
Classification society Korea Register (KR) has signed a memorandum of understanding (MOU) with STX Energy Solution (STX ES) and Daewoo Shipbuilding & Marine Engineering (DSME) to work together on the technology standardization and commercialization of solid oxide fuel cells.

Subsea and offshore drilling services provider Mermaid Maritime has established an indirect wholly-owned subsidiary in Thailand focused primarily on offshore and onshore decommissioning.

Energy industry leaders believe the energy transition is accelerating and that 2022 is set to be a strong year for growth, DNV has said.

Ocean Infinity has placed a new order of six multi-purpose offshore vessels which scales up its remote fleet to 23 vessels, becoming the largest in the world so far.

The steel cutting ceremony for the fifth in a series of eight green ammonia-ready vessels being built for marine robotics company Ocean Infinity was held on Monday, 21 February.

Malaysia’s Velesto Energy has secured a one-year contract with oil major ExxonMobil for operations in Malaysia.

The interest in hydrogen and CCS value chains has been picking up, evident through various projects and collaborations revealed this week.

A drillship owned by Aquadrill, formerly known as Seadrill Partners, has caught fire while docked at a port in Sri Lanka.

German engine manufacturer MAN Energy Solutions has signed a cooperation agreement with Hyundai Global Services (HGS) — an after-sales division of South Korean shipbuilder and engine maker Hyundai Heavy Industries (HHI).

South Korea’s national flagship carrier HMM has seen record profit for 2021, driven by a prolonged freight rate momentum.

Malaysia’s Icon Offshore has secured a drilling contract with oil major ConocoPhillips for operations offshore Sarawak.

Another week has gone by with (green) hydrogen filling our headlines, from new hydrogen carrier projects and hydrogen-powered vessels, to oil giants looking at hydrogen as the next best thing to invest into as they start adding new revenue drivers.