U.S.-headquartered offshore engineering and construction player McDermott has signed a memorandum of understanding (MoU) […] The post McDermott teams up with Aize to deploy digital twin tech across Middle Eastern assets appeared first on Offshore Energy.
Government officials from the United States and South Korea have visited HD Hyundai’s headquarters in Ulsan to discuss ways to strengthen bilateral cooperation in the shipbuilding sector. The post HD Hyundai hosts US-Korea MAGSA shipbuilding cooperation talks appeared first on Offshore Energy.
Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has secured […] The post Thailand’s Mermaid Maritime secures $500M in Middle East project awards appeared first on Offshore Energy.
Taiwan-based shipping company Wan Hai Lines has held a naming ceremony for its brand-new, energy-efficient […] The post Wan Hai Lines marks eco-friendly 13K TEU boxship series as complete appeared first on Offshore Energy.
With an integrated supply chain in mind, Hanwha Aerospace, a subsidiary of South Korean conglomerate Hanwha Group, has joined forces with Hanwha Energy and Korea Southern Power to bolster cooperation in the global liquefied natural gas (LNG) sector and means of obtaining U.S. LNG to boost Korea’s energy security. The post Asian trio pools resources to enhance supply chain and fortify Korea’s access to US LNG appeared first on Offshore Energy.
The joint venture of National Grid Electricity Transmission and SSEN Transmission has selected Hitachi […] The post Another UK subsea green electricity superhighway to sport Hitachi Energy converter stations appeared first on Offshore Energy.
L&T Energy GreenTech (LTEG), a wholly owned subsidiary of Larsen & Toubro (L&T), has entered into a joint development agreement with Japan’s Itochu Corporation to develop and commercialise a 300 ktpa green ammonia project at Kandla in Gujarat. LTEG and Itochu will collaborate on the development of the facility, with the Japanese corporation planning to offtake the product for bunkering applications in Singapore. The partnership marks a significant step in advancing clean energy solutions for the maritime sector and aligns with both companies’ commitments to sustainability and decarbonisation. Last year L&T acquired a sizeable land parcel at Kandla for developing green hydrogen and green ammonia projects. Subramanian Sarma, Deputy Managing Director & President, L&T, said, “As the global energy landscape shifts decisively towards sustainability, L&T remains deeply committed to driving the clean energy transition through ‘innovation,… Read More »L&T Energy Green Tech and Itochu to develop India green ammonia plant | Ammonia
German engine manufacturer Everllence (formerly MAN Energy Solutions) and compatriot MEYER RE, an arm […] The post Everllence, MEYER RE join forces to develop methanol retrofitting solutions appeared first on Offshore Energy.
Statistics Norway, the Norwegian statistics bureau, has revealed a spike in estimates for oil and gas investments in 2026, which are anticipated to hit NOK 230 billion (approximately $22.55 billion), thanks to higher price estimates in the production drilling segment. The post Norway eyes oil & gas investments of nearly $23 billion next year appeared first on Offshore Energy.
Norwegian shipowner Ocean Yield and global investment firm KKR intend to purchase energy infrastructure company CapeOmega Gas Transportation from Partners Group, a global private markets investment manager. The post Ocean Yield expanding LNG portfolio with CapeOmega purchase appeared first on Offshore Energy.