Berg Propulsion has been selected to provide state-of-the-art control and propulsion technology for what will be one of the largest hybrid tugs ever delivered, after owner Buksér og Berging AS (BuBe) agreed specifications with Türkiye’s Uzmar Shipyard for its latest newbuild. The project will showcase Berg’s roles as an integrator of electric propulsion technology and a supplier of high performance propulsion equipment.
Dutch FPSO leasing firm SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil, have completed the transaction related to the purchase of FPSO Liza Unity, a few months ahead of the end of the maximum lease term, in February 2024.
Offshore services firm Subsea 7 confirmed the award of a major contract amendment by Petrobras for the development of the Mero 4 field located approximately 200 kilometres off the coast of the state of Rio de Janeiro, Brazil, at 2,200 metres water depth in the pre-salt Santos basin.
HD Hyundai is accelerating its efforts to develop new business opportunities using its offshore expertise to develop a platform for South Korea's largest Carbon Capture and Storage (CCS) project. The shipbuilding division notes that it participated in the construction of the offshore gas field 20 years ago and now will again play a key role in the repurposing of the field for its new role.
Vard Accommodation it had changed its name to Vard Interiors. The company also said it had secured a new contract with Fincantieri Bay Shipbuilding.
A new and space efficient retrofit methanol storage solution from SRC Group has received Approval in Principle from Lloyd’s Register, signifying that no major conceptual issues have been identified as standing in the way of its securing classification approval and regulatory compliance.
The floating rig market has long since crossed an inflection point incentivising the reactivation of cold-stacked tonnage, yet operators remain disciplined in their approach, according to new research by Maritime Strategies International.
South Korea’s HD Hyundai Heavy Industries Co., Ltd. said Monday in a stock exchange announcement that it had received a contract to build a floating production unit for a client in Mexico.
State-owned Jawaharlal Nehru Port Authority (JNPA) plans to build a mega port at Vadhavan near Dahanu in Maharashtra's Palghar district at an offshore location instead of the earlier onshore site, in a change that requires large-scale reclamation for which material will be sourced from sand borrow pits off the coast of Daman some 50 kms away.
QatarEnergy said it signed a deal for stakes in two of ExxonMobil’s offshore explorations in Canada as the Qatari state-owned firm builds up its global energy portfolio.
Berg Propulsion has been selected to provide state-of-the-art control and propulsion technology for what will be one of the largest hybrid tugs ever delivered, after owner Buksér og Berging AS (BuBe) agreed specifications with Türkiye’s Uzmar Shipyard for its latest newbuild. The project will showcase Berg’s roles as an integrator of electric propulsion technology and a supplier of high performance propulsion equipment.
Dutch FPSO leasing firm SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil, have completed the transaction related to the purchase of FPSO Liza Unity, a few months ahead of the end of the maximum lease term, in February 2024.
Offshore services firm Subsea 7 confirmed the award of a major contract amendment by Petrobras for the development of the Mero 4 field located approximately 200 kilometres off the coast of the state of Rio de Janeiro, Brazil, at 2,200 metres water depth in the pre-salt Santos basin.
HD Hyundai is accelerating its efforts to develop new business opportunities using its offshore expertise to develop a platform for South Korea's largest Carbon Capture and Storage (CCS) project. The shipbuilding division notes that it participated in the construction of the offshore gas field 20 years ago and now will again play a key role in the repurposing of the field for its new role.
Vard Accommodation it had changed its name to Vard Interiors. The company also said it had secured a new contract with Fincantieri Bay Shipbuilding.
A new and space efficient retrofit methanol storage solution from SRC Group has received Approval in Principle from Lloyd’s Register, signifying that no major conceptual issues have been identified as standing in the way of its securing classification approval and regulatory compliance.
The floating rig market has long since crossed an inflection point incentivising the reactivation of cold-stacked tonnage, yet operators remain disciplined in their approach, according to new research by Maritime Strategies International.
