Hess has picked Malaysia’s rig owner Velesto Energy to carry out the drilling work on a project located offshore Peninsular Malaysia.
Solar Energy of Albania (SENA), a subsidiary of state-owned power utility Korporata Elektroenergjitike Shqiptare (KESH), has launched a tender for the development of a 12.9MW floating solar plant in Albania.
Sandbrook Capital, a private investment firm headquartered in Connecticut, US, has acquired a majority stake in Havfram and has committed $250 million (NOK 2.65 billion) of equity capital to the Norwegian offshore wind services provider. Havfram will use the new capital to build a fleet of vessels f
3t Energy has been selected to develop a pioneering digital solution in partnership with OPITO to help workers in the offshore energy sector.
Kraken Robotics has signed an R&D contract with a “global energy company” which will provide $8 million of cash funding to its Brazilian subsidiary over a three-year period. Under the project, Kraken will continue the development of artificial intelligence (AI), machine learning software and subsea
Italian maritime transportation group Fratelli Cosulich has won a €29.5m loan from a consortium of lenders to finance 70% of the construction costs for a new LNG bunkering vessel currently being built by Chinese shipyard Nantong CIMC Sinopacific Offshore & Engineering Co. The lenders include Crédit
Swedish biogas producer Scandinavian Biogas has signed a multi-year agreement for the supply of liquid biogas (Bio-LNG) to the transport sector in the Nordic region. As disclosed, the deliveries of liquefied biogas under the agreement will begin shipping in 2023 and are intended from Scandinavian Bi
BP has awarded a long-term business services contract, covering its assets in the Caspian Sea and onshore Azerbaijan, to Glensol.
ConocoPhillips and CNOOC Limited have announced the beginning of the Penglai Offshore Windfarm Pilot Project, which will harness wind energy to power the Penglai oilfield.
Aker Solutions has secured a frame agreement to provide subsea production systems (SPS) and subsea lifecycle services (SLS) for Petrobras-operated oil and gas fields offshore Brazil. The scope covers the delivery of complete subsea production systems, including equipment such as subsea trees, Vectus
FPSO operator BW Offshore has secured a short-term contract extension for a vessel operating in waters offshore Nigeria.
The CO₂ reduction achieved by the new Molten Carbonate Fuel Cells (MCFC) technology for carbon capture (CC) in shipping, matches the expected targets announced by its developer Ecospray, at the beginning of the project, Italian classification society RINA said. The Italian environmental consultant l
Northern Ocean’s Deepsea Bollsta semi-submersible drilling rig is on its way to Namibia where it will work for the oil major Shell.
Oil and gas company Neptune Energy has started drilling the Calypso exploration well located in the Norwegian Sea.
