Japanese conglomerate Marubeni Corporation has signed a partnership agreement with Norwegian shipping company Solvang to start the joint operation of an ammonia carrier as it steps up efforts to contribute to the global low-carbon ammonia value chain. Under the partnership agreement, Marubeni and So
Japan’s Mitsubishi Corporation has signed new agreements with Malaysia’s state-owned energy giant Petronas, reaffirming its engagement in two of Malaysia’s liquefied natural gas (MLNG) plants owned by the latter in the country’s Sarawak region. The Japanese player is set to extend its 10% interest i
Rune Olav Pedersen, the current CEO of Norway-headquartered seismic company PGS, has been appointed as CEO of Geoquip Marine, a provider of geotechnical services to the offshore energy sector, effective from January 1, 2025. Pedersen, who will be based at Geoquip’s headquarters in Switzerland, takes
Drydocks World Dubai, a part of DP World, has completed its scope of work related to jacket pile clusters for two new platforms that are slowly taking shape as different parts get constructed in preparation for deployment at two oil and gas developments in the North Sea, off the coast of Norway.
Classification society ABS has issued approval in principle (AiP) to Nikkiso Clean Energy & Industrial Gases, part of Japan’s Nikkiso Co., for an ammonia fuel supply system that can be retrofitted to existing vessels or installed on newbuilds. ABS completed design reviews based on class and statutor
French shipowner VELA has revealed that construction of the company’s first wind-powered cargo trimaran started at Austal shipyard in Australia.
A seventh-generation drillship, which recently became part of the floater fleet belonging to the U.S. offshore drilling contractor Noble Corporation, is making progress in its drilling campaign in Africa, which is related to work offshore Guinea-Bissau.
Significant investments in ports’ decarbonization infrastructure are needed in developing countries to ensure a fair and equitable energy transition, a new report found.
Italian shipbuilder Fincantieri has launched Star Princess—the second dual-fuel liquefied natural gas (LNG)-powered vessel being built for the U.S.-based cruise line Princess Cruises. As disclosed, Star Princess is the second ship in the Sphere class, following the delivery of the first of the two o
France’s tubular solutions provider Vallourec has signed what is described to be a “significant” contract with Brazil’s state-owned energy giant Petrobras for the supply of oil country tubular goods (OCTG) and accessories for the development of Sepia 2 and Atapu 2 projects in the Santos Basin offsho
Brazilian state-owned oil and gas giant Petrobras has signed a memorandum of understanding (MoU) with Suriname’s national oil company Staatsolie Maatschappij Suriname (Staatsolie) to step up their cooperation in various aspects of the energy arena.
Dutch shipping company Spliethoff Group has placed an order for up to ten energy-efficient multi-purpose vessels at Wuhu Shipyard in China.
After making another oil and gas discovery in the North Sea, thanks to drilling activities one of Odfjell Drilling’s sixth-generation semi-submersible rigs carried out off the coast of Norway, Equinor, a Norwegian state-owned energy giant, has emphasized that the development of this discovery does n
The global shipping industry is not on track to meet the target of having zero-emission fuels account for 5% of all fuels by 2030, jeopardizing its ambition of hitting net-zero emissions by 2050, a new report shows.
