Cadeler’s newbuild offshore wind installation vessel (WTIV) Wind Peak, designed to be able to transport and install up to seven complete 15 MW offshore wind turbine sets per load, has arrived to Rotterdam in the Netherlands, ahead of its first deployment…
Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia. The FPSO process has been widely used in the oil and gas industries…
BP, Equinor, Shell and TotalEnergies have joined forces to improve global access to energy, committing a joint investment of $500 million for key regions over the coming years.The funding supports the UN Sustainable Development Goal 7 (UN SDG7)…
Seatrium has delivered its fifth newbuild jack-up rig Var to Borr Drilling, nearly one year ahead of schedule.The successful delivery of Var marks the completion of the latest series of five B Class jack-up rigs that Seatrium has built for Borr Drilling…
Finnish engineering firm Cargotec said on Thursday it would sell its cargo handler business MacGregor to European private equity firm Triton in a deal valued at 480 million euros ($506 million), including debt.The deal would be pursued to help its on-road load handling business…
Ocean data technology specialist Terradepth has launched a cloud-native geospatial platform for its offshore energy clients, dubbed Absolute Ocean.Purpose-built to host complex maritime data, Absolute Ocean provides web-browser based access to ocean maps…
UAE’s clean energy powerhouse Masdar has signed a memorandum of understanding (MoU) with SOCAR Green and ACWA Power to develop 3.5 GW of offshore wind projects in the Azerbaijan section of the Caspian Sea.The potential projects would be Azerbaijan’s first offshore wind farms…
President-elect Donald Trump said on Thursday that North Dakota Governor Doug Burgum, a wealthy former software company executive, will be his pick for interior secretary.'He's going to head the Department of Interior, and it's going to be fantastic…
China's state-owned CHN Energy has begun power generation at a 1 gigawatt (GW) offshore floating solar park, according to a statement on the company's website on Wednesday.Developed by subsidiary Guohua Energy Investment Co, the park is 8 km…
GE Vernova’s offshore wind turbine manufacturing plant has fired or suspended several workers in Quebec after a company investigation found they took shortcuts on quality control, sources familiar with the matter told Reuters.GE Vernova launched the probe at the factory in Gaspe…
Malaysian offshore energy facilities provider Bumi Armada said on Thursday that it was in talks with MISC to explore a merger with the maritime conglomerate's offshore unit.In a Bursa Malaysia filing, Bumi Armada said they had entered into a…
TotalEnergies has announced plans to deploy real-time methane emissions detection equipment on all its operated upstream assets by the end of 2025.Since 2022, TotalEnergies has been pursuing its ambition to aim for near-zero methane operated emissions in 2030…
Norwegian shipowner Olympic has taken delivery of Olympic Notos, the second of two Construction Service Operation Vessels (CSOVs) built by Ulstein.The vessel is based on the SX222 design, and has now joined its sister vessel Olympic Boreas.The…
Woodside Energy has passed a major milestone for its operated Trion development offshore Mexico with the start of steel fabrication for the semi-submersible floating production unit (FPU).The first cutting of steel for the Trion FPU was marked…
Equinor has made an oil and gas discovery in the North Sea, off Norway, estimated at between 13 and 28 million barrels of oil equivalent.An exploration well with sidetrack has been drilled about 10 kilometers north of the Troll field in the North Sea…
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