Classification society Bureau Veritas (BV) has unveiled the results of new modeling research which confirmed the potential hefty cumulative impact of operational and technical efficiency measures in keeping shipping within its “carbon budget” to 2050.
Tekmar Group has reported improved financial performance for the 2023 financial year with a revenue of £39.9 million, compared to £30.2 million in FY22. Deemed a pivotal year that saw instability in the offshore wind market, Tekmar said it had stabilized the business in 2023. Tekmar saw an adjusted
Inpex Masela has awarded Fugro a significant marine survey contract for a liquefied natural gas (LNG) project in Indonesia.
Thailand-headquartered subsea services provider Mermaid Maritime has established a joint venture company with a Vietnamese partner for the delivery of offshore subsea services in Vietnam. The JV company was established by Mermaid Subsea Services (Thailand) which holds 50% and Tan Cang Offshore Servi
While offering its predictions for 2024, Wood Mackenzie has outlined several key themes to watch in global and corporate upstream sectors.
Clean energy solutions provider Gentari, through its subsidiary Gentari Hydrogen, has signed a heads of agreement (HOA) with SEDC Energy (SEDCE) for the joint development of a centralized hydrogen production hub in Sarawak’s Bintulu, Malaysia. The agreement for the production hub, to be known as the
Malaysia’s Tenaga Nasional Berhad (TNB) has started a hydro floating solar hybrid (HHFS) photovoltaic (PV) project, following the success of its floating solar trial project which was commissioned in 2019. The project is being developed under the national energy transition plan (NETR) at the company
South Korean shipping company HMM has been recognized for its sustainable practices and corporate transparency on climate change by the international environmental non-profit CDP, securing an ‘A-’ score.
TC Sungenergy (TCS), a subsidiary of Malaysia-based Tan Chong Motor Holdings Berhad (TCMH), has kicked off operations from its first large-scale floating solar photovoltaic (LSSPV) plant. TCS Floating LSSPV, located in Serenedah, which started delivering renewable energy on January 5, 2024, marks TC
The World Shipping Council (WSC) is proposing a solution to the challenge of crafting a global greenhouse gas pricing regulation that encourages investment in green fuels, as the UN International Maritime Organisation works towards its target of achieving net-zero carbon emissions in the shipping in
This article is written by Gavin Allwright, Secretary General – International Windship Association When taking time to reflect on the past year, I would argue that 2023 was the year in which our industry took the gloves off and got down to business when it came to decarbonization. At COP28 in Decemb
Eni and TotalEnergies are going to undertake a full evaluation of the hydrocarbon resources in a gas discovery offshore Cyprus.
