Finland’s pension insurance company Varma Mutual Pension Insurance Company has agreed to co-invest €15 million alongside OP Finland Infrastructure LP in compatriot shipping company ESL Shipping, a subsidiary of Aspo Plc.
CRP Subsea has tucked a new contract under its belt for an ultra-deepwater oil field development project in the U.S. Gulf of Mexico.
Germany and Algeria have signed a declaration of intent to establish a bilateral hydrogen task force as part of their energy partnership. Furthermore, there are plans for a hydrogen pilot plant installation. According to the German Federal Ministry for Economic Affairs and Climate Action (BMWK), the
Shell is set on employing a cloud-based master data build and optimization software from ABL across various new projects to achieve asset management efficiencies.
DNV has taken steps to undertake a significant revamp of the standard used for the design and planning of marine operations.
Terna and the European Investment Bank (EIB) have inked a deal for the final tranche of the €1.9 billion financing for the Tyrrhenian Link.
Diamond Offshore has secured a new job in the UK sector of the North Sea and a contract extension in the U.S. Gulf of Mexico.
China’s oil and gas giant China National Offshore Oil Corp. (CNOOC) has rolled out the country’s first locally-made subsea Xmas tree. CNOOC reported that the first China-produced subsea Xmas tree was officially put into use on February 6. The subsea tree is 3.5 meters long, 3.2 meters wide, and 3 me
As Ocean Installer pools resources with ALP Maritime Services, the collaboration puts three new vessels at its disposal.
Tower Resources has secured a license extension of the first exploration period of a production-sharing contract (PSC) related to an asset offshore Cameroon.
Ciel & Terre has completed the anchoring and is assembling the floating system for the Saint Savin floating solar project in Isère, France. The Saint Savin is an 11 MWp floating solar project being developed by Énerg’isère and EGREGA on a gravel pit. Currently, the team is progressing with the proj
Harbour Energy has inked a five-year master service agreement, covering three production assets in the UK North Sea, to EthosEnergy.
Danish shipping and logistics major A.P. Møller – Mærsk A/S (APMM) has decided to initiate the separation of its towage and marine services activities in Svitzer A/S through a demerger.
UK-headquartered Baron Oil has wrapped up the sale of a partial interest in a gas field offshore Timor-Leste to Timor Gap.
