Search results for:

10000 results

A list of search results

  • HUB Ocean, Mærsk Mc-Kinney Møller Center form knowledge partnership

    10 November 2022
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Research & Development, Transition

    HUB Ocean, a Norway-based center dedicated to sharing ocean data, and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a Knowledge Partnership Agreement. HUB Ocean is an independent, non-profit tech foundation that invests considerable resources into unlocking ocean data. Its flagship product, the Ocean Data Platform, aggregates big ocean data from multiple sources, […]

  • Schottel claims 25% energy consumption reduction on RoPax ferry retrofits

    10 November 2022
    Business Developments & Projects, Equipment, Vessels

    German propulsion system manufacturer Schottel has revealed that installing its two EcoPellers onboard a RoPax ferry resulted in a 25 per cent reduction in energy consumption.

  • Yara Clean Ammonia to use Amogy’s ammonia-to-power system in shipping projects

    10 November 2022
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Technology, Transition

    Brooklyn-based technology startup Amogy has signed a collaboration agreement with Yara Clean Ammonia (YCA), a decarbonization-focused subsidiary of global ammonia producer, Yara International ASA. Under the memorandum of understanding (MOU), Yara will consider Amogy’s ammonia-to-power system as a zero-emissions solution for use within future shipping projects. The companies will also pursue opportunities with external partners, including shipowners, for […]

  • TGS kicks off 3D data reprocessing project off Uruguay

    10 November 2022
    Business Developments & Projects, Project & Tenders

    TGS has commenced a 3D data reprocessing program offshore Uruguay, which covers blocks in the country’s active licensing round. Tannat 3D PSDM Repro consists of 25,000 square kilometers. According to TGS, the data will be regionally integrated and reprocessed using advanced techniques, including de-ghosting, improved velocities and pre-stack merge and migration to depth. This newly […]

  • Investment decision for Barents Sea project postponed amid cost growth in supply industry

    10 November 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    Equinor and its Wisting project partners have decided to postpone the investment decision scheduled for December 2022.

  • QatarEnergy and MOL expand partnership with three new LNG carrier deals

    10 November 2022
    Business Developments & Projects, Vessels

    State-owned oil and gas company QatarEnergy has signed another long-term charter contract with a subsidiary of Japanese shipping company Mitsui O.S.K. Lines (MOL) for three newbuild liquefied natural gas (LNG) carriers. The contract includes three LNG carriers to be built at Hudong-Zhonghua Shipbuilding in China. The vessels are scheduled for delivery in 2027. With the latest […]

  • MOL, Chevron to explore CO2 shipping from Singapore to Australia

    10 November 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration

    Chevron Corporation, through its Chevron New Energies International Pte subsidiary, and Mitsui O.S.K. Lines, Ltd. (MOL) have inked a Joint Study Agreement to explore the feasibility of transporting liquified carbon dioxide from Singapore to permanent storage locations offshore Australia. 

  • Green light for Aker BP to kick off North Sea drilling ops with Saipem rig

    10 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Aker BP has secured two types of permits from Norwegian authorities for drilling operations in the North  Sea off Norway.

  • Stena and OljOla to build methanol bunkering vessel for North Europe

    10 November 2022
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Transition, Vessels

    Swedish companies Stena Oil, Stena Teknik and OljOla have entered into a joint venture agreement to build a bunker supply vessel designed to carry chemicals as per IMO Type II, including methanol and various bio-fuels. “It is our greatest pleasure to inform that through the close cooperation between the named parties, Stena Oil and OljOla […]

  • Enauta embarks on drilling campaign offshore Brazil

    10 November 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Enauta has kicked off the drilling of the first well in its three-well drilling campaign on a field offshore Brazil.

  • ExxonMobil eyes another FPSO order with SBM Offshore

    9 November 2022
    Business & Finance, Business Developments & Projects, Vessels

    ExxonMobil plans to order another floating production storage and offloading (FPSO) vessel for a project in Guyana from SBM Offshore.

  • Skarv Shipping to build four multi-fuel shortsea bulkers

    9 November 2022
    Business & Finance, Business Developments & Projects, Green Marine, Innovation, Transition, Vessels

    Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, has teamed up with compatriot Peak Group AS to establish a joint venture named Skarv Shipping Solutions. The JV founders said that the company aims to help ship and cargo owners reduce their emissions of greenhouse gases and reach their climate goals. Ships transport […]

  • Halten Bulk wins Enova funding for hydrogen-powered bulker duo

    9 November 2022
    Business Developments & Projects, Vessels

    Norway-based company Halten Bulk AS has received NOK 142 million ($13.8 million) for the construction of two hydrogen-powered ships from Enova, a state enterprise owned by the Ministry of Climate and Environment that promotes renewable energy use.

