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Business Developments & Projects, Collaboration, Outlook & Strategy
JERA, Japan’s energy major, and PTT Public Company Limited, a state enterprise operating petroleum and related businesses under the Energy Ministry of Thailand, have signed a Memorandum of Understanding (MoU) to collaborate on initiatives for expanding the supply chain and usage of hydrogen and ammonia towards decarbonisation in Thailand. According to JERA, the MoU stipulates […]
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Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy, Project & Tenders
As the current chairman is leaving the Energy Industries Council (EIC), a new one has been appointed to take his place.
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Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety, Transition, Vision
Classification society DNV has verified the safety of all aspects of Project Greensand’s CO2 storage in the North Sea. Project Greensand includes capturing CO2 at an INEOS Oxide site in Zwijndrecht, Belgium, which is transported cross-border and stored in the Nini field in the Danish North Sea. The CO2 injected is stored at a depth of […]
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Business Developments & Projects, Human Capital, Outlook & Strategy, Transition
The Blue Cluster in Belgium, an organization established to promote the development of innovative economic activities at sea, has appointed Piet Opstaele as its new chief executive officer.
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Business & Finance, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Technology
Nauticus Robotics, a U.S.-based developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, has entered into a service contract with energy giant Shell for the use of its subsea robot. The initial scope of work covers inspection services on Shell’s subsea field development in the Gulf of Mexico and includes options […]
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Business & Finance, Green Marine, Ports & Logistics
The German government has approved the 24.9 percent minority shareholding of the Chinese company COSCO Shipping Ports Limited (CSPL) in Container Terminal Tollerort (CTT), a subsidiary of Hamburger Hafen und Logistik AG (HHLA). HHLA is one of the largest port operators in Europe and has a strong presence in the Hamburg Port. HHLA welcomed the […]
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Business Developments & Projects, Outlook & Strategy, Regulation & Policy
France Energies Marines, the institute for energy transition dedicated to offshore renewable energies, has appointed Ronan Stephan as its new chairman.
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Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders
Yinson Production has acquired an FPSO vessel, which is destined for work at Enauta’s oil field offshore Brazil.
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Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Research & Development
Advanced Navigation has launched what is said to be the largest subsea robotics center in Australia, set to accelerate the production of the company’s underwater technologies. The high-tech manufacturing and R&D center is located on a 5.5-acre site in Balcatta, Western Australia, and includes full testing facilities with several marine simulation environments. It is split […]
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Business & Finance, Green Marine, Human Capital, Outlook & Strategy, Transition
MISC Berhad, the Malaysian shipping company, has announced the appointment of Zahid Osman as the new President and CEO of its Singapore-based petroleum logistics unit AET, effective from June 1, 2023. This change in leadership aims to prioritize continuity and drive the organization’s long-term success, MISC said. Osman succeeds Capt. Rajalingam Subramaniam who will now […]
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Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders
Equinor has exercised options to drill additional wells with two Odfjell Drilling-owned rigs, extending the rigs’ backlog further.
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Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation
Equinor has secured a drilling permit from the country’s authorities for two wells in the Norwegian Sea.
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Business & Finance, Business Developments & Projects, Project & Tenders
Offshore drilling contractor Noble Corporation has secured a new contract for one of its seventh-generation drillships in the U.S. Gulf of Mexico.
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Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation
Norwegian offshore safety regulator has given Equinor consent to carry out modifications at a platform operating on a field in the Norwegian Sea.
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Business & Finance, Business Developments & Projects, Certification & Classification, Collaboration, Environment, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Technology, Transition, Vessels
A green retrofit package solution designed by Dutch ship design company AURELIA in partnership with Econowind, Wattlab and Vertom has secured an Approval in Principle (AiP) from the Italian classification society RINA. The solution incorporates rigid sails, solar panels, batteries, optimized weather-routing, and a smart decision support system developed by Hydrographic and Marine Consultants (HMC). […]
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Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States was on the rise last week.
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Business & Finance, Business Developments & Projects, Collaboration, Project & Tenders
InterMoor, part of Acteon’s engineering, moorings and foundations division, has secured a contract extension with Chevron for a decommissioning scope in Thailand. Following the completion of Phase 1 decommissioning work in 2021 in the Gulf of Thailand, Chevron Thailand Exploration and Production (CTEP) has extended InterMoor’s field decommissioning contract by adding more packages for the disconnection and […]
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Business Developments & Projects, Collaboration, Equipment, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Technology, Transition
French start-up SolarinBlue has deployed two offshore floating solar units in the Mediterranean sea as part of the Sun’Sète project, which aims to supply clean electricity to one of the 10 biggest French ports.
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Business & Finance, Business Developments & Projects, Certification & Classification, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition, Vessels
CCS Wuhan Rules & Research Institute, a key institute directly under the China Classification Society, has granted an Approval in Principle (AiP) certificate to Zhejiang Seahead Ship Design and Research Institute Co. for China’s first methanol-fueled bunkering ship. The methanol-fueled bunkering ship design has been developed in response to the industry’s growing demands for methanol as a marine fuel. […]
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Business & Finance, Business Developments & Projects, Equipment, Outlook & Strategy, Research & Development
UK’s Modus Subsea Services has secured a £5 million term loan from advisory and investment firm Gordon Brothers for the development of solutions. Modus said it had used the loan for refinancing with existing lenders and to assist in developing best-in-class solutions for clients globally. The UK firm is a pioneer in the use of underwater […]
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Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders
BW Offshore has secured short-term contract extensions for two FPSOs, working on fields located off Nigeria and the Ivory Coast, respectively.
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Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders
A rig, destined to work on a drilling campaign offshore Kuwait, is preparing for its assignment at a Chinese yard.
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Business & Finance, Business Developments & Projects, Project & Tenders, Vessels
Norwegian Pascal Technologies, formerly SES-X Marine Technologies, has secured NOK 53 million (around $5 million) for the development of its long-range electric boats.
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Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision
Marine Energy Wales and Morlais have signed a memorandum of understanding to enhance their collaborative efforts and accelerate growth of the marine energy sector.
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Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy
Norwegian company Havkraft has secured funding support to further advance its wave energy technology and projects.