The Mission to Seafarers has published the latest Seafarers Happiness Index report for Q1 2023, revealing a decline in overall happiness levels among seafarers during the first three months of the year. The Seafarers Happiness Index (SHI) report covers ten key questions that provide insights into th
Worley has been awarded a contract to provide detailed engineering design services for Petronas’ huge CCS project offshore Sarawak, Malaysia.
In its new report “Solid Oxide Fuel Cells 2023-2033: Technology, Applications and Market Forecasts,” technology company IDTechEx provided an overview of the solid oxide fuel cell (SOFC) market and projected its value to reach $6.8 billion by 2033. More specifically, the report includes an assessment
There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in
Noble has won new contracts and extensions for multiple rigs in Guyana, Colombia, the U.S. Gulf of Mexico, and offshore Sarawak, Malaysia.
Following a 4 percent increase in average sailing speed during the COVID-19 pandemic triggered by strong demand and widespread port congestion, the situation today is very different in the liner sector. Namely, during the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down
Despite oil demand in the transport sector being forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement, the recent Transport in Transition report from DNV shows. Today, transport of passengers and goods accounts for about a quarte
Conrad has set the wheels into motion to farm down a portion of its interest in the Duyung PSC, containing a gas field off Indonesia.
MISC Berhad has unveiled – what it deems to be – the world’s first future-ready newbuild floating production storage and offloading vessel.
Canada-based oil and gas company Valeura Energy has restarted production from an oil field project in the Gulf of Thailand.
New projects in the transformation of the offshore energy sector are here. In this process, the industry is dealing with the following questions: to provide energy that is secure, affordable and lower in carbon. The European Union (EU) and Norway recently formed a Green Alliance to strengthen their
The Maritime and Port Authority of Singapore (MPA) and eight top classification societies have signed a Letter of Intent (LOI) to collaborate on maritime digitalisation and decarbonisation. The LOI was signed during the Accelerating Decarbonisation Conference at Singapore Maritime Week on 27 April 2
