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  • EU urged to lead the way in global maritime decarbonization efforts

    18 March 2024
    Regulation & Policy

    The Carbon Intensity Indicator (CII), integral to global efforts to enhance energy efficiency in shipping and cut emissions, will be on the table for discussion as the International Maritime Organization (IMO) members convene in London at the Marine Environmental Protection Committee (MEPC 81).

  • IEA: Oil in transit reaches record highs due to shipping disruptions

    18 March 2024
    Infrastructure, Market Outlooks, Outlook & Strategy, Vessels

    Shipping disruptions through the Red Sea are pushing the amount of oil in transit to record levels, according to the latest International Energy Agency (IEA) Oil Market Report (OMR).

  • Clean Arctic Alliance urges IMO to create new emission control areas in Arctic

    18 March 2024
    Authorities & Government, Environment, Rules & Regulation, Transition

    The Clean Arctic Alliance has urged the International Maritime Organization (IMO) member states to agree to the creation of new areas in the Arctic that will be protected from polluting air emissions from shipping.

  • K Line, Tokyo Gas team up on liquefied CO2 marine transportation for CCS

    18 March 2024
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Research & Development

    Japanese shipping company Kawasaki Kisen Kaisha (K Line) has reached an agreement with compatriot gas supplier Tokyo Gas to work on a joint study of liquefied carbon dioxide (CO2) marine transportation to achieve carbon dioxide capture and storage (CCS).

  • TotalEnergies resumes gas flow from first field as North Sea project enters ‘core’ start-up phase

    18 March 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    TotalEnergies is days away from bringing its redevelopment project in the Danish sector of the North Sea back online, as gas from one of the fields flows into the offshore facilities.

  • ‘World’s largest tidal scheme’ takes next step toward realization

    18 March 2024
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders, Technology

    Liverpool City Region’s Mayor has presented the UK’s “first of a kind” barrage scheme between Wirral and Liverpool for the city region’s flagship Mersey Tidal Power project. Said to have the potential to become the “world’s largest” tidal scheme, the Mersey Tidal Power project would potentially create thousands of local jobs, bringing economic and resilience […]

  • France looking at options to increase interconnection capacity with UK

    18 March 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    The French Energy Regulatory Commission is investigating the opportunity for a new electricity interconnection between France and the UK, in addition to three that are currently operating. France’s Commission de régulation de l’énergie (CRE) launched a public consultation on March 5 concerning the opportunity to increase interconnection capacity between the two countries, as well as […]

  • New liquid biogas plant on the horizon in Port of Gothenburg

    18 March 2024
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Storage

    Nordion Energi and St1 signed an agreement for the supply of liquid biogas in the Port of Gothenburg where new facility is being planned.

  • ONE completes its first EU carbon allowance transaction

    18 March 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Singapore-based shipping company Ocean Network Express (ONE) has finalized its inaugural European Union Allowances (EUA) transaction with French bank BNP Paribas.

  • MAN ES delivers world’s largest, ammonia-ready SCR to Mitsui E&S

    18 March 2024
    Collaboration, Equipment

    German engine manufacturer MAN Energy Solutions (MAN ES) has delivered a massive Cluster 5 Double Layer selective catalytic reduction (SCR) catalytic converter to Japanese heavy industries company Mitsui E&S.

  • Sempra breaks ground on Port Arthur LNG

    18 March 2024
    Business Developments & Projects, Infrastructure, Project & Tenders, Research & Development

    Sempra Infrastructure has hosted a groundbreaking ceremony for Port Arthur LNG in Jefferson County, Texas.

  • New ‘major’ oil discovery comes to light offshore China

    18 March 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    CNOOC Limited has made a significant oil discovery in the northcentral waters of the Bohai Sea off the coast of China.

  • ADNOC seals second long-term LNG deal for Ruwais project

    18 March 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    ADNOC and SEFE signed a long-term agreement for the delivery of 1 mmtpa of LNG from low-carbon Ruwais LNG project.

  • Ports of Trelleborg and Lübeck to build green shipping corridor

    18 March 2024
    Infrastructure, Ports & Logistics

    The Port of Trelleborg, the Port of Lübeck and German ferry company TT-Line have signed a Memorandum of Understanding (MoU) to build a green shipping corridor between Lübeck-Travemünde, Germany, and Trelleborg, Sweden.

  • Final subsea system components headed to Enauta’s Santos Basin field for first oil 

    18 March 2024
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders

    Final subsea system components destined for Enauta’s field development project in the Santos Basin are on their way from the UK to Brazil. Brazilian oil and gas player Enauta reported on March 15 that the flexible pipeline system, the last pending subsea system equipment for the FPSO Atlanta production, had shipped to Brazil. The delivery is […]

  • Intra-group merger on Vår Energi’s agenda

    18 March 2024
    Business & Finance, Business Developments & Projects

    Vår Energi has set the wheels into motion to complete an intra-group merger with its wholly-owned subsidiary Vår Energi Norge.

  • Smart Green Shipping: On-land testing of FastRig kicks off

    18 March 2024
    Business Developments & Projects, Technology

    UK systems design house Smart Green Shipping has commenced on-land testing of FastRig, a wingsail that harnesses wind power to deliver thrust to the ship and can reduce shipping emissions by up to 30%.

  • Siem Offshore’s vessel staying busy outside North Sea throughout 2024

    18 March 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    An AHTS vessel from Siem Offshore has been hired for the rest of the year by an undisclosed firm, which is said to be an international oil major.

  • Jan De Nul buys electric ROV for ‘world’s largest cable-laying vessel’

    18 March 2024
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders, Technology, Vessels

    Jan De Nul Group has purchased an electric remotely operated vehicle (ROV) from UK subsea engineering and technology company SMD for what is said to be the world’s largest cable-laying vessel (CLV). SMD’s Quantum EV will be integrated into Jan De Nul’s new CLV Fleeming Jenkin and deployed to offshore energy projects globally.  “We are […]

  • Venture Global LNG buying nine newbuild LNG ships

    18 March 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Vessels

    U.S. LNG producer Venture Global LNG is acquiring a fleet of nine LNG-powered vessels, currently under construction in South Korea, to advance the integration of its business across the entire LNG supply chain.

  • HD KSOE to build ammonia carrier trio under $372 million deal

    18 March 2024
    Vessels

    South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured an order for the construction of three very large ammonia carriers (VLACs).

  • ACWA Power allies with LONGi for its green hydrogen project in Uzbekistan

    18 March 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development

    ACWA Power and LONGi Hydrogen have partnered up for the first phase of a 3,000 tonne-per-year green hydrogen project in Uzbekistan.

  • Multi-million drilling job takes Dolphin semi-sub rig to India

    18 March 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Dolphin Drilling has secured a long-term contract for one of its semi-submersible rigs with Oil India Limited for operations off the coast of India.

  • One of world’s largest semi-sub rigs comes back to UK port ahead of resuming drilling gig with BP

    18 March 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Ports & Logistics, Project & Tenders

    A giant rig has returned to the UK’s Kishorn port to prepare for its return to the drilling campaign with BP in the UK North Sea.

  • Ulstein unveils new subsea vessel

    15 March 2024
    Business & Finance, Business Developments & Projects, Innovation, Market Outlooks, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian shipbuilder and ship designer Ulstein has developed a new subsea vessel for floating and fixed installations in the offshore wind market, as well as for offshore oil & gas. Ulstein said that the SX232 is based on three core principles, including an optimized hull design based on the Ulstein Twin X-Stern, a smart power and propulsion […]