Multiple parties have filed a federal securities class action against New Fortress Energy (NFE), a U.S. energy infrastructure player, that operates a floating liquefied natural gas (FLNG) facility off the coast of Altamira, Mexico, for damages caused by a drop in stock prices. The post Investors take US FLNG operator to court over ‘artificially inflated’ stock prices appeared first on Offshore Energy.
SAFEEN Group, a maritime services provider and part of the UAE-based AD Ports Group, in collaboration with Dutch major Damen Shipyards, has achieved a Guinness World Records title for the most powerful electric tugboat. The post SAFEEN Group’s electric tug wins Guinness World Records title appeared first on Offshore Energy.
UK gas producer Kistos Holdings has taken a stake in Spiralis Energy, a compatriot […] The post UK gas producer invests in tidal power with stake in Spiralis Energy appeared first on Offshore Energy.
Denmark’s subsea specialist NCT Offshore is planning to carry out sea trials for its […] The post VARD-built cable layer destined for Danish subsea specialist prepping for sea trials appeared first on Offshore Energy.
South Korean shipbuilder HD Hyundai Mipo has secured a new order worth KRW 514.8 […] The post South Korean shipyard bags $370 million contract to build 4 LNG bunker vessels appeared first on Offshore Energy.
The International Maritime Organization (IMO) has shared details of four pilot projects aimed at […] The post New IMO projects to aid green energy transition in ports of developing nations appeared first on Offshore Energy.
Dolphin Drilling has kicked off its drilling assignment off the coast of India after one of its semi-submersible rigs returned to the Asian country for a new 14-month hydrocarbon exploration campaign. The post Dolphin Drilling’s rig spins the drill bit in India as part of multi-well exploration ops appeared first on Offshore Energy.
Qatar’s state-owned energy giant QatarEnergy has inked an agreement with U.S.-headquartered oil major Chevron to buy a working interest in the concession agreement for a block in the Mediterranean Sea offshore Egypt. The post QatarEnergy joining Chevron’s West Mediterranean exploration project ahead of drilling ops appeared first on Offshore Energy.
Norwegian shipping and logistics company Wallenius Wilhelmsen has signed a multi-year shipping contract with an undisclosed automotive manufacturer. The post Wallenius Wilhelmsen inks $580 million multi-year shipping contract appeared first on Offshore Energy.
Singapore’s green technology solutions provider Yinson GreenTech has joined forces with Norwegian autonomous maritime technology […] The post Yinson GreenTech and Zeabuz set sights on autonomous, remote-controlled electric vessel operations appeared first on Offshore Energy.