As part of its growth and expansion plans aimed at strengthening the fleet and meeting increasing demand in the offshore sector, Italy-headquartered Next Geosolutions (NextGeo) has acquired another vessel, to be

Classification society American Bureau of Shipping (ABS), Singapore’s shipowner Pacific Carriers Limited (PCL) and shipbuilder PaxOcean have agreed to collaborate on developing retrofit strategies to support maritime decarbonization targets.

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), a shipbuilding intermediate holding company of HD Hyundai, has obtained approvals in principle (AiPs) from four major classification societies, Lloyd’s Register (LR), the

Italian shipbuilder Fincantieri and compatriot Hera Group, a multi-utility company operating in the environment, energy, and water sectors, have established CircularYard, a joint venture to create an “innovative” waste management system

Indian green hydrogen and ammonia producer AM Green has joined forces with UAE-based logistics group DP World to develop a sustainable supply chain for green fuels and chemicals.

Italy’s engineering, drilling, and construction services giant Saipem has disclosed progress in bringing a jacket for an Angola-bound offshore platform to life. The platform, set to be used on a natural

AIM-listed and Canada-headquartered oil and gas company Eco (Atlantic) Oil & Gas has completed the transaction with compatriot Africa Oil Corp. enabling the latter’s subsidiary to increase its stake in a

Norwegian company Nel has decided to temporarily halt production at the alkaline electrolyzer production facility in Herøya, Norway.

Underwater solutions company SMD has teamed up with UK-headquartered tech player Beam to deploy AI-powered autonomous vehicles for offshore wind operations using Beam’s software. The collaboration aims to boost efficiency in

As part of its commitment to building a ‘future-ready’ fleet, the UK-based shipowner and provider of marine engineering services James Fisher and Sons plchas placed an order for four LNG dual-fuel

A new investment shot to be poured into Yinson Production, the floating production storage and offloading (FPSO) business arm of Kuala Lumpur-based energy infrastructure and technology company Yinson, has been secured

Murphy Cuu Long Tay Oil, a subsidiary of Houston-based oil and gas company Murphy Oil, has drilled an exploration well and struck oil in a block situated in the Cuu Long