Japanese shipping major Mitsui O.S.K. Lines (MOL) has unveiled a number of new restructuring measures effective April 1, 2020.According to a press release, the marine transportation provider intends to establish three new divisions and integrate its two tanker divisions to achieve synergy…
Canadian international oil and gas production company Zenith Energy has established a Norwegian subsidiary - Zenith Norway - as a precursor to securing its first acreage off the country. Zenith said it intends to use Zenith Norway as a vehicle…
The developer of renewable and sustainable energy projects, Simec Atlantis Energy, has hailed progress at its MeyGen project – announcing that its 2019 performance represents a record period of uninterrupted generation from a tidal turbine venture of its kind…
Norwegian offshore services and supply vessel company Solstad Offshore has renewed its connectivity contract with Marlink, committing 65 offshore vessels to Sealink, Marlink’s high-throughput Ku-band VSAT service. Solstad’s vessels will be provided…
The Central American and Caribbean specialist exploration company CaribX said that it is increasing its share of the Main Cape Operating contract in Honduras.Following government approval CaribX will hold a 55% interest in the highly prospective licence area…
The national oil company of Senegal, Société des Pétroles du Sénégal (PETROSEN) officially launched the country’s First Offshore Licensing Round at the Mauritania-SeneGambia-Bissau-Conakry (MSGBC) Basin. The licensing round comprises 12 blocks on offer in the MSGBC basin…
Mexican E&P company Grupo R has informed that its newbuild jack-up rig Cantarell III has arrived from Singapore to Mexico ahead of a new contract, which is set to start in March 2020.The Mexico’s energy services provider said in a press note that after a 45-day trip from Singapore…
The Miros RangeFinder sea state monitoring sensor has been certified with Atex IEC Ex for use in Zone 1, clearing it for use in explosive atmospheres. This breakthrough opens for unrestricted use of RangeFinder in offshore oil and gas production environments…
Norwegian shipbuilder Ulstein has floated out the hull of a wind farm support vessel it is building for Bernard Schulte.The service operation vessel (SOV), yard number 315 at Ulstein Verft, was floated out from the yard’s dock hall on Sunday afternoon…
Dutch shipbuilding conglomerate Damen has developed a new concept vessel, the Offshore Support Vessel (OSV) 9020, featuring a stable platform with lots of accommodation, good station-keeping capability, low carbon emissions and flexibility to add mission-specific tools…
Wind turbine manufacturer MHI Vestas Offshore Wind (MHI Vestas) has installed a prototype of its V174 offshore wind turbine at the Osterild National test center in Denmark.The 9.5MW unit will be now be put through a “robust test program ...…
Matt Tremblay, SVP, Global Offshore, ABS, discusses the next hot growth market ... offshore wind. While the market grows, the question begs: Is the U.S. marine industry ready to meet demand?The American Bureau of Shipping convened a conference to discuss the pace and direction of the U…
Norwegian oil company Equinor has signed a deal with vessel owner Eidesvik Offshore to test the use of carbon-free ammonia as a fuel aboard the Viking Energy platform supply vessel.Equinor has awarded Eidesvik Offshore a five-year contract with effect from April 2020…
VLCV BV, a joint venture between VL Specials and C-Ventus Offshore Windfarm Services, has completed the installation of two ducts, including bellmouths, for the cable system of the Borssele offshore wind project in the Netherlands.Arvid de Groot…
Aberdeen-based Oil and gas company Dana Petroleum has awarded Norway's Ocean Installer a contract for work at the Triton Area Development, located in the Central North Sea, around 190 km east of Aberdeen.According to a press release, the award…