All
UK subsea firm broadens its horizons with acquisition of compatriot player
Ashtead Technology is augmenting its global offering by acquiring the entire share capital of Rathmay Limited, the parent company of ACE Winches, from its founders Alfie and Valerie Cheyne, for a total cash consideration of £53.5 million (almost $67.7 million) on a cash and debt free basis.
Operator closing in on environmental stamp of approval for drilling ops off Timor-Leste
Baron Oil has reached the first of three steps in securing environmental approvals for the drilling and testing of an appraisal well at a block offshore Timor-Leste.
Northern Lights’s LCO2 carrier pair hits 60% completion milestone
The construction of the first two Northern Lights’ ships has surged past the 60% completion mark, signaling substantial strides in the creation of what has been described as the world’s first large vessels tailor-made for liquified CO2 transport, the company said. The Northern Lights project, a join
Go-ahead for Equinor to embark on drilling activities with Transocean rig
Equinor has received consent to use one of Transocean’s semi-submersible rigs on two fields located in the North Sea and Norwegian Sea, respectively.
Harbour Energy gearing up to kick off North Sea ops with Noble rig
Harbour Energy has secured a drilling permit to spud a wildcat well in the North Sea, using one of Noble Corporation’s jack-up rigs.
Scottish Renewables: ‘Seastar spells the start of a new chapter in the tidal energy story’
Scottish Renewables has welcomed the announcement about €20 million secured from the EU for a 4MW tidal energy project that will be deployed offshore Scotland and led by Nova Innovation.
UAE player expands its USV fleet with two vessels
Unique Group has broadened its unmanned surface vessel (USV) portfolio with the launch of two new models.
Partners initiate feasibility study on hydrogen/ammonia value chain in Thailand
Mitsui O.S.K. Lines (MOL), Electricity Generation Authority of Thailand (EGAT), Mitsubishi Company, and Chiyoda Corporation have kicked off a feasibility study on establishing a clean hydrogen and ammonia value chain derived from renewable energy sources in Thailand. To mark the start of the feasibi
New green hydrogen and PtX solutions company Rely formally established
Technip Energies, an engineering and technology company, and John Cockerill, a designer and manufacturer of large-scale technological solutions, have finalized the creation of Rely, a new company dedicated to integrated green hydrogen and Power-to-X (PtX) solutions. Headquartered in Brussels, Belgiu
Wärtsilä’s cargo handling system picked for Purus’ ammonia carriers
Finnish technology group Wärtsilä will supply the cargo handling systems (CHS) for four new medium gas carrier vessels, expected to primarily carry ammonia, owned by UK-based shipowner Purus Marine.
Training project for seafarers on zero-emission ships in the making
A new training project is being launched aimed at preparing seafarers for zero or near-zero emission ships as a way of addressing the imminent need for upskilling the workforce to operate advanced technological solutions and alternative fuels. The project was announced at the 2023 UN Climate Change
Mitsubishi Power completes 30% hydrogen co-firing demo using grid-connected gas turbine
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries (MHI), has conducted the world’s first power generation test on a large frame gas turbine using a fuel mixture of 30% hydrogen while connected to the local power grid and using hydrogen produced and stored on the same site. The
Fugro on survey duty offshore South Korea
Dutch geo-data specialist company, Fugro, has been picked by KREDO Offshore to support its offshore wind development in South Korea. Fugro will carry out a metocean and wind resource measurement campaign on the west coast of South Korea, offshore Yeonggwang County. The project site is currently in t
V.Group, Aither to provide carbon credits for shipowners
Ship management and marine services company V. Group and Aither, which provides carbon trading solutions for shipowners and other industries, have entered into strategic partnership focused on trading carbon credits for the EU Emissions Trading System (ETS) scheme.