The global containership orderbook hit a new record in 2024 as the sector prepares to replace aging ships that are not compliant with new environmental regulations. On the other hand, the
Kongsberg Discovery expands with purchase of subsea monitoring provider
Norway’s Kongsberg Discovery, Kongsberg Gruppen’s business area for robotics and sensor technology, has acquired compatriot Naxys Technologies, a provider of underwater environmental monitoring solutions, specializing in recognizing the sound of oil
COSCO blacklisted: Sanctions signal new front in US-China (maritime) rivalry
China’s state-owned COSCO Shipping Holdings has been placed on the US Department of Defense’s (DoD) sanctions list, together with 130 other Chinese companies, for their alleged ties to the country’s military.
ADNOC L&S acquires 80% stake in Navig8 for $1.04 billion
In a deal worth $1.04 billion, ADNOC Logistics and Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), has acquired an 80% stake
ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025
With nearly $55 billion committed to the development of six government-sanctioned projects, ExxonMobil Guyana, a subsidiary of America’s oil major ExxonMobil, is going to remain hard at work during 2025 to develop
Batch of onshore and offshore drilling jobs brings $513 million to KCA Deutag
UK-based drilling, engineering, and technology services company KCA Deutag has landed new multimillion-dollar drilling assignments and extensions across the Middle East, Africa, Latin America, and the UK.
NuProShip project aims to enliven nuclear propulsion in deep sea shipping
Three different nuclear reactor concepts within the Generation IV domain are being studied as part of the Norwegian Nuclear Propulsion in Shipping (NuProShip) project which explores nuclear propulsion for the maritime
Galp looking for new leader as CEO steps down ‘for family reasons’
Chief Executive Officer (CEO) and Vice-President of the board of directors of Portugal’s oil and gas company Galp has tendered his resignation from both positions.
TRIG to provide renewable electricity for hydrogen project in Port-La Nouvelle
The Renewables Infrastructure Group (TRIG), a renewable energy infrastructure investment company, has entered into a power purchase agreement (PPA) to supply Hyd’Occ, a green hydrogen facility in Port-la Nouvelle, France, with
With first bunkering operation under the belt, Monjasa pioneers LNG as marine fuel in UAE
Following the charter of its first dedicated LNG bunker vessel for the United Arab Emirates’ (UAE) market, marine fuels supplier Monjasa has now completed the region’s first LNG bunkering operation.
LS Cable & System finalizes ‘Korea’s largest’ subsea cable project
South Korea-based cable manufacturer LS Cable & System has completed the construction of Korea’s first land-Jeju voltage-type high-voltage direct current (HVDC) transmission system, establishing an undersea power link between Wando, Jeollanam-do,
DeepOcean to reunite with high-spec subsea vessel under new charter contract
DeepOcean is reuniting with the high-spec subsea vessel Orient Adventurer under a charter contract with Taiwanese Dong Fang Offshore (DFO) which will see the vessel join the Norwegian company’s fleet from
- Towing toward zero: Svitzer’s carbon insetting solution makes Australian debut with Höegh Autoliners
- International e-NG alliance expands with nine new members
- Allseas delivers 700-kilometer natural gas pipeline off Mexico
- Port of Açu and Yamna earmark land for 1 mtpa green ammonia plant
- First oil from ‘world class’ Gulf of Mexico project on track for mid-2025 as FPU nears completion
- Phased FPSO restart underway as COSL prepares to drill next well in North Sea