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COSCO
Alternative Fuels

COSCO Shipping commissions DSIC for six LNG/methanol-ready tankers

Chinese state-owned maritime transport giant COSCO Shipping has tapped compatriot vessel construction player Dalian Shipbuilding Industry (DSIC), part of China State Shipbuilding Corporation (CSSC), for a sextet of alternative fuel-ready tankers. According to Greek shipbroker Intermodal, COSCO Shipp

about 11 months ago
TGS and Chevron ink long-term deal for deepwater seismic services
Fossil Energy

TGS and Chevron ink long-term deal for deepwater seismic services

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Norwegian energy data and intelligence company TGS and U.S.-headquartered energy giant Chevron have signed a three-year capacity agreement for marine streamer and ocean bottom node (OBN) acquisition services. The parties plan to collaborate on seismic acquisition projects using TGS streamer and OBN

about 11 months ago
FPSO Norne; Source: Equinor
Fossil Energy

DNO swaps non-core assets with Aker BP for bigger slice of Norwegian field nearing startup

Norwegian oil and gas operator DNO has signed a deal with compatriot Aker BP to swap multiple assets on the Norwegian Continental Shelf (NCS).

about 11 months ago
Stena Line takes over world’s northernmost shipping company
Alternative Fuels

Stena Line takes over world’s northernmost shipping company

In a bid to strengthen its position in the Baltic Sea, Swedish ferry company Stena Line has acquired Wasaline.

about 11 months ago
Meridian purpose-built FPSO hull design; Courtesy of Yinson Production
Fossil Energy

Yinson Production’s CFO: Two new project bonds on the 2026 horizon to refinance FPSO duo

Foreseeing no financing woes to hinder its progress, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, is eyeing refinancing opportunities for two floating production, storage, and offloading (FPSO) units with new project bonds on t

about 11 months ago
C40 Cities
Green Marine

C40 Cities, IAPH, IFC unveil sustainability-linked loan for ports to tackle ‘critical’ funding gap

C40 Cities, a worldwide network of major cities’ mayors working to tackle the climate crisis and halve greenhouse gas (GHG) emissions by 2030, has unpacked a global port sustainability-linked loan (SLL) initiative. The endeavor, announced on November 4 at a summit, is supported by the International

about 11 months ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Fossil Energy

Shell lines up 15-year offtake from ADNOC’s mega LNG project

Abu Dhabi National Oil Company (ADNOC) has struck a multi-year liquefied natural gas (LNG) offtake deal with Shell International Trading Middle East Limited FZE, a wholly-owned subsidiary of the UK-based Shell, for its low-carbon LNG project, currently under development in the United Arab Emirates (

about 11 months ago
Aker BP gets the all-clear to use Maersk rig on North Sea field
Fossil Energy

Inpex adds three assets to Norwegian portfolio

Inpex Idemitsu Norge, a subsidiary of Japan’s Inpex, has completed the acquisition of three assets in Norwegian waters from Norway’s oil and gas company Pandion Energy.

about 11 months ago
BRANDED CONTENT
A step change, from historical RAOs to live vessel motion measurements
Green Marine

A step change, from historical RAOs to live vessel motion measurements

By Sahil Kochhar, Commercial Manager, Miros Monitoring, understanding and responding to vessel motion is fundamental for maintaining safety, efficiency and uptime in any offshore operation, whether that be in offshore energy or marine construction. Over many decades we have seen what can happen if t

about 11 months ago
DeepOcean and Saudi partner to form joint venture for subsea work in Middle East
Fossil Energy

DeepOcean and Saudi partner to form joint venture for subsea work in Middle East

Ocean services provider DeepOcean has signed a heads of terms agreement with Saudi Arabia-based Jana Marine Services to establish a joint venture company that will offer integrated subsea solutions to the offshore energy industry in the Middle East. To be named JADE Subsea Services, the joint ventur

about 11 months ago
Shah Deniz gas field offshore Azerbaijan; Source: Southern Gas Corridor (SGC)
Fossil Energy

UAE and Azerbaijan strengthen ties as ADNOC’s XRG expands Caspian Sea footprint

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has set the wheels in motion to join Southern Gas Corridor (SGC) CJSC, which delivers gas resources from the Azerbaijani sector of the Caspian S

about 11 months ago
AYK Energy
Clean Fuel

AYK Energy marks battery renewal project on Svitzer’s diesel-electric tug quartet as complete

Andorra’s marine battery manufacturer AYK Energy has wrapped up a battery renewal deal for a quartet of hybrid tugs owned by Denmark-based towage service provider Svitzer. The units in question are the 33-meter-long diesel-electric tugboats presently operating at Chevron Australia’s Gorgon LNG termi

about 11 months ago
CMA CGM
Clean Fuel

CMA CGM: Ten 24,212 TEU LNG dual-fuel boxships to fly French flag

Ten yet-to-be-delivered 24,212 TEU liquefied natural (LNG) dual-fuel vessels will be added to the French flag, French shipping and logistics giant CMA CGM Group revealed.

about 11 months ago
IBIA and INTERCARGO bolster collaboration on marine fuels and decarbonization
Alternative Fuels

IBIA and INTERCARGO bolster collaboration on marine fuels and decarbonization

IBIA and INTERCARGO have formed a partnership to reinforce collaboration on decarbonization, safety, and quality.

about 11 months ago