Business & Finance
Global Ship Lease adds 12 boxships
London-based containership charter owner Global Ship Lease (GSL) has signed a deal to buy twelve secondhand containerships from Borealis Finance LLC.
Valaris drillship lands three-year job with Chevron
Valaris has been awarded a contract with Chevron in the U.S. Gulf of Mexico. This is the rig owner’s second contract in less than ten days.
OPT to transfer to NYSE American stock exchange
US-based marine energy company Ocean Power Technologies (OPT) is set to change its listing from the Nasdaq Capital Market to the NYSE American stock exchange. The last day of trading on the Nasdaq Capital Market is expected to be 17 June, while OPT expects to commence trading as an NYSE American-lis
Sterling PlanB and ICE Marine Design partner on ESS adoption
Canadian energy storage company, Sterling PlanB, and independent ship design group, ICE Marine Design, have signed a cooperation agreement to increase the uptake of energy storage systems (ESS).
Seatronics and SES team up to increase subsea equipment rental reach
Subsea equipment rental company Seatronics, an Acteon company, and hydrographic equipment provider Subsea Europe Services (SES) have signed a reseller agreement to expand subsea equipment rental reach.
First steel cut for Equinor’s giant Bacalhau FPSO topsides
BOMESC has cut the first steel for the topside modules for Equinor’s FPSO, which will operate on the Bacalhau field offshore Brazil.
SCF inks time-charter contracts for two LNG-fueled tankers
Rusia’s largest shipping company Sovcomflot (SCF Group) and LNG supplier Sakhalin Energy have signed long-term time-charter contracts for two existing LNG-fuelled tankers of SCF’s Green Funnel series.
More work for Floatel as Chevron calls in for Gulf of Mexico gig
Floatel International has been awarded a contract by Chevron for accommodation services on a field development in the U.S. Gulf of Mexico.
GasLog goes private
Greek LNG shipper GasLog reveals its shareholders have voted to approve the proposed transaction with an affiliate of New York-based investment giant BlackRock.
Norway to open new offshore wind lease areas
Norway will open up new areas for the development of offshore wind projects, the country’s Minister of Petroleum and Energy Tina Bru said. The move is a response to the demands from the local industry which last year recorded an NOK 11 billion (around €1.1 billion) international turnover in goods an
Sonardyne sets goal to become carbon neutral by 2026
UK marine technology company Sonardyne has set the goal to reach net zero by the end of 2025, becoming the first company of its type in the UK subsea industry to set such an ambitious target. The goal covers direct and indirect emissions, including those associated with manufacturing, as well as sup
Ocean Infinity continues acquisition spree, buys UK maritime firm
Marine robotics company Ocean Infinity has purchased the UK-based maritime services company, Ambrey.
TotalEnergies mulls early production system to speed up South Africa project
JV partners on Block 11B/12B offshore South Africa, operated by TotalEnergies, are assessing the feasibility of an early production system.
Aker Solutions delivers fourth Johan Sverdrup jacket
Aker Solutions has delivered yet another steel substructure for the largest industrial project ever in Norway, Equinor’s Johan Sverdrup field.