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Donsötank
Business & Finance

Donsötank books two more LNG-fuelled chemical tankers at Wuhu Shipyard

Swedish tanker shipping company Donsötank has placed an order for two newbuildings dual-fuel 22,500 dwt oil and chemical tankers with Wuhu Shipyard based in China. The vessels are scheduled for delivery in the second and fourth quarters of 2025. “As we navigate the path towards the future of shippin

about 3 years ago
West Vencedor semi-submersible self-erecting tender assisted drilling rig; Source: Edrill
Business & Finance

Three Seadrill rigs joining Singapore player’s fleet

Edrill is expanding its rig fleet thanks to a deal with Seadrill, which will enable it to buy three tender-assist drilling units.

about 3 years ago
Neptun Deep - offshore platform simulation; Credit: OMV Petrom
Business & Finance

$4.4 billion investment on the cards for ‘largest natural gas project’ in Romania’s Black Sea

OMV Petrom and Romgaz have made a final investment decision for a giant deepwater natural gas project in the Black Sea.

about 3 years ago
A photo of TotalEnergies stand at Offshore Energy Exhibition & Conference 2022
Business & Finance

TotalEnergies joins Offshore Energy Exhibition & Conference for the second year in a row

TotalEnergies has confirmed its participation in Offshore Energy Exhibition & Conference 2023 (OEEC 2023), to be held this November in Amsterdam, the Netherlands. The energy giant is now a returning exhibitor and sponsor at OEEC, after having been part of OEEC 2022. The company will join this year’s

about 3 years ago
ESL Shipping Electramar
Business & Finance

AtoB@C Shipping’s first hybrid vessel hits the water in India

India’s Chowgule Shipyard has launched Electramar, the first unit in the series of twelve energy-efficient plug-in hybrid vessels ordered by AtoB@C Shipping, a subsidiary of Finnish dry bulk shipping company ESL Shipping. “The launching of a vessel is always a special moment in shipbuilding and we a

about 3 years ago
Hercules rig; Source: Odfjell Drilling
Business & Finance

Semi-sub rig on its way to Canada for its drilling assignment with ExxonMobil

A semi-submersible rig, owned by SFL Corporation (SFL) and managed by Odfjell Drilling, has embarked on its journey to Canada, where it will start its new contract with ExxonMobil, a U.S.-based energy giant.

about 3 years ago
BV AIP
Business & Finance

Qiyao Enviro’s onboard carbon capture tech validated on Wan Kwong’s ships

Wah Kwong Maritime Transport Holdings, a Hong Kong shipowner, and Qiyao Environmental Technology (Qiyao Environ Tec), a subsidiary of Shanghai Marine Diesel Engine Research Institute, have secured an approval in principle from Bureau Veritas (BV) for a carbon capture and storage (CCS) project onboar

about 3 years ago
Valaris 249 jack-up rig on board Boskalis' Blue Marlin semi-submersible heavy transport vessel; Source: Valaris
Business & Finance

Valaris jack-up rig comes to Trinidad to embark on its new drilling gig

Valaris has confirmed the arrival of one of its heavy-duty ultra-harsh environment jack-up rigs in Trinidad.

about 3 years ago
ports
Business & Finance

Denmark inaugurates first shore power facility with AIDAmar in Aarhus

Port of Aarhus, Denmark’s largest commercial port, opened its first shore power facility for cruise ships on June 20, 2023 enabling the vessels to keep their engines running on electricity while docked in the port and thus cut their emissions. The Port of Aarhus is one of Denmark’s largest cruise de

about 3 years ago
Hartshead Resources
Business & Finance

‘Major milestone’ tucked away with submission of development plan for UK North Sea gas project

Hartshead Resources and Viaro’s RockRose Energy have handed a field development plan (FDP) for Phase I gas project in the UK North Sea.

about 3 years ago
XL uncrewed underwater vehicle set for technology demonstrations
Business & Finance

XL uncrewed underwater vehicle set for technology demonstrations

Canadian Cellula Robotics and UK-based HonuWorx are collaborating to carry out a series of technology demonstrations that will use an extra-large uncrewed underwater vehicle (XLUUV). The demonstrations will see Cellula’s Solus-XR extra-large uncrewed underwater vehicle (XLUUV) used in showcasing Hon

about 3 years ago
Illustration; Source: SBM Offshore
Business & Finance

SBM Offshore wraps up $1.62 billion financing with 12 banks for Brazil-bound FPSO

SBM Offshore has completed the project financing of an FPSO, which is destined to work for Petrobras offshore Brazil.

about 3 years ago
Illustration; Source: Woodside
Business & Finance

Woodside sanctions $7.2 billion deepwater oil project

Woodside has made a final investment decision to develop a deepwater oil project in the Perdido basin in the Gulf of Mexico.

about 3 years ago
Algoterra
Business & Finance

Algoma orders methanol-ready product tanker duo at Hyundai Mipo

Canadian shipping company Algoma Central Corporation (Algoma) has placed an order for two methanol-ready 37,000 dwt product tankers with Hyundai Mipo Shipyard in South Korea. The investment is worth $127 million CAD ($96 million). The new ships will be entered on long-term time charters to Irving Oi

about 3 years ago
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