This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. Upgrade for premium access here. The decarbonization conundrum in the shipping industry persists due to a multitude of challenges, including the high cost of alternative fuels, th
Taiwanese container shipping giant Yang Ming has been described as the container industry’s ‘emission hero’ for all relevant CEI-covered trades in Q4 2022, according to an analysis of Xeneta’s Carbon Emissions Index (CEI). Xeneta said that Yang Ming was the industry’s only major player to score belo
Seven member states of the International Maritime Organization (IMO) have nominated candidates for the post of Secretary-General, as the term of the current incumbent, Kitack Lim of the Republic of Korea, is set to expire on December 31, 2023. The seven nominees are Moin Uddin Ahmed of Bangladesh, S
Saipem has been awarded three new offshore EPCI contracts and two FEED competition deals, totalling approximately $650 million.
BW Offshore has secured short-term contract extensions for two FPSOs, working on fields located off Nigeria and the Ivory Coast, respectively.
BW Energy has wrapped up the drilling and completion operations at the first well in in its multi-well drilling campaign offshore Gabon.
Alternative fuel ships have accounted for around 60% of new orders since the start of 2022 in GT, primarily driven by LNG dual-fuel vessel orders, and increasingly methanol, and now account for 5% of fleet GT and 47% of orderbook, data from Clarksons shows. Looking at the fleet profile, the shipbrok
The chemical tanker Monjasa Reformer, which went missing for days after getting boarded by pirates on Saturday, March 25, some 140 nautical miles West of Port Pointe-Noire, DR Congo, has been located. Based on an update from the British-French naval maritime response center Maritime Domain Awareness
The UK Government is considering the viability and merits of the Xlinks Morocco–UK Power Project to understand how it could contribute to the UK’s energy security, the government announced in a recent policy paper. The Morocco-UK Power Project is a multi-technology renewable energy project with appr
Heads of Agreement (HOA) has been inked to move forward with the next phases in the development of Equatorial Guinea’s Gas Mega Hub (GMH).
New report by IEEFA points out that adding CCS to fossil-fired power plants will have unsustainable implications on electricity prices.
A chemical tanker Monjasa Reformer was boarded by pirates on Saturday, March 25, some 140 nautical miles West of Port Pointe-Noire, DR Congo. A group of five pirates approached the tanker in a skiff before boarding it, the British-French naval maritime response center Maritime Domain Awareness for T
