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  • New partnership to decarbonize maritime sector through ammonia deployment

    24 April 2024
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Research & Development, Technology, Vessels

    Hanwha Ocean, Hanwha Aerospace and Amogy have entered a partnership to accelerate the decarbonization of the maritime industry through the deployment of ammonia technology.

  • Eni and Ithaca firm up business combination deal to establish top-tier oil & gas player in UK waters

    24 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Eni has ironed out an agreement on the combination of its upstream assets in the UK, excluding East Irish Sea ones and CCUS activities with Ithaca Energy.

  • Gas discovery at Irish prospect could bring down emissions stemming from energy imports, report finds

    23 April 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Research & Development, Transition

    Europa Oil & Gas has published a report suggesting that its prospect offshore Ireland could help curb the firm’s carbon footprint.

  • As Noble drillship winds down its drilling gig, new bundle of opportunities springs up offshore Africa

    23 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Noble Corporation has unveiled a set of new assignments for one of its drillships off the coast of Africa.

  • Uniper and Salzgitter ink preliminary hydrogen supply deal

    23 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development

    German companies Uniper and Salzgitter have signed a pre-contract for the supply and purchase of green hydrogen.

  • SFL buys LNG dual-fuel chemical tanker duo, seals charter deal with Stolt Tankers

    23 April 2024
    Vessels

    Bermuda-based shipowner and charterer SFL Corporation has decided to acquire two liquefied natural gas (LNG) dual-fuel chemical tankers for a price tag of $114 million.

  • After LS Cable & System, Hellenic Cables gets financial push for US cable factory

    23 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Transition, Vision

    Hellenic Cables Americas, the U.S. subsidiary of Belgian Cenergy Holdings, has received financial support from the U.S. Department of Energy (DOE) for its planned cable manufacturing facility in Maryland. Hellenic Cables Americas is planning to build a new cable manufacturing facility in Baltimore, Maryland, of approximate value of $300 million, subject to a final investment […]

  • ExxonMobil’s pipeline rupture at gas platform offshore Australia prompts calls to raise the regulatory action bar

    23 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Equipment, Exploration & Production, Operations & Maintenance, Regulation & Policy, Safety

    The Maritime Union of Australia (MUA) is adamant that a recent gas pipeline rupture at a platform offshore Australia spotlights the need for regulatory action.

  • IBIA and BIMCO to jointly address fuel and maritime challenges

    23 April 2024
    Collaboration, Market Outlooks, Outlook & Strategy, Transition

    The International Bunker Industry Association (IBIA), the voice of the global bunker industry, and BIMCO, the world’s largest international shipping association, have signed a memorandum of understanding (MoU) to collaborate on some of the monumental challenges and opportunities within the areas of bunker, marine energy and maritime sectors and help facilitate shipping’s decarbonization efforts.

  • H2Carrier plans Power-to-X production of hydrogen and ammonia in Norway

    23 April 2024
    Authorities & Government, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Technology

    H2Carrier has applied to the NVE for the development of two large onshore wind farms in Finnmark County to produce green hydrogen and ammonia.

  • Wärtsilä’s eco solutions picked for six Sallaum Lines’ PCTCs

    23 April 2024
    Equipment, Vessels

    Finnish technology firm Wärtsilä has been contracted to supply a range of solutions aimed at minimizing the carbon footprint of six new pure car and truck carriers (PCTCs) owned by Dubai-based Sallaum Lines DMCC.

  • Mocean Energy’s wave energy converter back to shore after 12-month offshore testing

    23 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Transition, Vision

    Mocean Energy’s Blue X wave energy converter and Verlume’s Halo underwater battery storage system have returned to shore after over 12 months of testing at sea off Orkney as part of the Renewables for Subsea Power (RSP) project that combines wave energy with subsea storage to power subsea equipment. This £2 million RSP project, which […]

  • OSG wins $3M US DOE grant to design vessel for LCO2 transport

    23 April 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Vessels

    The US-based energy transportation services provider Overseas Shipholding Group (OSG), has been awarded a $3 million grant from the United States Department of Energy (US DOE) for the engineering and design of a new vessel that will transport liquified carbon dioxide (LCO2).

