3678 results found for 'cgx'

3678 results found for 'cgx'
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  • Singapore: Keppel Secures Contract from Jasper for Building New Jackup Rig Worth USD 180 Million

    4 April 2011
    Business & Finance

      Jasper Investments Limited (Jasper) has exercised its option with Keppel FELS Limited (Keppel FELS) to build a second KFELS B Class jackup rig at US$180 million for delivery in 1H2013. The single-rig option was given to Jasper when the customer ordered its first jackup from Keppel FELS in December 2010. Mr Wong Kok Seng, […]

  • Europort Captures Global Industry Mood

    23 October 2013

    Two weeks before the doors open at Europort, Rotterdam, organiser Ahoy is finalising arrangements for the event that promises to provide a benchmark for the ‘state of the global maritime and offshore industry’ in late 2013. Alongside attendees at its Advanced Technology Conferences industry seminars and networking opportunities, over 1,000 exhibitors will be present at […]

  • Europort Captures Global Industry Mood (The Netherlands)

    23 October 2013
    Business & Finance

    Two weeks before the doors open at Europort, Rotterdam, organiser Ahoy is finalising arrangements for the event that promises to provide a benchmark for the ‘state of the global maritime and offshore industry’ in late 2013. Alongside attendees at its Advanced Technology Conferences industry seminars and networking opportunities, over 1,000 exhibitors will be present at […]

  • Marine Renewables Canada Makes New Board Appointments

    10 January 2020
    Authorities & Government, Research & Development, Technology

    Marine Renewables Canada has appointed four new members to its board of directors.  “Producing clean energy from tides, waves, rivers and offshore wind across the country and internationally poses significant opportunities for Canada,” said Marine Renewables Canada executive director Elisa Obermann. “We have a goal to help build and support this new industry and to […]

  • BPZ Energy Sells Stake in Offshore Block Z-1 to Pacific Rubiales (Peru)

    28 December 2012

    BPZ Energy , an independent oil and gas exploration and production company, announced that on December 26, 2012, it closed its contractual arrangements for the sale of a 49% participating interest (“closing”) in offshore Block Z-1 to Pacific Rubiales Energy Corp. The Board of Directors of Perupetro and the Ministry of Energy and Mines have […]

  • Coretrax Gets New Business Development Director

    9 December 2014
    Business & Finance, Equipment, Operations & Maintenance

    Coretrax, an engineered service for wellbore clean and abandonment, has appointed a global business development director to focus on the expansion of the company’s global presence. John Fraser joined Coretrax in 2010 as business development manager and has recently been promoted to the newly-created position. Fraser will be responsible for identifying and developing new business […]

  • Bord Gáis Energy joins ESB and dCarbonX on green hydrogen storage project

    30 October 2023
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Storage

    Bord Gáis Energy, part of Centrica plc, has joined ESB and dCarbonX on the Kestrel project which proposes the re-development of decommissioned gas reservoirs at the Kinsale Head gas field offshore Ireland for large-scale green hydrogen storage. ESB and dCarbonX, an associate company to Snam, have been working on the assessment and development of Irish […]

  • Port of Singapore eyes more clean fuel options

    14 January 2021
    Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    In order to remain the world’s top bunkering hub, the Port of Singapore needs to look beyond liquefied natural gas (LNG), toward other zero or low carbon fuel types.

  • Energy Observer 2 shows that zero-emission cargo ship tech is here

    11 February 2022
    Business Developments & Projects, Outlook & Strategy, Transition, Vessels

    The Ship It Zero coalition welcomed a new zero-emission cargo ship design unveiled by Energy Observer and called on big retailers to use this moment to move their business to ocean shipping carriers that can offer zero-emission shipping solutions.

  • HMM readies order for methanol-powered newbuilds

    16 December 2022
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    South Korean shipping major HMM is preparing an order for new containerships powered by alternative fuels as part of its future growth strategy. The strategy was announced in July this year with HMM assigning $11.3 billion for future investments, including expansion of its eco-friendly ships from the current 820,000 TEU to 1.2 million TEU by 2026. […]

  • Dutch court orders Shell to curb emissions in ‘historic ruling’

    26 May 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Transition

    A Dutch court has ordered Shell to deepen its carbon emissions cuts in a ruling described as the first-of-its-kind, but Shell plans to appeal

  • Singapore: Keppel to Build US$180 Million KFELS B Class Jackup for Jasper

    22 December 2010
    Business & Finance

    Keppel FELS Limited (Keppel FELS) has secured an order for a KFELS B Class jackup rig worth about US$180 million from Jasper Investments Limited (Jasper), with an option for another similar unit. The rig is slated for delivery in 2H 2012. If exercised, the option for the additional rig will bring the total contract value […]

