Danish investment company A.P. Moller Holding, the largest shareholder in towage services provider Svitzer, has decided to buy out all of the latter’s shares, moving it from a public company to a private one. A.P. Moller Holding has, through its wholly owned subsidiary APMH Invest, unveiled a recomm
Marine and offshore solutions provider SRC Group has formed a partnership with Singapore-based engineering company SLR Synergies to expand its global footprint.
ENEOS, Maersk, and A.P. Moller Holding will invest $100 million in green methanol project developer C2X to advance its global methanol production portfolio.
Norway-based energy data and intelligence company TGS has kicked off a new multi-client ultra long offset ocean bottom node (OBN) data acquisition project in the Gulf of America, with the data expected to help oil & gas operators make more informed decisions and mitigate drilling risks. The Amendmen
Japanese shipping player NYK and its partners have signed a memorandum of understanding (MoU) to develop an offshore floating data center powered by 100% renewable energy.
Highlands and Islands Enterprise (HIE) has taken full ownership of the Orkney Research and Innovation Campus (ORIC) in Stromness, Scotland, following the transfer of Orkney Islands Council’s (OIC) share in the joint venture (JV). According to HIE, the move comes as ORIC prepares for a second phase o
Italy’s engineering, drilling, and construction services company Saipem has secured two new offshore contracts in the Middle East and Guyana for a total amount of approximately $720 million. The first contract covers engineering, procurement, construction and installation (EPCI) activities for the r
The Maritime Battery Forum (MBF) and the Zero Emission Shipping Technology Association (ZESTAs) have signed a memorandum of understanding (MOU) to formalize their collaboration in advancing zero-emission shipping technologies.
Switzerland-headquartered energy company MET Group has named a new leader for its liquefied natural gas (LNG) unit.
Some five days after taking the final investment decision (FID), Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have submitted the plan for development and operation (PDO) to the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage de
Less than 20% of the EU’s planned hydrogen project pipeline is expected to be realized by 2030 without urgently addressing critical points that create a widening gap between ambition and reality in Europe’s hydrogen sector, according to the latest report from energy market research and consultancy f
UK-headquartered Zero USV has named Leeway Marine as its first international franchisee for its uncrewed surface vessel (USV) charter fleet in North America. According to Zero USV, Oceanus12 is designed for long-distance over-the-horizon operations and is mission agnostic, allowing a wide range of p
Norwegian subsea services provider Argeo has signed new contracts under which its two vessels will be deployed offshore South America and Africa on oil & gas projects. The contracts will see Argeo Searcher perform autonomous underwater vehicle (AUV) survey work in South America and Argeo Venture AUV
Plug and Play, an innovation platform based in Silicon Valley, has partnered with the Maritime and Port Authority of Singapore (MPA) to accelerate innovation, digitalization, and decarbonization in the maritime sector.
