U.S.-based energy company NextDecade has announced that Rio Grande LNG has received binding commitments from a syndicate of lenders in an amount sufficient, together with expected project equity funding, to support a positive final investment decision (FID) of the first three liquefaction trains (Ph
Solstad Offshore has sold an anchor handling tug supply (AHTS) vessel to a buyer, whose identity has not been revealed.
Houston-based Nauticus Robotics has secured a contract with Brazilian state-owned oil and gas giant Petrobras for the deployment and testing of its Aquanaut autonomous subsea robot offshore Brazil. The contract is said to come as Petrobras had recently ramped up efforts in robotics and artificial in
Challenger Energy has been awarded the sole remaining available shallow water exploration block located off Uruguay.
Wood has secured a long-term contract extension for the work on 20 installations off Brunei with Brunei Shell Petroleum (BSP).
The work on the export pipeline for TotalEnergies’ redevelopment project in the Danish North Sea has been completed.
The summer holiday season doesn’t seem to be slowing down the activities of the global energy sector. Energy companies are still moving strongly towards a low-carbon and sustainable future, with carbon capture and storage (CCS) and renewables serving as the main topics of the conversation. TotalEner
The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to staggering 44 containerships, valued at over $5 billion. Evergreen has emerged as the biggest spender with a reported order of twenty-four 16,000 TE
Reliance Industries Limited (RIL) and BP has brought on stream the third deepwater development in block KG D6 off the east coast of India.
Italy’s oilfield services provider Saipem has secured new contracts, which are worth approximately $1 billion.
Singapore-based ship management company Eastern Pacific Shipping (EPS) revealed that it has teamed up with Canada-based coatings company Graphite Innovation & Technologies (GIT) to implement the latter’s graphene-based, biocide-free propeller coating across its fleet. EPS plans to boost the performa
Danish company Wavepiston and its two university partners have secured a government grant of over €2 million for a wave energy research project.
Prysmian Group has set new near-term and net-zero GHG emission reduction targets, which will enable it to reach its sustainability goals.
Seaway7 has signed a contract with ScottishPower Renewables, Iberdrola’s UK arm, for the transport and installation of foundations and inter-array cables for the 1.4 GW East Anglia Three offshore wind farm. The deal is worth between $500 million and $750 million, as per Subsea7’s definition of a ver
