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Trio snaps up more than $1.75 billion for drilling jobs on Equinor’s 19 offshore oil & gas assets
Equinor has handed out four-year contract extensions to three companies for work on 19 platforms located off the coast of Norway.
Vattenfall scraps hydrogen turbine pilot project
Vattenfall has decided to cancel the Hydrogen Turbine 1 (HT1) project offshore Aberdeen, Scotland, almost two years after the firm began developing it. However, the project helped enable the creation of a regulatory and consenting regime for offshore hydrogen transportation and storage in the UK, ac
Fuelink: New AI-based digital platform for bunker data management launched
Fuelink, a maritime technology provider, has launched its new digital platform providing a key resource for bunker data management and fuel supply optimization.
Wärtsilä pens maintenance deal for world’s largest double-ended hybrid ferries
Finnish technology group Wärtsilä has signed a lifecycle agreement with UK-based shipping company P&O Ferries that covers two hybrid ferries, M/V Pioneer and M/V Liberté.
Singapore shipbuilder hands over new ‘cutting-edge’ vessel destined to work for Shell
PaxOcean Group has delivered a new class of compact semi-submersible (CSS), which will work for Shell off the coast of Brunei.
Tadek Ocean Engineering designs mooring and cable solution for wave power subsea project
UK-based Tadek Ocean Engineering has created a mooring and cable solution for the Renewables for Subsea Power (RSP) project that combines wave energy with subsea storage to power subsea equipment. Aberdeen-based Verlume connected Mocean Energy’s Blue X wave energy converter with a Halo underwater ba
US to pump $450 million into port infrastructure development
The U.S. Department of Transportation’s Maritime Administration (MARAD) has published a notice of funding opportunity (NOFO), making $450 million available for Port Infrastructure Development Program (PIDP).
NIB co-finances Norled’s low-carbon fleet
The Nordic Investment Bank (NIB) has signed a seven-year loan to co-finance ferry and express boat operator Norled AS’ investments in zero- and low-carbon vessels and related land-based infrastructure in Norway during 2024-2030.
Neapolitan firm delivers survey work for 1 GW Italian subsea electricity link
Naples-headquartered survey contractor Next Geosolutions (NextGeo) has completed survey works for the east section of the Italian Tyrrhenian Link connecting Sicily with Campania. NextGeo has wrapped up all the pre-installation survey tasks for the Tyrrhenian Link East branch on behalf of Italian cab
Biden-Harris administration to back US hydrogen industry with $750 million
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) has announced $750 million for 52 projects across 24 states to support the hydrogen industry. According to DOE, these projects, funded by the President’s Bipartisan Infrastructure Law, will help advance ele
How far has Shell’s decarbonization journey gone and what is yet to come?
Shell has reiterated its commitment to halving Scope 1 and 2 emissions from its operations by 2030, compared with 2016 on a net basis.
Nantong Xiangyu strikes deal to build methanol-ready bulker octet
Chinese shipbuilding company Nantong Xiangyu Shipbuilding & Offshore Engineering has received a contract to build eight methanol-ready bulk carriers for compatriot Xiamen Financial Leasing and Cosco Shipping Bulk.
SSEN Transmission renews partnership with BAM and Siemens Energy
SSEN Transmission has renewed its partnership with BAM and Siemens Energy regarding the delivery of onshore transmission infrastructure schemes. BAM and Siemens Energy will support SSEN Transmission in delivering onshore transmission infrastructure schemes, working to help deliver the substations th
Archer secures $20 million platform drilling contract in Brazil
Archer has won a contract for comprehensive platform drilling services in Brazil with Trident Energy.