
Norwegian shipping group Island Offshore has awarded compatriot shipbuilder VARD with a contract to design and construct one hybrid power ocean energy construction vessel (OECV) and has also agreed on an option for two more vessels. In 2020-2021, Island Offshore, whose 19-vessel fleet operates in th

Malaysia’s Sapura Energy has secured $1.8 billion worth of contracts with Brazilian state-owned oil and gas giant Petrobras for six multi-purpose pipe-laying support vessels (PLSVs). Sapura Energy’s joint venture entities Seabras Sapura Holding and Seabras Sapura Participacoes have been awarded the

An FPSO, which is working on ExxonMobil’s first oil development project offshore Guyana, has tucked one more industry first under its belt.

Vår Energi has struck a deal with DNO Norge to divest its interests in five oil and gas fields in the Norwegian Sea.

Yinson Production has confirmed the departure of an FPSO vessel from a Chinese shipyard.

Senegal’s O3S has commissioned Incat Crowther and Penguin International to build a new FSV to service the country’s offshore energy sector.

MODEC and JGC Corporation have wrapped up a project aimed at measuring and quantifying emissions of methane and other greenhouse gases (GHG).

MODEC has put Seatrium in charge of topsides integration on an FPSO, which will be deployed at ExxonMobil’s oil development offshore Guyana.

BW Offshore has brought the sale of an FPSO vessel to an end, thanks to BW Energy upholding its end of the bargain.

Yinson Production has secured a limited recourse term loan facility of up to $1.3 billion for the pre-and post-delivery financing of an FPSO.

Solstad Offshore has won new contracts for four members of its fleet, encompassing three CSVs and one AHTS vessel.

Ship classification society Indian Register of Shipping (IRS) has confirmed the launch of two vessels at the San Marine yard in Kakinada.

China’s Dalian Shipbuilding has signed a contract to build two 175,000 cubic meter large-scale LNG vessels for Ocean Jade Invested Limited.

QatarEnergy is bolstering its giant liquefied natural gas (LNG) fleet expansion with a $6 billion deal for 18 ultra-modern QC-Max size LNG vessels.