North Korea has launched Jang Su San, a 12,000 dwt cargo vessel which is the first known merchant vessel launched by the country in five years.
South Korean classification society Korean Register (KR) awarded approval in principle (AIP) to two green ammonia-fueled ships at KR’s Seoul branch office on 15 December.
Shelf Drilling has secured long-term contract extensions with Chevron for two jack-up rigs for operations in the Gulf of Thailand.
Dutch shipbuilding group Damen Shipyards has handed over a new roll-on/roll-off passenger (RoPax) ferry to the Port Authority of Timor-Leste (APORTIL).
The year is not over yet for South Korean shipbuilder Samsung Heavy Industries (SHI) as it received an order for the construction of a liquified natural gas (LNG) carrier.
An analysis of oil and gas discoveries in 2021 by Rystad has revealed that discovered volumes are on track to hit lowest level in 75 years.
Malaysia’s Petronas has awarded 6 of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021.
Petronas and Posco have joined forces to collaborate on evaluating and exploring CCS potential in Malaysia.
Borr Drilling has secured more work for two of its jack-up rigs, which will see one of them return from the warm stack to operational mode.
U.S.-based project holding company Energy Capital Vietnam (ECV) said that B.Grimm Power and Siemens Energy have joined its consortium to develop an LNG-to-power project in Vietnam.
An unprecedented race for ocean space is on the horizon driven by the exponential growth of offshore wind power. It is expected that by 2050 offshore wind will overtake the oil and gas sector and receive the largest investments in the Blue Economy while the oil and gas industry will shrink to only 2
South Korean roll-on/roll-off (RoRo) shipping company Hyundai Glovis and Germany-based seaport and logistics service provider BLG Logistics have entered into a strategic partnership for automobile port handling in Bremerhaven.
