Green shipping corridors could benefit from a global fuel standard (GFS) and regional policies, however, additional support would be needed to drive early adoption, a new report found. Under current and prospective policies from the International Maritime Organization (IMO), the European Union, and
Occidental (Oxy) has made progress on its debt-reduction plan by reaching a near-term debt repayment target and signing two agreements to divest upstream assets to undisclosed buyers.
Valaris has taken steps to optimize its rig fleet by deciding to put three semi-submersible units out of drilling work for good and divest a stacked jack-up rig. The rig owner has also won a new batch of drilling assignments spanning geographies.
Venture Global has disclosed a date for the beginning of commercial operations at its LNG export project in Cameron Parish, Louisiana, south of Lake Charles, United States.
South Carolina Ports (SC Ports) has welcomed the eco-friendly containership OOCL Iris to the Wando Welch terminal, setting a new record for the largest vessel to call the Port of Charleston, at 16,828 TEUs.
Japan’s shipping heavyweight Mitsui O.S.K. Lines (MOL) has taken another step forward with its decarbonization vision by investing in 13 Mari, a US-headquartered developer of ‘smart’ elements that can be retrofitted to ships’ hulls and achieve an ‘enhanced’ environmental impact. As disclosed, the ri
Kimmeridge has secured a green light for its proposed 9.5 million tons per annum (mtpa) liquefied natural gas (LNG) export terminal project on the west bank of the Calcasieu Ship Channel at the mouth of the Gulf of Mexico/America near Cameron Parish, Louisiana.
Noble Corporation has won drilling assignments with Tullow in Ghana, Petronas in Suriname, Shell in the Americas, an undisclosed firm in the U.S. Gulf, and Chevron in Australia for four floaters.
Trade association Methanol Institute (MI) has welcomed U.S. technology company Emvolon as its newest member.
UK-based maritime nuclear innovation company CORE POWER has launched a U.S.-anchored maritime civil nuclear program, titled Liberty, that aims to bring floating nuclear power to market by the mid-2030s.
Chevron Technical Center has expanded the strategic cooperation with France-headquartered seismic interpretation solutions firm Eliis to advance subsurface characterization through technology.
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has kicked off the acceptance testing phase of its second Aquanaut vehicle, which facilitates the transformation of tethered remotely operated vehicle (ROV) operations to fully autonomous operations. Nauticus Ro
