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Norwegian player’s compressor system hand-picked for Yinson Production’s Angola-bound FPSO
TMC Compressors has been hired by Yinson Production to deliver a large-capacity marine compressed air system on board an FPSO destined for Angola.
ONE wins AiP for ammonia dual-fueled vessel, accelerating progress towards net zero
Singapore-based Ocean Network Express (ONE) has been awarded Approval in Principle (AiP) from classification society DNV for an ammonia dual-fueled vessel, marking another milestone for the shipping company on its journey towards net zero by 2050.
Solstad completes refinancing
Solstad Shipholding, part of Norway’s Solstad Offshore (SOFF), has completed refinancing which is expected to create a robust industrial platform going forward. The completed refinancing includes equity contributions to Solstad Maritime Holding (SMH) of NOK 4 billion (around $384.2 million) in total
UK oil & gas firm gets more time for technical studies and partner search off Ireland
AIM-listed Europa Oil & Gas has got an extension for a license offshore Ireland from the Irish government’s DECC.
Excelerate Energy to purchase Qatari LNG for Bangladesh
Qatar’s LNG heavyweight QatarEnergy and U.S.-based LNG importer Excelerate Energy have signed a long-term agreement for the supply of LNG from Qatar to Bangladesh. This sale and purchase agreement (SPA) will see Excelerate buy up to 1 million tons per annum (mtpa) of LNG from QatarEnergy to be deliv
Purus Marine orders another dual-fuel ethane carrier from HD KSOE
UK-based shipping company Purus Marine has ordered an additional dual-fuel very large ethane carrier (VLEC) from South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE).
Lhyfe’s offshore hydrogen production pilot aces trials
French hydrogen producer Lhyfe has shared operating results from its Sealhyfe project, also known as the world’s first offshore hydrogen production pilot which returned to dock in November 2023, confirming that the initial objectives were met. Lhyfe launched the Sealhyfe project, equipped with a 1 M
Petrobras’ annual oil & gas production reaches new heights
Petrobras has achieved new oil and gas production milestones in 2023, exceeding its strategic plan 2023-27 guidance.
Strike action at North Sea platform taken off the table as offshore drillers’ battle for work-life balance pays off
More than 100 offshore workers employed by Odfjell Technology have called off industrial action after securing improvements to working rotas.
Wind-assisted propulsion developers win big in latest CMDC funding round
Wind-assisted propulsion developers in the UK have secured major victories in the latest round of the Clean Maritime Demonstration Competition (CMDC), which has assigned £33 million (€38.6 million) for new technologies to 33 projects across all twelve regions of the UK. Leading the charge is GT Gree
Maersk names world’s 1st large methanol-powered containership
History was made at HD Hyundai Heavy Industries (HD HHI) in Ulsan, South Korea as the world’s first large methanol-enabled container vessel was named. The 16,000 TEU containership was named Ane Maersk after Ane Mærsk Mc-Kinney Uggla, the Chair of the A.P. Moller Foundation and A.P. Moller Holding. A
Contract signed for Estonia’s first 100% alternatively fueled workboat
Estonian shipbuilder Baltic Workboats AS signed a contract with the Estonian State Fleet for the design and construction of a new environmentally friendly multipurpose vessel.
Methanol engines ordered for world’s largest cable-laying vessel
Jan De Nul has signed an agreement with ABC Engines for the delivery of methanol marine engines for what is said to be the world’s largest cable-laying vessel (CLV). Jan De Nul has placed an order for four 7,200 kW engines and one 1,800 kW engine that can run on (bio)diesel, HVO and methanol with [&
UAE-based start-up in talks over deployment of ‘groundbreaking’ floating solar technology
Floating Man, a Dubai-based pioneer in floating structures, has unveiled an innovative floating solar structure, said to be a groundbreaking technology, especially for open seas. These floating structures are said to span 900 square meters and have the capacity to hold around 200 solar modules, whi