Bermuda-based shipowner and charterer SFL Corporation has decided to divest two ten-year-old Suezmax tankers and end charters for two more such vessels. The post SFL sheds Suezmax tanker duo and pulls the plug on charters for two other vessels appeared first on Offshore Energy.
Offshore works, which included turbine recovery, have been completed at MeyGen, described as the […] The post Maintenance and upgrade work completes at world’s largest tidal stream array appeared first on Offshore Energy.
Building on their previous ties, Norwegian shipowner Ocean Yield and Japan’s shipping giant Nippon Yusen Kabushiki Kaisha (NYK Line) have teamed up to split ownership in four liquefied natural gas (LNG) carriers that are yet to be constructed. However, available charter options could double the newbuilding fleet to eight LNG vessels. The post Ocean Yield …
On 12 November 2025, the UK Government announced its intention to introduce a maritime services ban on Russian LNG. The UK had already banned the import of Russian LNG in January 2023, but this latest action is intended to significantly reduce Russian exports of LNG by directly cutting off access to the UK’s maritime transport …
The Commercial, Corporate and Finance Team at Campbell Johnston Clark (CJC) recently assisted Yangzijiang Maritime Development (YMD) to secure its primary listing on the Main Board of the SGX-ST. The successful listing resulted in a market capitalisation for YMD of around S$2.15 billion. CJC’s London-based team was led by James Clayton, Partner and head of …
CJC supports Yangzijiang Maritime Singapore listing Read More »
Norwegian offshore services provider Sea1 Offshore has cut the first steel for the second of […] The post Sea1 starts building second of four offshore energy support vessels appeared first on Offshore Energy.
France’s energy giant TotalEnergies has strengthened its ties with PTT Exploration and Production Public Company (PTTEP) through an arrangement to offload a minor stake in a block off the coast of Malaysia. The post TotalEnergies partners with PTTEP in Malaysia by shedding partial stake in offshore block appeared first on Offshore Energy.
Dräger UK, a safety technology player, has secured its fourth large-scale multi-gas monitor changeout with the same undisclosed client for North Sea gas detection and monitoring solutions. The post North Sea operator books Dräger’s gas detection and monitoring tools appeared first on Offshore Energy.
U.S. oil & gas company Chevron has awarded Subsea7 with a contract for subsea […] The post After TechnipFMC, Subsea7 hired for Chevron’s gas project offshore Australia appeared first on Offshore Energy.
The eighth and final CO2 storage tank has been installed on Carbon Destroyer 1, […] The post EU’s first dedicated offshore CO2 carrier now equipped with CO2 storage tanks (Gallery) appeared first on Offshore Energy.
