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Damen secures new tug order from Fairplay Towage
Green Marine

Damen secures new tug order from Fairplay Towage

Dutch shipbuilder Damen Shipyards Group has received a contract to construct new tugs for Hamburg-based tugboat operator Fairplay Towage under its ongoing fleet renewal program. In addition, Damen signed a contract with Neue Schleppdampfschiffsreederei Louis Meyer.

about 1 year ago
Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

Oil, gas, and LNG weaving energy security web

The winds of change are still gathering speed as they blow across the global energy industry, but they have not managed to dislodge oil and natural gas from their top spots in the energy mix. These fossil fuels, alongside LNG, are still keeping their finger on the pulse of the worldwide energy secur

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14 minutes read
N-Sea's subsidiary to kick off pUXO campaign offshore UK in May
Offshore Wind

N-Sea’s subsidiary to kick off pUXO campaign offshore UK in May

The Netherlands-based UXOcontrol, a subsidiary of N-Sea Group, is set to commence UXO-related scopes at a UK offshore wind farm at the beginning of May. UXOcontrol has secured a contract to perform various UXO-related scopes on a UK wind farm both for the inter-array area as well as the export cable

about 1 year ago
Bangladesh
Energy Transition

Bangladesh steadies course toward net zero with new environmental action plan

Bangladesh has kick-started the development of a national action plan (NAP) to slash greenhouse gas (GHG) emissions from shipping, marking a ‘key’ step toward aligning the country’s maritime industry with global environmental regulations. According to the International Maritime Organization (IMO), t

about 1 year ago
Illustration; Source: Rystad Energy
Decommissioning

Fossil fuels are here to stay just like their greener brethren

The wheels of the global energy mix continue to turn, making changes to the fossil fuel-dominated scenery more visible with new pathways being forged to push decarbonization forward and accommodate emerging energy supply sectors. Regardless, the previous year still brought multiple updates on steps

12 minutes read
Several vessels putting out an oil rig on fire
Fossil Energy

Deepwater Horizon: Work forging ahead to restore wildlife 15 years after largest oil spill in US history

U.S. environmental organizations and scientists have reflected on the work undertaken to restore wildlife and understand the impacts on nature of the Deepwater Horizon oil rig explosion.

about 1 year ago
After Algeria and Brazil, Vallourec going to Kuwait
Fossil Energy

After Algeria and Brazil, Vallourec going to Kuwait

French provider of tubular solutions Vallourec has secured a contract with Kuwait Oil Company (KOC) for the supply of oil country tubular goods (OCTG) for drilling operations. The contract is seen as major and represents over $130 million in potential revenue. The agreement includes the supply of ca

about 1 year ago
Shipping emissions can drop over 95% by 2050 with policy support, report says
Alternative Fuels

Shipping emissions can drop over 95% by 2050 with policy support, report says

International shipping can reach zero or very near zero tank-to-wake (TTW) CO2 emissions by 2050, and achieve 95%+ reductions in well-to-wake (WTW) greenhouse gas (GHG) emissions from 2018 levels, in scenarios aligned to a 1.5°C global temperature goal, according to a report from ERM, UMAS and UCL,

about 1 year ago
Illustration; Source: Offshore Energies UK (OEUK)
Fossil Energy

Decarbonization: Oil & gas industry’s biggest challenge

There is no denying that the oil and gas industry faces multiple challenges, however, Global Data has selected the pressure to decarbonize and diversify products as the largest, driven by climate concerns and increasing carbon taxes imposed by governments, which is perceived to threaten oil and gas

about 1 year ago
Cedar LNG artist's rendering - View looking south from above Douglas Channel towards the proposed facility and docked LNG carrier; Source: Cedar LNG
Fossil Energy

Canada’s offshore oil & LNG with doors to wider markets safe from trade war tentacles, report finds

With the first trade war shots fired, a new analysis has highlighted offshore oil production and liquefied natural gas (LNG), which have dipped their toes into broader market arenas, among products that can reap the benefits from the looming tariff threats, potentially paving the way for Canada to b

15 minutes read
Illustration; Source: TotalEnergies
Fossil Energy

Step on the gas, pretty please

Developments in 2024 hammered home the enduring nature of oil, gas, and liquefied natural gas (LNG) projects and the progress made in developing new ones and extending the lifetimes of older ones.

about 1 year ago
Amid tariff turmoil, MOL opens office in Washington
Green Marine

Amid tariff turmoil, MOL opens office in Washington

Japanese shipping major Mitsui O.S.K. Lines (MOL) is set to open a new office in Washington, D.C., U.S., through its subsidiary MOL (Americas), even as tariffs continue to roil global trade and challenge the shipping sector.

about 1 year ago
An LNG terminal
Fossil Energy

ADNOC inks LNG deal with Indian player

ADNOC Trading, an affiliate of Abu Dhabi National Oil Company (ADNOC), has signed a liquefied natural gas (LNG) trading supply agreement with India’s Hindustan Petroleum Corporation Limited (HPCL), a unit of the state-owned Oil & Natural Gas Corporation (ONGC).

about 1 year ago
LS Marine Solution cable
Cabling

LS Marine Solution inks contract for Taipower Offshore Wind Project Phase II

South Korea-based LS Marine Solution has signed a contract, worth approximately $15.8 million (about €13.8 million), to lay submarine cables for the Taipower Offshore Wind Project Phase II (TPC Changhua Phase II) in Taiwan. According to the company, the contract marks LS Marine Solution’s first win

about 1 year ago