10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • EU puts its foot down on Russian oil & gas imports with gradual phase-out

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

    The latest step taken to end the EU’s dependence on Russian fossil fuels is contained within its plans to gradually ban imports of oil, gas, and liquefied natural gas (LNG) from next year, with limited exceptions for existing short-term and long-term contracts. This legislation is described as a response to Russia’s systematic weaponisation of energy supplies.

  • New moves reinforce Sabah’s role as energy growth hub in Malaysian waters

    10 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Petronas Carigali, Malaysia’s state-owned oil and gas heavyweight Petronas, has taken steps to divest a partial stake to SMJ Energy (SMJE), a company wholly-owned by the Sabah state government, in a production sharing contract (PSC) for fields in shallow waters off the coast of Sabah, offshore of East Malaysia. Petronas and Sabah have also strengthened their collaboration with another PSC award.

  • TotalEnergies widens its oil & gas portfolio offshore Namibia with new license

    6 February 2026
    Business & Finance, Business Developments & Projects

    France’s energy giant TotalEnergies has taken steps to expand its footprint off the coast of Namibia with the acquisition of a new license.

  • Multimillion-dollar fine for EnQuest over 33 idle wells as UK cracks down on decom inactivity

    9 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Great Britain’s regulator, North Sea Transition Authority (NSTA), has hit London Stock Exchange-listed energy player EnQuest with a penalty over decommissioning failures related to 33 inactive wells.

  • Everllence, ABB, OceanWings join forces to engineer novel, optimized propulsion concepts

    1 October 2025
    Business Developments & Projects, Collaboration, Innovation, Technology, Vessels

    Germany-based engine maker Everllence (formerly known as MAN ES Solutions), Swiss technology company ABB and French designer and manufacturer OceanWings have shaken hands on a joint project that will aim to develop optimized and sustainable propulsion concepts. As disclosed, the three partners signed a memorandum of understanding (MoU) at a recent maritime event in Italy […]

  • Norway’s Buksér og Berging welcomes new hybrid tug

    30 September 2025
    Business Developments & Projects, Infrastructure, Vessels

    Norwegian maritime services provider Buksér og Berging has taken delivery of a new hybrid tugboat built by Türkiye’s Uzmar Shipyard.

  • Five scores in the fleet: Algoma welcomes new methanol-ready Kamsarmax

    29 September 2025
    Infrastructure, Vessels

    Canadian shipping company Algoma Central Corporation has taken delivery of Algoma Legacy, the first of three new methanol-ready Kamsarmax-sized ocean belt self-unloading vessels.

  • Proving radar-based wave and vessel motion prediction in real offshore conditions

    2 April 2026
    Business Developments & Projects, Equipment, Innovation, Research & Development, Technology

    Sea state measurement is not a new concept. From initial visual observations of the surface of the sea to the Beaufort scale devised in the 1800s, vessel owners – whether once conquerors of the seas or modern-day freight giants – have always sought data on conditions to ensure that operations at sea are safe and […]

  • ADNOC L&S joint venture adds new dual-fuel ethane carrier to the fleet

    14 October 2025
    Business Developments & Projects, Infrastructure, Vessels

    AW Shipping, a joint venture formed by UAE-based ADNOC L&S and China’s Wanhua Chemical, has taken delivery of the second very large ethane carrier (VLEC).

  • Union Maritime welcomes its first LNG and wind-powered LR2 tanker

    22 January 2026
    Business Developments & Projects, Transition, Vessels

    UK-headquartered shipping company Union Maritime has taken delivery of the first of two newbuild long-range (LR2) tankers equipped with liquefied natural gas (LNG) dual-fuel and wind-assisted propulsion solutions.

  • Worley among firms breathing life into $44 billion LNG project during early execution stage

    23 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has taken steps to move the first phase of its liquefied natural gas (LNG) export development in Alaska from development into early execution by announcing conditional awards for pipeline construction and line pipe supply, following a multi-round bid process that began with twenty participants. As a result, Australia’s engineering player Worley is selected to provide engineering, procurement, and construction management (EPCM) services.

  • Seatrium trims its fleet in $59.7 million non-core vessel divestment move

    3 November 2025
    Business & Finance, Business Developments & Projects, Vessels

    Singapore-based offshore, marine, and energy solutions provider Seatrium has raked in millions by shedding non-core assets to streamline its vessel portfolio with a platform supply vessel (PSV) sale.

