Business & Finance
CMA CGM welcomes final LNG-powered ULCV
CMA CGM Sorbonne, the last LNG-fueled, 23,000 TEU containership out of a series of nine giant boxships being built in China, has been delivered to French shipping major CMA CGM.
Horisont Energi inks LOIs for commercial carbon storage
Norwegian carbon tech company and driving force behind the Polaris carbon capture and storage project Horisont Energi has signed several letters of intent with major European companies, continuing its steady progress towards commercial carbon storage off the coast of Norway.
Solstad and Havfram continue Normand Vision deal
Solstad Offshore has secured a contract with Havfram, formerly known as Ocean Installer, for the construction support vessel (CSV) Normand Vision. The contract will commence in direct continuation of present agreement in place between the two companies. The firm period of the contract covers the maj
Valaris scores jack-up extension in Saudi Arabia
Offshore drilling contractor Valaris Limited has been awarded an extension for one of its jack-up drilling rigs in Saudi Arabia.
Yara Marine pens scrubber retrofit deal with Berge Bulk
Norwegian provider of exhaust gas cleaning systems Yara Marine Technologies has secured a new retrofit deal with bulker owner and operator Berge Bulk for additional in-line scrubbers. The companies have already cooperated on scrubber installations with Yara Marine already having installed in-line sc
Jack-up rig selected to drill Buffalo well in October
Carnarvon Petroleum has confirmed that a drilling rig has been selected for the Buffalo-10 well, located offshore Timor-Leste.
Nova Innovation, Sabella join forces to progress tidal power in UK and France
Scottish tidal energy developer Nova Innovation and its French counterpart Sabella have signed a memorandum of understanding (MoU) to accelerate development of their tidal energy sites in UK and France.
Winds of change
The winds of change are coming for energy transition – but are they moving as fast as they could be?
HMM splashes $1.57 bn on twelve LNG-ready boxships
South Korean shipping heavyweight HMM has signed newbuilding contracts with compatriot builders Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai Heavy Industries (HHI) for twelve 13,000 TEU container vessels, worth $ 1.57 billion. Under the agreement, DSME and HHI will build six vessels,
Green light for Equinor’s $2.2 billion project in North Sea
Equinor’s plan for development and operation (PDO) of the Breidablikk field in the North Sea has been approved by Norwegian authorities.
Saipem rents ex-Ocean Rig drillship from Samsung Heavy
Saipem has signed a bareboat charter contract with Samsung Heavy for a new drillship, which will be delivered later this year.
Monjasa expands supply services across all RAK Ports
Denmark-based bunker supplier Monjasa has partnered up with RAK Ports, to support the increasing demand for fuel supply in the Middle East.
SEACEF invests in Vietnamese floating solar and storage project
Clime Capital, a Singapore-based investment management company in charge of SEACEF funding, has invested in the development of a floating solar and storage project in Dong Nai Province in Vietnam.
Allseas vessel delivers Morecambe Bay platforms to CessCon yard for decom
CessCon Decom has taken delivery of the DP3 and DP4 platforms from Spirit Energy’s Morecambe Bay development in the East Irish Sea.