Search results for:

10000 results

A list of search results

  • Chouest’s subsea fleet offering grows to over 100 ROVs and 6 AUVs with acquisition of UK firm

    3 May 2024
    Business & Finance, Business Developments & Projects, Vessels

    Chouest Group has bought ROVOP, an Aberdeen-based remotely operated vehicle (ROV) company, to widen its subsea capabilities.

  • European Commission grants €720 million to renewable hydrogen projects

    3 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development

    European Commission has awarded nearly €720 million to seven renewable hydrogen projects, selected through the bidding process under the European Hydrogen Bank.

  • Yinson Production puts $1.3 billion financing in place for Angola-bound FPSO

    3 May 2024
    Business & Finance, Business Developments & Projects

    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.

  • Ocean Sun forges partnership with Indian company to deploy floating solar tech

    3 May 2024
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Signed on 29 April 2024, this MoU aims to explore primary areas of partnership concerning Ocean Sun’s floating solar energy technology, which utilizes photovoltaic (PV) panels installed on hydro-elastic membranes at suitable locations identified by NHPC.

  • Four Solstad vessels land more work in Asia and West Africa

    3 May 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Project & Tenders, Vessels

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

  • GE Vernova and AFC buy their way into giant renewable Morocco-UK power project with $24.3 million

    3 May 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Transition

    GE Vernova and Africa Finance Corporation (AFC) have decided to bankroll the development of a huge renewable energy project in Morocco.

  • Trafigura orders 4 dual-fuel ammonia-powered ships in South Korea

    3 May 2024
    Business Developments & Projects, Infrastructure, Vessels

    Multinational commodity trading company Trafigura has signed a contract for four medium gas carriers (MGC) that will be capable of using low-carbon ammonia as a propulsion fuel when delivered.

  • Copenhagen Infrastructure Partners and Uniper forge hydrogen ties

    3 May 2024
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy

    Copenhagen Infrastructure Partners (CIP) has signed an MoU with Uniper to strengthen collaboration on bringing green hydrogen from CIP’s HØST PtX Esbjerg project to Germany.

  • Noble drillship kicks off drilling ops in Gulf of Mexico

    3 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    LLOG Exploration has started drilling an exploration/appraisal well in the U.S. Gulf of Mexico with one of Noble Corporation’s drillships.

  • FSRU embarks on voyage to Denmark for drydock inspection

    3 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    KN Energies (KN) has confirmed the departure of an FSRU to Denmark, where an inspection and repair is planned to be carried out in the dry dock.

  • New methanol-ready subsea construction vessel to sport Corvus’ energy storage system

    3 May 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Corvus Energy has been picked to provide energy storage systems (ESS) for a new energy subsea construction vessel (ESCV), which will be built for REM Offshore.

  • Höegh LNG’s FSRU hand-picked to bolster Egypt’s energy security

    3 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Höegh LNG has struck a deal with Australian Industrial Energy (AIE) and EGAS to deploy one of its FSRUs in Egypt.

  • Subsea7 and OneSubsea hired to work on Wisting and Bay du Nord oil projects

    2 May 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    Subsea Integration Alliance, comprising OneSubsea and Subsea7, has won a long-term strategic agreement with Equinor.

  • Valaris ‘laser-focused’ on ensuring its rig fleet will be fully booked in 2024

    2 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Valaris is determined to find more employment for its rigs during 2024 to get all the current gaps in fleet assignments filled out, so that, there are no remaining available days.

  • Argeo granted patent for ‘innovative’ sensor configuration for subsea vehicles

    2 May 2024
    Business & Finance, Business Developments & Projects, Equipment, Innovation, Outlook & Strategy, Regulation & Policy, Technology

    Argeo has secured its fifth patent from the Norwegian Industrial Patent office, this time for an innovative sensor configuration for subsea vehicles said to provide higher reliability, better signal, and improved detection. Argeo reported that its wholly-owned subsidiary Argeo Robotics had been granted a new patent from the Norwegian Industrial Patent office (Patentstyret) for the […]

  • JERA’s subsidiary in India begins operations

    2 May 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    JERA has announced the start of full-scale operations by its subsidiary JERA Energy India, established to widen business opportunities in the Indian market.

  • Damen embarks on a pilot project for circular ship recycling

    2 May 2024
    Business Developments & Projects, Outlook & Strategy, Transition

    Dutch Damen Shipyards Group is launching a pilot project in which a small tug will be dismantled at Damen Shiprepair Rotterdam’s Botlek site in a circular way and entirely in line with EU regulations.

  • Shell collects $7.7 billion in profit against backdrop of lower energy prices

    2 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has made strides in the pursuit of its strategy, which aims to bring more energy to the fore with a reduced emissions footprint.

  • New task for Odfjell Drilling related to rig non-conformities stemming from emergency preparedness management

    2 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation, Safety

    Odfjell Drilling has been asked to handle the identified non-conformities and improvement points regarding emergency preparedness management at a semi-submersible rig, which is working on the Norwegian Continental Shelf (NCS).

  • Kraken gathers $11 million in new contracts since beginning of 2024

    2 May 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Kraken Robotics has reported a “strong start” to 2024 for its Service business with $11 million of new contracts secured since the beginning of the year. The contracts, all set to be completed within this year, come in addition to $4 million of survey contracts for KATFISH and magnetometer surveys that were announced in November […]

  • Port of Rotterdam: 10% decrease in CO2 emissions in 2023

    2 May 2024
    Ports & Logistics

    In 2023, CO2 emissions in the port decreased by 2.2 Mton (10%) compared to 2022, the Port of Rotterdam Authority revealed.

  • Norway’s oil & gas production beats forecasts

    2 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production

    Norway recorded a slight rise in oil and gas production in March 2023 compared to the Norwegian Offshore Directorate’s predictions.

  • Ørsted selects Balmoral to shield Hornsea 3 cables

    2 May 2024
    Business & Finance, Business Developments & Projects, Equipment, Infrastructure, Project & Tenders

    Balmoral Comtec, a Balmoral Group company, has been awarded a multi-billion-pound contract for the supply of cable protection systems for Ørsted’s Hornsea 3 offshore wind farm in the UK. The scope of work includes design engineering which will take place at Balmoral Comtec’s Aberdeen facility, supply of 400 cable protection systems, and handling and installation […]

  • Greece and Saudi Arabia to launch studies for potential electricity interconnector

    2 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders

    Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) and Saudi Arabia’s National Grid Saudi Electricity Company have decided to kick off technical and economic studies for an electricity interconnector between the two countries. The launch of the technical and economic studies for the Greece-Saudi Arabia electricity interconnection project was decided in Riyadh, […]

  • Indian yard launches vessel duo destined for work at offshore oil fields

    2 May 2024
    Business Developments & Projects, Infrastructure, Vessels

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