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UMAS
Green Marine

UMAS parts ways with UCL Energy ‘to better serve’ shipping’s decarbonization

UMAS, formerly a close collaboration between the UCL Energy Institute shipping research group and UMAS International, is to take on a new configuration in order to better serve the shipping sector’s needs, as it moves into an era of rapid technological change and development related to decarbonizati

about 2 years ago
EU flag; Source: Council of Europe
Fossil Energy

EU’s natural gas demand in 2023 hits lowest level in 15 years

The demand for natural gas in the EU has taken a downturn for the second year in a row, reaching the lowest level since 2008.

about 2 years ago
EPS picks DeepSea Technologies’ AI solution for full fleet roll-out
Energy Efficiency & Innovation

EPS picks DeepSea Technologies’ AI solution for full fleet roll-out

Singapore-based ship management company Eastern Pacific Shipping (EPS) has entered into an agreement with Greek tech firm DeepSea Technologies to implement a fleet-wide deployment of DeepSea’s performance monitoring platform.

about 2 years ago
Main suppliers revealed for NKT's new cable layer as it gets its name
Cabling

Main suppliers revealed for NKT’s second cable layer as it gets its name

Denmark-based power cable manufacturer and installation company NKT has named its new cable laying vessel (CLV) NKT Eleonora, meaning shining light. According to NKT, the name is a reference to the company’s central position in transmitting power through its cable solutions and to the bright future

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Fossil Energy

Shell gives Deltic more time to secure funds for its share of appraisal costs at North Sea discovery

Deltic Energy has managed to obtain additional time to ensure that its share of costs will be secured for the appraisal of a discovery in the North Sea.

about 2 years ago
FPSO Johan Castberg; Source: Equinor
Fossil Energy

WATCH: Massive newbuild FPSO embarking on sea trials before starting its Barents Sea gig

Equinor has disclosed the departure of its giant new floating production, storage, and offloading (FPSO) vessel from Aker Solutions’ Stord yard.

about 2 years ago
OPEC
Fossil Energy

OPEC+ stretches production cuts into 2025 but presents timeline to ease off oil curbs later on

With geopolitical challenges and economic uncertainties at the forefront, OPEC+ will prolong production cuts into 2025 to prop up oil markets.

about 2 years ago
Freeport LNG
Fossil Energy

JERA’s partial stake in US LNG project going to JAPEX

JERA has decided to offload a partial interest in an LNG export project located in the United States (U.S.) to optimize its asset portfolio.

about 2 years ago
Planning consent issued for solar methanol plant in Port Augusta
Alternative Fuels

Planning consent issued for solar methanol plant in Port Augusta

Solar Methanol 1 (SM1), the proposed solar thermal-powered plant that will produce green methanol in Port Augusta, South Australia, has received planning consent.

about 2 years ago
US President Joe Biden
Marine Energy

US govt’s clean electricity tax credits guidance aims to continue investment boom

This proposed guidance offers a tax credit for the production of clean electricity, regardless of technology. This replaces the production tax credit for renewable electricity generation, extended through 2024.

about 2 years ago
Fairfield’s dual-fuel LNG tanker Fairchem Pathfinder wraps up first bunkering
Clean Fuel

Fairfield’s dual-fuel LNG tanker Fairchem Pathfinder wraps up first bunkering

Fairchem Pathfinder, one of Fairfield Chemical Carriers’ four 26,000 DWT dual-fuel LNG newbuilds, has completed its inaugural LNG bunkering operation in Singapore.

about 2 years ago
Saipem to take over China-built latest generation heavy lift pipelay vessel in June
Deepwater Installation

Saipem to take over China-built latest generation heavy lift pipelay vessel in June

Chinese state-owned port and naval machinery manufacturer ZPMC has held the completion ceremony for the latest generation vessel for offshore heavy lifting, construction and pipelaying, set to be delivered to Saipem. The completion ceremony of the JSD6000 was held at ZPMC’s base in Changxing and the

about 2 years ago
Danish wind power major to christen Maersk’s new methanol-enabled ship
Alternative Fuels

Danish wind power major to christen Maersk’s new methanol-enabled ship

Danish wind power major Vestas will christen Maersk’s new methanol-enabled vessel, the shipping company revealed.

about 2 years ago
Cable production kicks off for TenneT’s 2 GW grid connection projects
Cabling

Cable production kicks off for TenneT’s 2 GW grid connection projects

The production of TenneT’s new cables that can transmit up to 2 GW of offshore wind capacity has started at LS Cable in Donghae, South Korea. The new cables with a voltage of 525 kV make it possible to transmit 2 GW of direct current (DC) over long distances with low losses, said the Dutch-German [&

about 2 years ago
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