
Norwegian vessel owner DOF Group has secured a new long-term contract with Brazilian oil and gas giant, Petrobras, for its pipelay support vessel (PLSV), as well as an extension of the contract for the PLSV Skandi Açu.

South Korean shipbuilder Hanwha Ocean has started the construction of another LNG carrier for Norway-based gas shipping company BW LNG.

European Commission recently unveiled the Ship Financing Portal which provides businesses and organizations with a repository of available financial tools needed to drive fleet renewal and retrofitting, enhance efficiency, and reduce environmental impact.

After completing Phase 1 of the workover program at a gas field offshore Türkiye, Canada’s oil and gas player Trillion Energy is gearing up for Phase 2 aiming to sustain long-term natural gas production.

US-based emissions capture services provider STAX Engineering has entered into a five-year agreement with Equilon Enterprises (doing business as Shell Oil Products US) for emissions capture and control for tankers within the Port of Los Angeles.

Singapore’s Seatrium has delivered the fourth out of five jack-up rigs to UK-headquartered offshore drilling contractor Borr Drilling, a year ahead of the planned delivery date. Completed and delivered on an accelerated schedule, the rig named Vali is of KFELS Super B Class, capable of operating in

Petrobras has expanded its floating production, storage, and offloading (FPSO) fleet off the coast of Brazil with the arrival of a new unit.

A Vietnamese-based shipping company has recently joined forces with the UK’s Tankers International by contributing two scrubber-fitted very large crude carriers (VLCCs) into the world’s largest VLCC shipping pool. The integration of these two ships brings the total number of vessels in the Tankers

Korean company LS Marine Solution and Taiwan’s Dong Fang Offshore (DFO) have entered into a memorandum of understanding (MOU) which will see LS Marine chartering a service operations vessel (SOV) from DFO and participating in offshore wind project bidding in South Korea. According to LS Marine Solut

Brazil’s state-owned energy giant Petrobras has revised its capex projection for 2024 to reflect its anticipated expansion of operations in the oil and gas exploration and production (E&P) segment.

The addition of new environmentally friendly vessels has helped German container shipping major Hapag-Lloyd counteract the prolonged capacity bottleneck caused by geopolitical tensions.

Iverson eFuels, Port of Stavanger, ASCO Norge and St1 have signed a partnership agreement to make green ammonia available in the Stavanger region of Norway.

Marine fuels supplier Monjasa has completed its first biofuel supply operation in the Port of Singapore by delivering biofuel blend to Yang Ming’s containership YM Wonderland.

Finnish fuel supply and distribution company NEOT has extended charter contracts for six vessels owned by shipping company Terntank.