5711 results found for 'matuku'

5711 results found for 'matuku'
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  • ABS CEO: Nuclear power stands as shipping’s next great frontier

    26 September 2025
    Outlook & Strategy, Transition

    Nuclear power should be taken seriously as a credible and scalable solution for the maritime industry’s decarbonization drive, with the potential to ‘reshape’ the sector’s future energy mix, American Bureau of Shipping (ABS) Chairman and CEO Christopher J. Wiernicki has said. As Wiernicki highlighted at a recent maritime event held in Athens, Greece: “Nuclear energy […]

  • Wave and tidal energy to reach $1.85B by 2032, commercial deployment by 2031, report finds

    18 December 2025
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Research & Development, Rules & Regulation, Technology, Transition, Vision

    The wave and tidal energy market is projected to grow to $1.85 billion by 2032, with ocean-based renewable power expected to move beyond pilot installations and enter early commercial deployment by 2031, according to a report by market research firm DataM Intelligence. The global wave and tidal energy market reached $983.11 million in 2024 and will […]

  • TotalEnergies augments its oil portfolio offshore Namibia through deal with Galp

    9 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    French energy giant TotalEnergies has shaken hands with Portuguese oil and gas company Galp on a deal that will enable it to enter the PEL 83 license, encompassing an oil discovery off the coast of Namibia, by taking over the operator baton. Galp is getting a minor stake in the French player’s giant black gold discovery as part of this deal.

  • TotalEnergies strengthens ties with Chevron by expanding US oil & gas offshore footprint

    16 June 2025
    Business & Finance, Business Developments & Projects

    TotalEnergies has decided to enlarge its American oil and gas portfolio by acquiring interests in 40 exploration blocks that Chevron currently operates.  

  • Clarksons adds LCO2 focus to green transition offering

    16 June 2025
    Business Developments & Projects, Outlook & Strategy, Project & Tenders, Research & Development, Transition, Vessels, Vision

    Clarksons Green Transition service, an in-house advisory offering by shipbroking and maritime services company Clarksons, has expanded to include liquified CO2 (LCO2).

  • Consolidation continues across oil & gas realm as Sintana makes a play for Challenger

    9 October 2025
    Business & Finance, Business Developments & Projects

    Canada-headquartered oil and natural gas exploration player Sintana Energy has put the wheels in motion to spread its wings to Uruguay’s oil and gas arena by bringing into its fold Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company.

  • Baker Hughes picks up P&A gig at North Sea oil field

    11 June 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Baker Hughes has landed a new assignment with Norway’s state-owned energy giant Equinor to handle plug and abandonment (P&A) operations at a North Sea field on the Norwegian Continental Shelf (NCS) and provide project management services on behalf of the operator.

  • Equinor’s Barents Sea field hits peak output 3 months after first oil

    20 June 2025
    Business Developments & Projects, Exploration & Production

    A field in the Barents Sea operated by Norwegian state-owned energy giant Equinor has reached plateau production.

  • Japanese player farming into Malaysian oil & natural gas block pair

    19 June 2025
    Business Developments & Projects, Project & Tenders

    Japanese petroleum company Idemitsu Kosan has acquired interests in two blocks located off the coast of Sarawak, Malaysia, from South Korea’s SK Earthon and has signed a production sharing contract (PSC) for the blocks with Malaysia’s state-owned PETRONAS, Petroleum Sarawak Exploration and Production (PSEP), and SK Earthon. 

  • EnQuest widens its Southeast Asian horizons with more oil & gas assets

    10 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    EnQuest, a London Stock Exchange-listed energy firm, has expanded its oil and gas footprint with the acquisition of Harbour Energy’s Vietnam business, which consists of three producing oil and gas fields.

  • A trillion-plus investment gap threatens to stall shipping’s energy transition, new report reveals

    9 September 2025
    Market Outlooks, Outlook & Strategy

    Without the right moves, the global maritime industry’s decarbonization goals are at stake, a new report shows. The report explores innovative financing concepts to unlock capital for clean fuels, infrastructure and retrofits. The US-based environmental advocacy group Environmental Defense Fund (EDF) and Lloyd’s Register Maritime Decarbonisation Hub (Decarb Hub), a partnership between UK classification society […]

  • $400 million going into subsea tie-back to huge Barents Sea oil project

    11 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Three Norwegian oil and gas players – Equinor, Vår Energi, and Petoro – have set their caps on augmenting the production from a giant oil field that came online eight months ago in the Barents Sea by adding what will become the first subsea tie-back to the project, said to be the newest oil production hub on the Norwegian Continental Shelf (NCS).

