THREE60 Energy has landed two contract wins with BW Offshore for engineering, procurement, construction, and commissioning (EPCC) services.
Dutch thermoplastic composite pipe (TCP) producer Strohm has supplied its first TCP Jumper in West Africa for French energy giant TotalEnergies. Strohm has supplied TotalEnergies with a TCP Jumper commissioned in the Egina field in the deep water of 1,600 meters in Nigeria. The installation followed
Eagle Bulk Shipping’s bulker MV Gibraltar Eagle is the latest commercial vessel to be targeted by the Houthis in the Red Sea as tensions in the region escalate following U.S. and U.K.-led airstrikes on Houthi’s positions in Yemen. The Conneticut-based dry bulk shipping major confirmed the attack in
As the maritime industry charts a course for robust growth, Clarksons Shipbroking foresees a substantial increase in global shipbuilding activities, primarily driven by the growth in South Korean output. Clarksons’ estimations project a noteworthy 40 million compensated gross tonnage (CGT) output fo
An ocean thermal energy conversion (OTEC) project developed by Japan’s Mitsui O.S.K. Lines (MOL) in Mauritius has made a step towards commercialization by being selected for a program commissioned by Mauritius’ Ministry of Economy, Trade and Industry (METI). MOL’s project involves an initial study o
Rex has engaged Hannam & Partners (H&P) as its exclusive corporate finance advisor concerning its recently awarded PSC offshore Benin.
In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systemati
BP has welcomed the arrival of an FLNG unit destined for its Greater Tortue Ahmeyim (GTA) LNG project off the coasts of Mauritania and Senegal.
Following what has been described as the ‘largest Houthi drone attack’ in the Red Sea on January 9, the U.N. Security Council adopted a resolution demanding that the Houthis immediately cease all attacks on merchant and commercial vessels. At least 21 missiles and drones were launched toward interna
To step up the development of four oil projects, Azule Energy has set its cap on using FutureOn’s digital design and visualization platform.
Transnet National Ports Authority (TNPA) has appointed the Vopak Terminal Durban & Transnet Pipelines (TPL) Consortium Venture as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at the Port of Richards Bay in South Africa. Specifically, following a procurement proc
In 2023, global shipyards delivered 350 new containerships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. The 2023 record is now likely to be beaten already in 2024, BIMCO announced. As 2023 saw a relatively low level of container
