French container shipping major CMA CGM Group has entered into exclusive discussions with STEF Group to acquire 100% of La Méridionale, a mixed freight and passenger shipping company based in Marseille. “With this acquisition, CMA CGM Group wishes to pursue its development in the Mediterranean, whil
Workers employed by Wood Group on TAQA platforms and Petrofac on one of Ithaca’s platforms are being balloted for strike action.
Nexans has reported an all-time high adjusted backlog of €3.5 billion for its Generation & Transmission business in 2022, an increase of 51 per cent compared to 2021, said to be pulled by the Celtic Interconnector project. In the “record financial year” for the French cable maker, Generation & Trans
Norwegian floating solar company Ocean Sun has released financial results for 2022, marking a significant increase in revenues when compared to a year before.
State-owned transmission system operator Gasgrid Finland is progressing its hydrogen transfer infrastructure demonstration project with a €9.5 million grant for project design and potential construction. The demonstration project aims to construct a pipeline to enable the hydrogen generated at Kemir
Spain-based water utility Miya has expanded its activities to the renewables sector with the acquisition of a stake in Xfloat, an Israeli floating solar developer.
Bureau of Ocean Energy Management (BOEM) has made adjustments to monetary penalties for oil and gas companies, implementing the 2023 inflation adjustments.
Marine fuel supply companies BMS United Bunkers, Bunkernet, and SBI bunkering BV have entered into a definitive merger agreement to create Baseblue. The trio said that the merger would result in a larger and financially more reliable company. As disclosed, Baseblue will also offer a wider range of s
Normand Ships, a wholly owned subsidiary of Solstad Offshore, has delivered the construction support vessel (CSV) Normand Jarl to an undisclosed new owner.
Norwegian offshore vessel owner Havila Shipping has secured another contract with compatriot oil giant Equinor for one of its platform supply vessels (PSVs). Havila reported on 15 February that Equinor awarded the contract to the PSV Havila Clipper. The contract is for a firm period of six months, i
Norway’s offshore engineering contractor Aker Solutions has revealed that its subsidiary CSE in Brazil was subjected to a cyber attack, which impacted its IT systems.
The UK’s race to decarbonise the maritime sector has been given another boost, with £60 million in government funding for the development of green maritime technologies.
Monaco-based dry bulk shipping company Safe Bulkers is set to welcome eight eco-newbuilds in the upcoming two years pushing its fleet with improved energy efficiency to 23 ships. The company’s fleet currently consists of 44 vessels, with 12 of them being eco-ships built after 2014, and three of them
Brazilian oil and gas giant Petrobras has awarded Alcatel Submarine Networks (ASN) and Maersk Supply Service (MSS) with a contract for the supply and installation of a permanent reservoir monitoring (PRM) system on a field located in the Santos Basin offshore Brazil. The contract includes the engine
