Just days after taking delivery of its fourth multi-fuel Aurora-class pure car and truck carrier (PCTC), Norwegian shipping company Höegh Autoliners has secured two long-term contracts with two undisclosed ‘major international
Unfavorable price environment makes new gas discovery unprofitable
Norway’s oil and gas player Vår Energi, majority-owned by Italy’s Eni, has found more gas in the Barents Sea, thanks to the drilling operations, which were conducted with one of COSL
EMGS lands $10M deal for offshore survey in India
Norway’s Electromagnetic Geoservices (EMGS) has been awarded a contract for a controlled-source electromagnetic (CSEM) survey in India, with an estimated value of approximately $10 million.
DNV: New autonomous shipping class notation family sees light of day
Norway-based classification society DNV has launched a new family of class notations that aim to provide a framework for how remote/autonomous ships can achieve “equivalent or higher” safety compared to conventional
Trafigura wraps up ‘first-ever’ co-loaded ammonia and LPG shipment
Multinational commodity trading company Trafigura, in collaboration with ammonia producer CF Industries, has completed what is said to be the first-ever co-loaded ammonia and propane shipment operation from the U.S. to
Three Borr rigs hit the brakes on drilling ops in North America as new suspension comes
UK-headquartered offshore drilling contractor Borr Drilling has confirmed a temporary suspension of operations notice for a jack-up rig trio working off the coast of Mexico, North America.
SmartCap’s €5 million investment to support Elcogen’s growth
Estonian clean energy technology manufacturer Elcogen has secured a €5 million investment from SmartCap, a venture capital fund supporting Estonian greentech companies.
Product tanker deliveries to jump 256% in 2025
Product tanker newbuild deliveries are expected to reach 12 million deadweight tonnes (dwt) in 2025, with deliveries set to jump 256% compared to the 3.4 million dwt delivered in 2024, shipping
Reach Subsea takes delivery of first Reach Remote USV
Norway’s Reach Subsea has taken delivery of its first uncrewed surface vessel (USV), Reach Remote 1, marking the completion of technical installations, testing, and documentation.
Wired for the future: Port of San Diego secures $5M to supercharge zero-emission projects
The Port of San Diego has won a staggering $5 million grant from the San Diego County Air Pollution Control District (San Diego APCD) via the latter’s Clean Air for All
Ampereship, Ostseestaal to build fully electric ferry for Helgoland
German shipbuilder Ampereship and its affiliate Ostseestaal have been commissioned by the country’s offshore island Helgoland to develop and build an all-electric ferry.
$175M loan secured for NextDecade’s mega LNG project in Texas
Rio Grande LNG Super Holdings, a wholly-owned subsidiary of Houston-headquartered energy player NextDecade Corporation, has entered into a credit agreement with General Atlantic Credit’s Atlantic Park Fund. Part of the loan
- UK’s Hydrogen Energy Association appoints new CEO
- High demand brings TGS four acquisition projects offshore Norway
- University of Hawaii advances wave energy tech via TEAMER
- Japanese giant christens one LNG carrier and takes order for another
- Multimillion-dollar investment smoothing the way for Canada’s $9 billion LNG megaproject to reach FID
- Avina’s large-scale clean ammonia project in US gains ground