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Bunker Holding introduces carbon insetting capability to accelerate maritime decarbonization
Denmark-based supplier of marine fuel Bunker Holding has concluded its first blockchain-powered carbon insetting operation in a new partnership with Dutch carbon insetting firm 123Carbon and French classification society Bureau Veritas.
BV: Carbon capture is not a silver-bullet solution, it must be used with other decarbonization strategies
Carbon capture technology could offer several benefits to the shipping industry; however, it is not a silver-bullet solution and it must be used in conjunction with other decarbonization strategies to achieve the industry’s emissions reduction goals, a new report finds.
Scottish Renewables CEO: Marine energy industry will play key role in UK energy system
The Chief Executive Officer (CEO) of Scottish Renewables has commented on the marine energy sector’s progress toward commercialization, explaining that the marine energy industry will play a key role in the UK energy system.
Deltamarin and ECOLOG present LNG dual-fuel LCO2 carrier design
Deltamarin and ECOLOG have unveiled a short-range, low-pressure liquified CO2 (LCO2) carrier design with LNG dual-fuel propulsion.
Diamond Offshore drillship staying in Gulf of Mexico for two more years
Diamond Offshore has found more work for one of its drillships with Anadarko, prolonging the rig’s drilling assignment in the U.S. Gulf of Mexico.
Under new CEO, Prysmian makes solid start to 2024
Following an “outstanding” 2023, Italian cabling giant Prysmian has made a solid start to 2024, reporting a net profit of €190 million for the first quarter of the year, compared to €187 million in the first three months of the prior year. Group sales amounted to €3,687 million, with a -5.6% organic
Another oil & gas find for Petronas and ExxonMobil offshore Suriname
Petronas and ExxonMobil have made another hydrocarbon discovery at an exploration well in Block 52 offshore Suriname.
Oceans of Energy launches floating solar farm in Belgium
Dutch offshore solar company Oceans of Energy has completed the North Sea Three (NS3) floating solar farm in the port of Oostende, Belgium.
Petrobras appoints interim CEO, removes CFO amid management reshuffle
Petrobras has confirmed the appointment of an interim CEO, along with an interim CFO after the current one was removed from his position.
K Line completes its first trial use of marine B100 biofuel on car carrier
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has completed its first trial use of marine B100 biofuel on the car carrier Apollon Highway.
Bound4blue integrates Siemens digitalization tech into eSail system
Spanish automated wind-assisted propulsion system specialist bound4blue has embarked on a collaborative journey with German technology company Siemens, integrating the latter’s technology into the eSAIL system.
Expro finalizes purchase of UK well construction and intervention services provider
Energy services provider Expro has completed the acquisition of Scotland-based Coretrax, a provider of performance drilling tools and wellbore cleanup, well integrity, and production optimization solutions. The acquisition, from an investment group led by Buckthorn Partners, is expected to enable Ex
Stake in Shell’s UK gas field enables Norwegian player to bolster North Sea portfolio
DNO has enriched its North Sea portfolio with a new addition, thanks to the acquisition of an interest in a Shell-operated gas field.
MOL, TotalEnergies ink charter deal for LPG-powered LPG carrier duo
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL), through its group company MOL Energia Pte, has signed a time charter contract for two liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) with a subsidiary of TotalEnergies, CSSA Chartering and Shipping Services (CSSA).