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Business & Finance

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Offshore WindSubseaSurveys & InterventionsWind FarmsBusiness Developments & ProjectsEnergy Efficiency & InnovationEnergy TransitionGreen MarineCollaborationEnvironmentEquipmentInnovationOutlook & StrategyProject & TendersTechnologyTransitionVesselsVisionClean FuelFossil EnergyLiquefied Natural GasOil & GasOther FuelsSeismicAlternative FuelsLNGShipbuildingVessels & VehiclesInfrastructureRigsExploration & ProductionBiofuelsMethanolPropulsion
US company granted offshore wind survey license in Vietnam
Business & Finance

US company granted offshore wind survey license in Vietnam

U.S.-based Pacifico Energy has received a site survey license for a 500 MW offshore wind project in Ba Ria–Vung Tau, offshore Ho Chi Minh City, Vietnam. The license, granted by Vietnam’s Ministry of Agriculture and Environment (MAE), allows the company to carry out site survey assessment activities

about 5 months ago
‘World’s first’: Methane removal system debuts at sea
Business & Finance

‘World’s first’: Methane removal system debuts at sea

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A U.S.-UK partnership has launched what is said to be the first-ever pilot project that will see the extended at-sea trial of a system designed to remove methane during normal ship operations. California-headquartered climate technology company Bennu Climate and Lomarlabs, an innovation arm of Lomar

about 5 months ago
Crowley's American Energy, said to be the first U.S. LNG carrier to supply Puerto Rico with U.S.-sourced energy; Source: Crowley
Business & Finance

Vessel brings over half a billion gallons of US LNG to Puerto Rico

A vessel, described as the first U.S.-flagged liquefied natural gas (LNG) carrier dedicated to serving Puerto Rico, has transported more than 500 million gallons to the North American country during its first year of operation, according to Crowley, a U.S.-owned and operated maritime, energy, and lo

about 5 months ago
TGS to support exploration activity in Equatorial Guinea with seismic data
Business & Finance

TGS to support exploration activity in Equatorial Guinea with seismic data

Norwegian energy data and intelligence company TGS has signed a strategic agreement with the Republic of Equatorial Guinea for the acquisition, processing, reprocessing and promotion of seismic and geophysical data across the country’s offshore basins. TGS announced on April 16 that it will deliver

about 5 months ago
Naming Ceremony of Harmonic Breeze LNG carrier; Source: Inpex
Business & Finance

Catching the Harmonic Breeze: Inpex charts LNG fleet’s course with new carrier

Inpex Shipping, a wholly-owned subsidiary of Japan’s Inpex, has sealed a deal with MOL Encean, a subsidiary of Mitsui O.S.K. Lines (MOL), to expand its liquefied natural gas (LNG) fleet with a new vessel for which a naming ceremony has now been held in South Korea.

about 5 months ago
Fugro unveils new ROV test pool in Singapore
Business & Finance

Fugro unveils new ROV test pool in Singapore

Dutch Fugro has opened a new remotely operated vehicle (ROV) test pool in Singapore, which will help its teams identify and resolve technical issues early, validate performance against design requirements, and optimize procedures before mobilization. According to Fugro, the facility provides a contr

about 5 months ago
Deepwater Asgard drillship; Source: Transocean
Business & Finance

Transocean scores 390-day Mediterranean Sea job for 2014-built drillship

Switzerland-based offshore drilling contractor Transocean has won a multimillion-dollar assignment for one of its ultra-deepwater drillships in the Eastern Mediterranean Sea.

about 5 months ago
Shelf Drilling Scepter rig; Source: Shelf Drilling
Business & Finance

ADES gets hold of three new jack-up jobs and rig deal extension in Nigeria

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has obtained multi-year assignments for three premium jack-up rigs and a contract extension for one drilling unit off the coast of Nigeria.

about 5 months ago
LD Armateurs to offer turnkey subsea solutions with new addition to fleet
Business & Finance

LD Armateurs to offer turnkey subsea solutions with new addition to fleet

LD TravOcean, a subsidiary of Louis Dreyfus Armateurs (LD Armateurs), has acquired the DP2 multipurpose support vessel SIDDIS Mariner, which will be renamed TVO Mariner and support the company’s operations across several sectors, including offshore wind. The vessel is already familiar to LD TravOcea

about 5 months ago
Imabari Logger
Business & Finance

Vessel order change: 4 conventional Ultramax and 6 Handysize newbuildings on shipbuilding menu

Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping has opted to make adjustments to its fleet expansion program, replacing its two previous vessel orders to secure six Handysize vessels and four conventional Ultramax newbuilds, with an option to acquire two dual-fuel Ultramax

about 5 months ago
Schottel equips two Spanish hybrid tankers with propulsion
Business & Finance

Schottel equips two Spanish hybrid tankers with propulsion

German propulsion system manufacturer Schottel is set to deliver the propulsion package for a second hybrid chemical tanker owned by Spanish shipowner Mureloil that transports biofuels and methanol. The propulsion is destined for the 8,000 DWT hybrid chemical tanker Bahía Beatriz, built by Spanish s

about 5 months ago
Illustration. Source: BOEM
Business & Finance

Shipyard-based rig intake and inspection gigs on ModuSpec’s worksheet

MR Group’s ModuSpec, a rig and well control equipment specialist, has secured multiple shipyard rig intake projects, supporting drillship and jack-up readiness for deployment across Europe and Africa.

about 5 months ago
Troll - Equinor
Business & Finance

New item added to Axess’ Norwegian oil & gas assignment with Equinor

Norway-headquartered asset integrity management company Axess Group has expanded its deal with Equinor, a compatriot state-owned energy giant, to include an additional scope of work in the Norwegian sector of the North Sea.

about 5 months ago
Rig move; Courtesy of ABL Group
Business & Finance

ABL and PetroSafe pool resources in Egyptian energy landscape

ABL, part of Oslo-listed global consultancy group ABL Group, has joined forces with Egypt’s Petroleum Safety and Environmental Services Company (PetroSafe) to collaborate on technical performance solutions across Egyptian onshore and offshore energy assets.

about 5 months ago