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Business & Finance

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7-Waves survey vessel; Source: N-Sea
Business & Finance

Following vessel conversion, N-Sea kicks off survey for multi-billion dollar gas pipeline project in Africa

N-Sea has started survey activities to support the development of the Nigeria-Morocco Gas Pipeline (NMGP) project.

about 3 years ago
Calypso cable-laying vessel; Source: Van Oord
Business & Finance

Van Oord’s new cable-laying vessel comes to Dutch shores

Van Oord has taken delivery of the newest member of its fleet, a next-generation, cable-laying vessel, which arrived in the Netherlands.

about 3 years ago
methanol-powered feeder
Business & Finance

World’s 1st methanol-powered boxship completes Europe’s inaugural methanol bunkering on final leg to Copenhagen

Slowly but surely the world’s first containership powered by green methanol is making its way from South Korea to its final destination of Copenhagen where it will be christened in September. The 2,100 TEU boxship, built by Hyundai Mipo Dockyard, has arrived in the Port of Rotterdam, the final stop

about 3 years ago
methanol powered tanker
Business & Finance

OceanPal becomes partner in a deal for methanol-ready tanker newbuilding pair

Nasdaq-listed shipowner OceanPal Inc. announced that it is investing in a Norwegian entity, RFSea Infrastructure II AS, that will construct two methanol-ready, stainless steel chemical tankers. The two 600 dwt chemical tankers, ordered under two separate contracts, will be built at China’s Wuhu Ship

about 3 years ago
VLCC CMES
Business & Finance

CMES poised to order methanol-powered VLCC

The Board of Directors of China Merchants Energy Shipping (CMES) has voted in favor of constructing a new methanol dual-fuel Very Large Crude Carrier (VLCC). The construction of the vessel, which would be the world’s first methanol-powered VLCC, is expected to take place at Dalian Shipyard and the p

about 3 years ago
Illustration; Source: Shell
Business & Finance

Shell hires Seatrium for deepwater Gulf of Mexico project

Shell has inked a letter of intent (LOI) with Seatrium for an FPU, which will be deployed at a deepwater project in the U.S. Gulf of Mexico.

about 3 years ago
Illustration OOCL
Business & Finance

COSCO Shipping and OOCL rally behind accelerated shore power infrastructure development

COSCO SHIPPING Lines CO., COSCO SHIPPING Ports and Orient Overseas Container Line (OOCL) have teamed up in a joint initiative to advocate for the widespread adoption of shore power technology. The partnership is being forged at a critical juncture as global efforts intensify to achieve “carbon emiss

about 3 years ago
Illustration; Source: Borr Drilling
Business & Finance

More work in West Africa for two Borr Drilling jack-up rigs

Borr Drilling has secured a letter of award (LOA) for two premium jack-up rigs with an undisclosed company in West Africa.

about 3 years ago
WaveRoller wave energy device in operation (Courtesy of AW-Energy)
Business & Finance

AW-Energy hops on Halliburton Labs Clean Energy Accelerator

AW-Energy, a Finnish near-shore wave energy technology developer, has joined the Halliburton Labs Clean Energy Accelerator program, gaining access to broad range of know-how to scale up its business.

about 3 years ago
FPSO Cidade de Vitória; Source: Saipem
Business & Finance

Two oil and gas clusters off Brazil change hands

BW Energy has brought to a close the acquisition of two clusters in the Espírito Santo Basin offshore Brazil.

about 3 years ago
Wärtsilä rolls out onboard carbon capture and storage feasibility studies
Business & Finance

Wärtsilä rolls out onboard carbon capture and storage feasibility studies

Technology group Wärtsilä has added carbon capture and storage (CCS) feasibility studies to its portfolio of products intended for shipowners and operators. The company has already conducted a number of studies on a range of vessel types including ro-ro and ro-pax vessels, a drill ship, a container

about 3 years ago
Expro Group
Business & Finance

New acquisition enriches Expro’s subsea well access offering in Americas

Expro has entered into a definitive agreement to acquire the Houston-based offshore services provider, PRT Offshore, which will enable it to enhance its portfolio of services and solutions within the subsea well access sector in North and Latin America (NLA).

about 3 years ago
Illustration of USV; Source: Remota
Business & Finance

Remota hand-picked to operate and manage newbuild unmanned surface vessel

Remota has been contracted by USV to operate and manage remotely controlled offshore operations for its first newbuild USV.

about 3 years ago
SM JEJU LNG 2 bunkering vessel
Business & Finance

LNG-bunkering vessel cleared for autonomous navigation

SM Korealine Co., a shipping unit of South Korea’s SM Group, revealed on Monday that its subsidiary Korealine LNG has received official authorization from its flag state of Panama for autonomous sailing operations of its liquefied natural gas (LNG) bunkering ship, named the SM Jeju LNG 2. The LNG bu

about 3 years ago
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