U.S.-headquartered oilfield services giant Halliburton is set to purchase Optime Subsea, a Norwegian provider of subsea solutions for the oil & gas industry, following the signature of a definitive agreement. According to Optime Subsea, the acquisition will integrate its umbilical-less technology in
Climate Fund Managers (CFM) has completed the acquisition of a 24% equity stake in Hyphen Hydrogen Energy.
LNG Canada, a joint venture (JV) between Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, which is developing a liquefied natural gas (LNG) export facility in Kitimat, Canada’s British Columbia, has appointed a new Chief Executive Officer (CEO).
Grimaldi Group has taken delivery of the sixth energy-efficient multipurpose RoRo ship from HD Hyundai Mipo Dockyard (HMD) in South Korea.
Dolphin Drilling has disclosed a positive outcome of arbitration proceedings with Lagos-based General Hydrocarbons Limited (GHL), which has been made in the Norwegian player’s favor.
Taiwanese shipping company Yang Ming Marine Transport Corporation has decided to order up to thirteen environmentally friendly 8,000 TEU to 15,000 TEU containerships.
Brazilian oil and gas player Brava Energia has confirmed its acquisition of oil and gas fields and associated infrastructure off the coast of Brazil cannot be completed with the country’s state-owned energy giant Petrobras, as a precedent condition for the closing of the sale was not satisfied. In D
Brazil’s oil and gas player Brava Energia has signed natural gas supply contracts with two Brazilian players.
Norway-based shipping company Bergen Tankers and compatriot energy giant Equinor have executed a long-term time charter party for two oil/chemical tanker newbuilds with electric hybrid propulsion systems.
Jan De Nul, in partnership with Hellenic Cables, has been awarded a framework agreement from France’s transmission system operator (TSO) Réseau Transport d’Electricité (RTE) to supply and install the export cables for two floating wind farms off the coast of Southern Brittany, totaling 750 MW. Jan D
The Board of Directors of the World Shipping Council (WSC) has elected Soren Toft, CEO of Switzerland’s heavyweight Mediterranean Shipping Company (MSC), as the new Chair of the WSC Council Board, and Randy Chen, Vice Chairman of Taiwan’s shipping major Wan Hai Lines, as Vice Chair. As disclosed, To
Japan’s shipping heavyweight Mitsui O.S.K. Lines (MOL) has received third-party certification for its book and claim service for pure car carriers following an audit by compatriot classification society Nippon Kaiji Kyokai (ClassNK). It is understood that this is the first time that ClassNK has gran
COSCO Shipping Bulk and Yangzhou COSCO Shipping Heavy Industry, subsidiaries of Chinese shipping heavyweight COSCO Shipping, have signed a contract for 3 +5 210,000-ton methanol and ammonia reserved bulk carriers.
The Hague-based Wave Energy Collective (Weco) has reached a milestone in the development of its Kaizen wave energy converter (WEC), as the device had generated its first power. Weco said that it was also able to validate and optimize the design further. The company collaborated with Deltares, a Neth
