Saipem’s two new European offshore deals rake in nearly $2 billion

Italy’s engineering, drilling, and construction services provider Saipem has won two new E&C offshore contracts in Romania and in Germany with a total value of around €1.8 billion, which is close to $2 billion ($1.97 billion). Saipem 7000 semi-submersible crane vessel; Source: Saipem According to Saipem, the first contract is with OMV Petrom for the …

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Clean energy vessels propel Yangzijiang Shipbuilding’s soaring orderbook to $14.70 bln

In the midst of a thriving shipbuilding upcycle fueled by the global decarbonization drive, Singapore-listed shipbuilder Yangzijiang Shipbuilding has secured a staggering $5.76 billion worth of orders for 72 vessels in the first half of 2023. Image credit: Yangzijiang Shipbuilding The strong demand for clean energy vessels has been a significant driver of Yangzijiang’s growth. Among …

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In focus: Decarbonisation gaining ever stronger foothold

Our news this week reflect the increasing activities in vessel decarbonisation and emission cutting in the oil and gas sector as offshore renewable energy continues to broaden both its geographical and technological reach and green hydrogen attracts new firm commitments.

Go-ahead sets the seal on development of $4.4 billion deepwater gas project in Black Sea

Romania’s National Agency for Mineral Resources has endorsed the development plan for a massive deepwater natural gas project in the Black Sea. This was submitted by the project’s operator, OMV Petrom, South-Eastern Europe’s integrated energy company, which describes this project as Romania’s first deepwater project and “the largest natural gas project” in the Romanian area of the …

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French telecom giant takes delivery of offshore wind cable laying vessel

French telecommunications corporation Orange has taken delivery of its new cable laying and repair vessel (CLRV), said to be designed for the maintenance of cables for offshore wind projects. Source: VARD The vessel, named Sophie Germain after the pioneering French mathematician and philosopher, is currently on its way from Sri Lanka’s Colombo Dockyard to France. …

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Fincantieri delivers 2nd next-gen Prima-class cruise ship to NCL

Italian shipbuilder Fincantieri has delivered the second of six new Prima-class cruise ships to Norwegian Cruise Line (NCL). Fincantieri As disclosed, the vessel Norwegian Viva was delivered at Marghera shipyard on 3 August. The new ships will have 143,000-tons, and will be almost 300 meters long, accommodating approximately 3,100 guests. The first ship in this …

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OMV all set to embark on drilling activities with Transocean rig

OMV Norge, a subsidiary of Austria’s oil and gas company OMV, has secured a drilling permit from Norway’s authorities for exploration drilling in the Norwegian Sea, using one of Transocean’s semi-submersible rigs. Transocean Norge; Source: Transocean The Norwegian Petroleum Directorate (NPD) disclosed on Friday, 4 August 2023, that it had granted OMV Norge a drilling permit …

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Naviera Armas Trasmediterránea renueva las certificaciones ISO 9001 e ISO 14001

La compañía está comprometida y apuesta por la calidad de sus procesos, servicios y está concienciada con el medio ambiente Naviera Armas Trasmediterránea ha renovado las certificaciones ISO 9001 e ISO 14001. Con ello, la compañía reitera su compromiso y apuesta por la calidad de sus procesos, de sus servicios y está plenamente concienciada con …

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Crown LNG Holdings to go public via merger deal

Crown LNG Holdings, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, and Catcha Investment, a publicly traded special purpose acquisition company, have announced a definitive agreement for a business combination that is set to result in Crown becoming a U.S. publicly listed company. Kakinada LNG terminal; Illustration; Courtesy of Aker …

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