A new investment shot that will be poured into Yinson Production has been secured with a consortium of international investment firms to pave the way for the Malaysian giant’s growth journey, with a smaller slice of the $1 billion equity financing pie earmarked for the controlling shareholder.
Dalian Shipbuilding Industry (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered the first 16,000 TEU LNG dual-fuel containership ordered by Minsheng Financial Leasing (MSFL) on behalf of Swiss shipping giant Mediterranean Shipping Company (MSC).
French shipbuilder SOCARENAM and compatriot naval architecture and marine engineering firm MAURIC have secured a tender for the design and construction of an offshore patrol vessel (OPV) that will combine hybrid propulsion with wind assisted propulsion.
The Bulgarian Shipowners Association (BSA) has become the 22nd member of the European Community Shipowners’ Associations (ECSA), further expanding the network of the organization.
TotalEnergies has revised its plateau production timeline as ramp-up activities continue to ensure all fields will be up and running at full capacity at its natural gas redevelopment project in the Danish sector of the North Sea.
India’s Hindustan Petroleum Corporation Limited (HPCL), a unit of the state-owned Oil & Natural Gas Corporation (ONGC), has received its inaugural commissioning liquefied natural gas (LNG) cargo at its terminal at Chhara Port in India’s Gujarat state.
Eco Wave Power, a wave energy developer, has hired Portuguese firm MOQ Engineering to handle the final design work and load calculations for its Porto wave energy project. This move brings the project closer to its scheduled launch in 2026. According to Eco Wave Power, the project forms part of a 20
ABL Group has enlarged its capabilities in the engineering and design segments of the maritime and offshore energy landscape by bringing Proper Marine, a Brazil-based naval architecture and engineering consultancy, into its fold, which enables the latter to merge with the Norwegian company’s design
PEM electrolyzer provider has been selected for a new hydrogen production and refueling station at the Port of Klaipeda in Lithuania.
The world’s largest cruise company Carnival Corporation & plc has commissioned the UK’s cleantech company Silverstream Technologies to install its air lubrication system (ALS) on another duo of Excel-class cruise ships powered by liquefied natural gas (LNG). As disclosed, the two vessels are the thi
2024 was an exciting year in the ongoing development of the wind-assisted ship propulsion segment, with 54 large ships in operation and seven more designated as wind-ready.
Finland’s state-owned transmission system operator (TSO) Gasgrid and the Government of Åland have signed a letter of intent (LoI) to jointly explore opportunities for building a hydrogen network in Åland.
Dutch geo-data specialist Fugro has secured a contract from Italy’s Institute for Environmental Protection and Research (ISPRA) to install and operate an offshore wave and current monitoring network (ROCA) to safeguard the country’s coastal and marine ecosystems. According to Fugro, the two-year pro
SLB has landed a batch of new deals with Shell to handle drilling assignments, spanning several regions, including the UK sector of the North Sea, Trinidad and Tobago, and the Gulf of Mexico alongside others.