  • Wheels up for Petrobras to become sole owner of Brazilian offshore fields

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

    Brazilian state-owned energy giant Petrobras has taken steps to consolidate its ownership in two assets in the Campos Basin by acquiring interests Petronas Petróleo Brasil Ltda. (PPBL), a subsidiary of Malaysia’s energy giant Petronas, holds in the field duo off the coast of Brazil.

  • Fugro fortifies Asian presence by setting up remote operations shop in Malaysia

    27 November 2025
    Business & Finance, Business Developments & Projects

    Dutch geo-data specialist Fugro has taken a step to expand its footprint in Southeast Asia with the launch of its new remote operations center (ROC) in Malaysia’s Kuala Lumpur, which is anticipated to enable the Netherlands-headquartered giant’s personnel to control offshore survey operations remotely.

  • Time slipping away to develop one of Norway’s largest untapped gas discoveries

    8 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    The Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has taken steps to carry out a study of one of the largest undeveloped gas discoveries on the Norwegian Continental Shelf (NCS) to speed up the process of attracting interest in its development while the infrastructure is still in place to do so.

  • Shell flows first gas from North Sea field

    1 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has kicked off production from a gas field in the North Sea, which is expected to help maintain domestically produced gas for Britain’s homes, businesses, and power generation.

  • $34M vessel duo positions Marco Polo for Asian oil & gas and wind opportunities

    24 September 2025
    Business Developments & Projects, Vessels

    Singapore’s Marco Polo Marine has added two new anchor handling tug supply (AHTS) vessels to its fleet.

  • US pushes to streamline permitting with new bill by fast-tracking LNG export approvals

    29 October 2025
    Authorities & Government, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    As the United States (U.S.) has set its cap on growing its liquefied natural gas (LNG) industry, multiple steps are being taken to shake off the regulatory shackles impeding the LNG export boom. The latest such move is encapsulated in a proposed bill aimed at accelerating the federal approval process for LNG exports.

  • ADNOC eyes coming aboard $50 billion LNG project with Eni and YPF in South America

    5 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Thanks to a deal with Italy’s energy giant Eni and Argentina’s oil and gas firm YPF, XRG, a subsidiary of the UAE-headquartered Abu Dhabi National Oil Company (ADNOC), has taken a non-binding step to join a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on the South American country’s Atlantic coast.

  • California regulator clears path for US firm to design and build zero-emission vessels

    24 September 2025
    Business Developments & Projects, Certification & Classification, Regulation & Policy, Vessels

    U.S.-based ship design and building company Ghostworks Marine has been given the go-ahead from the California Air Resources Board (CARB) to develop and manufacture zero-emission electric-powered vessels. As disclosed, with this certification under its belt, the company has been authorized to offer its electric vessels to both private enterprises and public transit agencies across the […]

  • HOPA Ports to breathe new life into Hamilton biodiesel plant

    25 September 2025
    Infrastructure, Ports & Logistics

    Hamilton-Oshawa Port Authority (HOPA Ports) has taken action to help ensure the preservation and continued operation of the biodiesel facility in Hamilton previously operated by compatriot renewable energy company Biox.

  • AtoB@C Shipping: Eighth plug-in hybrid newbuild delivered

    18 September 2025
    Infrastructure, Vessels

    AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has taken delivery of Ventumar, the eighth vessel in its pioneering series of twelve plug-in hybrid coasters.

  • ABS CEO: Nuclear power stands as shipping’s next great frontier

    26 September 2025
    Outlook & Strategy, Transition

    Nuclear power should be taken seriously as a credible and scalable solution for the maritime industry’s decarbonization drive, with the potential to ‘reshape’ the sector’s future energy mix, American Bureau of Shipping (ABS) Chairman and CEO Christopher J. Wiernicki has said. As Wiernicki highlighted at a recent maritime event held in Athens, Greece: “Nuclear energy […]

  • BP unlocking more US oil & gas with go-ahead for $5 billion Gulf of America project

    29 September 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    BP has decided to move forward with its second production platform in the Gulf of America (the U.S. Gulf of Mexico) in less than two years to augment its upstream business by making a final investment decision (FID) for one of the eight to ten major projects expected to start up globally between 2028 and 2030.

  • Equinor’s latest drilling quest in North Sea hydrocarbon hunt brings no black gold

    19 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian state-owned energy giant Equinor has finished drilling a wildcat well in the North Sea with one of COSL Drilling Europe’s semi-submersible rigs. This hydrocarbon exploration did not lead to a new oil and gas discovery off the coast of Norway.