Petronas and ExxonMobil find more oil offshore Suriname

Petronas Suriname E&P, a subsidiary of Malaysia’s energy giant Petronas, and ExxonMobil Exploration and Production Suriname, an affiliate of the U.S. oil major ExxonMobil, have made an oil discovery at an exploration well in Block 52 offshore Suriname. Noble Discoverer (former Maersk Discoverer) rig; Source: Noble Corp. The Roystonea-1 well, located about 185 kilometers offshore in a …

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USTC provides strong back-office

Aimed at creating a stronger network of companies within USTC, the conglomerate looks to play an increasingly important role towards supporting the entities. Drawing on the positive experiences of cross-organisational synergies when building a back-office Group function of HR and Communications in 2021, it is the continuation of this labour that is going to create …

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ABS Publishes Industry-Leading Requirements for Liquid Hydrogen Carriers

The transportation of hydrogen, a key fuel of the energy transition in maritime, is another step closer to supporting projected market demands thanks to newly published industry-leading requirements from ABS. The ABS Requirements for Liquefied Hydrogen Carriers address safety and technical standards for vessels carrying liquefied hydrogen, expanding on the corresponding IMO Resolution MSC.420(97) that …

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OMT to strengthen contribution to the decarbonization of the shipping industry

OMT, the market leader in fuel injection for the two-stroke engine sector, has strengthened its ability to support shipping’s decarbonization following the acquisition of the company in its entirety by Accelleron, completed on July 20, 2023. OMT will continue to operate its global business independently as a stand-alone unit, retaining all employees, the company structure …

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BIO-UV Group Supplies Bio-Sea Ballast Water Treatment System To A Buoyant Offshore Energy Sector

BIO-UV Group has received a major order to supply its innovative BIO-SEA ballast water treatment system to a pair of drill ships scheduled to enter the undisclosed operator’s fleet of modern, high-specification vessels and rigs. A modular version from the BIO-SEA B-Series, combining mechanical filtration and UV disinfection, has been ordered by a United Arab …

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Construction milestone at NeuConnect as UK and Germany set up energy and climate partnership

The first phase of UK construction has been completed for the first-ever energy link between the UK and Germany, keeping the project on track. Source: NeuConnect The construction milestone comes as NeuConnect Chair Julia Prescot joined the signing of a new UK-Germany Joint Declaration of Cooperation on Energy and Climate today, October 3, by UK Secretary of …

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Maersk reveals 10,000 job cuts amidst profit plunge and industry’s ‘new normal’

Danish container shipping giant A.P. Moller-Maersk unveiled this morning a further downturn in both profit and revenue, resulting in a decision to cut 10,000 jobs as a response to the ongoing challenges of declining freight rates and lackluster demand within the container shipping industry. Image credit: Maersk Despite these challenges, Maersk affirmed its full-year guidance …

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Nokia firm delivers subsea tech for Equinor’s oil project

Alcatel Submarine Networks (ASN), part of Nokia, has delivered subsea control cable infrastructure for an Equinor-operated field recently brought on stream. Source: Equinor ASN has supplied, installed, and pre-commissioned DC/FO subsea control cable infrastructure, which provides high electrical power and fiber connectivity to subsea production systems, for the Breidablikk development. Equinor has subsequently integrated the …

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