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US research program backs eleven marine energy projects
Ship cabin image on the sea representing twelfth Request For Technical Support (RFTS), the U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program.
WindWings on Pyxis Ocean cut energy consumption of main engine by 32% per NM, DNV confirms
When sailing in favorable conditions, the two BAR Technologies’ WindWings installed on the MV Pyxis Ocean reduced energy consumption of the main engine by 32% per nautical mile, DNV found in an interim report.
Eastern Pacific Shipping marks 200th STS LNG bunkering operation
Singapore-based ship management company Eastern Pacific Shipping (EPS) has completed its 200th liquefied natural gas (LNG) bunkering operation.
Plug Power gets conditional loan of up to $1.66 billion for hydrogen projects
Plug Power has received a conditional commitment for an up to $1.66 billion loan guarantee from the U.S. Department of Energy (DOE) to finance green hydrogen projects.
ADES firms up jack-up rig’s drilling gig in Thailand
ADES has ironed out all the details for a new offshore drilling assignment, which will be undertaken by one of its jack-up rigs off the coast of Thailand.
Ports of Barcelona and Shanghai partner on decarbonization projects
The Port of Barcelona and the Port of Shanghai have signed an agreement to explore opportunities for collaboration in innovative decarbonization projects.
MOL: World’s first Wind Challenger-equipped coal carrier achieves fuel savings of 17%
Shofu Maru, the “world’s first” coal carrier equipped with the Wind Challenger hard sail wind propulsion system, had achieved daily fuel savings by up to 17% and by 5 to 8% per voyage on average, Japanese shipping company Mitsui O.S.K. Lines (MOL), the owner of the vessel, confirmed.
Record order backlog for Reach Subsea as it pursues ‘large untapped potential’ within group
Norway’s Reach Subsea has reported record financial results for the first three months of 2024 with the order backlog reaching NOK 1.3 billion (about €111.5 million), a 60% increase compared to the first quarter of 2023. Revenue for Q1 2024 was NOK 575.3 million, a 146% increase compared to NOK 234
National associations commit to advancing clean hydrogen across Europe
National hydrogen associations agreed to strengthen ties through Cooperation Charter for European Associations Advancing Clean Hydrogen.
With Petrobras CEO calling it quits, former general director of ANP prepares to step in
Brazil’s state-owned oil and gas giant Petrobras is on the brink of getting a new CEO after its current one requested early termination.
LNG-powered Silver Ray delivered to Silversea
German shipbuilder Meyer Werft has delivered liquefied natural gas (LNG)-powered cruise ship Silver Ray to Monaco-based cruise company Silversea Cruises.
Woodside making strides in developing deepwater gas project
Woodside Energy has discussed the inroads made in the development of its deepwater natural gas field off the coast of Trinidad.
New milestone unlocked as ADNOC delivers first certified commercial shipment of low-carbon ammonia
ADNOC delivered the first certified bulk commercial shipment of low-carbon ammonia enabled by carbon capture and storage to Mitsui in Japan.
Aker BP preparing to spin the drill bit in Norwegian Sea
Aker BP has secured a green light to use one of Odfjell Drilling’s semi-submersible rigs for exploration activities in the Norwegian Sea.