  • Fugro’s self-elevating platform moves to Japan to pursue geotechnical work

    23 April 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels, Vision

    Fugro has transferred its self-elevating platform (SEP) Amberjack to Japan in order to easier support the local offshore wind market with geotechnical services. Amberjack was reflagged in December 2023 and is now based in Tokyo, from where it will be deployed to Japanese wind farm projects and provide clients with geotechnical borehole drilling, high-quality sampling, […]

  • Peninsula delivers biofuel to NYK’s PCTC in Belgium

    23 April 2024
    Ports & Logistics, Vessels

    Marine fuel supplier Peninsula has delivered B30 biofuel to car carrier Garnet Leader, owned by Japanese shipping company NYK, in Zeebrugge, Belgium.

  • Noble drillship put in charge of previously interrupted drilling campaign offshore Africa

    23 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Trident Energy has decided to resume its infill drilling campaign on Block G offshore Equatorial Guinea with a drillship owned by Noble Corporation.

  • Vår Energi’s intra-group merger approaching the finish line

    23 April 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Vår Energi has approved the plan for the recently announced intra-group merger with its wholly-owned subsidiary Vår Energi Norge.

  • UK backs AI and smart shipping solutions with fresh funding

    23 April 2024
    Business & Finance, Business Developments & Projects, Innovation, Ports & Logistics

    The UK Government has launched the Smart Shipping Acceleration Fund to drive maritime innovation and harness the benefits of artificial intelligence (AI) to boost the productivity of the maritime sector.

  • ‘World-first’ eco-friendly cable protection system deployed offshore Scotland

    23 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Equipment, Innovation, Outlook & Strategy

    What is said to be the world’s first eco-friendly cable protection system has been deployed at sea, The Crown Estate, UK seabed manager, reported. The UK’s Crown Estate announced that earlier this month the world’s first carbon-neutral and plastic-free cable protection was deployed off the coast of Scotland, in place of the traditional concrete protection […]

  • Chinese duo eyes hydrogen, ammonia and methanol maritime opportunities

    23 April 2024
    Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Green Marine, Outlook & Strategy, Project & Tenders, Research & Development, Storage

    CEEC Hydrogen Energy has signed a strategic cooperation agreement with Headway Technology Group (Qingdao) on cooperation in hydrogen.

  • Woodside’s mega gas project taking shape as largest compressor module makes it to Australia

    23 April 2024
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Infrastructure

    Woodside is progressing the development of its huge gas project off the coast of Western Australia with the arrival of a large compressor module at the Pluto Train 2.

  • Gas field surpasses its export capacity to ensure energy security in Philippines due to grid alert

    23 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Prime Energy has tucked a new export capacity milestone under its belt at a natural gas field off the coast of the Philippines, Asia.

  • Middle East’s brewing cauldron of geopolitical tensions: Are oil & gas and LNG prices at risk of spiking to 2022 levels?

    22 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Safety, Vessels

    The Iran-Israel escalation puts the Middle East on the verge of a wider war with the potential to wreak havoc on global trade flows, and oil, gas, and LNG exports.

  • EPS and Yinson GreenTech join forces on electric vessel trials in Singapore

    22 April 2024
    Collaboration, Outlook & Strategy

    Yinson GreenTech (YGT), a Singapore-based green technology solutions provider, has signed a letter of intent (LOI) with compatriot shipping company Eastern Pacific Shipping (EPS) to work together on electric vessel deployments in Singapore.

  • Industry-first advisory on methanol bunkering published by ABS

    22 April 2024
    Certification & Classification, Infrastructure, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Safety

    Classification society ABS has published an industry-first advisory on methanol bunkering.