10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Third world record for Nexans as it installs 420 kV subsea cable 530 meters under water

    8 April 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    France’s Nexans has completed a deep-fjord 420 kV subsea cable project for Norway’s transmission system operator (TSO) Statnett, set to strengthen the regional transmission grid serving Bergen and nearby industrial areas. Nexans secured the project in 2022 for the engineering, manufacturing and installation of two high-voltage 420 kV HVAC subsea cables, each incorporating fiber-optic elements […]

  • African gas project ticks FID off the list as Subsea7 scores multimillion-dollar deal

    1 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    U.S.-headquartered energy giant Chevron has taken a final investment decision (FID) for a gas monetization project off the coast of Equatorial Guinea. Noble Energy EG, a Chevron company, has tasked Luxembourg-domiciled Subsea7 with the subsea installation scope for this project.

  • Three vessels to go as AtoB@C Shipping takes delivery of ninth plug-in hybrid newbuild

    19 December 2025
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Vessels

    AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has taken delivery of the ninth vessel out of twelve plug-in hybrid coasters it has on order with shipbuilder Chowgule & Company. The vessel, which belongs to the Green Coaster series, has been named Fleximar and was delivered on December 18. “Fleximar and the […]

  • Australia’s energy backbone: Oil & gas firms set to boost tax revenue with $21.9 billion

    3 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    While emphasizing that oil and gas companies are among Australia’s largest corporate taxpayers, Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has highlighted that the hydrocarbon industry will drive additions to taxes and royalties by pouring $21.9 billion.

  • $4 billion LNG lawsuit going ahead as arbitration starts

    23 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has decided to move forward with a lawsuit related to Panama’s liquefied natural gas (LNG)-to-power market by submitting an arbitration request under the International Centre for Settlement of Investment Disputes (ICSID) Convention against the Republic of Panama in connection with the cancellation of a license for a major gas-fired power generation project.

  • Maersk enriches fleet with another methanol-powered vessel

    3 February 2026
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Project & Tenders, Transition, Vessels

    Danish shipping and logistics titan A.P. Moller – Maersk has taken delivery of the first in a new series of six dual-fuel mid-size container vessels being constructed at a Chinese shipyard. The Tangier Mærsk was delivered from Yangzijiang Shipbuilding Group’s yard in Jingjiang, China, three months ahead of schedule as part of an order placed […]

  • Subsea7 lands multimillion-dollar decom gig in UK waters

    1 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Luxembourg-domiciled Subsea7 has been hired on an off-station decommissioning services assignment on the UK Continental Shelf (UKCS).

  • Stena Line takes over world’s northernmost shipping company

    5 November 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy

    In a bid to strengthen its position in the Baltic Sea, Swedish ferry company Stena Line has acquired Wasaline.

  • AD Ports and Nimex break ground on LPG terminal hub at Khalifa Port

    26 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Transition

    UAE-based terminal operator AD Ports Group and Nimex Terminals, an affiliate of the global trading organization Nimex Petroleum Group, have broken ground on what is said to be the UAE’s first private-sector liquified petroleum gas (LPG) terminal hub, located at Khalifa Port. The LPG terminal hub, announced in November 2025 together with the plan to […]

  • Velesto disposes of its workover business to Enviros

    30 December 2025
    Business & Finance, Business Developments & Projects

    Velesto Malaysian Ventures, a wholly-owned subsidiary of Malaysia’s Velesto Energy, owner of six premium jack-up rigs and two hydraulic work-over units, has taken steps to offload its stake in Velesto Workover Sdn Bhd (VWSB).

  • Norwegian shipowner offloads another 2016-built vessel

    12 March 2026
    Business & Finance, Business Developments & Projects

    Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has taken steps to divest one of its platform supply vessels (PSVs).

  • Fourth and final dual-fuel methanol tanker delivered to Hafnia, set to work for TotalEnergies

    29 January 2026
    Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Singapore-based tanker owner Hafnia and its joint venture partner, French shipowner Socatra, have taken delivery of their fourth and final dual-fuel methanol medium-range (MR) tanker constructed in China. The latest addition to Hafnia and Socatra’s IMO II MR fleet, Ecomar Gironde, is part of the joint venture’s four-vessel order from August 2023. Like its sister vessels, the […]

  • Shell rubber-stamps project to boost oil production from its Gulf of America asset

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell Offshore, a subsidiary of the UK-headquartered energy giant Shell, has taken a final investment decision (FID) on a waterflood project at its field in the U.S. Gulf of America (Gulf of Mexico).