  • MOL and Mitsui get green light for large ammonia-powered bulker

    27 January 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Japanese shipping giant Mitsui O.S.K. Lines (MOL) and compatriot trading and investment company Mitsui & Co. have received approval in principle (AiP) from ClassNK for the design of a large ammonia-powered bulk carrier. The approval was granted for the 210,000 dwt Capesize bulker with a main engine fueled by ammonia which does not emit CO2 […]

  • DP World, VIMC Lines launch shipping route in Vietnam to cut transport emissions

    2 June 2025
    Collaboration, Outlook & Strategy

    The UAE-based port and terminal operator DP World, in partnership with Vietnamese shipping company VIMC Container Lines Joint Stock Company (VIMC Lines) has launched the Mekong Express, a new domestic sea-river transport promising significant carbon emission cuts. The new service operates twice a week and connect the Can Tho (Cai Cui) and Cai Mep ports, […]

  • MOL: First concept of ammonia/liquefied CO2 carrier unveiled

    31 March 2022
    Business Developments & Projects, Collaboration, Environment, Infrastructure, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vessels, Vision

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has completed a concept study of an ammonia/liquefied CO2 carrier to flexibly meet future transport demand.

  • TechnipFMC pays $301.3M to settle Brazil bribery case

    26 June 2019
    Business & Finance

    Oilfield services company TechnipFMC has agreed to pay $301.3 million to the U.S. and Brazilian authorities to resolve anti-corruption investigations in Brazil and relating to the intermediary, Unaoil.

  • South Korea’s shipbuilding orderbook surges to over $7 bln amid strong demand for high-end dual-fuel ships

    21 February 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels

    South Korean shipbuilders are resuming their winning streak from last year as they reap fruit from the growing demand for high-end ships featuring dual-fuel propulsion and advanced technology. The country’s key ship manufacturers have secured over $7 billion in new orders since the beginning of this year. Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate […]

  • GCMD, partners trial two supply chains of biofuel blends on five vessels

    21 February 2023
    Business Developments & Projects, Green Marine, Vessels

    Singapore-based Global Centre for Maritime Decarbonisation (GCMD), together with its consortium partners, has completed trialling two supply chains of biofuel blends from different origins as part of a drop-in biofuels pilot project announced in July 2022. The full pilot involves 19 industry partners, with 13 vessels spanning the container, tanker, and bulker segments bunkering in […]

  • Shipping moving closer to the ‘point of no return’, says T&E

    13 July 2023
    Environment, Green Marine, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Vessels

    European shipping emissions grew 3% last year as the industry edges closer to pre-pandemic levels, a new analysis by NGO Transport & Environment (T&E) shows. The analysis says that European shipping emitted over 130 million tonnes of CO2, with cruise ship emissions well up on the year before combined with a high number of vessels […]

  • Valaris gets two rig contract terminations in Angola

    27 March 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure

    Valaris has received contract terminations for two rigs operating offshore Angola, one from Total and the other one from Chevron, but has also secured revenue backlog of $100 million.

  • Petroleum Corporation of Jamaica Grants Exploration Period Extension to Sagres Energy

    26 April 2011
    Business & Finance

      Sagres Energy Inc., an international oil and gas exploration company with an exploration portfolio in Guyana, Colombia and Jamaica, announced today that the Petroleum Corporation of Jamaica (PCJ) has approved a 9 month extension of the Initial Exploration Period on Sagres’ offshore blocks 9, 13, and 14. The Initial Exploration Period, Phase 1 will […]

  • Ships transiting Panama Canal save 16 million tons of CO2 in 2021

    1 February 2022
    Environment, Infrastructure, Regulation & Policy, Transition, Vessels

    The Panama Canal contributed to the reduction of 16 million tons of carbon dioxide (CO2) equivalent emissions in 2021, in comparison to the most likely alternative routes.

  • India’s ‘first’ port decarbonization pilot takes shape at Chidambaranar Port

    27 February 2025
    Authorities & Government, Ports & Logistics

    India’s Chidambaranar Port Trust, said to be the ‘third largest’ container terminal in the country, has laid the first stone of India’s inaugural pilot-scale port decarbonization project centered around alternative fuel sources, Italian marine classification society RINA has shared. According to RINA India, the overarching aim of this endeavor is threefold: slashing carbon dioxide (CO2) […]

  • France goes big on maritime decarbonization with ‘CORIMER low-carbon ships’ initiative

    6 February 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    The French government is launching a new call for proposals to accelerate the production of low-carbon ships and boats in the country.

  • FPSO Cidade de Ilhabela Arrives in Brazil

    14 January 2014

    The SBM Offshore vessel berthed safely at the Niteroi-Rio based Brasa yard on Sunday 12th January 2014. She had arrived in Brazilian waters in time for the New Year following her 10,625 Nm (19,678 Km) voyage from China.   Integration of the bare hull and topsides will commence at Brasa – a joint venture construction […]