The fervent contest to secure ownership of South Korea’s premier shipping enterprise, HMM Co., has recently taken a compelling turn with the entry of Hapag-Lloyd AG, Germany’s foremost container shipping powerhouse. Hapag-Lloyd, Germany’s most prominent and the fifth largest global player, stood as
Saipem has confirmed the timeline for closing its divestment process related to an FPSO working in the Espírito Santo Basin offshore Brazil.
Oman LNG has signed binding term sheet agreements with Shell International Trading Middle East FZE and OQ Trading for the supply of more than 1.5 million tonnes per annum (mtpa) of LNG. The company announced the signing of the two agreements on 30 August via social media update. The first agreement
Solstad Offshore is experiencing a prolonged spell of success, demonstrated by the latest batch of contracts for six vessels in its fleet.
Sercel, a CGG group company, has unveiled a data-driven solution for marine seismic survey planning and management related to E&P projects.
Offshore drilling contractor Transocean has secured a long-term deal for one of its ultra-deepwater drillships for work offshore India.
Prominent American financial institution JP Morgan has placed an order for two advanced dual-fuel methanol carriers with China’s Guangzhou Shipbuilding International (GSI). The two methanol-powered product tankers each boast a capacity of 50,000 deadweight tons (dwt), according to the data from Athe
Aker BP, Aker Solutions, and Subsea 7 have started the work on the first of three seabed installations for huge oil & gas projects.
MAN Energy Solutions has been hired to provide seven compressor units for three new offshore oil and gas production platforms.
Woodside has received a stamp of approval from the Mexican regulator, Comision Nacional de Hidrocarburos (CNH), for a field development plan (FDP) covering a deepwater oil project in the Perdido basin in the Gulf of Mexico.
TGS is working on securing an award for multi-year ocean bottom node (OBN) projects in the Gulf of Mexico with an undisclosed company.
PGS, together with JV consortium partners TGS and SLB, has secured pre-funding to expand the multi-client 3D coverage in the Sarawak Basin, offshore Malaysia, which supports the rising interest in oil and gas exploration within this region.
Hong Kong-based Cido Shipping has placed orders for a series of twelve bulk carriers at Chinese shipyards as part of a major fleet renewal push. The order has been divided across three shipyards, with each shipyard entrusted with the construction of four ships. The first quartet will be constructed
German energy supply company EnBW Energie Baden-Württemberg has entered into an investment agreement with Skipavika Green Ammonia (SkiGA), which is said to be one of Europe’s most advanced projects for emission-free ammonia production, in Western Norway. Under the agreement, EnBW will acquire a 10%
