
Ocean Installer, part of the Moreld Group, has moved to the final stage of its subsea scope for a giant new floating production, storage, and offloading (FPSO) vessel, which is slated to start its three-decade job next quarter at a large oil project in the Barents Sea off the coast of Norway.

Wärtsilä and Chevron are teaming up on converting one engine on six of Chevron Transport Corporation’s liquefied natural gas (LNG) carriers in a bid to reduce their methane emissions.