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  • Multifaceted energy transition cards carving ExxonMobil’s spot in low-emission future

    17 May 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Transition

    ExxonMobil is making strides in pursuing a versatile emission reduction approach to leave its mark on the global decarbonization scoreboard.

  • Two new blade technologies from Edinburgh University researchers aim for renewable energy efficiency

    17 May 2024
    Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Research & Development, Technology

    EPSRC has funded a collaboration between Professor of Fluid Mechanics and Bioinspired Engineering, Ignazio Maria Viola, and Senior Lecturer in Composites Design and Testing, Eddie McCarthy, which resulted in two new technologies that are expected to reduce unsteady loading, improve turbine resilience and reliability and decrease the levelized cost of energy. 

  • IWSA: 37 wind-powered and 11 wind-ready ships in operation

    17 May 2024
    Infrastructure, Vessels

    In late March 2024, there were 37 wind propulsion-installed vessels along with eleven wind-ready ships which have a combined total of 2.5 million dwt, the International Windship Association (IWSA) revealed.

  • 14-year LNG carrier deal lifts CoolCo’s total revenue backlog to nearly $1.9 billion

    17 May 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Project & Tenders, Vessels

    Bermuda-based LNG carrier owner and operator Cool Company (CoolCo) has signed a multi-year TCP agreement with India’s GAIL (India).

  • RWE, Masdar award geophysical surveys contract for DBS West offshore wind farm

    17 May 2024
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    RWE and Masdar have signed a contract with marine technology and data acquisition company, Ocean Infinity, for 3D ultra high-resolution seismic (UHRS) geophysical surveys at the Dogger Bank South (DBS) West offshore wind farm in the UK. Located over 100 kilometers off the northeastern coast of England, DBS will be split across two sites, DBS East […]

  • Hy2gen USA strikes offshore wind-to-hydrogen partnership with Ocean Connect Energy

    17 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Research & Development

    Hy2gen USA, the U.S. subsidiary of global green hydrogen producer Hy2gen, and Ocean Connect Energy (OCE) have signed a Memorandum of Understanding (MoU) to jointly investigate the potential to power renewable hydrogen production from offshore wind. The MoU formalizes a collaboration between the two companies to identify, evaluate, and develop favorable locations to power Hy2gen‘s […]

  • Net-Zero Producers Forum seeks emission reduction pathways with carbon utilization and storage

    17 May 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Transition

    The Net Zero Producers Forum has set in motion a new working group to explore and step up technologies for the utilization and storage of carbon dioxide.

  • New partnership to focus on re-purposing natural gas infrastructure to hydrogen service

    17 May 2024
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Research & Development, Transition

    DORIS, ROSEN, and SPIECAPAG have formed a partnership dedicated to re-purposing natural gas infrastructure to hydrogen service.

  • LR to support Shandong Marine Group’s energy transition journey

    17 May 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    The UK-based classification society Lloyd’s Register (LR) and China state-owned enterprise Shandong Marine Group (SDMG) have signed a memorandum of understanding (MoU) that will allow the two organizations to collaborate on energy transition opportunities.

  • Geophysical survey starts along Eastern Green Link 2 route

    17 May 2024
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    The Eastern Green Link 2 (EGL 2) project’s marine survey activities have resumed, now starting a detailed geophysical survey to identify potential unexploded ordnance.

  • Jan De Nul orders twin to XL cable-layer Fleeming Jenkin

    17 May 2024
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology, Transition, Vessels, Vision

    Jan De Nul has ordered a new XL cable-laying vessel (CLV), identical to the Fleeming Jenkin ordered at a Chinese shipyard last year. With a cable-carrying capacity of 28,000 tonnes, the vessels are said to be the largest capacity CLVs in the world. Like Fleeming Jenkin, the new vessel will be 215 meters long and […]

  • MOL: CCS Baltic Consortium’s CO2 value chain project granted EU PCI status

    17 May 2024
    Authorities & Government, Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Regulation & Policy

    The European Commission has granted the status of Project of Common Interest (PCI) to the carbon dioxide (CO2) capture and transportation project in Lithuania and Latvia developed by CCS Baltic Consortium.

