5371 results found for 'prosafe'

5371 results found for 'prosafe'
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  • New joint venture focused on mid-sized LPG tankers comes to market

    2 June 2025
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    Abu Dhabi-based Al Seer Marine, a subsidiary of International Holding Company (IHC), and B International Shipping & Logistics, an affiliate of energy trader BGN, have launched a new joint venture (JV) that will own and operate mid-sized LPG and product tankers.

  • Trio lands $5B contracts to support ADNOC’s gas output expansion

    11 June 2025
    Business Developments & Projects, Project & Tenders

    ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has taken a final investment decision (FID) for the first phase of its project aiming to optimize existing gas assets while unlocking new gas streams. As part of this, the UAE giant has handed out engineering, procurement, and construction management (EPCM) contracts to the UK-based Wood and Petrofac and Dubai’s Kent.

  • New operator takes up the baton at South Africa’s Orange Basin block

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

    Eco (Atlantic) Oil & Gas has expanded its portfolio with a stake in an asset that enables it to assume the operator role at an exploration block in the Orange Basin off the coast of South Africa.

  • Two years after iEPCI contract win, TechnipFMC done with work at Shell’s deepwater oil project

    27 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    TechnipFMC has completed its integrated engineering, procurement, construction, and installation (iEPCI) scope at Shell’s Dover deepwater project in the Gulf of America, formerly known as the U.S. Gulf of Mexico, some two years after receiving the contract. Under the contract secured in May 2023, at the time defined as “significant”, TechnipFMC was in charge of supplying […]

  • Sweden moves to widen dragnet on Russia’s shadow fleet

    2 June 2025
    Authorities & Government, Environment, Regulation & Policy, Rules & Regulation, Safety, Vessels

    The Swedish government has decided to draw the net tighter around vessels sailing under international flags as part of its action targeting Russia’s so-called ‘shadow fleet’. As disclosed, the measures, set to enter force from July 1, 2025, tighten control of foreign ships by requiring them to provide insurance information as a way to counter […]

  • CMB.TECH, Golden Ocean merger edges closer to the finish line

    29 May 2025
    Business & Finance, Business Developments & Projects

    Belgian shipowner CMB.TECH and dry bulk shipping company Golden Ocean Group (GOGL) have signed an agreement and plan for a stock-for-stock merger. As disclosed, the transaction, which has been greenlit by Golden Ocean’s Board of Directors and CMB.TECH’s Supervisory Board, will see the former merge with and into CMB.TECH Bermuda, a wholly-owned subsidiary of the […]

  • BP and EOG’s new offshore platform achieves first gas: Drilling ops coming next

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

    EOG Resources Trinidad (EOG) and BP Trinidad and Tobago (bpTT), a subsidiary of the UK-based energy giant BP, are getting ready to embark on a multi-well drilling campaign after bringing online a new platform off the coast of Trinidad and Tobago.

  • Wärtsilä equipment selected for 88,000 cbm VLAC duo at Hanwha Ocean

    21 May 2025
    Business Developments & Projects, Equipment, Green Marine, Infrastructure, Vessels

    Wärtsilä Gas Solutions, part of the Finnish technology group Wärtsilä, has received an order to supply the cargo handling systems for two very large ammonia carriers (VLACs) under construction at Hanwa Ocean shipyard in South Korea.

  • EMSA to assist EU in implementing maritime decarbonization measures

    21 May 2025
    Authorities & Government, Regulation & Policy

    The European Council and the European Parliament have reached a provisional political agreement aiming at aligning “more accurately” the mandate of the European Maritime Safety Agency (EMSA).

  • South Korea revises electric vessel code as part of green maritime push

    30 May 2025
    Authorities & Government, Rules & Regulation, Vessels

    South Korea’s Ministry of Oceans and Fisheries (MOF) has revised the standards for electric vessels in order to facilitate further construction and adoption of units fitted with various electric propulsion solutions. According to the Ministry, there are currently around 50 electric-powered units, including hybrid vessels, in operation in South Korea. The deployment of the ships […]

  • AM Green, Port of Rotterdam eye green energy supply chain between India and Europe

    26 May 2025
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics, Research & Development

    India’s green hydrogen and ammonia producer AM Green and the Dutch Port of Rotterdam Authority have signed a memorandum of understanding (MoU) to explore the establishment of a green energy supply chain between India and Northwestern Europe.

  • Another LNG carrier for QatarEnergy’s expanding fleet starts coming together in Korea

    23 May 2025
    Business Developments & Projects, Infrastructure, Project & Tenders, Vessels

    China Merchants Energy Shipping (CMES) has started the construction of a liquefied natural gas (LNG) carrier that will be part of QatarEnergy’s growing fleet at Samsung Heavy Industries’ shipyard in South Korea.

