The Asia-Pacific (APAC) region is on track to take the lead in the CO2 shipping market, requiring almost 80 specialist vessels for interregional shipping in 2055, energy consultancy Xodus found in a new carbon capture, utilization, and storage (CCUS) report.
Real momentum is building behind the global shipping industry’s transition towards a zero-emission future.
State-owned Oil India Limited has selected 3t Drilling Systems, a UK-headquartered provider of safety-critical training for the energy sector and part of 3t Group, to provide simulator technology for the purpose of providing drilling training for its employees.
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.
Although China, the United States (US) and the European Union (EU) remain frontrunners in clean industry development, a bloc of emerging markets spanning Africa, Asia and South America is quickly catching up, showing the potential to overthrow the ‘longstanding dominance’ of these leading economies.
Dutch company developing innovative ocean energy technology, Equinox Ocean Turbines, has received funding from Samenwerkingsverband Noord-Nederland (SNN) Valorisatie and the European Regional Development Fund (EFRO) to support the development of its ocean current technology. The project is being car
In partnership with Brazilian provider of navigation, communication, and naval automation solutions Belga Marine, Norway-based ocean insights provider Miros has updated its oil spill detection (OSD) monitoring system for operations offshore Brazil.
Fratelli Cosulich Marine Energy and IINO Kaiun Kaisha (IINO Lines) have signed a memorandum of understanding (MoU) to explore new business opportunities in the alternative marine fuels sector.
Kimmeridge has confirmed the receipt of a final order from the Federal Energy Regulatory Commission (FERC), upholding authorization for a liquefied natural gas (LNG) export terminal currently under development on the west bank of the Calcasieu Ship Channel at the mouth of the Gulf of Mexico/America
Japanese shipping company Mitsui O.S.K. Lines (MOL), through its wholly owned Singapore-based subsidiary MOL Asia Oceania (MOLAO), will join the PIER71 Smart Port Challenge (SPC) 2025, a maritime innovation accelerator program, for the first time as an innovation partner.
France-based Legendre Group has started constructing the first full-scale demonstrator for the Dikwe project in Boulogne-sur-Mer, northern France, in collaboration with GEPS Techno. Supported by ADEME and the Région Hauts-de-France, the initiative aims to integrate wave energy generation into coasta
Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration has changed its name to SED Energy Holdings, as well as its Oslo Stock Exchange ticker code, following the merger with Singapore’s tender-assisted drilling provider Energy Drilling. The new company name has been re
Northern Pathfinder, the second liquid CO2 transport ship built for Northern Lights, a joint venture (JV) between energy majors Shell, Equinor and TotalEnergies, has been named.
SBM Offshore has inked an operations and maintenance (O&M) contract with TotalEnergies for a floating production, storage, and offloading (FPSO) vessel destined to work off the coast of Suriname.
