Danish logistics giant A.P. Moller – Maersk has launched an efficiency program for its time-chartered fleet, targeting the retrofit of approximately 200 vessels, with the aim of improving fuel efficiency and reducing greenhouse gas (GHG) emissions.
The Danish subsidiary of France’s energy giant TotalEnergies has signed a farm-down agreement with CarbonVault, an affiliate of the German cement producer SCHWENK, for a carbon capture and storage (CCS) project in the Danish sector of the North Sea.
South Korea’s K Shipbuilding (KSB) has clinched a contract to construct two alternative fuel-ready 50,000 dwt tankers for Greece-based shipowner Lastco. According to Greek shipbroker Intermodal, K Shipbuilding is set to build two future-fit vessels that will come with methanol-ready and liquefied na
Singapore-headquartered Aster, a provider of energy, chemical, and infrastructure solutions in Southeast Asia, has awarded contracts to Allseas and DOF Group, as well as other partners, for engineering and rejuvenation of direct tanker-to-refinery crude oil transfer infrastructure. Aster is investin
Harbour Energy has secured a permit to spud a wildcat well in the Norwegian sector of the North Sea, which will be done with a semi-submersible rig owned by Transocean.
The Iraqi government has issued an award letter to U.S.-based Excelerate Energy to develop the country’s integrated floating liquefied natural gas (FLNG) import terminal.
Two drillships, which are part of a rig fleet owned by Switzerland-based offshore drilling contractor Transocean, are staying in the Gulf of America (Gulf of Mexico) and Brazil, thanks to multimillion-dollar contract options, which the UK-headquartered BP and Brazil’s Petrobras decided to take advan
NYK Stolt Tankers (NST), a joint venture between shipping companies NYK Line and Stolt Tankers, has decided to order two additional parcel chemical tankers at Nantong Xiangyu Shipyard in China.
US-based wave energy developer Oscilla Power has validated the 100kW Triton-C wave energy system at the U.S. Navy’s Wave Energy Test Site (WETS) in Hawaii. The developer reported that the core systems performed well during the deployment, producing a large volume of data for validation and future i
AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has signed a long-term contract with Rottneros, a compatriot expert producer of pulp and molded fiber from sustainable forests.
African energy exploration player Rhino Resources has made a gas condensate discovery off the coast of Namibia, thanks to drilling activities undertaken with a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling.
Baker Hughes, a U.S.-headquartered energy technology player, has sealed a deal to provide liquefaction equipment for the second phase of a liquefied natural gas (LNG) export terminal under development in Texas, United States.
Germany-based engine maker Everllence (formerly known as MAN ES Solutions), Swiss technology company ABB and French designer and manufacturer OceanWings have shaken hands on a joint project that will aim to develop optimized and sustainable propulsion concepts. As disclosed, the three partners signe
COSCO Shipping Heavy Industry (Shanghai) (CHI Shanghai) has completed China’s first ship-to-ship methanol bunkering operation by a shipbuilding and repair enterprise at a shipyard’s berth, marking a major milestone in the nation’s adoption of alternative marine fuels.
