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CE Delft: CII could cut EU shipping’s emissions by 30% if enforced correctly
A recent study, titled “CII and EU Maritime Decarbonization,” conducted by the research center CE Delft on behalf of the Environmental Defense Fund Europe, found that if European policymakers required ships to achieve top performance (A, B) in climate label Carbon Intensity Indicator (CII), ships co
What’s happening with Borr Drilling’s rigs?
Offshore drilling contractor Borr Drilling has provided a contracting and activity update for five rigs in its fleet.
Baker Hughes to supply e-LNG systems for ADNOC Ruwais LNG project
U.S. energy technology company Baker Hughes has received a letter of award from ADNOC Gas, for and on behalf of Abu Dhabi National Oil Company (ADNOC), to provide two electric liquefaction (e-LNG) systems for the Ruwais LNG project in the United Arab Emirates (UAE). Baker Hughes said the LNG trains
ESB partners up with Simply Blue Group on 5MW wave energy project offshore Ireland
Blue economy developer Simply Blue Group and Ireland’s premier energy company ESB have partnered up to pool expertise and resources to deliver a pioneering 5MW wave energy farm, located close to the Co Clare coast in Ireland.
Report: ExxonMobil selling majority stake in Italy LNG terminal to BlackRock
U.S. energy major ExxonMobil has chosen compatriot investment company BlackRock as the potential buyer for its majority stake in Italy’s Adriatic liquefied natural gas (LNG) import terminal, according to Reuters. Reportedly, the stake sale drew interest from infrastructure funds and international gr
BW LPG, ADNOC enter 1st LPG bunker supply deal in the Middle East
Singapore-based owner and operator of LPG vessels BW LPG has inked an agreement with UAE’s energy giant ADNOC for the supply of liquefied petroleum gas (LPG) as bunker fuel. BW LPG said that the deal marks a notable milestone as the Middle East’s first dedicated LPG bunker supply contract. The inaug
Rotterdam’s PortXL and GTT join hands on maritime innovation
PortXL, the Rotterdam-based accelerator for maritime, sustainable start-ups and scale-ups, has formed a strategic partnership with French containment specialist GTT to work in the field of maritime innovation.
C2X and Egyptian govt agree on next steps for large-scale methanol production
C2X, a recently established company backed by A.P. Moller Holding as majority owner and A.P. Moller – Maersk as minority owner, has signed a framework agreement with the Egyptian government to enable and accelerate large-scale production of green methanol in Egypt. C2X’s ambition is to have a produc
BGN, Pertamina join forces on gas transport
Dubai energy trader BGN has inked a landmark agreement with Indonesia’s state-owned PT Pertamina International Shipping (PIS) for collaboration on gas vessel transportation. The move is expected to reinforce BGN’s position as an emerging maritime asset player in the LPG market and strengthen LPG sup
Diamond Offshore rig embarks on its first North Sea gig with Repsol
Diamond Offshore’s semi-submersible rig has started its first assignment with Repsol in the UK sector of the North Sea.
Van Oord begins cable installation activities at Iberdrola’s Baltic Eagle
Van Oord has commenced inter-array cable installation activities at Iberdrola Deutschland’s 476 MW Baltic Eagle offshore wind farm in Germany. After Van Oord’s heavy lift installation vessel Svanen completed the installation of all 50 monopiles for the Baltic Eagle offshore wind farm, Van Oord now c
DP World, Maspion start construction of East Java terminal
Logistics provider DP World and Indonesian conglomerate Maspion Group have started construction of a new container terminal in Gresik, East Java
Trafigura inks $400 million credit facilities to buy US LNG for European customers
Commodities trading group Trafigura has entered into two revolving credit facilities for a total combined amount of $400 million, with insurance from the Export-Import Bank of the United States (US EXIM), to supply European customers with LNG. The company said the facilities will exclusively be used
TGE Marine to provide cargo handling system for Northern Lights’ LCO2 carrier
German equipment provider TGE Marine has received a contract from the Chinese shipyard Dalian Shipbuilding Industry Offshore Co. (DSOC) for the design and supply of a cargo handling system for Northern Lights’ LCO2 Carrier.