Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.
Classification society DNV has signed a memorandum of understanding (MoU) with Taiwan’s Metal Industries Research & Development Centre (MIRDC) to collaborate on renewable energy technologies, including floating solar, among others. The MoU solidifies a three-year partnership aimed at enhancing Taiwa
Taiwan’s Sun Rise E&T, a manufacturer of floating solar systems, is gearing up to install the first offshore floating solar system next year off the coast of Pingtung, marking a step in local renewable energy expansion. With this new project, the company said it reinforces its position in the renewa
France’s technological containment specialist Gaztransport & Technigaz (GTT) has received respective orders from Korean and Chinese shipyards for tank designs for a total of four new liquefied natural gas (LNG) carriers. In the third quarter of this year, GTT secured an order from its partner Korean
Swiss compression specialist Burckhardt Compression has received an order to deliver liquefied natural gas (LNG) boil-off-gas handling compressors for eight LNG carriers built by South Korea’s shipbuilder Hanwha Ocean.
Myclin Express Offshore (MEO Group) and South Korea’s Taihan Cable & Solution have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects. Together, MEO Group and Taihan plan to foster collaboration on offshore wind projects, especially in South Korea, with the deploymen
TotalEnergies is continuing to push forward its multi-energy strategy as it works on balancing the transition to low-carbon and green sources of supply and the attempts to fortify energy security scales.
A new project, aimed at enhancing safety and environmental responsibility in the ship recycling industry, while upholding global labor rights standards, has been launched in Pakistan.
Germany’s Hamburg Port Authority (HPA) has signed a joint declaration of intent with the South Korean Busan Port Authority (BPA) and Ulsan Port Authority (UPA) to collaborate on the decarbonization of maritime transport in the future.
Excelerate Energy has joined forces with PetroVietnam Technical Services Corporation (PTSC), a subsidiary of Vietnam Oil and Gas Group (PetroVietnam), to explore FSRU-based technical solutions for LNG imports into Vietnam.
Repsol Exploración México, an affiliate of Spain’s energy giant Repsol, has inked a sale and purchase agreement (SPA) with the Mexican subsidiary of Thailand’s national oil and gas company PTT Exploration and Production (PTTEP), Mexico PTT Exploration and Production, to buy the latter’s portion in a
The September 7 explosion on the oil tanker MT Suvarna Swarajya in Bangladesh—which claimed the lives of six people with four still in critical condition—has brought to light the lack of adequate international and national regulations, oversight and labor rights protections in the shipbreaking indus
