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Alternative Markets

DMEC-led accelerator program opens first support call for offshore energy innovations

The Dutch Marine Energy Centre (DMEC)-led Offshore Accelerator for System Integration and Storage (OASIS) project has launched the first support call for offshore energy innovations. The initiative aims to support innovative companies in the North Sea region by accelerating their growth and enhancin

about 1 year ago

Maersk names new dual-fuel methanol containership at Maasvlakte II terminal in Rotterdam

Alternative Fuels

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Maersk names new dual-fuel methanol containership at Maasvlakte II terminal in Rotterdam

Danish shipping giant A.P. Moller – Maersk has held a naming ceremony for its newest dual-fuel methanol containership at its APM Terminals Maasvlakte II terminal in Rotterdam, the Netherlands.

about 1 year ago

Fossil Energy

ADNOC’s African footprint grows with acquisition of stake in block off Mozambique

Portugal’s oil and gas company Galp has completed the sale of its upstream assets offshore Mozambique to XRG, a wholly-owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC).

about 1 year ago

Subsea

Two upgraded Spanish vessels back at work

Spanish maritime survey and ROV services operator ACSM has put its 25-year-old offshore support vessel (OSV) Nautilus back to service after a couple of months of upgrade work. The 73-meter-long vessel completed its upgrading phase at the shipyard Viana do Castelo in Spain, after which it spent a few

about 1 year ago

Fossil Energy

Equinor keeping Island Drilling, Archer, and Baker Hughes busy with multi-well P&A gigs

Norwegian state-owned energy giant Equinor has awarded compatriot Island Drilling with a well plugging contract on the fields it operates on the Norwegian continental shelf (NCS), while Archer and Baker Hughes Norge have won contracts for full-range delivery of plugging services.

about 1 year ago

Alternative Fuels

Retrofit methanol storage solution from SRC Group wins RINA’s nod of approval

UK-based marine and offshore solutions provider SRC Group’s retrofit methanol storage technology has received the go-ahead via an approval in principle (AiP) from Italy-based classification society RINA. As disclosed, the approval in principle took account of the International Maritime Organization’

about 1 year ago

Alternative Fuels

‘World’s first’ commercial-use ammonia-fueled tugboat achieves 95% emission reduction

Tugboat Sakigake, also known as the world’s first commercial-use ammonia-fueled vessel, has wrapped up its demonstration voyage, reaching a greenhouse gas (GHG) emission reduction of up to approximately 95%, the vessel’s operator NYK Line has reported.

about 1 year ago

With phase 1 fully booked, Northern Lights partners take €662M FID for second phase

Energy Transition

With phase 1 fully booked, Northern Lights partners take €662M FID for project expansion

Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the namesake CO2 transport and storage development. This will increase the project’s transport and storage capacity from 1.5 million to over 5 million ton

about 1 year ago

Green Marine

OceanWings gets ClassNK AiP for its wind propulsion tech

Japanese classification society ClassNK has issued an approval in principle (AiP) for a rigid windsail type wind-assisted propulsion system (WAPS) developed by French designer and manufacturer OceanWings.

about 1 year ago

Fossil Energy

Perenco to acquire Woodside’s Trinidadian assets for $206 million

Australia’s energy giant Woodside Energy has signed an agreement with Anglo-French oil and gas player Perenco to divest its assets in Trinidad and Tobago.

about 1 year ago

Alternative Fuels

Monjasa conducts Panama’s ‘first-ever’ biofuel bunkering operation

Marine fuels supplier Monjasa has completed the first ISCC-certified biofuel supply operation in Panama, marking the establishment of a scalable 2nd generation marine biofuels supply chain.

about 1 year ago

Energy Transition

New digital collaboration eyes end-to-end green supply chains

With a focus on fostering greener supply chains, PSA International, DNV Singapore and Pacific International Lines (PIL) have signed a memorandum of understanding (MoU) to collaborate on carbon emission measurement, reporting and verification (MRV) and jointly develop sustainable solutions to advance

about 1 year ago

A floating storage and regasification unit

Fossil Energy

US LNG major buying compatriot’s Jamaican assets for $1.05B in pursuit of downstream growth

U.S. energy infrastructure player New Fortress Energy (NFE) has entered into a definitive agreement for the sale of its assets and operations in Jamaica to compatriot liquefied natural gas (LNG) player Excelerate Energy.

about 1 year ago

Alternative Fuels

With new deals in place, CSA gearing up for electric supply boat trials

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has signed two letters of intent (LoIs) to deploy an e-supply boat on trial with shipping agencies and develop a marine charging infrastructure.

about 1 year ago