A gas field, which is part of a development project covering a cluster of satellite fields located offshore Indonesia, has been brought on stream.
Shipping organizations and initiatives across the shipping value chain, joined by the largest producers of green hydrogen, today signed on to a joint statement at COP27, committing to the rapid and ambitious production and use of low-carbon fuels based on green hydrogen to accelerate shipping’s deca
During the opening of the United Nations Climate Change Conference COP27, currently underway in Egypt, a call to ensure the full implementation of the Paris Agreement echoed once again, as severe geopolitical conflicts and tensions seem to demand actions that are not fully in line with the Paris rul
Cargo owner-led network Cargo Owners for Zero Emissions Vessels (coZEV) has released a ‘Roadmap to 2040’, which outlines action areas cargo owners can start taking in 2023 to enable full decarbonization of their ocean freight by 2040. Reaching net-zero by 2040 has been established as a target by the
Chevron New Energies, Keppel New Energy and Pertamina Power Indonesia have signed a joint study agreement to explore the development of selected green hydrogen and green ammonia projects using renewable energy located primarily in Sumatera, Indonesia. Under the agreement, the parties will explore th
As many as 800,000 seafarers will require additional training by the mid-2030s to enable the shipping industry to transition towards alternative low- and zero-carbon fuels and technologies with the aim of keeping global warming to 1.5C or less by 2050, a DNV study shows. Findings also suggest that a
Hitachi Energy and Equinor have signed a strategic agreement to collaborate within electrification, renewable power generation, and low-carbon initiatives worldwide. Initial areas of focus for the collaboration include developing standardized base designs to be applied for high-voltage direct curren
Singapore’s Strategic Marine has won a contract to deliver two Fast Crew Boats (FCB) to Malaysia’s Centus Marine.
Hess has picked Malaysia’s rig owner Velesto Energy to carry out the drilling work on a project located offshore Peninsular Malaysia.
Qatar’s state-owned oil and gas company QatarEnergy has awarded long-term charter contracts to Malaysian energy logistics group MISC Berhad and its consortium partners for additional five newbuild liquefied natural gas (LNG) carriers. MISC’s consortium partners include shipping companies Nippon Yuse
Mitsubishi Heavy Industries (MHI) and Indonesia Power have signed a memorandum of understanding (MoU) to advance solutions to accelerate the decarbonisation of energy systems in Indonesia. Specifically, the parties agreed to commence three feasibility studies on co-firing less carbon-intensive fuels
Wind propulsion needs to be integrated into the regulatory process as soon as possible, and declassified from a ‘fuel efficiency measure’ to a ‘propulsive power provider’, according to a recently submitted paper by several member states and the International Windship Association (IWSA). The document
