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Alternative Fuels

COSCO Shipping Bulk orders new ammonia and methanol-ready ships

COSCO Shipping Bulk, a subsidiary of Chinese conglomerate COSCO Shipping, is expanding its fleet with a new shipbuilding order for two ammonia and methanol-ready bulk carriers.

about 1 year ago

Fossil Energy

Gulf of Thailand oil field revamp gets green light

Canada-based oil and gas company Valeura Energy has taken a final investment decision (FID) on the development of its 100%-owned field offshore the Gulf of Thailand.

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about 1 year ago

SLB has launched Electris, a portfolio of digitally enabled electric well completions technologies designed to increase production and recovery while lowering the total cost of ownership.

Fossil Energy

SLB rolls out electric completions tech to reduce well intervention needs

U.S.-headquartered technology player SLB has launched Electris, a portfolio of digitally enabled electric well completions technologies designed to increase production and recovery while lowering the total cost of ownership. According to SLB, the Electris system enables digital control of the full p

about 1 year ago

Fossil Energy

Eni boosts its gas arsenal with start-up of another offshore project

Italy’s energy giant Eni has brought online a natural gas field as a subsea tie-back to its floating production unit (FPU) in the Kutei Basin off the coast of Indonesia.

about 1 year ago

Alternative Fuels

Flotte Hamburg christens two hybrid police boats

Flotte Hamburg has christened two hybrid police boats, ‘Bürgermeister Brauer’ and ‘Bürgermeister Weichmann.’

about 1 year ago

Energy Efficiency & Innovation

Wind-powered Onego Deusto makes its first port call after refit

Onego Deusto—a multipurpose vessel owned by Dutch shipping company Onego Shipping & Chartering—has embarked on its first voyage with a wind propulsion solution on board.

about 1 year ago

Alternative Fuels

Tsuneishi Shipbuilding: ‘World’s first’ methanol dual-fuel Ultramax bulker is here

Japan’s Tsuneishi Shipbuilding has delivered the “world’s first” methanol dual-fuel Ultramax bulk carrier, Green Future.

about 1 year ago

Deepsea Stavanger rig; Source: Odfjell Drilling

Fossil Energy

Drilling ops yield fertile ground for carbon storage in North Sea

Equinor Low Carbon Solutions, a subsidiary of Norway’s state-owned energy giant Equinor, has drilled two appraisal wells in the Norwegian sector of the North Sea, which are said to possess suitable properties for the injection and storage of carbon dioxide (CO2).

about 1 year ago

NSWC Carderock – Maneuvering and Seakeeping Basin (MASK) - one of TEAMER network facilities (Courtesy of TEAMER)

Marine Energy

$2.3 million awarded in TEAMER’s 15th call for marine energy testing

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved 17 marine energy projects through its fifteenth request for technical support (RFTS), allocating over $2.3 million in assistance. Technical support recipients (TSRs) will gain access to numerical modeling,

about 1 year ago

A large offshore platform surrounded by several smaller boats

Fossil Energy

WATCH: ‘Engineering marvel’ performed as McDermott joins mega-structures destined for Australian project

U.S. offshore engineering and construction player McDermott has completed its portion of work on the floating production unit (FPU) to be deployed at a project off Western Australia spearheaded by Australian energy giant Woodside Energy.

about 1 year ago

Green Marine

Russia to pump over $6B into shipbuilding as part of big plan to revitalize its maritime industry

The Russian government has unveiled a massive plan to build hundreds of new ‘civilian’ vessels by 2050, upgrade its shipbuilding capability, and increase the workforce in the maritime domain.

about 1 year ago

Fossil Energy

Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold of $31 billion backlog: Is rig demand tapering off?

Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.

11 minutes read

Funding & Regulation

Hystar secures more than $36 million to fast-track electrolyzer deployment

Norwegian high-tech hydrogen company Hystar has raised more than $36 million in its Series C funding round to accelerate the commercial scale-up of its electrolyzers.

about 1 year ago

Prysmian's Leonardo da Vinci cable-laying vessel on Tyrrhenian Link duty; Source: Terna

Cabling

Prysmian puts first subsea cable in place for eastern piece of Italy’s electricity interconnection

Prysmian Group has confirmed the wrap-up of the installation works related to the first submarine cable of the eastern branch of an electricity interconnection between Campania, Sicily, and Sardinia.

about 1 year ago