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Karratha gas plant; Courtesy of Woodside
Fossil Energy

Woodside cheers ‘critical step’ for 40-year extension of mega gas project offshore Australia

A years-long sage seems to be coming to an end, as Woodside Energy has secured environmental approval from the Western Australian government for its giant gas project off the coast of Australia. This decision has restarted the Federal environmental approvals process.

about 1 year ago
Eco Wave Power's Gibraltar wave energy array before decommissioning (Courtesy of Eco Wave Power)
Marine Energy

Eco Wave Power unveils $3M direct offering to bolster commercial-scale wave energy deployment

Wave energy developer Eco Wave Power has entered into a securities purchase agreement with a single institutional investor to deploy commercial-scale wave energy technology. The offering involves the sale of 300,000 American Depositary Shares (ADSs), each representing eight common shares, at $10 per

about 1 year ago
DP World
Green Marine

DP World rolls out ‘world’s first’ container port carbon inset program

UAE-based logistics major DP World has launched what it says to be the “world’s first” container port carbon inset program, as part of its carbon reduction program at UK logistics hubs, London Gateway and Southampton.

about 1 year ago
FPSO Goliat; Credit: Øyvind Gravås/Vår Energi
Fossil Energy

New oil discovery boosts Barents Sea potential with 20 more wells on the drilling horizon

Vår Energi has discovered oil resources in an appraisal well near the Goliat field in the Barents Sea off the coast of Norway. As the firm believes the new find has unlocked further potential in the area, it plans to drill 20 more wells in the Barents Sea over the next four years.

about 1 year ago
Norve jack-up rig; Source: Borr Drilling
Fossil Energy

US firm confirms booking of Borr Drilling rig for ops in Africa

Houston-based Vaalco Energy has disclosed a new contract with Borr Drilling for a jack-up rig that will carry out its 2025/2026 drilling program off the coast of Gabon, Africa.

about 1 year ago
cement carrier
Energy Efficiency & Innovation

NovaAlgoma’s methanol dual-fuel cement carrier to generate sustainable electricity onboard

NovaAlgoma Cement Carriers has opted for a system to generate sustainable electricity on board its methanol dual-fuel cement carrier.

about 1 year ago
Illustration; Source: ExxonMobil
Fossil Energy

ExxonMobil’s 2030 agenda: Fueling decarbonization with $30 billion while ramping up oil & gas and LNG output

ExxonMobil has unveiled its new corporate plan up to 2030, expecting to deliver a growth potential of $20 billion in earnings and $30 billion in cash flow.

about 1 year ago
South Korea
Energy Transition

Busan Port set for ‘major’ overhaul as part of South Korea’s $10 billion maritime strategy

South Korea’s Ministry of Oceans and Fisheries (MOF) has unveiled a whopping 14 trillion KRW (circa $9.78 billion) investment plan to upgrade the Port of Busan by 2045 aiming to achieve the world’s largest container handling capacity and establish the port as a “leading” logistics hub in the region.

about 1 year ago
A drone flying over a processing facility
Fossil Energy

Finnish firm wins ISO certification for drone-based GHG emissions monitoring solution

Finland-based provider of mobile emission monitoring services Aeromon has received international accreditation for its technology enabling the monitoring and analysis of airborne greenhouse gas (GHG) emissions.

about 1 year ago
CSET
Alternative Fuels

CSET submits order for future fuel-ready 307,000 dwt tanker sextet

COSCO Shipping Energy Transportation (CSET), part of China COSCO SHIPPING Corporation Limited, has recently signed a construction contract with compatriot COSCO Shipbuilding Trading and Dalian Shipbuilding for six eco-friendly 307,000 dwt crude oil tankers. As disclosed, the sextet, the contract for

about 1 year ago
Sixth AtoB@C plug-in hybrid ship hits the water
Alternative Fuels

Sixth AtoB@C plug-in hybrid ship hits the water

AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has launched its plug-in hybrid newbuild, Terramar, at India’s Chowgule shipyard.

about 1 year ago
Photo showing Oneka Technologies' wave-powered desalination buoy (Courtesy of Oneka Technologies)
Marine Energy

Wave-powered desalination to support Chile’s industrial water needs

Canadian Wave-powered desalination innovator Oneka Technologies and Chile-based Asfalcom have signed a memorandum of understanding (MoU) to deploy wave-powered desalination technology at Asfalcom’s production facility in Chile, marking a first for industrial water users in South America. According t

about 1 year ago
UK’s center for low-carbon technologies Cenex joins Maritime Battery Forum
Alternative Fuels

UK’s center for low-carbon technologies Cenex joins Maritime Battery Forum

Cenex, the UK’s center of excellence for low carbon and fuel cell technologies, has joined the Maritime Battery Forum (MBF), a community that aims to promote new and efficient energy storage technologies in the maritime industry.

about 1 year ago
SENAI CIMATEC, in partnership with Shell Brasil, Petrobras, and Sonardyne, has inaugurated the world’s first production plant for on-demand ocean bottom nodes (OD OBN).
Production & Processing

Industry majors launch ‘world’s first’ on-demand OBN production plant

SENAI CIMATEC, in partnership with Shell Brasil, Petrobras, and Sonardyne, has inaugurated the world’s first production plant for on-demand ocean bottom nodes (OD OBN), a seismic technology poised to revolutionize oil reservoir management, particularly in Brazil’s pre-salt region. Located at SENAI C

about 1 year ago
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