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  • 25 January 2021
    Business & Finance, Collaboration, Transition, Vessels

    MSC Shipmanagement Limited of Cyprus, a wholly-owned subsidiary of Mediterranean Shipping Company, has signed a Joint Development Agreement with Quadrise to trial MSAR, an enhanced emulsified synthetic heavy fuel oil (HFO), on commercial container vessels. The trial is set to commence in 2021 with subsequent commercial rollout upon success.  According to Quadrise, Multiphase Superfine Atomised Residue […]

  • 25 January 2021
    Business developments & projects, Ports & Logistics

    The Panama Canal has signed memoranda of understanding (MoUs) with Panama Ports Company (PPC) and PSA Panama International Terminal to help optimize supply routes for the distribution of the COVID-19 vaccine and supplies to Latin America.

  • 22 January 2021
    Business developments & projects, Exploration & Production, Project & Tenders

    KenzFigee has secured a five-year deal to provide its TotalCare Lifting Services for Dana Petroleum’s operations in the UK.

  • 22 January 2021
    Business developments & projects, Operations & Maintenance

    The Finnish technology group Wärtsilä has signed a five-year extension to its Optimised Maintenance agreement with Golar Management.

  • 22 January 2021
    Business & Finance, Business developments & projects

    Mammoet is opening a new office in Taichung, Taiwan, to be closer to project sites and to offer onshore services for offshore wind farms locally. In particular, Mammoet will provide engineering, heavy lifting and transportation solutions, including marshaling, ballasting, weighing, load-in and load-out transportation services. Besides the new office, which is located next to a […]

  • 22 January 2021
    Business & Finance, Collaboration, Exploration & Production, Operations & Maintenance

    Spirit Energy has extended agreements with Subsea 7, TechnipFMC and DNV GL for future developments offshore Norway. The new 5-year deals are a continuation of supplier collaboration that started in 2015, and which has contributed to Spirit Energy delivering its first development on the Norwegian Shelf six months ahead of schedule and 15 per cent […]

  • 21 January 2021
    Vessels

    DHT Holdings, Inc. has entered into an agreement to acquire two very large crude carriers (VLCCs) built in 2016 at Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) for a total of $136 million. The vessels are scheduled to deliver during the first half of 2021. The crude oil tanker company plans to finance the […]

  • 21 January 2021
    Equipment, Infrastructure, Operations & Maintenance

    Back-deck equipment specialist Maritime Developments MDL has completed a SURF decommissioning project in the UKCS for Helix Robotics Solutions. The work scope covered the retrieval of 7 cables, umbilicals, flowlines and jumpers connected to an FPSO in the UK North Sea, using an MDL equipment spread operated by the company’s expert technicians. The MDL spread comprised of […]

  • 21 January 2021
    Business developments & projects, Infrastructure, Operations & Maintenance, Vessels

    Russia’s largest shipping company Sovcomflot has secured a charter deal for its newbuild LNG tanker with Total.

  • 21 January 2021
    Business & Finance, Equipment

    Houston-based Gilmore, a Proserv company, has appointed David Nemetz as its new chief executive officer (CEO). Gilmore, as an integral component of Aberdeen headquartered Proserv, has been providing flow control solutions, such as critical service valves and regulators, to the oil and gas industry for more than 50 years. David Nemetz, an engineer by training, […]

  • 20 January 2021
    Business & Finance, Business developments & projects

    CWind Taiwan has signed an exclusive cooperation agreement with E&Y Electronics, a Taiwanese power cable service provider specialised in cable testing and termination, to develop its cable maintenance services in the Taiwanese offshore wind market. The services under the cooperation agreement include low and high voltage inspection, maintenance and repair (IMR) solutions, as well as […]

  • 20 January 2021
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    FAR Limited has executed a sale and purchase agreement with Woodside related to the sale of FAR’s interest in the Senegal RSSD Project.

  • 19 January 2021
    Business & Finance, Business developments & projects, Project & Tenders

    Equinor has awarded Archer, in alliance with Welltec Oilfield Services and Schlumberger, a contract to provide integrated wireline services.

  • 18 January 2021
    Environment, Equipment, Transition, Vessels

    China’s Chengxi Shipyard has delivered the first of twin self-unloading transshipment newbuilds to German shipowner Oldendorff Carriers. The 21,500-DWT transshipment bulkers have been installed with two 1.9-MW Azipod units, as part of a package of electric, digital and connected solutions from ABB. The scope of supply also included diesel-electric power plant, drive systems complete with […]

  • 18 January 2021
    Business developments & projects, Research & Development

    Woodside, LNG company from Australia, expanded an LNG supply deal with German energy company Uniper that will double the amount of LNG it supplies.

  • 18 January 2021
    Business & Finance, Business developments & projects, Project & Tenders

    Offshore drilling contractor Shelf Drilling has received early contract terminations from ADNOC Drilling for two jack-up rigs.

  • 18 January 2021
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    Offshore drilling contractor Maersk Drilling has firmed up contracts with Total for two floater rigs to be used for drilling operations in Suriname.

  • 15 January 2021
    Business & Finance, Business developments & projects, Environment, Transition

    French energy giant Total has decided to withdraw from the American Petroleum Institute (API) following a detailed analysis of API’s climate positions.

  • 15 January 2021
    Business developments & projects, Environment, Exploration & Production, Infrastructure, Innovation, Research & Development, Technology, Transition

    Floating Power Plant (FPP) and partners Lundin Energy Norway, NOV-APL, Semco Maritime, Cefront Technologies and Aalborg University have completed a project aimed at using floating wind and wave power to support an offshore oil and gas facility. According to FPP, the project shows that using renewable energy can help the oil and gas industry reduce […]

  • 14 January 2021
    Business developments & projects, Collaboration

    Hamburg-based Subsea Europe Services and Cyprus Subsea Consulting and Services based in Nicosia have entered a new strategic cooperation. The partnership will see the two companies share knowledge and services that will simplify the acquisition of high-quality marine data for clients across Europe. The agreement is the foundation for matching the extensive autonomous and long-term […]

  • 13 January 2021
    Business & Finance, Business developments & projects, Infrastructure, Vessels

    Tanker owner and operator Scorpio Tankers has decided to sell and lease back three MR product tankers and one LR2 product tanker to China’s AVIC International Leasing.

  • 13 January 2021
    Business developments & projects, Research & Development

    To establish standardized, price competitive hydrogen solutions in North America, Chart Industries execute commercial hydrogen memorandum of understanding with Matrix Service Company.

  • 12 January 2021
    Business developments & projects, Operations & Maintenance, Vessels

    Qatargas Operating Company (Qatargas) has completed the first-ever commercial ship-to-ship (STS) transfer of LNG cargo involving a Q-Flex LNG vessel.

  • 12 January 2021
    Collaboration, Environment, Infrastructure, Transition, Vessels

    Shell Marine, part of Royal Dutch Shell, has received a multi-year contract to provide marine lubricants to cruise line operator Carnival Corporation’s fleet of 89 ships.

  • 12 January 2021
    Business & Finance, Business developments & projects

    Houston-based oil and gas company Marathon Oil has appointed a new member of its board of directors.