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  • Tsuneishi Shipbuilding arm splashes ‘world’s first’ methanol dual-fuel Kamsarmax bulker

    22 July 2025
    Vessels

    Tsuneishi Heavy Industries (THI), a Philippines-headquartered manufacturing base of Japan’s shipbuilding major Tsuneishi Shipbuilding, has launched what it claims is “the world’s first” methanol dual-fuel Kamsarmax bulk carrier. The vessel, which hit the water on July 17 at the Slipway No. 2 at THI, is due to embark on its maiden voyage sometime in January […]

  • Asset trio stake sale to Inpex fueling Pandion’s growth ambitions

    22 July 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Norway’s oil and gas company Pandion Energy has signed an agreement to sell its stakes in three assets offshore Norway to Inpex Idemitsu Norge, a subsidiary of Japan’s Inpex.

  • As $53 billion Chevron-Hess merger crosses the finish line, oil & gas assets’ fusion comes next

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

    Chevron has cleared all the hurdles in its path to bring Hess Corporation, a fellow oil and gas player, into its fold. As a result, the companies are taking steps to blend their operations, enabling Chevron to expand its oil and gas arsenal, with four regions pinpointed as the ones where this merger will have the strongest impact.

  • Serica Energy brings UK firm with North Sea oil & gas assets into its fold

    22 July 2025
    Business & Finance, Business Developments & Projects

    UK-based upstream oil and gas player Serica Energy has wrapped up the acquisition of a compatriot player, Parkmead (E&P) Limited (PUK), from Parkmead Group, expanding its North Sea portfolio with two additional licenses on the UK Continental Shelf (UKCS).

  • Nereida Energy Holding completes management buyout of Norwegian Yinson Green Technologies

    3 September 2025
    Business & Finance, Business Developments & Projects

    Nereida Energy Holding has completed the management buyout of Singapore-based green technologies solution provider Yinson Green Technologies from the Yinson Group.

  • NextDecade adds EQT to lineup of long-term LNG offtakers from its $6.7B Texas project

    4 September 2025
    Business Developments & Projects, Project & Tenders

    Houston-headquartered energy player NextDecade Corporation has executed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Pittsburgh-based EQT Corporation for offtake from its project at the Port of Brownsville, Texas.

  • K Line: Automated kite system development enters next phase

    4 September 2025
    Business Developments & Projects, Infrastructure, Innovation, Vessels

    Japanese shipping company Kawasaki Kisen Kaisha (K Line) has revealed that land tests verifying the performance of “Seawing” automated kite system utilizing wind power have been successful, paving the way for offshore demonstration tests in the near future.

  • Equinor renews Wood’s contract for UK oilfield support services

    2 September 2025
    Business Developments & Projects, Project & Tenders

    UK engineering and consulting company Wood has secured a contract extension to provide operations, maintenance, modifications, and support services (OMMS) on the assets located on the UK Continental Shelf (UKCS) operated by the Norwegian state-owned energy giant Equinor.

  • Port of Hamburg marks new multi-purpose terminal digitalization milestone

    22 August 2025
    Business Developments & Projects, Collaboration, IT & Software, Ports & Logistics, Research & Development, Technology

    UNIKAI, an arm of German logistics company Hamburger Hafen und Logistik AG (HHLA), and comptriot software developer AKQUINET have wrapped up the AKIDU research project, reaching a ‘new milestone’ in the digitalization of the Port of Hamburg’s O’Swaldkai multi-purpose terminal. As disclosed, the AKIDU project, which stands for automated, AI-integrated dispatching for universal terminals, was […]

  • Digitalization at work: Axpo targets ‘streamlined’ LNG deliveries in the Mediterranean

    1 September 2025
    Business Developments & Projects, Collaboration, IT & Software

    Switzerland-based renewable energy producer Axpo has joined the FuelBoss platform, a fully digitalized end-to-end bunkering solution created by Ofiniti, a spinoff of Norway’s classification society DNV, which aims to boost process integrity, data transparency and operational efficiency. According to Ofiniti’s social media post, Axpo Group joined the platform, which was initially launched in 2021, at […]

  • SHI once again selects Wärtsilä technology for dual-fuel VLEC quintet

    2 September 2025
    Business Developments & Projects, Collaboration, Equipment, Technology, Vessels

    Wärtsilä Gas Solutions, an arm of Finland-based technology group Wärtsilä, has been commissioned by South Korea’s giant Samsung Heavy Industries (SHI) to provide its cargo-handling and fuel gas supply system for five dual-fuel very large ethane gas carriers (VLECs). As disclosed, the vessels in question are currently under construction at Samsung Heavy Industries’ yard for […]

  • Drilling partner search begins for Pilot Energy’s Perth Basin prospect

    23 July 2025
    Business Developments & Projects, Project & Tenders

    Australia’s Pilot Energy has started a formal farmout process to find exploration joint venture partners for its license in the North Perth Basin offshore Western Australia. 

