The Government of Montenegro is advancing works to install an LNG terminal in the port of Bar as it signs a memorandum of understanding (MoU) with US companies Enerflex Energy Systems and Wethington Energy Innovation. On 12 May, Prime Minister Dritan Abazović, on behalf of the Government of Monteneg
Noble Corporation has won contracts with UK-headquartered energy giant Shell and Brazilian state-owned oil and gas giant Petrobras, respectively, for two of its 7th-generation drillships. Shell has contracted Noble Voyager to drill a deepwater exploration well offshore Mauritania. The drillship is c
International owner and operator of liquefied natural gas (LNG) carriers GasLog has entered into new time charter agreements for two of its TFDE LNG carriers. According to GasLog, the agreements were signed during the first quarter of 2023. One of the time charter agreements involves GasLog Singapor
Malaysia Marine and Heavy Engineering (MMHE) has awarded Petra Energy’s subsidiary Petra Resources with a subcontract for the first carbon capture and storage (CCS) project offshore Malaysia. Under the deal, Petra Resources is in charge of the hook-up and commissioning works for the Kasawari CCS pro
Norwegian vessel owner Solstad Offshore has received a Letter of Intent (LOI) from an undisclosed subsea contractor for the charter of the largest vessel in its fleet. Under the agreement, Solstad’s subsea construction vessel (CSV) Normand Maximus is set to begin work for the client in the first qua
French major TotalEnergies has awarded Norway’s Shearwater GeoServices with a contract to carry out surveys over its gas fields located west of Shetland, offshore the UK. Under the contract, Shearwater will carry out two 4D surveys over the Laggan, Tormore, and Edradour fields, with an option to ext
The Board of Directors of the Italian energy giant Eni has appointed Claudio Descalzi as Chief Executive Officer (CEO) for his fourth term and has named the members of the board committees. In this role, Descalzi is responsible for the management of the company, with the exception of specific respon
French LNG containment specialist GTT has received an order from its South Korean partner HD Hyundai Heavy Industries (HHI) for the tank design of two new LNG carriers. South Korean shipyard placed an order on behalf of a European shipowner. The order will see GTT design the tanks of the two vessels
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi-based oil company ADNOC, has signed an agreement with France’s SeaOwl for the design of unmanned remotely operated vessels (ROVs) capable of transporting vehicles, equipment and supplies to and from offs
The German government has approved the 24.9 percent minority shareholding of the Chinese company COSCO Shipping Ports Limited (CSPL) in Container Terminal Tollerort (CTT), a subsidiary of Hamburger Hafen und Logistik AG (HHLA). HHLA is one of the largest port operators in Europe and has a strong pre
Subsea 7 has secured what it describes as a “major” contract for a two-phase subsea development. The initial scope of work to be executed comprises the engineering, procurement, construction, and installation (EPCI) of approximately 37 kilometers of infield flowlines, 47 kilometers of control umbili
MISC Berhad, the Malaysian shipping company, has announced the appointment of Zahid Osman as the new President and CEO of its Singapore-based petroleum logistics unit AET, effective from June 1, 2023. This change in leadership aims to prioritize continuity and drive the organization’s long-term succ
Dyna-Mac has secured several new contracts with existing customers, bringing its net order book to date to S$608.1 million.
Houston-based Nauticus Robotics has secured an additional $2.7 million under its current contract with Leidos to advance the development of the Aquanaut-derived subsea platform. The subsea platform, an unmanned underwater vehicle (UUV), has advanced artificial intelligence and sensing capabilities a
