As part of its fleet rejuvenation agenda, Belgium-based shipowner CMB.TECH has sold three of its Suezmax tankers for nearly $120 million.

U.S. offshore engineering and construction player McDermott has wrapped up the sale of its storage business to a consortium of financial investors, led by Mason Capital Management. This enables CB&I to begin

The U.S. Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has allocated nearly $2 million to two university-led projects to advance wave-powered desalination technology.

Norway’s VARD has delivered the cable-laying vessel (CLV) it had converted from a platform supplier (PSV) to I.T. International Telecom Marine (IT), a Canadian company active in the offshore oil & gas

UK’s energy transition-focused company EnergyPathways has selected compatriot company Wood as the lead engineering partner for the Marram Energy Storage Hub (MESH) project, a large-scale energy storage facility in the UK Irish

China’s ZTT Submarine Cable & System has delivered what it says is Croatia’s first submarine cable installation in over four decades, a project described as a historic and ESG-focused milestone as

Norway’s shipping company Avance Gas has delivered the seventh of a series of twelve very large gas carriers (VLGC) to Singapore-based ship owner and operator BW LPG under the $1 billion

Sweden’s construction company Skanska has signed a SEK 1.2 billion (approximately $109 million) contract with Denmark-headquartered power cable manufacturer and installation firm NKT for the next stage of the cable factory

Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has held a naming ceremony for a newbuild liquefied natural gas (LNG) carrier, which is the third one to get its name at China’s

Collaboration between Belgium and Oman has been strengthened with a new memorandum of understanding (MoU) signed by the Belgian Hydrogen Council, a representative of the country’s hydrogen ecosystem, and Hydrom, an entity

U.S. offshore drilling contractor Noble Corporation has secured further work with France’s TotalEnergies in Nigeria and TAQA in the UK for two floaters, while one of its jack-up rigs got more

Brazilian oil and gas company PRIO, formerly known as PetroRio, has expanded its footprint off the coast of Brazil by acquiring non-operated interests of two Chinese players in a field offshore