  • Dana enters North Sea acreage close to giant Buzzard field

    9 November 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Finder Energy has signed farm-out agreements to assign a 40 per cent interest in three licences located in the UK North Sea to Dana Petroleum.

  • BP takes the stage at Offshore Energy Exhibition & Conference

    9 November 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition, Vision

    BP is joining this year’s Offshore Energy Exhibition & Conference (OEEC) in Amsterdam as the sponsor of The Stage and one of its participants. In three weeks, this open stage on the exhibition floor will put a spotlight on a variety of aspects from the offshore energy sector, from market insights to human capital. The […]

  • Wood secures FEED work on Norwegian large-scale green hydrogen project

    9 November 2022
    Business Developments & Projects, Project & Tenders

    Gen2 Energy has contracted consulting and engineering firm Wood for the front-end engineering design (FEED) scope of its green hydrogen production facility, located in Mosjøen in northern Norway. In the first phase, Gen2 Energy plans to build a 100MW plant with continuous production of around 45 tonnes of green hydrogen per day. This is the […]

  • Erik Thun’s dual-fuel product tanker starts taking shape

    9 November 2022
    Business & Finance, Business Developments & Projects, Green Marine, Vessels

    China Merchants Jinling Shipyard in Yangzhou has cut steel for Erik Thun’s Vinga series dual-fuel product tanker ordered in March this year. The 17,999 dwt vessel is a sister to Thun Venern, and it is the latest contribution to the “Vinga-series” of nine previous sister vessels, all trading within the Gothia Tanker Alliance. All the […]

  • Saab Seaeye underwater robot hits the water at ‘rig to reef’ project

    9 November 2022
    Equipment, Project & Tenders, Technology

    The Saab Seaeye Falcon underwater robot is taking part in a project in Angola that will see the transformation of an oil platform into an artificial reef. The Falcon is assisting in the survey and mapping of underwater components, including checking the wellhead, pipelines and the surrounding maritime environment. Baseline environmental conditions are determined by […]

  • Dutch bio-LNG production plant for maritime industry enters build phase

    9 November 2022
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition

    The Dutch companies Attero, Nordsol and Titan have reached the final investment decision (FID) for their bio-LNG project, FirstBio2Shipping, which now enters the construction phase. The three partners announced the FID on 9 November after meeting at the site for the proposed plant, located at the facility of waste processor Attero in Wilp, the Netherlands. […]

  • HHI’s next-gen regasification system concept gets nod from ABS

    9 November 2022
    Business Developments & Projects, Certification & Classification, Equipment

    Classification society ABS has granted approval-in-principle (AiP) for a next-generation concept of a regasification system (Hi-ReGAS+) from South Korean Hyundai Heavy Industries Group (HHI).

  • Rovco partners with HOM for wind work offshore Japan

    9 November 2022
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    UK-based Rovco and Horizon Ocean Management (HOM) have signed a memorandum of understanding (MoU) for through-life subsea asset integrity and balance of plant survey solutions for the Japanese offshore wind market. The agreement will see both parties work together to analyse the Japanese offshore wind market and develop a better understanding of the demand in […]

  • France to bankroll development of zero-emission ships with €300 mln, backed by $200 mln from CMA CGM

    9 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    France plans to assign € 300 million in public funding to help catalyze the decarbonization of its shipping sector and the development of zero-emission vessels. The move was announced by the French secretary of state in charge of maritime affairs, Hervé Berville at a conference held in Lille on Tuesday, as part of the “France-Mer […]

  • ExxonMobil makes new discovery in Angola’s waters

    9 November 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    U.S. oil major ExxonMobil has made a discovery in waters offshore Angola after drilling an exploration well using a Valaris-owned drillship.

  • Spain’s Gandia to house Europe’s 1st energy self-sufficient port

    9 November 2022
    Business Developments & Projects, Ports & Logistics, Transition

    The Port of Gandia is set to become Europe’s first energy self-sufficient port after the installation of the solar energy plant, the Port Authority of Valencia (PAV) has revealed.

  • Ofgem: FAB Link retains cap and floor regime in principle

    9 November 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation

    FAB Link, an interconnector that will link Great Britain and France, is retaining its cap and floor regime in principle, Ofgem announced following the needs case reassessment for the project. The FAB Link project, being jointly developed by FAB Link Limited and Réseau de Transport d’Électricité (RTE), will be an electricity interconnector between Exeter in […]