Offshore ships above 400 GT are required to report GHG emissions data under the EU MRV regulation. The European Commission has adopted a Delegated Regulation defining which ship types fall under the category of offshore ships. Offshore ships above 400 GT are required to start reporting GHG emissions from 1 January 2025. The adopted Delegated […]

McDermott’s heavy-lift and rigid pipelay vessel, the Derrick Lay Vessel 2000 (DLV2000), has been awarded the SUSTAIN-1 classification from the American Bureau of Shipping (ABS). This marks the first time a marine construction vessel in its class has achieved this sustainability certification. The SUSTAIN-1 classification recognizes the DLV2000 for its environmental performance, including energy efficiency, […]

Shearwater Geoservices Holding AS has been awarded offshore survey contract by TotalEnergies of an Angolan OBN project. The deepwater OBN survey will be conducted by the dual ROV equipped SW Tasman, the fit for purpose seismic node laying vessel which was converted in 2023, and SW Gallien as source vessel. The survey will commence in […]

The maritime industry has been captivated by the ordering of more than 50 Very Large Ammonia Carriers (VLACs) over the past 12 months. While these orders suggest a market surge in the direction of ammonia, a deeper analysis shows that most will be initially deployed as LPG carriers. Martin Cartwright, Global Business Director of Gas […]

TGS, a leading global provider of energy data and intelligence, is pleased to announce the successful completion of a series of marine Ocean Bottom Node (OBN) surveys offshore Guyana.  On December 1st, 2023, the final node recovery marked the culmination of three exclusive OBN surveys commissioned by ExxonMobil Guyana. TGS successfully acquired 2,400 square kilometers of OBN […]

According to the company, by focusing on fewer business areas and regions, Maersk Supply Service will increase its presence in core markets, increase synergies in its operations and improve profitability. Going forward its two core business areas will be offshore wind and offshore support vessels (OSV). The offshore vessel markets continue to improve, and the […]

MODEC has signed a Sales and Purchase Agreement (SPA) with Equinor Brasil Energia Ltd, a subsidiary of Equinor ASA, to supply a Floating Production, Storage and Offloading (FPSO) vessel to produce the field cluster of Pao de Acucar, Seat & Gavea in the BM-C-33 block of the Campos Basin offshore Brazil. The FPSO is one […]

SBM Offshore has announced that it has completed the project financing of FPSO ONE GUYANA for a total of US$1.75 billion. The project financing was secured by a consortium of 15 international banks. The Company expects to draw the loan in full, phased over the construction period of the FPSO. The financing will become non-recourse once the FPSO is completed and the pre-completion guarantee […]

On the northeastern coastline of South America, Guyana is the location of one of the most significant oil discoveries in the past decade. Using industry-leading technology, ExxonMobil is working to develop, reliably produce and deliver energy resources from these discoveries to the global market. And, the Liza Unity floating production storage and offloading vessel, where […]

Woodside and Armada Balnaves Pte Ltd (Bumi) a Malaysia-based international offshore oilfield services provider  have been engaged in the Western Australian Supreme Court proceedings brought by Bumi (Armada Balnaves Pte Ltd v Woodside Julimar Pty Ltd CIV/1408/2016) with respect to Woodside’s termination in March 2016 of the services agreement for the Armada Claire FPSO.  The […]