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Norway’s PRSI Pool taps NKT for turnkey offshore power cables repair
Denmark-based NKT has signed a four-year service agreement with the Norway-based Pipeline Repair and Subsea Intervention (PRSI) Pool which allows it to perform turnkey repairs for offshore power cables owned by the member companies. The PRSI Pool includes 23 companies covering their offshore pipelin
Two rigs bought from Transocean come under the wing of Dolphin Drilling
Dolphin Drilling has confirmed the start of operations and the final transfer of ownership for two semi-submersible rigs acquired from Transocean.
Opinion: Can wind propulsion weather the approaching perfect storm?
This article is written by Gavin Allwright, Secretary General – International Windship Association When taking time to reflect on the past year, I would argue that 2023 was the year in which our industry took the gloves off and got down to business when it came to decarbonization. At COP28 in Decemb
TotalEnergies inches closer to first gas as platform installation off Argentina wraps up
TotalEnergies has taken a step closer to the start of production from a gas project located 60 km off the coast of Tierra del Fuego.
Prysmian lands €5 billion cable job for projects offshore Germany
Italy-headquartered Prysmian has finalized three contracts worth in aggregate around €5 billion with the transmission system operator (TSO) Amprion for BalWin1 and BalWin2 offshore grid connection systems and the DC34 underground cable project in Germany. According to Prysmian, this package deal is
Panama Canal to invest more in sustainability efforts than past expansion
In response to the intensifying impacts of climate change, the Panama Canal Authority has revealed a noteworthy shift in investment priorities, underscoring a commitment to channel more capital into sustainability initiatives. The canal authority has earmarked $8.5 billion for capital investments, a
Solstad’s recently-purchased CSV wins contract with international client
Norway’s Solstad Offshore (SOFF) has secured an 18-month contract with an international client for the construction support vessel (CSV) Normand Tonjer. The contract is starting in April 2024 and it includes a possible two-time 180-day extension. The commercial terms are confidential, but they ali
With appraisal out of the way, Eni and TotalEnergies mulling over development solution for gas discovery off Cyprus
Eni and TotalEnergies are going to undertake a full evaluation of the hydrocarbon resources in a gas discovery offshore Cyprus.
WoodMac: Carbon intensity regulation to make or break global hydrogen market
The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen produced rather than its color, according to Wood Mackenzie’s (WoodMac’s) Horizons report ‘Over the rainbow: Why understanding full value-chain car
BP and ADNOC build on more than 50 years of collaboration with new gas-focused joint venture
BP and ADNOC have decided to establish a new joint venture (JV), which will initially focus on the development of gas assets in Egypt.
Wood to provide services for several of Inpex’s decarbonization projects
UK’s engineering and consulting company Wood has been chosen by Japan’s energy major Inpex Corporation to work on several of its decarbonization projects across the globe. In Japan, Wood said the company will deliver concept design services for a carbon dioxide (CO2) transportation network, noting t
CMA CGM’s Mermaid makes a splash
French containership major CMA CGM has welcomed into the fleet CMA CGM Mermaid, the first ship in a series of ten new 2,000 TEU container ships powered by liquefied natural gas (LNG). The fleet has been designed in cooperation with French shipbuilder Chantiers de l’Atlantique and Danish engineering
Keel laid for Neoline’s first sailing cargo ship
Neoline Armateur, together with RMK Marine and partners, has held a keel-laying ceremony for the first sailing roll-on/roll-off (RoRo) vessel NEOLINER ORIGIN.
Siem seeks to slash fleet carbon footprint through collaboration with Wärtsilä
Norwegian shipping company Siem Offshore is collaborating with Finnish technology group Wärtsilä on vessel decarbonization solutions as part of its efforts to reduce the carbon footprint of its 26-vessel fleet and goal of reaching full carbon neutrality by 2050. According to Siem, the aim is to achi