SLB has inked a memorandum of understanding (MoU) with C-Power through its OneSubsea joint venture (JV) to, together with Subsea7, explore using ocean energy as a lower-cost, lower-carbon power source for subsea applications. SLB OneSubsea, the JV backed by SLB, Aker Solutions, and Subsea7, will pro
Classification society DNV has awarded an approval in principle (AiP) to South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for its electric propulsion liquefied hydrogen (LH₂) carrier design concept that could enable 80,000 cubic meters of LH₂ storage and transport.
Norwegian ship design company Breeze Ship Design has secured a contract for the design of two battery hybrid multipurpose offshore supply vessels (MPSVs) for Greek shipowner Capital Offshore Management.
Following the capacity reservation agreement signed in November 2023, French subsea power cables manufacturer Nexans has officially been awarded a contract by SSEN Transmission to connect the Orkney Islands and the UK mainland. The Orkney Transmission Link will exchange up to 220 MW of renewable ene
Shelf Drilling (SHLF) has made a consolidation move, which is structured as a proposed triangular merger between its indirect subsidiary SHLF MergCo, Shelf Drilling North Sea (SDNS) as the surviving entity in the proposed merger, and SHLF as the issuer of the merger consideration shares.
Energean has finished drilling activities without reaching its exploration targets at an appraisal well on its gas field in the Lixus license located 40 km off the coast of Morocco in the Atlantic Ocean.
Italian shipbuilding company Fincantieri and the Cruise Divison of the MSC Group have marked construction milestones for three new eco-friendly Explora Journeys ships.
Will a dusky sea snake, which has been put on the endangered list by the Australian federal government, jeopardize a project, led by Australia’s energy giant Woodside and valued at over $30 billion, to develop what is said to be the country’s largest untapped conventional gas resource?
Norway-based classification society DNV and China’s intelligent shipping technology and equipment provider Navigation Brilliance (Brinav) have signed a Memorandum of Understanding (MoU) aiming to ‘fast-track’ the development and regulatory approval of autonomous and remote-controlled shipping techno
Data standardization is urgently needed in the offshore maritime industry to accelerate the value delivered by onboard digitalization and boost operational and environmental performance, a new white paper found.
McKinsey & Company, a global management consulting firm, highlights the need to up the climate action ante by scaling up interrelated low-emission and green technologies.
Protectionism represents a growing risk for the shipping decision-makers, driven by geopolitical instability, national energy security concerns, global and regional economic crises, and government-led manufacturing incentives favoring local production, a recent report shows.
Norwegian shipping company Knutsen Group has received new energy-efficient LNG carrier for charter with energy giant Shell from South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI). The 174,000 cubic meter LNG carrier named Nantes Knutsen was delivered to the shipowner on September 13, 202
CSS Subsea, a subsea engineering solutions provider, has been acquired by a UK-based subsea company Artina, expanding both companies’ capabilities in the global energy services market. After five years as part of CSS Group, CSS Subsea will now operate as Deepwave under new ownership. The transition
