Korean company LS Marine Solution and Taiwan’s Dong Fang Offshore (DFO) have entered into a memorandum of understanding (MOU) which will see LS Marine chartering a service operations vessel (SOV) from DFO and participating in offshore wind project bidding in South Korea. According to LS Marine Solut
Brazil’s state-owned energy giant Petrobras has revised its capex projection for 2024 to reflect its anticipated expansion of operations in the oil and gas exploration and production (E&P) segment.
The addition of new environmentally friendly vessels has helped German container shipping major Hapag-Lloyd counteract the prolonged capacity bottleneck caused by geopolitical tensions.
Finnish fuel supply and distribution company NEOT has extended charter contracts for six vessels owned by shipping company Terntank.
ONE-Dyas is setting the stage for the final leg of its journey toward the first natural gas production at its recently installed platform in the North Sea.
N-Sea Group’s recently launched dedicated subsea cable repair and installation vessel has completed its first cable replacement project and is carrying out another one for the same client. N-Sea and its partner Neptune Marine Service converted the anchored barge NP-459 into a dedicated cable repair
Arrow Energy, a joint venture (JV) between UK’s energy giant Shell and PetroChina, a subsidiary of state-owned China National Petroleum Corporation (CNPC), is planning to develop Phase 2 of its gas project in Queensland, Australia.
The high-voltage direct current (HVDC) underwater and underground power cable project that will connect the Canadian border and New York has celebrated another construction milestone as cables have been floated across the U.S.-Canadian border marking the official start of marine installation work in
HD Hyundai’s marine solutions arm has been hired by a European shipping player to undertake its first conversion of an LNG carrier into an LNG FSU.
Five rig-owning titans – Transocean, Valaris, Noble, Seadrill, and Diamond Offshore -which are seen as the crème de la crème of the offshore drilling contractors, have managed to increase their combined total backlog to a whopping $21.8 billion.
Despite prolonged disruptions in the container shipping industry, Taiwanese shipping company Yang Ming has reported a profitable second quarter of 2024 and unveiled further ship acquisitions to meet its emission reduction targets.
Navigator Gas has entered into a secured term loan and revolving credit facility with Credit Agricole Corporate and Investment Bank, ING Bank and Skandinaviska Enskilda Banken.
Three UK companies have deployed three subsea battery-powered control systems offshore Canada that are said to maintain the integrity of the subsea electrical infrastructure when topside electrical power is unavailable.
Pertamina’s subsidiary PGN has penned two documents related to the sale of LNG with Indonesian firm Donggi-Senoro LNG (DS LNG).
