Occidental (Oxy) has made progress on its debt-reduction plan by reaching a near-term debt repayment target and signing two agreements to divest upstream assets to undisclosed buyers.
Navigator Gas has completed the acquisition of the first of three new 17,000 cbm liquefied ethylene gas (LEG) carriers.
EnerMech has landed a multi-year contract extension with North Oil Company (NOC), a joint venture between QatarEnergy (70%) and TotalEnergies (30%), for work at an oil asset, which is said to be the largest field off the coast of Qatar.
Valaris has taken steps to optimize its rig fleet by deciding to put three semi-submersible units out of drilling work for good and divest a stacked jack-up rig. The rig owner has also won a new batch of drilling assignments spanning geographies.
Yinson Production has opened itself up to new decarbonization inroads with the acquisition of Norway-based Stella Maris carbon capture and storage (CCS) business that aims to unlock large-scale floating collection, transport, and offshore storage of CO2.
French container shipping heavyweight CMA CGM, along with Denmark’s A.P. Moller–Maersk and Switzerland’s Mediterranean Shipping Company (MSC), is strengthening its foothold in India as the country endeavors to become a “global maritime hub”. As disclosed, during his state visit to France in mid-Febr
Venture Global has disclosed a date for the beginning of commercial operations at its LNG export project in Cameron Parish, Louisiana, south of Lake Charles, United States.
Wärtsilä has reinforced its ‘Set for 30’ decarbonization targets by committing to a new goal of reducing 25% of direct suppliers’ GHG emissions by 2030.
The European Union has granted NOK 90 million (about €7.8 million) to the STEESMAT project, aimed at developing power distribution systems for zero-emission ships of the future.
A 1986-built floating production, storage, and offloading (FPSO) vessel, seen as capable of supporting early-phase and tail-phase production at offshore oil fields given its experience to date, is getting a new owner, which intends to find a new job for the unit in regions such as Vietnam, Suriname,
Zeevonk, a joint venture between Vattenfall and Copenhagen Infrastructure Partners (CIP) and developer of a large-scale project blending offshore wind, floating solar, and green hydrogen, has moved on to the next phase with the front-end engineering design (FEED) work assigned to the UK-based compan
Seabed investigations using a remotely operated vehicle (ROV) are scheduled to start at the site of Ørsted’s Hornsea Three offshore wind farm in the UK on March 1. A work-class ROV will be deployed from a DP vessel to investigate discrete areas of the seabed, both in the array site and on the export
Norway-based Seasystems, a Scana-owned mooring solutions business for floating structures, has received a new order to deliver mooring equipment for a floating liquefied natural gas (FLNG) project to an undisclosed company.
Norwegian forestry companies Viken AT Market and AT Skog have entered into an agreement with Skarv Shipping Solutions, a joint venture between Grieg Edge and Peak Group, to transport timber on zero-emission ships powered by ammonia and electricity.