  • Northern Lights’ fleet expansion quest bringing to life four new CO2 vessels

    29 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Vessels

    Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has taken steps to enrich its fleet with four more carbon dioxide (CO2) vessels through charter deals with Mitsui O.S.K. Lines (MOL) and a consortium between Kawasaki Kisen Kaisha (K Line) and MISC.  

  • UK-Slovenian partnership targets seabed data

    26 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders

    UK-headquartered Ocean Geophysics and Slovenia-based HighTide have entered into a joint venture (JV) agreement to combine their seabed and data solutions for offshore wind, cable and pipeline installation, and oil & gas. As part of the partnership, the renewable energy industry suppliers will combine Ocean Geophysics’ large-scale geophysical processing and interpretation with HighTide’s specialist expertise […]

  • US-South Korean partnership seeks to ‘streamline’ smart vessel technologies

    7 November 2025
    Business Developments & Projects, Certification & Classification, Collaboration, Vessels

    Classification society American Bureau of Shipping (ABS) and the Korean Agency for Technology and Standards (KATS) have inked an agreement to explore the international standardization of smart vessel and shipyard technologies. Under the terms of the memorandum of understanding (MoU) that the two partners signed, ABS and KATS will specifically focus on shipbuilding and vessel […]

  • Aker BP picks up clearance for oil & gas drilling ops with Noble rig

    5 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Norwegian authorities have given the go-ahead for production drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a rig owned by Noble Corporation, a U.S.-headquartered energy giant.

  • CMA CGM’s fleet grows to 400 owned vessels as first of six methanol container ships comes in

    22 January 2026
    Business & Finance, Business Developments & Projects, Vessels

    French shipping and logistics giant CMA CGM Group has welcomed the arrival of the first in a series of six 15,000-TEU methanol container ships, expanding its arsenal with the 400th owned vessel within a fleet of over 650 vessels worldwide, as part of its decarbonization strategy.

  • Middle East conflict halts more offshore drilling ops as another rig owner confirms temporary suspensions

    26 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Arabian Drilling, said to be Saudi Arabia’s largest onshore and offshore drilling company by fleet size, has revealed temporary suspensions for some offshore rigs in the Arabian Gulf, as its land fleet remains unaffected by the ongoing conflict in the Middle East.

  • Indian yard clinched by Norwegian player to build six fit-for-future chemical tankers

    11 November 2025
    Business Developments & Projects, Vessels

    Indian shipbuilder Swan Defence and Heavy Industries Limited (SDHI) has shaken hands with Norway-based shipping company Rederiet Stenersen for the construction of six future-proof 18,000 dwt chemical tankers. As divulged by SDHI on November 10, the two parties signed a letter of intent (LoI) for the building of the IMO Type II hybrid tankers under […]

  • Trump’s EPA rolls back Biden‑era oil & gas rules, slashes $2.5 billion in costs

    7 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    The Trump administration’s U.S. Environmental Protection Agency (EPA) has estimated that it will enable $2.5 billion in compliance savings over 15 years by cutting the red tape and revising the Biden-Harris administration’s oil and natural gas regulations to curb gasoline and energy costs.

  • Kongsberg Discovery and MacArtney enhancing defense, energy, and ocean science underwater menu

    1 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Technology

    Kongsberg Discovery, part of Norway’s Kongsberg Gruppen, has taken a step to combine its offering with MacArtney Underwater Technology to create a new level of turnkey capability in towed underwater sensing solutions for defense, energy, and ocean science spheres.

  • North Sea oil & gas portfolio recalibration in progress with another asset swap deal

    18 November 2025
    Business & Finance, Business Developments & Projects

    Norwegian oil and gas player DNO has struck a new asset exchange deal to high-grade its North Sea portfolio. The latest move will enable it to swap assets with Orlen Upstream Norway, a subsidiary of Poland’s Orlen. The all-cash transactions are conditional on customary government approvals.

  • Technip Energies, JGC and SHI chosen to progress Mozambique’s second FLNG project

    24 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    A partnership of Technip Energies, JGC and Samsung Heavy Industries (SHI) has secured a contract with Mozambique Rovuma Venture (MRV), an Eni-participated joint venture (JV), to progress work on Mozambique’s second floating liquefied natural gas (FLNG) facility. The contract, defined as significant, adds to the previously announced one for early works and expands Technip Energies’ scope […]

  • Stage being set for multi-well stimulation at offshore platform in California

    17 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Operations & Maintenance, Regulation & Policy

    The U.S. Bureau of Ocean Energy Management (BOEM) has taken a step to lay the groundwork for the proposed offshore well stimulation work at a platform off the coast of California.