Blog

A court order is bringing a legal battle over an alleged contract breach to a close by instructing Bermuda-headquartered offshore drilling contractor Seadrill to pay a multimillion-dollar compensation to the owner of a semi-submersible rig, which was hired under the contract that sparked the dispute between the duo. The post Legal spat over rig contract breach nearing its end with Seadrill ordered to pay SFL $48 million appeared first on Offshore Energy.

Greek magnate George Economou-led TMS Group has ordered up to ten 11,400 TEU environmentally friendly containerships in China. The post Economou’s TMS Group to splash up to $1.4B on LNG dual-fuel containership fleet appeared first on Offshore Energy.

U.S.-headquartered offshore engineering and construction player McDermott has completed offshore installation and commissioning activities […] The post McDermott completes east Malaysia deepwater project ahead of schedule appeared first on Offshore Energy.

U.S.-headquartered privately owned exploration and production company LLOG Exploration has started the development studies […] The post US oil & gas player gets cracking on development studies as two out of three Gulf of Mexico wells yield hydrocarbons appeared first on Offshore Energy.

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has launched its first fully electric supply boat (e-supply boat) and laid the keel for its first fully electric tug at PaxOcean Batam. The post CSA hits new milestone in bringing electric harbor craft for operation in Singapore appeared first on Offshore Energy.

Chevron Mediterranean Limited, a subsidiary of the U.S.-headquartered oil major Chevron, is getting a […] The post SOCAR coming aboard Chevron’s gas field offshore Israel appeared first on Offshore Energy.

Aberdeen-based decommissioning services provider Well-Safe Solutions has received a further contract extension from Italy’s […] The post Eni entrusts Well-Safe Solutions rig with more decommissioning work appeared first on Offshore Energy.

Mitsubishi Gas Chemical, Methanol Reformer and Element 1 have signed a memorandum of understanding (MoU) to collaborate on the development and commercialization of hydrogen solutions by methanol reforming technology. The post Industry players looking into development of methanol-to-hydrogen generators appeared first on Offshore Energy.

The Swedish government has moved to ban discharges from exhaust gas cleaning systems (EGCSs) in Swedish territorial waters. The post It’s official: Sweden bans scrubber discharges appeared first on Offshore Energy.

Exmar has revealed that an FLNG it sold to Eni has surpassed production expectations and guaranteed levels while working on the Italian player’s LNG project off the coast of Congo, Africa. The post With FLNG production levels off the charts, previous owner awaits its bonus appeared first on Offshore Energy.