Search results for: GTT

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A list of search results

  • Multinational players urged to step up oil & gas decom game off Australia

    20 March 2024
    Environment, Equipment

    The Maritime Union of Australia (MUA) is urging oil and gas companies to clean up disused infrastructure in Australian waters.

  • ‘Major’ oil player books jack-up rig for drilling gig offshore Qatar

    26 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    ADES Holding Company has secured a long-term assignment for one of its jack-up rigs off the coast of Qatar.

  • Biden vs Trump: Will energy policy or tectonic shifts in democracy and geopolitics decide winner of potential 2024 showdown?

    5 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    Biden’s energy dossier confirms his willingness to bend over backward to uphold his values and clean energy agenda, but will America’s energy transition grind to a halt under Trump’s reign if he gets another term?

  • Ocean Power Technologies gets $1.6 million USV order

    24 October 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Transition, Vessels

    Ocean Power Technologies (OPT) has received an order from Sulmara for multiple uncrewed surface vehicles (USVs), representing the largest single order of WAM-Vs to date. The order is valued at $1.6 million. Due to demand, production is already underway and will allow for revenue recognition this fiscal year. According to OPT, the WAM-V 16 is designed to adapt to […]

  • BP and Petrofac extend their North Sea relationship

    15 April 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    BP has prolonged its collaboration with Petrofac for work at its oil and gas assets in the North Sea.

  • Smart Green Shipping: On-land testing of FastRig kicks off

    18 March 2024
    Business Developments & Projects, Technology

    UK systems design house Smart Green Shipping has commenced on-land testing of FastRig, a wingsail that harnesses wind power to deliver thrust to the ship and can reduce shipping emissions by up to 30%.

  • SBM Offshore speeding up FPSO projects with new multi-purpose floater hull financing

    18 December 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    SBM Offshore has secured a new multi-million revolving credit facility (RCF) for the financing of the construction of Fast4Ward multi-purpose floater (MPF) hulls.

  • ABS, GTT and DHT develop new LNG-powered VLCC design

    6 September 2023
    Vessels

    Classification society ABS, French containment specialist Gaztransport & Technigaz (GTT) and DHT Holdings have signed a joint development project (JDP) to optimize a new, very large crude carrier (VLCC) with liquified natural gas (LNG) propulsion.

  • UK firm lands North Sea deal with Neptune

    13 November 2023
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders

    Plexus Holdings has won a rental contract with Neptune Energy for a plug and abandonment (P&A) project in the UK sector of the North Sea. 

  • Oman LNG enters sales and purchase deal with BP

    21 November 2023
    Business & Finance, Business Developments & Projects

    Oman LNG has signed a sales and purchase agreement (SPA) with British energy giant BP for the supply of 1 million metric tonnes per annum (mtpa) of LNG. Oman LNG announced the signing of the agreement on November 21, stating that it sustains the company’s position as a reliable supplier while contributing to the local […]

  • More work with TotalEnergies in Africa for semi-submersible rig

    21 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Northern Ocean has landed a contract extension for one of its semi-submersible rigs for activities in West Africa with TotalEnergies.

  • Eidesvik and Agalas shake hands for low-emission Türkiye-built vessel

    19 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Eidesvik Offshore and Agalas have entered into an agreement to build a new, low-emission construction support vessel (CSV) that will be equipped to perform inspection, maintenance and repair (IMR) work. The vessel will be owned by an entity to be named Eidesvik Agalas AS, where Eidesvik will be the majority owner with 50.1% and will […]

  • Steel cut for KOTUG’s dual-fuel methanol escort tugs

    28 February 2024
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    KOTUG Canada, a partnership between KOTUG International and Canada’s Horizon Maritime, has held a steel cutting ceremony for two dual-fuel methanol escort tugs that will service the Trans Mountain Expansion Project (TMEP). The ceremony took place on February 13 at Sanmar Shipyard in Türkiye, marking the beginning of the construction phase. Designed by ship designer […]

  • MODEC picks Dutch contractor for FPSO work on ExxonMobil’s oil development off Guyana

    12 January 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Jumbo Offshore has got a job with Japan’s MODEC for an FPSO, which will work on ExxonMobil’s fifth oil development offshore Guyana.

  • First publicly available FuelEU Maritime calculator is here

    25 March 2024
    Automation, Business Developments & Projects, Innovation, IT & Software, Technology

    The first publicly available FuelEU Maritime calculator has been released by zero44, a Germany-based provider of digital CO2 management solutions, to help prepare shipowners for costs associated with the upcoming FuelEU Maritime regulation.

  • Aramco hands out 12-month jack-up rig suspension to Borr Drilling

    5 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Borr Drilling has received a notice of temporary suspension of operations for one of its jack-up rigs working for Aramco.

  • Equinor all set to kick off drilling ops with Transocean rig

    26 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Equinor has received consent to embark on offshore drilling activities with one of Transocean’s rigs in the Barents Sea.

  • Shipping giants reaping high profits from EU ETS, study shows

    26 March 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Research & Development, Vessels

    Shipping giants are profiteering from the EU Emissions Trading System (EU ETS), the world’s first and largest emissions cap-and-trade system, a new Transport & Environment (T&E) study reveals.

  • Hapag-Lloyd studying 4,500 TEU wind-powered boxship concept

    11 December 2023
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Research & Development, Technology, Transition, Vessels, Vision

    German container shipping company Hapag-Lloyd is eyeing a potential 4,500 TEU newbuilding vessel with wind-assisted propulsion as part of the company’s R&D activities involving alternative technologies and fuels.

  • Third electric tug for Canada’s LNG export facility delivered to HaiSea Marine

    7 December 2023
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Türkiye’s Sanmar Shipyard has delivered the third battery electric tug for LNG Canada’s export facility in Kitimat to HaiSea Marine, a joint venture majority-owned by the Haisla Nation in partnership with Seaspan ULC. The tug named HaiSea Brave is joining its sister vessels HaiSea Wamis and HaiSea Wee’git, which were delivered earlier this year. The […]

  • Towards a new generation with the Damen Offshore Carrier

    22 December 2023
    Equipment, Research & Development, Technology, Vessels

    The development of Damen’s Offshore Carrier vessel (DOC) was sparked by a desire to increase efficiency. The concept was born when Damen hit upon the idea of combining the tug and pontoon conventionally used in offshore transportation, in a single vessel. Almost immediately, a range of advantages presented themselves. Such a vessel would significantly widen […]

  • Denmark wants to be the ‘leading green country’ in maritime area

    7 November 2023
    Outlook & Strategy, Transition, Vision

    The Danish government has presented its 2030 plan for the Danish economy outlining the ambition to maintain and expand its position as a “leading green country” in the maritime area.

  • Metacon unifies its brand platform to boost market visibility

    5 December 2023
    Business Developments & Projects, Outlook & Strategy

    Helbio, a wholly-owned Greek subsidiary of the Swedish manufacturer of energy systems for green hydrogen production Metacon AB, is changing its name to Metacon S.A., along with integrating the company’s operations into Metacon AB’s IT, branding and financial platform, thus consolidating Metacon as an international group under the same brand. With the latest changes in […]

  • Equinor renews deal for well control services with Norwegian firm

    23 February 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    AGR has secured a contract extension with Equinor for the provision of blowout and well control studies on the NCS.

  • Thai national oil & gas company sets another CCS deal into motion

    3 April 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition, Vision

    Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) and Thai public university Kasetsart University have signed a memorandum of understanding (MoU) focused on carbon capture and storage (CCS) technology, among other things. The collaboration aims to carry out research studies on geoscience and petroleum engineering, develop professionals in petroleum exploration and production, […]