  • As fourth rig returns to work, Odfjell Drilling winds down its fleet’s planned SPS scope

    17 June 2025
    Business & Finance, Business Developments & Projects, Operations & Maintenance

    Odfjell Drilling, a 52-year-old offshore drilling player, has confirmed the wrap-up of a special period survey (SPS) for another semi-submersible rig that was on the agenda this year.

  • Alternative fuels: How far has tanker industry come?

    23 June 2025
    Infrastructure, Market Outlooks, Outlook & Strategy, Transition, Vessels

    The tanker sector keeps its finger on the pulse regarding fuel options but is cautious about readiness, safety, and regulatory support, BIMCO, the world’s largest international shipping association, said.

  • Fourfold production uptick for DNO’s North Sea oil & gas business after Sval buy

    13 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian oil and gas operator DNO has brought Sval Energi, a compatriot company, into its fold, enlarging its North Sea portfolio and quadrupling its oil and gas production levels.

  • Quadruple or quicksand? DNV report flags CCS at ‘critical’ juncture

    13 June 2025
    Carbon Capture Usage & Storage, Technology, Transition

    The carbon capture and storage (CCS) sector is approaching a ‘decisive’ turning point, with global capacity on track to grow fourfold by 2030, Norway’s classification society DNV has highlighted in a new report. Up to the end of the decade, DNV has shared in its “Energy Transition Outlook: CCS to 2050” report, cumulative investment in […]

  • Europe urged to step-up its renewable hydrogen game

    8 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Regulation & Policy, Rules & Regulation, Technology, Transition

    The Renewable Hydrogen Coalition (RHC), as the voice of the value chain, encompassing renewable energy suppliers, start-ups, investors, and industrial offtakers dedicated to making Europe the global leader in renewable hydrogen solutions, has called on the European decision-making realms and leaders to scale up incentives, funding opportunities, and market fundamentals for clean technology, especially the landscape surrounding hydrogen made from renewable sources.  

  • Norway’s Møre Sjø orders hydrogen-powered bulk carrier duo

    13 June 2025
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    Norwegian shipping company Møre Sjø has placed an order for the construction of two emission-free hydrogen-powered bulk carriers and secured bunker supplies from compatriot hydrogen producer GreenH.

  • TotalEnergies follows US expansion with move to spread its Southeast Asia gas wings

    16 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    TotalEnergies has augmented its oil and gas arsenal by buying stakes in multiple blocks offshore Malaysia and one block off the coast of Indonesia, which enables it to boost its strategic partnership with Petronas, bolstering its position in Southeast Asia’s natural gas market.

  • Petronas, MISC and MOL debut LCO2 carrier JV

    17 June 2025
    Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Vessels

    Petronas CCS Ventures, part of Malaysia’s state-owned energy giant Petronas, compatriot shipowner MISC Berhad and Japanese shipping company Mitsui O.S.K. Lines (MOL) have incorporated a strategic joint venture to develop and acquire liquefied carbon dioxide (LCO2) carriers.

  • Four EU countries and Egypt make up top five US LNG importers

    29 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Within the global gas story, many chapters are being written, including a U.S. wave of upcoming liquefied natural gas (LNG) developments, where the export boom continues to fuel new projects, as the European regasification build-out continues.

  • UK oil & gas player ups its stake in two Angolan offshore blocks

    19 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Afentra, a UK-headquartered and AIM-listed upstream oil and gas company, has sealed a deal to acquire half of the stake one of its joint venture (JV) partners holds in two blocks off the coast of Angola.

  • Petronas expands Suriname footprint and picks Halliburton’s solutions for asset optimization

    20 June 2025
    Business Developments & Projects, Project & Tenders

    Malaysia’s state-owned energy company Petronas has inked two deals: one to acquire operatorship of a deepwater exploration block offshore Suriname and the other for deploying technology aimed at advancing subsurface modeling and reservoir management exploration across its assets.

  • Seven electric ships, four charging stations to get €31.6M in Enova support

    13 June 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Innovation, Ports & Logistics, Regulation & Policy, Vessels

    Enova, a Norwegian government enterprise, has decided to support seven electric vessels and four charging facilities with around NOK 362 million (about €31.6 million).

  • Sea Cargo Charter: Maritime industry is not there yet regarding decarbonization but progress evident

    16 June 2025
    Market Outlooks, Outlook & Strategy

    The majority of signatories to the Sea Cargo Charter (SCC)—a global climate alignment initiative developed by the Global Maritime Forum—reduced their emission intensity over the last year, a new annual disclosure report shows.