  • 3D reprocessing paving the way for first oil from fields offshore Timor-Leste

    28 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    With the results of a 3D reprocessing project for PSC 19-11 in hand, Perth-based oil and gas exploration player Finder Energy has embarked on the interpretation of the data, focusing on updating mapping of undeveloped oil fields in the Timor Sea off the southeast coast of Timor-Leste to finalize placement of development wells in a bid to optimize production.

  • Mexico setting the course for green shipping

    29 May 2025
    Authorities & Government, Regulation & Policy

    The development of Mexico’s National Action Plan (NAP) for maritime decarbonization is officially underway, setting the course for a greener and more resilient shipping future, the International Maritime Organization (IMO) said.

  • Go-ahead for life extension of Woodside’s huge offshore gas project to 2070

    28 May 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy

    Australian energy giant Woodside Energy has welcomed the federal government’s proposed decision to grant environmental approval for the extension of its mega gas project off the coast of Australia. This prolongs the project’s lifetime from 2030 to 2070.

  • Prosafe gives 1984-built vessel marching orders for recycling after six-year cold layup

    25 March 2025
    Business & Finance, Business Developments & Projects, Vessels

    Prosafe is parting ways with a 41-year-old anchor-moored semi-submersible tender support and accommodation vessel, which will leave its fleet later this year to go on a recycling mission.

  • Oil resource uplift comes to light in Namibian offshore basin’s ‘sweet spot’

    20 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    GEO Exploration has revealed an uptick in unrisked prospective resources within its petroleum exploration license (PEL) 94 in the Walvis Basin, off the coast of Namibia.

  • Busy times ahead for Prosafe with one vessel ongoing reactivation as another preps for relocation

    24 March 2025
    Business & Finance, Business Developments & Projects, Vessels

    Prosafe has shed more light on the recent activities of its fleet, confirming the sale of one vessel, the start of reactivation operations for another, and preparations for the move to Australia for the third while the rest of its ships keep working on their current assignments and one continues to be laid up.

  • Petronas and SK Earthon bolster Indonesian presence with oil block wins

    22 May 2025
    Business Developments & Projects, Project & Tenders

    South Korea’s SK Earthon, the energy exploration and production (E&P) subsidiary of SK Innovation, Malaysia’s state-owned energy giant Petronas, and partners have signed production-sharing contracts (PSCs) with Indonesia’s oil and gas regulatory body, SKK Migas, for two exploration blocks in Indonesian waters. The Serpang and Binaiya blocks were secured through a competitive bidding process in […]

  • Methanol-fueled CMA CGM Argon joins French liner’s expanding 13,000 TEU fleet

    19 May 2025
    Vessels

    French shipping heavyweight CMA CGM has taken delivery of the future-proof CMA CGM Argon, the following unit in a 13,000 TEU container vessel series the company booked at South Korean shipbuilding major HD Hyundai. As disclosed, the Malta-flagged newbuilding, which was constructed by HD Hyundai Samho, was handed over to its owner on May 15 […]

  • MAN ES’ dual-fuel, methanol-ready GenSet passes type approval test

    19 May 2025
    Business Developments & Projects, Certification & Classification, Green Marine, Regulation & Policy

    MAN Energy Solutions (MAN ES) has passed the type approval test (TAT) of its MAN L35/44DF engine for use as an auxiliary GenSet and for electric propulsion, operating at constant speeds of 720 and 750 rpm, respectively.

  • California’s first of three offshore platforms back in oil production business after 10 years

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

    Sable Offshore, a Texas-based oil company, has restarted oil output from a platform off the coast of California, where production has been offline for a decade.

  • BW Offshore’s arbitration saga with Brazilian firm ends in settlement

    3 April 2025
    Authorities & Government, Business Developments & Projects, Regulation & Policy

    Norwegian FPSO operator BW Offshore has reached an arbitration settlement with Prio Comercializadora, previously known as Petro Rio O&G Exploração e Produção de Petróleo, concerning a floating production, storage, and offloading (FPSO) vessel.

  • Baleària’s future-proof fast ferry caps off docking tests

    24 April 2025
    Ports & Logistics, Vessels

    Spanish ferry operator Baleària has wrapped up the first docking tests of the fit-for-future fast ferry Avemar Dos in the Port of Tarifa. Avemar Dos, an 82-meter-long catamaran that can board up to 900 passengers, was reportedly retrofitted to keep up with the maritime industry’s increasing sustainability-oriented efforts, as well as regulations. The vessel is […]

  • ECSA: EU maritime strategy must bridge innovation gap, not build barriers

    19 May 2025
    Authorities & Government, Environment, Transition

    ECSA European Shipowners has received with open arms the adoption of the Szczecin Declaration on the EU Industrial Maritime Strategy, hailing it as a “strong and clear” signal that protectionism has no right to a seat at the maritime table. At a time of increasing protectionism across the globe, ECSA believes that the declaration underscores […]