ZTT Submarine Cable & System has secured a contract with a local contractor in Vietnam to deliver 83 kilometers of submarine composite cable for the Tan Phu Dong 1 nearshore wind project. ZTT is set to provide the bespoke design, supply and delivery of 35 kV submarine composite cable for the Tan Phu
South Korean shipbuilder Samsung Heavy Industries (SHI) and Seaborg Technologies, a Denmark-based startup focused on nuclear reactor technology, have entered into a partnership to develop floating nuclear power plants.
Malaysian state-owned oil and gas company Petronas has revealed that one of its employees has been arrested over suspected graft.
Surging oil, gas and power prices together with the EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.
DGPS, a subsidiary of Osaka Gas, has been awarded front FEED contract for the expansion project of Taichung LNG receiving terminal in Taiwan.
TGS has commenced a new 3D reprocessing project offshore Malaysia, the first stage of which will cover a 16,957 square kilometer area, integrating existing 3D seismic data off Peninsular Malaysia. Thirty-six 3D seismic surveys of varying vintages covering a key part of the Malay Basin will be proces
Offshore rig owner Borr Drilling has been awarded new contracts and extensions for five of its jack-up drilling rigs.
The money raised through carbon pricing could be allocated towards many purposes. The decarbonization of the shipping industry itself is priority number one, according to a new report released by the World Bank.
Both government and commercial efforts are needed to speed up the transition to clean energy, since, as Shell says, the transition is not just about reducing CO2 emissions, but it is rather a political balancing act that needs government-led policies.
There was a notable increase in zero-emission projects in the past year, according to the Getting to Zero Coalition’s third update of Mapping of Zero Emission Pilots and Demonstration Projects in shipping.
PTTEP has set a goal to achieve net-zero emissions by 2050 with the help of technology, employing CCS, zero routine flaring and renewables.
The International Renewable Energy Agency (IRENA) believes that energy transition holds the key to tackling global energy and climate crisis.
