Seven near-term projects in the UK are set to require 30 new wells and 194 kilometers of pipeline, with vessel and rig owners to be especially in demand, according to the research conducted by the North Sea Transition Authority and Global Underwater Hub.
Borr Drilling has disclosed its updated 2022 and 2023 financial guidance, showing a significant improvement in both cases.
Swiss-based container shipping giant MSC has the largest orderbook by far in the industry with 124 containerships on order. Namely, MSC has 14 megamax ships and 22 neo-panamax ships on order scheduled for delivery in 2023, according to Alphaliner. The orders are spread between Chinese and South Kore
OEUK has launched a documentary, highlighting the workers, which are spearheading the UK’s energy transition to net-zero.
Supergen ORE Hub and the University of Edinburgh’s Policy and Innovation Group have released a study that quantifies the potential power system benefits that the Great Britain stands to gain through wave energy and tidal stream deployments.
Europe’s imbalanced energy market combined with other factors has generated an “all-time high demand for Norwegian natural gas.”
Türkiye’s new vessel will soon be going on its first mission in the Black Sea, working on giant project in preparation for the first gas.
India has become the largest seaborne importer of Russian crude in the wake of the EU ban on seaborne oil imports and subsequent G7 price cap for exports. Exports to India increased from virtually nothing prior to Russia’s invasion of Ukraine to 1.2 Mb/d in November last year, according to Poten & P
Famatown Finance Limited, a company controlled by shipping magnate John Fredriksen, has acquired 4,653,000 additional shares in Belgian tanker shipping company Euronav. Together with related companies, Famatown holds 45,641,478 shares in Euronav or 22.62% stake. The move has brought Fredriksen close
Italy’s energy infrastructure operator Snam has revealed its plans to invest a total of €10 billion ($10.8 billion) by 2026 in strengthening its transport, storage and LNG business to contribute to the country’s energy security. The investment is part of Snam’s 2022-2026 Strategy Plan, which was app
Saipem has joined forces with MCS to launch a new asset integrity management system for offshore energy operators.
Researchers at the University of Western Australia’s Marine Energy Research Centre (MERA) have released two reports highlighting the ocean energy potential of Western Australia’s Albany region.
Nauticus Robotics has started its international expansion strategy for 2023 and beyond with the initiation of its operations in Norway and the United Kingdom.
Japan’s IHI Corporation has signed a Memorandum of Understanding (MoU) with Gentari Hydrogen, a clean energy solutions entity wholly-owned by PETRONAS, to evaluate the feasibility of leveraging solar resources of Malaysia to produce and sell green ammonia derived from renewables. Under the MoU, IHI
