Decarbonization of shipping and new environmental regulations in the next decade combined with geopolitical issues and workforce and skill shortages have emerged as the top three issues dominating maritime leaders’ agendas. These are the findings of the fifth annual Global Maritime Issues Monitor jo
McDermott International has been awarded a contract by TotalEnergies for work on its Begonia project in Angola.
Seismic vessel PXGEO 2 has begun a 3D project in the North Sea following the completion of an eight-month assignment offshore Egypt. PXGEO 2 is operating on a high-resolution 3D project in the North Sea, which came after the completion of a towed streamer project for TGS in the Egyptian Red Sea. On
BP’s Tortue FPSO drifted off the quayside while at a shipyard in Qidong, China following an impact of Typhoon Muifa last week.
A new report outlines challenges for the long-term energy transition outlook as the global energy crisis unfolds.
Offshore drilling contractor Stena Drilling has secured a new drilling contract from CNOOC for operations offshore Gabon.
The Middle East and North Africa (MENA) region could emerge as a leader in global steel decarbonisation with investment in green hydrogen and renewable energy, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). As the global steel industry moves to swit
The demand for containerships is expected to increase by 10 percent as of 2023 as shipowners move forward with the implementation of the IMO 2023 regulations, BIMCO estimates. Meeting Energy Efficiency Existing Ship Index (EEXI) and achieving a good Carbon Intensity Indicator (CII) rating is a hot t
Chinese shipyard COSCO has completed the construction of an FPSO vessel for BP’s Greater Tortue Ahmeyim project in Mauritania and Senegal.
BW Offshore has received a short-term contract extension for an FPSO operating for Vaalco offshore Gabon.
Egyptian president Abdel Fattah El-Sisi has met with the founder of Fortescue Future Industries (FFI), a subsidiary of Australian iron ore company Fortescue Metals Group, to discuss the development of green energy projects in the region as the country prepares to host the 2022 United Nations Climate
The volatility within the energy market has forced nations to look inward for solutions to this global issue and cut their reliance on energy imports or diversify their sources of supply. Looking longer-term, if this approach becomes a policy and not a one-off solution to a one-off problem, this kin
