Kawasaki Heavy Industries (KHI) and Corvus Energy have reached a licensing agreement for a novel lithium-ion capacitor (LiC) technology developed by Corvus for KHI.The LiC-based energy storage systems (ESS) to be sold by Corvus to offshore vessels and oil rigs globally…
Mammoet, the privately held Dutch company specialized in engineered heavy lifting and transport of over-sized and heavy objects, said it has signed an agreement to acquire fellow international heavy lifting and transport specialist ALE.No further…
Seabed deployed remotely operated underwater vehicles (ROV) are already here. Since early last year, IKM Subsea has been operating its Merlin UCV R-ROV (resident ROV) from a cage placed beneath Norwegian operator Equinor’s Snorre B production facility offshore Norway…
South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for the construction of a floating production, storage and offloading (FPSO) unit on the condition that the client receives approval from its partner and government…
Samsung Heavy Industries said on Wednesday that Petrobras America filed a lawsuit against the South Korean shipbuilder with a U.S. court, claiming 283 billion won ($249.32 million) in damages.Petrobras America claimed that it paid excessive charter fees for a drill ship built by Samsung Heavy…
Vietsovpetro, a Vietnam-Russia oil joint venture, will start crude oil production at the Ca Tam field offshore southern Vietnam from Jan. 15, three sources with knowledge of the matter said on Tuesday.Ca Tam is the first new field to be brought…
South Korean shipbuilder Hyundai Heavy Industries (HHI) has been awarded a contract to build a floating production system(FPS) for LLOG Exploration of the U.S..HHI, the world's biggest shipbuilder by orders, said in a stock exchange announcement…
Kongsberg Maritime has secured a contract worth approximately $13 million to equip a new heavy lift crane vessel for Offshore Heavy Transport (OHT) with an innovative technology suite. The vessel, a customized Ulstein Design & Solutions BV design…
The Kwispaa LNG Project achieved a significant milestone in its development this week as Kwispaa LNG signed a contract with Hyundai Heavy Industries for the Front-End Engineering and Design (FEED) of two At-Shore LNG hulls.This follows the recent Invitation to Tender to shortlisted EPC (engineering…
The Nigerian arm of Samsung Heavy Industries is in talks to resolve a court action launched by an industrial zone in the west African country where the company has been building a floating oil platform for Total, Samsung Heavy said on Friday…
OOS International Group’s newest semisubmersible accommodation vessel, the OOS Tiradentes, will head to Brazil next month for a contract with Petrobras. Source: OOS International The OOS…
Japanese ship builder Kawasaki Heavy Industries (KHI) has terminated a shipbuilding contract with Island Offshore for the building of the Island Navigator light well intervention vessel (artist's illustration, right, from Rolls Royce). The…
Singapore-based Ultra Deep Solutions has signed a letter of intent to build a SALT 310 well intervention vessel at China Merchants Heavy Industry (CMHI) yard in Shenzhen. Ultra Deep Solutions says the vessel will be capable of well intervention…
Dutch firm OOS International Group has signed a memorandum of understanding which paves the way for it to bring the largest semisubmersible crane vessel to the market. The new vessel, called the OOS Zeelandia (pictured), would be ordered from China Merchants Industry Holdings…
Japan's Kawasaki Heavy Industries has completed a verification test on an autonomous underwater vehicle (AUV) which can dock autonomously to re-charge subsea in UK waters. With a focus on the growing demand for pipeline maintenance in the offshore oil and gas fields…
