10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • HD KSOE confirms $1.76B order for eco-friendly boxship octet

    10 June 2025
    Vessels

    HD Korea Shipbuilding & Offshore Engineering (HD KSOE), part of HD Hyundai, has landed a ‘massive’ KRW 2.4 trillion (approximately $1.76 billion) contract to build eight dual-fuel liquefied natural gas (LNG)-powered containerships for an undisclosed owner based in Asia. The 15,900 TEU vessels are reportedly due to join the fleet of Singapore-based Ocean Network Express […]

  • Equinor-chartered newbuild tanker duo to run cleaner with The Switch solutions

    17 June 2025
    Business Developments & Projects, Equipment, Technology, Vessels

    Finnish power electronics specialist The Switch, part of Japan’s BEMAC Corporation, is to supply two large DC power distribution systems and two propulsion packages for an oil/chemical tanker newbuild duo under construction in China. As disclosed, the vessels in question are a pair of 6,500 dwt stainless steel tankers that Zhoushan Dashenzhou Shipbuilding is constructing […]

  • MODEC’s first FPSO destined for Guyana reaches new construction stage

    15 July 2025
    Business Developments & Projects, Infrastructure, Project & Tenders

    Japan’s MODEC has celebrated the completion of a stage in the construction of a floating production storage and offloading (FPSO) unit to be deployed to ExxonMobil’s development offshore Guyana.

  • Potential development of oil discovery on the cards as appraisal ops in Norwegian waters end

    19 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    ConocoPhillips has confirmed a previously made oil discovery in the Norwegian Sea, with the drilling of its second appraisal well.

  • ADNOC Drilling expands its presence across Gulf Arab states with new acquisition

    5 November 2025
    Business & Finance, Business Developments & Projects

    ADNOC Drilling has widened its footprint in the Arab states of the Persian Gulf, thanks to a deal to obtain a majority stake in MB Petroleum Services (MBPS), a drilling and oilfield services (OFS) provider with operations in Oman, Kuwait, Saudi Arabia, and Bahrain.

  • Japan’s ‘top’ shipbuilder restructures: Imabari gains upper hand in JMU

    27 June 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Imabari Shipbuilding, considered to be one of the biggest shipbuilding players in Japan, has entered an agreement with compatriot JFE Steel Corporation and IHI Corporation to acquire a portion of the shares of Japan Marine United Corporation (JMU) previously owned by JFE and IHI. As disclosed, once approvals from relevant domestic and international authorities are […]

  • Van Oord’s final part of work at Canada’s oil project on the agenda for next quarter

    28 August 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    With three out of four phases already done, Van Oord, a Dutch marine contractor, is planning to embark on the last segment of its assignment in the fourth quarter of 2025 at a field off the coast of Newfoundland, Canada.

  • Damen signs contract with South Korea’s Starline for delivery of new fast ferry

    9 July 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Vessels

    Dutch shipbuilding major Damen Shipyards Group has signed a contract with South Korea’s Starline for the delivery of a new Damen Fast Ferry 4212.

  • Noble rig embarks on drilling gig at gas project in Philippines

    25 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    A drillship, owned by Noble Corporation, a U.S.-based offshore drilling player, has started its drilling campaign at a field off the coast of the Philippines in Southeast Asia.

  • $28 billion LNG export project breaks ground in Louisiana

    3 June 2025
    Business & Finance, Business Developments & Projects

    Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has kicked off site work at its proposed multibillion-dollar export project in Louisiana, United States. This is the firm’s third facility to be built in the last five years.

  • Value Maritime widens its net in Türkiye via new agreement

    12 June 2025
    Business Developments & Projects, Outlook & Strategy

    The Netherlands-based cleantech company Value Maritime (VM) has broadened its market reach in Türkiye, having inked a commercial representation agreement with technical services consultancy Bulutlu Marine. As disclosed, the two parties shook hands on this deal on June 5 during a maritime conference in Oslo, Norway. As the commercial agent, Bulutlu Marine will strive to […]

  • Union Maritime gears up for arrival of ‘world’s first’ newbuild tanker fitted with WAPS

    5 June 2025
    Business Developments & Projects, Collaboration, Equipment, Technology, Vessels

    The UK-based shipping player Union Maritime (UML) is all but ready to receive its future-proof long-range 2 (LR2) tanker, the first in a batch of fourteen, equipped with a wind-assisted propulsion solution (WAPS) developed by compatriot design and engineering firm BAR Technologies. As disclosed, the unit – christened Brands Hatch – was equipped with three […]

  • Name unveiled for Shell–Equinor JV set to dominate UK North Sea production

    27 June 2025
    Business Developments & Projects

    Two energy majors, the UK’s Shell and Norway’s Equinor, have revealed the name of their joint venture that is set to become the UK North Sea’s largest independent oil and gas producer.

