Crowley has named Jenny Fuss as its chief financial officer, leading all of the company's financial strategies and operations to enhance economic performance and business growth. 

Golar LNG Limited (“Golar”) it has entered into finance lease agreements with a consortium of leading Chinese leasing companies for the refinancing of the existing FLNG Gimi debt facility. The sale leaseback facility will be approximately $1.2 billion.

Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) announces that, through a subsidiary, it has signed a definitive agreement and plan of merger (the “Agreement”) to acquire 100% of the shares of 3D at Depth, Inc., a leading American subsea technology and services company specializing in high resolution LiDAR imaging and measurements.

To support the delivery of subsea power cables for Germany’s renewable energy expansion, Export Finance Norway (Eksfin) worked with Societe Generale to provide a performance guarantee* to Nexans. The guarantee is issued through Nexans’ legal entity in Norway.

In the Asia-Pacific (APAC) region, rapid population growth, industrial expansion, and economic development have propelled energy demand to unprecedented levels, with the region projected to maintain a 50% share of global primary energy demand until 2050.

HarborLab, an Athens-based maritime technology company, has launched a new AI-powered feature designed to optimize Disbursement Account (DA) analysis and streamline port expense management.

Westwood is announcing the launch Atlas Decom, a brand-new dedicated market intelligence solution that provides the What, Where, When and Who of the offshore UK and Norway abandonment landscape.

Keppel Ltd. is announcing that Keppel Infrastructure Fund (KIF, or the Fund) and its co-investor have acquired a 100% stake in Global Marine Group (GMG) from investment affiliates of J.F. Lehman & Company.

DOF Group ASA (“DOF”) is announcing the award for a SURF project in the Atlantic region from an undisclosed energy company. The contract is defined as Very Large*, excluding any variation works.

As a new strategy period commences, VIKING Life-Saving Equipment A/S has achieved strong financial results in 2024. With total revenue of DKK 4 billion (DKK 3.5 billion in 2023) and pre-tax profit of DKK 452 million (DKK 436 million in 2023), the company has managed to continue its growth journey in 2024.

Uncertainty in the US offshore wind market has opened up a unique opportunity for Europe and APAC to accelerate offshore wind volume growth together.

MODS, a leading provider of intelligent industrial asset management software, has secured a two-year contract with one of the world’s largest industry-leading offshore engineering consultancies.

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil.

CMA CGM Group, a global leader in sea, land, air, and logistics solutions, and owner of the US flag carrier American President Lines (APL), has announced a $20 billion investment to contribute to US maritime economy and support the transformation of America’s domestic supply chain over the next four years. 

Latest analysis from Westwood Global Energy Group (Westwood), a specialist energy market research and consultancy firm, reveals the extent of financial and logistical hurdles for North Sea decommissioning.

DNO ASA, a Norwegian oil and gas operator, has reached agreement to acquire 100 percent of the shares of Sval Energi Group AS from HitecVision for a cash consideration of $450 million based on an enterprise value of $1.6 billion.