Luxembourg-based Subsea7 has been awarded a “substantial” contract from Beacon Offshore Energy for a subsea tieback development in the U.S. Gulf of Mexico, with the deal valued between $150 million and $300 million. According to Subsea7, the scope of work encompasses engineering, procurement, constr
Finnish technology company Hycamite TCD Technologies, MOL PLUS, a subsidiary of Japanese shipping major Mitsui O.S.K. Lines (MOL), and MOLEA, MOL’s London-based business, have signed a Memorandum of Understanding (MoU) to promote the application of methane splitting for the shipping sector.
