Velesto has won a new multi-well drilling assignment for one of its jack-up rigs off the coast of Vietnam, Southeast Asia.
The Vietnam National Industry – Energy Group (Petrovietnam) has held a meeting with Russia’s energy giant Gazprom to discuss energy cooperation between the two countries.
UK-based wind-assisted propulsion provider Anemoi Marine Technologies, Singapore-based tanker owner Hafnia, China-based shipbuilder Guangzhou Shipyard International (GSI), and Norwegian class society DNV have embarked on a collaboration to develop the integration design of rotor sails suitable for i
Investments in LNG dual-fuel vessels offer shipowners a shorter payback period than methanol, ammonia, or VLSFO, a new analysis from industry coalition SEA-LNG has found.
Canada-based oil and gas company Valeura Energy has taken a final investment decision (FID) on the development of its 100%-owned field offshore the Gulf of Thailand.
Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.
Netherlands-based subsea technology firm Seatools has secured a contract with CSBC-DEME Wind Engineering (CDWE) to supply a metrology and control system for the pre-piling template (PPT) at Taiwan’s Fengmiao 1 offshore wind project. According to Seatools, the wind farm will use jacket-type foundatio
South Korea’s government has revealed plans to build ‘the world’s largest’ liquefied hydrogen (LH2) carrier in an effort to develop a competitive advantage in this market segment and ensure the future of the Korean shipbuilding industry.
Houston-based oil and gas company Murphy Oil has found oil in the Cuu Long Basin offshore Vietnam.
Over 100 million full-time equivalent jobs are sustained by the global ocean economy, with tourism and Asia-Pacific leading the charge, data provided by the Organisation for Economic Co-operation and Development (OECD) shows.
The winds of change are still gathering speed as they blow across the global energy industry, but they have not managed to dislodge oil and natural gas from their top spots in the energy mix. These fossil fuels, alongside LNG, are still keeping their finger on the pulse of the worldwide energy secur
Bangladesh has kick-started the development of a national action plan (NAP) to slash greenhouse gas (GHG) emissions from shipping, marking a ‘key’ step toward aligning the country’s maritime industry with global environmental regulations. According to the International Maritime Organization (IMO), t
