US classification society ABS, South shipbuilder Hyundai Heavy Industries (HHI) and its parent company Korea Shipbuilding and Offshore Engineering (KSOE) have unveiled two joint development projects (JDPs) to develop decarbonization technologies to support global sustainability ambitions.
Marine engine designer and power system integrator WinGD and engine builder Hyundai Heavy Industries’ Engine Machinery Division (HHI-EMD) are to strengthen their collaboration by partnering to develop environmentally sustainable two-stroke engine technology.
Delta Offshore Energy’s LNG-to-Power project for Bac Lieu province will be included in the latest overall plan on Vietnam’s seaport system development.
HullWiper has entered into a partnership with World Subsea Services to bring sustainable and affordable hull cleaning solutions to vessels calling at the Port of Colombo in Sri Lanka.
Offshore wind spending is nearing that of offshore oil and gas and is anticipated to surpass it in several key markets by 2030, Rystad Energy said, with Europe being the first to count more offshore wind than oil and gas investments, followed by Asia (excluding China) and the US. In Europe, the UK a
ExxonMobil has signed a memorandum of understanding (MoU) with Pertamina to assess the potential for large-scale deployment of low-carbon technologies in Indonesia.
Petronas has awarded a Production Sharing Contract for Block PM524, located offshore Malaysia, to Posco International and Petronas Carigali.
Hyundai Global Service (HGS), part of South Korean shipbuilder and engine maker Hyundai Heavy Industries (HHI), has teamed up with Swiss company ABB Turbocharging to offer an engine part-load optimization (EPLO) service for shipowners seeking to cut emissions in line with the International Maritime
Ingine’s Vietnamese subsidiary, Ingine Pacific, has been granted funding support from the United States Agency for International Development (USAID) for its renewable energy project.
Mermaid Maritime’s wholly-owned subsidiary Mermaid Subsea Services Thailand (MSST) has signed a Letter of Intent (LoI) with Swiber Holdings for the purchase of the pipelay vessel.
Massive investment announcements and ambitious new developments in the energy and shipping sectors marked this week on Offshore Energy (well, together with our Offshore Energy Exhibition & Conference), as work on the global energy transition is moving forward through numerous new initiatives.
TGS, a member of the TGS-PGS-Schlumberger consortium, has commenced the seismic data acquisition on the Sarawak multi-client 3D project offshore Malaysia.
