Helsinki-headquartered Cargotec Corporation has made the decision to let go of its MacGregor business […] The post Cargotec bids farewell to MacGregor in a $507M deal, casts net toward future appeared first on Offshore Energy.

Poseidon Cables, a UK-based company specialised in subsea cable installation, termination and testing, has […] The post NCT Offshore, Poseidon Cables to install inter-array links at Taiwanese offshore wind project appeared first on Offshore Energy.

South Korean shipbuilder Samsung Heavy Industries (SHI) and classification society Lloyd’s Register (LR) have […] The post LR and SHI to work on green ammonia FPSO system appeared first on Offshore Energy.

BW Offshore is anticipating additional costs of up to $150 million for the completion of the remaining work related to its newbuild floating production storage and offloading (FPSO) vessel, which is anticipated to start work at a Santos-operated giant gas project off the coast of Australia in the second quarter of 2025. The post Australia-bound FPSO on track for first gas in 2025 but BW Offshore facing cost overruns (Gallery) appeared first on Offshore Energy.

French engineering player Technip Energies and catalysts, technical services, and licensed process technologies provider, […] The post Shell and Technip Energies tighten collaboration on CO2 capture technology appeared first on Offshore Energy.

Singapore-based shipping company Ocean Network Express (ONE) and Hong Kong-based containership lessor Seaspan Corporation have created OneSea Solutions (ONESEA), a solutions provider focused on technical ship management and maritime talent development. The post ONE, Seaspan Corporation create ONESEA appeared first on Offshore Energy.

Malaysia’s Bumi Armada is pondering a business combination with the offshore segment of MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services. The post Bumi Armada and MISC mulling over potential merger to consolidate floating production businesses appeared first on Offshore Energy.

Seatrium has delivered another newbuild jack-up rig earlier than expected to Borr Drilling. This handover of the final unit in a multi-rig series is said to have been completed almost a year before it was due. The post Borr Drilling takes delivery of newbuild rig from Seatrium ahead of schedule appeared first on Offshore Energy.

Norway’s Ministry of Energy has signed purchase agreements with seven companies forming part of […] The post Norwegian State bringing into its fold world’s ‘most extensive’ gas network for $1.6 billion appeared first on Offshore Energy.

Tokyo-based financial services company ORIX Corporation has decided to conduct a sea trial using […] The post ORIX eyes up to 20% emissions reduction through biofuel trial appeared first on Offshore Energy.