Anglo-French oil and gas player Perenco has taken a final investment decision (FID) for the construction of a liquefied natural gas (LNG) production unit in Gabon. The LNG plant will be built at the Cap Lopez oil terminal that Perenco acquired from TotalEnergies in 2021. The planned LNG production u
Africa Oil Corp. has entered into Equatorial Guinea, thanks to the inking of two production sharing contracts (PSCs) for two offshore blocks.
Panoro Energy has expanded its portfolio offshore Equatorial Guinea, following the award of a stake and operatorship in offshore Block EG-01.
Biofuels have emerged as a promising solution that can be implemented without significant changes to existing infrastructure. Nevertheless, there are numerous challenges hampering their wider adoption.
Energean Egypt and Shell Egypt have entered a Memorandum of Understanding (MoU) to explore a mutually beneficial decarbonisation solution. According to Energean, the MoU is designed to support the decarbonisation and the energy transition of the Arab Republic of Egypt, contributing to global efforts
Africa has the potential to become a leading force in seafarer training and could secure many of the new green jobs being created as the global shipping industry moves towards low- and zero-carbon fuels, according to delegates at the Green Shipping Conference held in Accra. The conference is being h
Nine ocean carrier members of the Digital Container Shipping Association (DCSA) have committed to 100% adoption of an electronic bill of lading (eBL) based on DCSA standards by 2030. The bill of lading is one of the most important trade documents in container shipping. It functions as a document of
The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted a revised proposal to the International Maritime Organization (IMO) that reaffirms the industry’s commitment to meet 2050 net-zero carbon goals. The proposal champions a Fund and Rewar
One of Dolphin Drilling’s semi-submersible rigs is now on its way to Nigeria, where it will start its new drilling campaign in March 2023.
Abu Dhabi’s renewable energy company Masdar has signed an agreement with the International Finance Corporation (IFC), a global development institution focused on the private sector in developing countries, to explore areas of collaboration to support climate action for emerging markets. The parties
Borr Drilling has secured more work for three premium jack-up rigs, thanks to a new deal and two contract extensions.
The number of wind-installed vessels is set to double in the next twelve months, according to estimates from the International Windship Association (IWSA). At the moment, the wind-assisted cargo capacity is standing at 1.4 million dwt with 22 large ships installed, 2 wind-ready ships, and a further
