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Trafigura forms joint venture company with Spanish oil operator
Alternative Fuels

Trafigura forms joint venture company with Spanish oil operator

Global commodity trading group Trafigura and oil operator Meroil S.A. have created a joint venture company that includes storage infrastructure for biofuels within the port of Barcelona. Following Trafigura’s acquisition of 50% of the shares in Meroil Tank S.L. from Meroil for an undisclosed sum, Me

about 2 years ago
Grain de Sail to build third sailing cargo ship
Green Marine

Grain de Sail to build third sailing cargo ship

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French company Grain de Sail has decided to construct its third cargo sailboat, the Grain de Sail III, to meet the need for wind-powered maritime transport.

about 2 years ago
Ocean Onyx semi-submersible rig; Source: Noble
Fossil Energy

Noble anticipates step-up in floater rig demand as deepwater oil & gas plays become ‘critical’ to global energy security

Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.

about 2 years ago
Illustration; Source: BOEM
Decommissioning

US court forestalls threat of oil & gas shutdown in Gulf of Mexico with a reprieve

A court decision, which was interpreted to pose a serious threat to new and existing oil and natural gas operations in the U.S. Gulf of Mexico with some fearing that it would have unintended consequences for the offshore wind program as well, has been replaced with a new one.

about 2 years ago
Hydrogen, maritime projects among winners of €4.8 billion EU grant
Alternative Fuels

Hydrogen, maritime projects among winners of €4.8 billion EU grant

The European Commission has selected 85 net-zero projects, including those involving hydrogen and maritime, to receive €4.8 billion in grants from the Innovation Fund.

about 2 years ago
twenty-five projects
Energy Transition

Twenty-five UK projects win $1.8M grant to drive cleaner and smarter mobility

The UK government has awarded £1.4 million (circa $1.8 million) in funding to 25 ‘innovative’ transport projects across the country, aiming to drive economic growth and support the UK’s transition to a cleaner, more efficient system across transport sectors. As per the UK Department for Transport, t

about 2 years ago
Sleipner field in North Sea; Credit: Øyvind Gravås and Bo B. Randulff/Equinor
Fossil Energy

Update: North Sea platform still offline after smoke incident

Equinor has confirmed that the production at an unmanned production platform on a gas field in the North Sea offshore Norway remains shut in, following the appearance of smoke, with no impact on committed gas exports currently anticipated.

about 2 years ago
Island Innovator rig; Source: Island Drilling
Fossil Energy

Island Drilling rig makes a stop at shipyard in Las Palmas

Canarship has confirmed the arrival of a semi-submersible rig to the Port of Las Palmas. This rig is owned by Norway’s Island Drilling.

about 2 years ago
RVO TGS Doordewind
Offshore Wind

TGS completes soil survey for Doordewind offshore wind zone

TGS has carried out a three-dimensional Ultra High-Resolution Seismic (3D UHRS) soil survey in the Doordewind Wind Farm Zone in the Netherlands. Commissioned by the Netherlands Enterprise Agency (RVO), the 3D UHRS soil survey was conducted in the North Sea for the first time from mid-June to the end

about 2 years ago
Yung-Hsiang, Lai, CEO of MIRDC, and Dr Matthew Rowe, Director, Power Grids, APAC, Energy Systems, DNV.
Floating Solar

Taiwan’s renewable energy goals to be supported by DNV-MIRDC partnership

Classification society DNV has signed a memorandum of understanding (MoU) with Taiwan’s Metal Industries Research & Development Centre (MIRDC) to collaborate on renewable energy technologies, including floating solar, among others. The MoU solidifies a three-year partnership aimed at enhancing Taiwa

about 2 years ago
FSRU; Courtesy of Hanwha Ocean
Fossil Energy

Japanese giant strikes deal for Singapore’s first FSRU

Mitsui O.S.K. Lines (MOL) has won a long-term time charter contract for a floating storage and regasification unit (FSRU), which will be built by South Korea’s Hanwha Ocean for deployment in Singapore.

about 2 years ago
Following Australian approval, Singapore's regulator blesses 'flagship' power link
Cabling

Singapore’s regulator blesses ‘flagship’ power link two months after Australian approval

Singapore’s electricity regulator the Energy Market Authority (EMA) has given conditional approval for a project that will harness and store renewable energy from Australia and transmit it to Singapore via a high-voltage direct current (HVDC) transmission system, two months after the Australian Gove

about 2 years ago
Sembcorp and PT PLN move forward with green hydrogen project in Indonesia
Hydrogen

Sembcorp and PT PLN move forward with green hydrogen project in Indonesia

Sembcorp Utilities, a wholly-owned subsidiary of Singapore’s Sembcorp Industries, and Indonesian state-owned utility company PT PLN (Persero) have signed a joint development agreement (JDA) to advance their green hydrogen production project in Sumatra, Indonesia. The agreement follows the joint deve

about 2 years ago
IINO Lines
Alternative Fuels

Order placed for Japan’s first methanol dual-fuel crude oil tanker

Japan’s IINO Kaiun Kaisha (IINO Lines) has placed an order for what is said to be “Japan’s first methanol dual-fuel crude oil tanker” at compatriot Nihon Shipyard, a joint venture of Imabari Shipbuilding and Japan Marine United Corporation.

about 2 years ago