  • GTT backs Energo’s solution for production of low-carbon fuels

    17 May 2024
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Technology

    According to GTT, Energo’s solutions can contribute to the decarbonization of maritime transport through the production of low-carbon fuels.

  • X-Press Feeders takes delivery of first green methanol-fueled boxship from Yangzijiang Shipbuilding

    17 May 2024
    Vessels

    Singapore-based independent common carrier X-Press Feeders has taken delivery of its new green methanol-powered containership built by Chinese shipbuilder Yangzijiang Shipbuilding Group.

  • Thruster package ordered for ‘first of its kind’ energy subsea construction vessel

    17 May 2024
    Business & Finance, Business Developments & Projects, Equipment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Technology, Transition, Vessels, Vision

    Norwegian Myklebust Shipyard has awarded compatriot Brunvoll with a contract to deliver a thruster package for an energy subsea construction vessel (ESCV) it is building for REM Offshore. Brunvoll will deliver a thruster package consisting of two propulsion azimuth thrusters, two retractable azimuth thrusters, and a tunnel thruster for one vessel, with an additional vessel […]

  • ‘World’s first’ fifth-generation LNG carrier put to sea months earlier than planned

    17 May 2024
    Business & Finance, Business Developments & Projects, Vessels

    A new LNG carrier, built by Hudong-Zhonghua Shipbuilding, has been launched five months ahead of its contract period.

  • JERA to invest $32 billion in LNG, renewables, hydrogen and ammonia by 2035

    17 May 2024
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition, Vision

    JERA has unveiled plans to invest around $32 billion in LNG, renewables, and hydrogen and ammonia by 2035.

  • New deal taking PGS to West Africa this September

    17 May 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Norway-headquartered seismic player PGS has won a new contract in West Africa with an undisclosed firm, which is said to be an international energy company. 

  • Kongsberg Maritime, Torghatten team up on self-driving ferry service

    17 May 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy

    Norwegian ferry operator Torghatten and compatriot technology company Kongsberg Maritime have entered into a contract to develop a system for self-driving ferries on the Flakk-Rørvik route.

  • Saipem wins $850 million contract with BP-Eni joint venture

    17 May 2024
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders

    Italian oilfield services provider Saipem has secured a contract worth approximately $850 million to deliver subsea equipment for a field located offshore Angola. Saipem will perform the engineering, fabrication, transportation and installation of subsea facilities and approximately 60 kilometers of rigid pipelines at a depth of around 1,100 meters, and the transportation and installation of flexible flowlines, […]

  • Asia’s first cylindrical FPSO coming to work on Chinese oilfield

    17 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    The loading operation of an FPSO, which is said to be Asia’s first cylindrical FPSO, has been wrapped up by a semi-submersible heavy lift vessel.

  • TOWT joins Zero Emissions Ship Technology Association as newest member

    17 May 2024
    Collaboration

    French sailing freight transport company TransOceanic Wind Transport (TOWT) has joined the Zero Emissions Ship Technology Association (ZESTAs), a non-profit organization dedicated to a sustainable marine industry.

  • More work for Plug Power on hydrogen-to-ammonia project in Australia

    17 May 2024
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Plug Power has signed a basic engineering and design package (BEDP) with Allied Green Ammonia (AGA) for a 3 GW electrolyzer plant supplying hydrogen to AGA’s planned ammonia facility proposed for the Northern Territory of Australia.

  • COSL Drilling hands out multi-million assignment to Odfjell Technology

    17 May 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    The UK’s Odfjell Technology has inked a long-term deal for the provision of tubular running services with COSL Drilling Europe.

  • Norway joins forces with European countries on autonomous ship operation

    16 May 2024
    Authorities & Government, Collaboration, Infrastructure, Outlook & Strategy, Regulation & Policy, Vessels

    Norway has signed a new agreement with the UK, Belgium, Denmark and the Netherlands to facilitate better cooperation on the international operation of autonomous vessels.