Τhe FPSO market is booming this year, with more contracts awarded in the second quarter of 2021 than during the full year 2020. Rystad Energy expects FPSO awards to reach a total of 10 units […]
The technology group Wärtsilä will supply its advanced Cargo Handling System for four new 91,000 cbm capacity Very Large Gas Carrier (VLGC) vessels being built for the Norway-based fleet owner Avance Gas. The ships are […]
The technology group Wärtsilä has been contracted to supply another of its successful Gas Cargo Handling Systems, emphasising once again the efficiency and reliability of the system. This latest order was placed by Daewoo Shipbuilding […]
The technology group Wärtsilä will supply the Inert Gas Generator (IGG) systems, as well as the latest technology in radio and integrated navigation systems for six new LNG Carrier vessels being built to serve the […]
Kongsberg Maritime (KM) has announced a significant and strategic new equipment contract with Russian LNG producer Novatek. Under the terms of the deal, KM will supply a range of electric frequency converter-driven deck machinery for […]
ABS has granted Approval in Principle (AIP) to solid oxide fuel cell (SOFC) technology developed by Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME). Granting of AIP follows two joint development projects between ABS and […]
The global oil and gas industry has witnessed a continual slowdown in the number of oil and gas contracts, as companies are finding it difficult to proceed further due to stressed capital, crude oil prices […]
Northern Drilling Ltd has announced it has exercised the option for Cobalt Explorer, a 7th generation DP3 and ultra-deepwater drillship from Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME) for a total consideration of USD […]
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