  • Drilling starts to bring African field back to life after nearly 30 years

    6 August 2025
    Business Developments & Projects, Exploration & Production, Infrastructure

    Akrake Petroleum, a subsidiary of Singapore’s Rex International Holding, has spudded the first well in a field offshore Benin.

  • ABS sheds light on potential of floating nuclear-powered data centers

    3 June 2025
    Business Developments & Projects, Research & Development

    The US-based classification society American Bureau of Shipping (ABS) has, in partnership with naval architecture specialist Herbert Engineering Corp (HEC) published a study on floating nuclear-powered data centers, detailing design considerations for such centers supporting the rapid growth of artificial intelligence (AI), cloud computing and crypto currencies.

  • Egypt’s energy security gets a leg up with arrival of second FSRU

    26 May 2025
    Business Developments & Projects, Vessels

    Egypt has welcomed its second floating storage and regasification unit (FSRU), operated by U.S.-based energy infrastructure player New Fortress Energy.

  • Tenaz gains access to ‘highly prospective’ North Sea gas assets in $244M deal

    6 October 2025
    Business & Finance, Business Developments & Projects

    Canada’s public energy company Tenaz Energy has acquired a private company holding interests in an offshore development on the border between the Dutch and German sectors of the North Sea.

  • Eco Wave Power switches on first US wave energy pilot at LA Port

    9 September 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Ports & Logistics, Project & Tenders, Vision

    Wave energy developer Eco Wave Power has inaugurated the first U.S. onshore wave energy pilot station at the Port of Los Angeles, marking the operational debut of its technology in the country. According to Eco Wave Power, seven blue steel floats, installed at AltaSea’s ocean institute on a section of breakwater once used for oil […]

  • Satellite down for the count but fight against methane in oil & gas realm will go on

    4 July 2025
    Business & Finance, Business Developments & Projects, Environment, Transition

    MethaneSAT has lost contact with a satellite developed to shed light on methane emissions that other tools cannot detect, with a focus on oil and gas operators as the largest industrial source of the methane menace.  

  • Golar LNG entrusts Seatrium with FLNG upgrade ahead of 20-year job in Argentina

    27 August 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Golar LNG has put Seatrium in charge of refurbishing its floating liquefied natural gas (FLNG) unit before it embarks on its multi-year assignment at Argentina’s LNG project on the South American country’s Atlantic coast.

  • Fresh Barents Sea oil find offers tie-in opportunity for Equinor

    30 June 2025
    Business Developments & Projects, Exploration & Production, Project & Tenders

    Norwegian state-owned energy giant Equinor has made an oil discovery in the proximity of a field it operates in the Barents Sea using a rig owned by Switzerland-based offshore drilling contractor Transocean.

  • New BIMCO clause to target legal uncertainty from US tariffs on China-linked vessels

    6 June 2025
    Regulation & Policy, Rules & Regulation, Vessels

    Denmark-headquartered shipping association BIMCO has kick-started the development of a standard industry clause that would tackle the contractual uncertainties brought on by the United States Trade Representative’s (USTR) Notice of Actions to impose tariffs on Chinese-related vessels calling US ports. As a response to the Section 301 investigation of China’s targeting of the maritime, logistics, and […]

  • New oil & gas discovery seen as European country’s ‘largest conventional hydrocarbon field’

    22 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Keeping the remaining potential for exploration and recovery in mind, a fresh oil and gas discovery, which was drilled with a Noble Corporation-owned rig in the Baltic Sea, has aided the operator of the Wolin license block off the coast of Poland to infer that this find is one of the largest conventional oil discoveries in Europe in the past decade.

  • Offshore solar farm ready for tow out to Hollandse Kust Noord wind farm

    27 June 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Vision

    What is described as the “world’s first” offshore solar farm integrated within a wind farm has completed assembly at the Port of Amsterdam and is ready for deployment at the Hollandse Kust Noord (HKN) offshore wind farm in the North Sea. Dutch company Oceans of Energy assembled the floating solar farm in three days. The […]

  • WATCH: Another milestone crossed off Congolese FLNG project’s pre-startup list

    21 May 2025
    Business Developments & Projects, Project & Tenders

    France’s marine contractor GEOCEAN has completed another step required to put in place a mooring system for a floating liquefied natural gas (FLNG) unit off the coast of Congo, Africa.