Business & Finance
Frontline: 65pct of our fleet will be scrubber fitted
Norwegian tanker shipping heavyweight Frontline is poised to have exhaust gas cleaning systems installed on over half of its fleet of over 70 ships. The company’s owned fleet included 37 scrubber-fitted vessels at the end of the third quarter of 2022, including 15 VLCCs, 19 Suezmax tankers and three
Chinese partner pays nearly $2 bln to Petrobras to raise its stake in Brazilian field
Petrobras has received almost $2 billion from CNOOC, which the Chinese firm paid to acquire an additional interest in the Búzios field.
Are U.S. offshore oil & gas assets in danger of cyberattacks?
GAO believes that further actions are needed to address the growing cybersecurity risks that over 1,600 offshore facilities are facing.
Anemoi to continue testing its rotor sails in Port of Blyth
Wind-assisted propulsion provider Anemoi Marine Technologies has extended the lease for their land-based Rotor Sail test facility at the Port of Blyth, the UK. The port, which is a major offshore energy support base, has hosted Anemoi’s test facility for 10 years. The location obtains similar wind c
Regulator puts the breaks on Noble rig’s drilling gig off Australia to prevent ‘major accident with serious injury’
NOPSEMA has put a stop to Santos’ drilling ops on a gas field off Australia by issuing a prohibition notice for the Noble-owned jack-up rig.
Stena Line, Nowhere Networks strike world’s largest maritime high-speed internet deal
Swedish ferry company Stena Line has chosen high-tech company Nowhere Networks to fit fast internet connection on board 32 of its ships. Project implementation has already started and it is expected to be completed by the beginning of next year, the ferry operator said. The total distance of the rou
Reach Subsea buys one vessel and charters another to ‘take advantage of the growing demand’
Reach Subsea has inked an agreement to acquire one of the Østensjø Rederi-owned multipurpose ROV support vessels.
CSSC kicks off major engine development project targeting green fuels
China State Shipbuilding Corporation (CSSC) has launched a major project targeting the acceleration of the development of green marine engines capable of running on methanol, ammonia, and hydrogen. The project was kick-started with the first meeting on November 28 in Shanghai. With this project, CSS
Norwegian firm selling vessel to boost liquidity
Norway’s Golden Energy Offshore Services (GEOS) has inked a deal to sell one of its PSVs to a buyer, whose identity has not been disclosed.
Aker BP gearing up to drill North Sea well
Aker BP has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Saipem’s semi-submersible rigs.
More Gulf of Mexico work for Seadrill rig with oil & gas buoying ‘strong demand’ for offshore drilling
Seadrill has secured a contract extension for one of its drillships, which will continue to carry out operations in the U.S. Gulf of Mexico
First gas flows from BP’s ‘biggest offshore facility’ in Trinidad and Tobago
BP’s subsidiary, bp Trinidad and Tobago (bpTT), has started production from its Cassia C development project offshore Trinidad and Tobago.
Cemre Shipyard lays keel for Norwegian zero-emission battery ferry
Turkish Cemre Shipyard has launched the construction of a zero-emission double-ended car and passenger ferry that will run on battery-electric power. The construction start was marked with a keel laying ceremony at the yard held on Tuesday, November 29 jointly with Norwegian ferry company Torghatten
New job for UK firm on SBM Offshore’s largest FPSO to date
UK-based Amarinth, has won an order from VWS Westgarth for two titanium pumps, which will be used aboard SBM Offshore’s FPSO One Guyana.