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Business & Finance

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GTT backs Energo’s solution for production of low-carbon fuels
Business & Finance

GTT backs Energo’s solution for production of low-carbon fuels

According to GTT, Energo’s solutions can contribute to the decarbonization of maritime transport through the production of low-carbon fuels.

about 2 years ago
Another local firm receives order for Norwegian ‘first of its kind’ energy subsea construction vessel
Business & Finance

Thruster package ordered for ‘first of its kind’ energy subsea construction vessel

Norwegian Myklebust Shipyard has awarded compatriot Brunvoll with a contract to deliver a thruster package for an energy subsea construction vessel (ESCV) it is building for REM Offshore. Brunvoll will deliver a thruster package consisting of two propulsion azimuth thrusters, two retractable azimuth

about 2 years ago
Lv Neng Ying LNG carrier; Source: China Shipbuilding Industry Association
Business & Finance

‘World’s first’ fifth-generation LNG carrier put to sea months earlier than planned

A new LNG carrier, built by Hudong-Zhonghua Shipbuilding, has been launched five months ahead of its contract period.

about 2 years ago
JERA
Business & Finance

JERA to invest $32 billion in LNG, renewables, hydrogen and ammonia by 2035

JERA has unveiled plans to invest around $32 billion in LNG, renewables, and hydrogen and ammonia by 2035.

about 2 years ago
'Major' energy company hires PGS
Business & Finance

New deal taking PGS to West Africa this September

Norway-headquartered seismic player PGS has won a new contract in West Africa with an undisclosed firm, which is said to be an international energy company.

about 2 years ago
Saipem wins $850 million contract with BP-Eni joint venture
Business & Finance

Saipem wins $850 million contract with BP-Eni joint venture

Italian oilfield services provider Saipem has secured a contract worth approximately $850 million to deliver subsea equipment for a field located offshore Angola. Saipem will perform the engineering, fabrication, transportation and installation of subsea facilities and approximately 60 kilometers of

about 2 years ago
Xin Guang Hua vessel transporting FPSO destined to work at Liuhua oilfield; Source: COSCO SHIPPING Heavy Transport
Business & Finance

Asia’s first cylindrical FPSO coming to work on Chinese oilfield

The loading operation of an FPSO, which is said to be Asia’s first cylindrical FPSO, has been wrapped up by a semi-submersible heavy lift vessel.

about 2 years ago
COSL Promoter; Source: COSL Drilling Europe
Business & Finance

COSL Drilling hands out multi-million assignment to Odfjell Technology

The UK’s Odfjell Technology has inked a long-term deal for the provision of tubular running services with COSL Drilling Europe.

about 2 years ago
Three European countries planning to develop hybrid electricity interconnector
Business & Finance

Plan unveiled for Europe’s first hybrid electricity interconnector between three countries

Belgium, Ireland and the UK have signed a joint statement to increase their cooperation on renewables and interconnection opportunities, as well as a letter of agreement on the development of what is said to be Europe’s first planned hybrid electricity interconnector between three countries. The joi

about 2 years ago
FPSO Atlanta; Source: Yinson Production
Business & Finance

Yinson Production’s Brazil-bound FPSO reaches its destination

An FPSO has come to Brazil, where anchoring operations are in progress to enable the unit to work at an oil field in the Santos Basin.

about 2 years ago
West Tucana jack-up rig; Source: Seadrill
Business & Finance

Seadrill parting with three jack-up rigs for $338 million

Seadrill is in the process of disbanding Gulfdrill LLC, thanks to a deal to sell three jack-up rigs, which are working in Qatar, to its joint venture partner.

about 2 years ago
New solution recycles free seismic data to help wind farm developers
Business & Finance

New solution recycles free seismic data to help wind farm developers

UK-headquartered Ocean Geophysics has introduced a solution that recycles and reprocesses freely available seismic data with the aim of helping developers reduce cost and risk when deciding which wind farms to bid for. In Europe and Australia, historical seismic data – for example from offshore oil

about 2 years ago
Cormorant Alpha topsides; Source: TAQA
Business & Finance

AquaTerra rakes in seven-figure sum thanks to four decom gigs

The UK’s AquaTerra Group has won four deals for decommissioning projects, said to be valued in the million-dollar price range.

about 2 years ago
Claire Mack, CEO of Scottish Renewables at stage
Business & Finance

Scottish Renewables CEO: Marine energy industry will play key role in UK energy system

The Chief Executive Officer (CEO) of Scottish Renewables has commented on the marine energy sector’s progress toward commercialization, explaining that the marine energy industry will play a key role in the UK energy system.

about 2 years ago
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