Biden administration is stuck between a rock and a hard place while trying to reconcile its climate agenda and offshore wind ambitions with the IRA’s giveaways to the fossil fuels lobby.
NYSE-listed tanker owner and operator Overseas Shipholding Group (OSG) has unveiled a $30,000 scholarship initiative aimed at removing financial barriers for women entering the maritime industry. The scholarship funds will be used to support the Women Offshore Foundation’s 2024 Summer Sea Term Schol
Cruise line Holland America Line has recently installed a shore power system onboard its vessel Volendam, completing the outfitting of all eleven ships with shore power.
America is in need of an all-inclusive energy strategy, which features natural gas as a crucial element along with renewable energy, to come to grips with climate and energy challenges.
U.S. maritime infrastructure company Seapath and Houston-based clean energy solutions provider Pilot LNG have formed a joint venture (JV) to develop, construct, and operate the first dedicated LNG bunkering facility in the Galveston Bay area. The initial investment for the facility is approximately
Energy major Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy, an LNG company formed and managed by investment company EIG, for $500 million. Completion of the transaction is subject to closing conditions which include regulatory approvals, with Aramco
TotalEnergies has set its course for the energy transition journey by creating a balanced multi-energy strategy, which it plans to follow to diversify its portfolio, cut its emission footprint, and reach low-carbon and net-zero aspirations.
Florida-based marine company Crowley has joined forces with the ABS classification society to explore the innovative realms of augmented and virtual reality technologies within the maritime industry. The ABS partnership agreement builds on Crowley’s new service network using augmented reality on sel
U.S.-based developer of ocean robots Nauticus Robotics has secured term loan financing of up to $20 million from existing investors that will be used to bolster the commissioning and commercialization of its fleet. Nauticus Robotics entered into a senior secured term loan agreement with existing sta
BOEM has postponed the next offshore oil and gas lease sale for acreage in the Gulf of Mexico (GOM) to comply with a court order.
U.S. engineering company KBR has been awarded a blue hydrogen process technology and front-end engineering design (FEED) contract by Essar Group’s EET Hydrogen, formerly Vertex Hydrogen, for its planned HPP2 low-carbon hydrogen facility at HyNet, the UK’s industrial decarbonization project. Under th
U.S. engineering company KBR has been awarded an engineering, procurement and construction (EPC) management contract by Woodside Energy, as operator for and on behalf of the Pluto Joint Venture. Under the contract, KBR will undertake modifications to train 1 of Woodside’s Pluto LNG facility, located
