Norway’s VARD is set to perform an extensive conversion of a seismic research vessel into a seismic source vessel for compatriot company Sanco Shipping. Following Sanco Shipping’s takeover of the PGS Apollo, now renamed Sanco Sailor, on July 31, the vessel sailed directly to Vard Langsten. VARD said
South Korean HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company of HD Hyundai’s shipbuilding division, has decided to expand its footprint in Southeast Asia by acquiring Doosan Vina, an arm of Vietnam-based Doosan Enerbility. As disclosed, HD KSOE signed a stock
Joint venture partners Equinor, Shell and TotalEnergies have injected and stored the first CO2 volumes at the Northern Lights CO2 project in the Norwegian North Sea, marking the start of operations of what is said to be the world’s first third-party CO2 transport and storage facility. The first CO2
French shipping and logistics major CMA CGM has decided to accelerate the launch of the second phase of the Latakia Port expansion project in Syria.
Leaders of the South Korean conglomerate HD Hyundai and the US-based nuclear reactor design and development engineering company TerraPower have met to review nuclear supply chain expansion and commercialization progress.
DMEC’s 2024/2025 Market Report Chapter 1 on Innovative Offshore Renewable Energy Technologies offers a unique and comprehensive overview of the latest innovations and their global developments. It includes insights on the key following offshore renewable energy technologies: tidal, wave, offshore so
A new coalition uniting private companies, non-profit organizations and academic institutions to support the “responsible” growth of marine carbon dioxide removal (mCDR) has officially been launched. As disclosed, the Marine Carbon Dioxide Removal Coalition (mCDR Coalition), launched on August 21, w
Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has established a joint venture in Taiwan with ATE Energy International, a Taiwanese company specializing in the energy engineering sector. Mermaid Subsea Services (Thailand) Limited holds a
The UK National Grid has completed the award of its high-voltage direct current (HVDC) civil works supply chain framework, with £12 billion (around €13.9 billion) worth of agreements confirmed, marking the third and final stage of its £59 billion supply chain framework awards. The HVDC supply chain
Semco Maritime, a Danish engineering and contracting company operating in the conventional energy sector and offshore wind, has partnered up with London-headquartered start-up Stormborn to help bring unmanned surface vessel (USV) technology to market. Semco Maritime announced that it had made an inv
Towage services company SAAM Towage Uruguay has managed to neutralize 100% of its carbon footprint and acquired carbon credits from a forestry project.
Singapore-based green technology solutions provider Yinson GreenTech has partnered with Norwegian marine automation and control systems software provider Blue Ctrl to advance digital innovation in electric marine vessels.
European refiners are expected to become significant producers and buyers of green hydrogen, with the maritime sector offering growth potential.
As part of its goal to become a full-service partner across the energy lifecycle, Dubai-headquartered engineering and services company Kent has signed a binding agreement to acquire Exceed (XCD) Holdings Limited, a Scottish provider of well management, subsurface and decommissioning engineering serv
