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ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has tightened its grip on 33 jack-up rig additions to its fleet by revising its cash merger offer to bring the UAE-based Shelf Drilling into its fold. As a result, more than half of the shareholder base has endorsed the takeover bid. The post ADES sweetens Shelf Drilling merger deal with enhanced cash offer appeared first on Offshore Energy.

The Hague-based Wave Energy Collective (Weco) has completed the first full assembly of its […] The post Weco completes first full assembly of its upgraded wave energy device appeared first on Offshore Energy.

Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, has undertaken several activities aimed at optimizing its assets offshore Namibia. The post Eco streamlining Namibian portfolio for deepwater focus appeared first on Offshore Energy.

Classification society Korean Register (KR) has granted approval in principle (AIP) for Hi-CLEARS, a safety solution for ammonia-fueled ships, developed by the affiliates of South Korean conglomerate HD Hyundai – HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE). The post HD Hyundai’s safety solution for ammonia-fueled ships gets KR’s stamp of approval appeared first on Offshore Energy.

Spanish automated wind-assisted propulsion system specialist bound4blue has clinched validation of its wind propulsion […] The post bound4blue gains approval from LR for wind power calculation methodology appeared first on Offshore Energy.

The construction of the first of four offshore energy support vessels (OESVs) that Norwegian […] The post WATCH: First of four Sea1 offshore energy support vessels enters construction appeared first on Offshore Energy.

French automobile manufacturer Renault Group has signed up to participate in United European Car Carriers’ (UECC) Sail for Change fuel-switching program, making it the fifth automotive manufacturer to join the pioneering initiative that has seen major reductions in emissions through bunkering of liquefied biomethane on UECC vessels. The post Renault joins UECC’s initiative to cut emissions through bioLNG use appeared first on Offshore Energy.

Norwegian vessel owner DOF Group has secured a new contract in the Asia Pacific […] The post Second recent win in APAC: DOF to deliver moorings hook-up services appeared first on Offshore Energy.

Finland-based maritime transport company Langh Ship has taken delivery of the third and final […] The post Trio complete: Langh Ship receives last green feeder vessel from PaxOcean appeared first on Offshore Energy.

BP Exploration & Production, a subsidiary of the UK-based energy heavyweight BP, has picked Gate Energy, a Houston-based engineering, commissioning, and field services player, to handle the commissioning scope of its semi-submersible floating production unit (FPU) destined for a deepwater project in the Gulf of America (U.S. Gulf of Mexico). The post BP puts Gate Energy on commissioning duty for its deepwater FPU appeared first on Offshore Energy.