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New UK-Belgian joint venture buys 25-year-old cable-layer
UK’s Enshore Subsea and Belgian Herbosch-Kiere have partnered to purchase a 25-year-old cable-laying vessel (CLV) in a newly created joint venture. Herbosch-Kiere and Enshore Subsea have purchased the 1999-built, 88-meter-long Topaz Installer vessel, set to be renamed CMOS Installer. The vessel is m
Second tranche of investment in for Nauticus Robotics to execute 2024 goals
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured over $12 million in funding, part of a second tranche of investment, to execute 2024 goals, including augmented autonomy for subsea robots. Nauticus Robotics secured the first tranche of financing be
Japan’s first LNG-powered Capesize bulker delivered
The first Capesize LNG-fueled bulk carrier to be built at a shipyard in Japan has been named.
TotalEnergies puts into production another tie-back project off Nigeria
TotalEnergies has kicked off production from a field offshore Nigeria, which has been tied to an existing FPSO vessel.
Kobe-Osaka Port pioneers RTG crane conversion to hydrogen
Japan’s Kobe-Osaka International Port Corporation is launching an initiative to showcase the operational prowess of hydrogen-fueled cargo handling machinery, marking a global first in converting a rubber-tired gantry (RTG) crane’s diesel engine generator to a hydrogen engine generator. The project i
NYK orders 174,000 cbm LNG carrier for JERA charter
On January 31, Japanese shipping company NYK and compatriot power generation company JERA signed a long-term charter contract for a new liquefied natural gas (LNG) carrier to be built in South Korea by Hyundai Samho Heavy Industries.
Helix gets decommissioning extension at rates reflecting improved well intervention market
Helix Energy Solutions has secured the extension of its decommissioning contract with Trident Energy do Brasil at rates said to be in line with the improved well intervention market. The contract extension, expected to begin in the fourth quarter of 2024, is for an additional 12 months and is in dir
CoolCo seals new 12-month LNG carrier charter deal
Cool Company (CoolCo), an owner, operator, and manager of LNG carriers, has secured a new time charter agreement with Santos Shipping Singapore for one of its TFDE vessels that will undergo LNGe upgrades to reduce emissions. The 12-month charter agreement is scheduled to commence in the first quarte
Dana Petroleum entering Shell’s North Sea license ahead of drilling ops
Deltic Energy is in the process of divesting a partial stake in a Shell-operated license to Dana Petroleum.
Viking Line, Ports of Stockholm and Turku eye carbon-neutral corridor by 2035
Finnish shipping company Viking Line has signed a Memorandum of Understanding (MoU) with the Ports of Stockholm, and the Port of Turku to create a green maritime corridor between Turku and Stockholm. The goal is for the corridor to be 100% carbon-neutral by 2035. The partnership aims to develop scal
US states ‘doubling down’ on offshore wind, says Oceantic Network
The U.S. is committed to offshore wind and is looking to advance its development, according to Liz Burdock, President and CEO of Oceantic Network, formerly known as Business Network for Offshore Wind, a non-profit organization that provides networking, communications and educational platforms to sup
Norwegian firm broadens its North Sea horizons with stake in Shell’s UK gas field
DNO has put the wheels into motion to expand its North Sea portfolio by acquiring an interest in a Shell-operated gas field.
TotalEnergies doles out $199 million for lion’s share in Vantage drillship
TotalEnergies is in the process of acquiring a majority stake from Vantage Drilling International in a drillship working in Namibia.
Woodside and Santos multi-billion merger talks come to naught
Woodside and Santos have put an end to their discussions concerning a potential A$85.7 billion (about $55.9 billion) merger.