  • Multi-train LNG project on Texas Gulf Coast embarks on carbon capture FEED study

    20 August 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Transition

    Coastal Bend LNG, a privately held energy infrastructure development company, has launched a front-end engineering and design (FEED) study with Solvanic for electrochemically mediated amine regeneration (EMAR) carbon capture at its planned liquefied natural gas (LNG) project along the Texas Gulf Coast.

  • After Subsea7, DOF’s large subsea construction vessel on charter with Petrobras

    21 August 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    A flexible, large subsea construction vessel owned by Norwegian DOF Group has been contracted on a four-year term charter with Brazil’s oil & gas company Petrobras. Under the contract valued at approximately $165 million, Skandi Salvador will operate with two work-class remotely operated vehicles (ROVs) and a subsea crane, with delivery expected in December. The […]

  • Leonardo da Vinci continues installing cables at first UK-Germany energy link

    18 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Prysmian’s Leonardo da Vinci, said to be the world’s largest cable laying vessel (CLV), has begun the second phase of cable laying in UK waters for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany. Prysmian completed the first phase of cabling works in UK waters in […]

  • North Sea oil & gas pair comes up on CHC’s flight radar with multi-year chopper deal

    18 July 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Equinor has hired CHC Helicopter, a Texas-based helicopter services provider, on a long-term assignment at two oil and gas projects in the UK sector of the North Sea.

  • HD Hyundai Heavy Industries’ floating production unit to sport Liebherr-manufactured cranes

    3 September 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    The Liebherr Group’s Liebherr-Rostock GmbH, a European manufacturer of maritime handling solutions, has confirmed that two offshore cranes will be installed on a floating production unit (FPU) being built by HD Hyundai Heavy Industries, a South Korean shipyard.

  • IHI, Vopak to jointly develop, operate ammonia terminal in Japan

    11 July 2025
    Collaboration, Market Outlooks, Outlook & Strategy, Vision

    Japanese engineering corporation IHI Corporation (IHI) and Dutch tank storage company Royal Vopak (Vopak) have signed a joint development agreement under which they plan to establish a new joint venture for the development and operation of an ammonia terminal in Japan.

  • Saipem wraps up rig-to-FPU conversion for Eni offshore Congo

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

    Italy’s engineering, drilling, and construction services giant Saipem has completed the conversion of a semi-submersible drilling unit into a floating production unit (FPU) to be deployed at compatriot Eni’s project offshore Congo.

  • Full steam ahead for South African maritime decarbonization

    21 July 2025
    Authorities & Government, Outlook & Strategy, Regulation & Policy, Transition

    South Africa is determined to decarbonize its maritime industry and has outlined plans to implement key International Maritime Organization (IMO) regulations on shipping emissions and establish a national task force and action plan to drive the effort.

  • WATCH: SBM Offshore’s fifth Guyana-bound FPSO enters drydock

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

    SBM Offshore has tucked a new construction milestone under its belt for a floating production, storage, and offloading (FPSO) unit destined for a sixth deepwater oil development project, operated by ExxonMobil Guyana, a subsidiary of the U.S. energy giant ExxonMobil, at the Stabroek block off the coast of Guyana.

  • Shipbuilding market shakeup: South Korea’s HD Hyundai Heavy Industries and HD Hyundai Mipo to merge

    28 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    South Korean shipbuilding companies HD Hyundai Heavy Industries (HHI) and HD Hyundai Mipo (HMD) have revealed plans to merge into a single entity.

  • Yinson Production FPSO’s new milestone boosts gas export capacity

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

    Malaysia’s Yinson Production has tucked a new achievement under its belt for a floating production, storage, and offloading (FPSO) vessel deployed at a gas project off the coast of Ghana.

  • UK’s fourth subsea electricity superhighway to sport Siemens Energy converter stations

    17 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Siemens Energy has been appointed as the preferred bidder for the delivery of two high-voltage direct current (HVDC) converter stations for the fourth out of five subsea electricity superhighways between Scotland and England. This news for the Eastern Green Link 4 (EGL4) project comes as National Grid and SP Energy Networks signed a joint venture […]

  • 2012-built rig at designated spot: Petrobras sets the stage to secure go-ahead for drilling ops

    19 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy

    Following the arrival of a drillship at its drill site, Brazil’s state-owned oil and gas giant Petrobras is getting ready to embark on the pre-operational assessment, as the final stage of the licensing process for drilling a deepwater well in Amapá.