Maersk Supply Service has secured a contract for its cable-laying vessel Maersk Connector with Seaway 7 in the North Sea.
When it comes to the energy transition, we have already seen that the first-mover advantage is there.
McDermott has completed the transportation and installation subcontract of the SVDN gas and condensate developments offshore Vietnam.
Offshore drilling contractor Borr Drilling has secured more work for its jack-up drilling rigs, increasing its contracted fleet to 15 rigs.
DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.
South Korean steel-making company POSCO has partnered up with local shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) and others to develop a liquid carbon dioxide (CO2) carrier.
India’s oil refiner Indian Oil and Malaysia’s LNG giant Petronas are expanding their joint venture to establish LNG terminals.
Royal Dutch Shell has taken a final investment decision (FID) on the Timi gas development project located off Malaysia.
Singapore’s Rex International has signed two Production Sharing Contracts (PSCs) in Malaysia awarded earlier by Petronas.
Energy transition is bringing with it an intricate mix of options for the offshore energy and shipping sectors.
Shipowners are enjoying a cash-rich period despite coronavirus challenges and continue investing in new vessels.
Greece and Bangladesh have been urged by NGOs to stop the “illegal” beaching of a ferry containing asbestos and other toxic materials.
