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FPSO Léopold Sédar Senghor; Source: Seatrium

Business Developments & Projects

‘Historic day’ for Woodside: First oil gushes out of Senegal’s inaugural offshore development

Australia’s energy giant Woodside has started production from Senegal’s first offshore oil deepwater development.

about 2 years ago

Business Developments & Projects

Evergreen orders 6 methanol dual-fuel boxships

Taiwanese container shipping company Evergreen Marine has ordered six 2,400 TEU methanol dual-fuel containerships in China, continuing its efforts to decarbonize operations.Taiwanese container shipping company Evergreen Marine has ordered six 2,400 TEU methanol dual-fuel containerships in China, con

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about 2 years ago

Document signing ceremony; Source: Staatsolie Maatschappij Suriname (Staatsolie)

Business Developments & Projects

Trinidad and Tobago looking to buy gas from Suriname’s offshore fields

Suriname’s Staatsolie and Trinidad and Tobago’s National Energy have signed a letter of intent (LoI) to cooperate in the area of natural gas.

about 2 years ago

Business Developments & Projects

Ammonia cuts shipping GHG emissions by up to 61%, study says

An independent study, commissioned by SGMF, has revealed that GHG reductions of up to 61% are now achievable from using ammonia as a marine fuel.

about 2 years ago

Illustration; Source: ADNOC Logistics and Services

Business Developments & Projects

Twofold increase in LNG vessel orders playing out against the backdrop of elevated newbuilding prices

The number of LNG newbuilding values is perceived to be at a record high with twice as many newbuild orders in 2024 as there were last year.

about 2 years ago

Business Developments & Projects

Dutch company converts 2016-built multi-purpose support vessel for survey ops

Dutch survey company Deep BV has expanded its survey capacity with the conversion of a multi-purpose support vessel, built in 2016, into a survey vessel. Deep BV announced it had completed the conversion of the multi-purpose support vessel Miranda from Van Laar Maritime into a survey vessel, with fo

about 2 years ago

Noble Valiant drillship; Source: Noble Corporation

Business Developments & Projects

Gulf of Mexico: Further hydrocarbon upside potential on the horizon as initial drilling ops show promise

The intermediate logging of a well in the U.S. Gulf of Mexico is said to have confirmed high-quality, hydrocarbon-bearing sands in upper target sections.

about 2 years ago

Seabased wave energy converters (WECs) and buoys awaiting installation. Source: Seabased

Business Developments & Projects

Barbados and Seabased join forces for wave power park

The Barbados Investment and Development Corporation (BIDC) and Swedish wave energy company Seabased Group have inked a memorandum of understanding (MOU) to build a wave power park.

about 2 years ago

Business Developments & Projects

NEDO backs JERA’s study on hydrogen and ammonia in Thailand

JERA’s survey of hydrogen and ammonia demand, and demonstration research to achieve stable operation of ammonia cracking equipment in Thailand has been selected as a New Energy and Industrial Technology Development Organization (NEDO) International Project.

about 2 years ago

Prysmian's Monna Lisa steps closer to delivery in early 2025

Business Developments & Projects

171-meter Prysmian cable layer steps closer to delivery with launch at VARD

Norwegian ship designer and shipbuilder VARD has launched Prysmian’s new cable laying vessel (CLV) Monna Lisa, sister ship to Leonardo da Vinci, coming a step closer to delivery in 2025. VARD has completed steel cutting, keel laying, generator installation, and hull erection on the 171-meter Monna L

about 2 years ago

GMS Scirocco; Source: Gulf Marine Services (GMS)

Business Developments & Projects

Vessel gig’s next stage pushes GMS’ backlog to $431.2 million

UAE-based Gulf Marine Services (GMS) has sealed the second phase of a multi-year contract for one of its vessels in the Middle East.

about 2 years ago

Business Developments & Projects

To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind

Building on the joint delivery of several large data campaigns, Norway’s Shearwater GeoServices and Ireland-based XOCEAN have set up a strategic collaboration to provide integrated data solutions to the carbon capture and storage (CCS) and offshore wind markets. The collaboration will combine Shearw

about 2 years ago

Valaris 123 jack-up rig; Source: Valaris

Business Developments & Projects

UK firm dropping out of Shell’s North Sea gas discovery due to funding woes

Deltic Energy is exiting from a gas discovery in the Southern North Sea after its efforts to secure funds for its share of appraisal costs fell through.

about 2 years ago

Business Developments & Projects

Methanol-ready Mein Schiff 7 delivered

Finnish shipbuilder Meyer Turku has delivered Mein Schiff 7, a methanol-ready cruise ship, to German cruise line TUI Cruises.

about 2 years ago