U.S. cable installation contractor Caldwell Marine International (CMI) has placed an order with Royal IHC Offshore Energy for a subsea-tracked trenching vehicle, expected to support its future work in the U.S. offshore wind sector. The scope of the contract award includes the new Amphibious Hi-Traq
Wood Mackenzie points out that NOCs and IOCs are making progress at a different pace, as there are multiple roads to a sustainable world.
New report warns that restrictions on oil & gas vessels in the Gulf of Mexico will undermine U.S. energy security and hamper economic growth.
The Methanol Institute (MI), a global trade association for the methanol industry, has welcomed cruise shipping major Royal Caribbean Group as its newest member. Royal Caribbean operates a global fleet of 64 ships and is a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruise
Bumi Armada has received the American Bureau of Shipping’s approval in principle (AIP) for a new FLNG infrastructure solution.
ExxonMobil is in the process of acquiring Pioneer Natural Resources in an all-stock transaction, which will expand its U.S. footprint.
The Port of Galveston has secured a $1 million grant for a shore power pilot project in partnership with Texas A&M University at Galveston aimed at reducing emissions from cargo shipping operations. Funded by the Texas Commission on Environmental Quality (TCEQ), the pilot will include establishing a
U.S.-headquartered oil and gas exploration and production company Kosmos Energy has made a new oil discovery in the U.S. Gulf of Mexico.
After months of tense negotiations and legal disputes, Compagnie Maritime Belge (CMB) has announced a breakthrough agreement with Frontline and its affiliated company Famatown Finance Limited that paves the way for resolving the ongoing deadlock within Belgian tanker major Euronav. CMB, along with i
The development of molten salt reactor technology for maritime use has taken a huge step forward with the successful start of pumped-salt operations at a dedicated facility in the US. Specifically, Southern Company, TerraPower and CORE POWER have kick-started pumped-salt operations in the Integrated
Baker Hughes’ international rig count report shows a sharp drop in the number of offshore rigs in September 2023.
Gulf Island Fabrication has settled its lawsuit with Hornbeck Offshore regarding the construction of two multi-purpose supply vessels.
