Flare gas recovery lies at the heart of a range of integrated, new emissions abatement technologies.The World Bank’s 2015 launch of the Zero Flaring by 2030 initiative saw flare gas recovery become a standard part of many topside production processing systems. Regulations in places like Brazil, the Gulf of Mexico and the North Sea fortified this voluntary commitment. Now with the industry heading towards zero-emission FPSOs…
COSCO Shipping Specialized Carriers has placed an order for a next generation semi-submersible vessel to Chinese shipyards.COSCO will build the vessel in partnership with China Shipbuilding Industry Corporation and Guangzhou Shipbuilding International…
The Offshore Renewable Energy (ORE) Catapult, in partnership with the National Shipbuilding Office and the Crown Estate, have appointed Cammell Laird shipyard to carry out a detailed analysis of the future market opportunity for U.K.-built ships in offshore wind…
Petrobras is considering cancelling a tender to charter an FPSO from India's Shapoorji Pallonji Energy, two sources with knowledge of the matter told Reuters.The state-run firm believes the bid by the Indian shipbuilding firm was too high, at $1…
Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed a strategic cooperation agreement with Dalian Shipbuilding Offshore (DSOC) to deliver latest semi-submersible units, specifically tailored to meet the criteria for operations in Chinese waters…
Malaysian shipowner Coastal Contracts Bhd on Thursday placed an order with Chinese shipbuilder Fujian Funing Shipbuilding Heavy Industry, a subsidiary of Fujian Shipbuilding Industry Group, for a pair of 85-meter subsea support/maintenance vessels…
The next chief executive of Petrobras, Magda Chambriard, arrives with the résumé and mandate to make Brazil's state-run oil firm what it was under prior Workers Party governments: an engine of job creation and industrial development, said people familiar with the matter…
Paratus Energy Services, through its subsidiary SeaMex Holding, has secured a one-year contract for the Titania jack-up rig in Mexico.The new contract will contribute approximately $55 million in backlog and is expected to start around mid-February 2024…
Panama City Fla. based Eastern Shipbuilding Group announced it has been awarded a contract to complete construction of two ultra high-spec 400 class multipurpose support vessels (MPSVs) for Hornbeck Offshore Services (HOS).The newbuilds were originally started by Gulf Island Shipyards in Houma…
Bernhard Schulte ordered its first CO2 tanker, a newbuild to be constructed at Dalian Shipbuilding Offshore (DSOC) and to showcase technologies designed to reduce its carbon footprint. Planned for delivery in 2026, the ship is committed to a long-term time charter agreement with Northern Lights…
DNV has awarded two Approval in Principle (AiP) certificates to Dalian Shipbuilding Industry (DSIC) for the design of a 50,000cbm floating liquefied CO2 (LCO2) storage and injection unit (FSIU) and a 20,000cbm LCO2 carrier.The AiPs confirm the…
Fuel flexibility may be a key driver for recent developments in gensets, but the perennial goals of lowering CapEx and OpEx remain.Fuel flexibility is one of the pillars of decarbonization that is being embraced by genset OEMs. Fuel efficiency…
Vard Accommodation said Wednesday it had changed its name to Vard Interiors. The company also said it had secured a new contract with Fincantieri Bay Shipbuilding.'Vard Accommodation is changing its name to Vard Interiors to show more clearly the full range of products within the company…
TGE Marine has received an order from the Chinese shipyard Dalian Shipbuilding Industry Offshore for the design and supply of a cargo handling system for a 7,500m³ liquified CO2 (LCO2) carrier.The vessel is the third iteration of the series…
China-based offshore drilling contractor China Oilfield Services Limited (COSL) said this week it had agreed to buy four jack-up drilling rigs from Dalian Shipbuilding Offshore.COSL's subsidiaries have agreed to buy four JU2000E jack-up drilling rigs at a total contract price of RMB3…