Green hydrogen producers have agreed to produce 11 million tons of the low-emissions fuel for use by the shipping sector by 2030 as part of a Joint Commitment that aims to enable the use of renewable hydrogen-derived shipping fuel this decade to meet maritime industry decarbonization targets. The Jo
Baker Hughes’ rig count report points out that one more rig joined the working fleet in November 2023 compared to the month before.
Wagenborg Foxdrill has finished with an offshore lifting project, which entailed derrick removal for Perenco’s platform repurposing project.
The International Windship Association (IWSA) has issued an open letter to the Heads of State and delegates at the 28th Conference of the Parties of the UNFCCC (COP 28), urging them to recognize the vital role of direct wind propulsion in the decarbonization of the maritime sector. This appeal, alig
The Blue Mediterranean Partnership, a collaborative initiative aimed at fostering a sustainable blue economy in the Mediterranean region, has received a substantial boost with key stakeholders, donors, and beneficiary country representatives signing a letter of intent at COP28, vowing to make the pa
Dolphin Drilling has pulled the plug on its contract for a semi-submersible rig with Peak Petroleum for operations off Nigeria.
AGR has been awarded a well management contract by Apus Energia for a deepwater exploration well in the Sinapa license offshore Guinea-Bissau.
The number of green corridor initiatives around the world went from 21 to 44 over the past year, according to the findings of the 2023 Annual Progress Report on Green Shipping Corridors released by the Global Maritime Forum. The report finds that there is a ‘substantial maturation’ among existing co
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, the U.S. Department of State, the U.S. Department of Energy, and the Danish Government have joined forces to resource and execute pre-feasibility studies for green corridors in five countries in the Global South, as announced on Friday at C
A global decarbonization charter, inked by 50 oil and gas firms to speed up climate action, will have a high-scale impact within the industry.
The maritime and offshore energy industries share a decarbonization drive and seek to develop long-term net zero solutions to combat climate woes.
The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory conditions to accelerate the transition to green
