All
New renewable hydrogen facility in Brazil receives $30 million boost
Green Energy Park (GEP) Global has signed a definitive agreement for $30 million Series-A funding and obtained the long-term rights to the hydrogen port terminal facilities in Luis Correia, Brazil, marking a milestone on its journey to build a large hydrogen and hydrogen derivatives production plant
Diamond Offshore’s contract backlog hits $1.9 billion amid tightening rig supply and demand dynamics
After enlarging its contract backlog by $713 million in 1Q 2024,Diamond Offshore is determined to expand its backlog further.
‘World’s first’ large green methanol-enabled boxship visits Dubai (Gallery)
A.P. Moller – Maersk’s first large vessel that can run on green methanol has arrived in Dubai, UAE for the first time and was welcomed by DP World at Jebel Ali.
Mermaid Maritime’s joint venture to keep working for oil major
Mermaid Maritime’s joint venture with a Middle Eastern offshore services company has secured a one-year contract extension for subsea services with an upstream oil and gas company. Thailand-headquartered Mermaid won the contract in a joint venture formed with a local offshore services operator in a
Following three months of testing, Minesto’s megawatt-scale tidal energy kite ‘delivering as expected’
Minesto’s 1.2 MW Dragon 12 tidal powerplant has delivered as expected in its first three months of operations and the data being generated underlines the commercial readiness of Dragon Class systems, the Swedish company reported. The 1.2 MW powerplant was installed and commissioned at the site in Ve
US player and local firm link up to hang out their shingle in Guyana as oil discoveries boost economy
Ocean Edge Services and Atlantic Marine Supplies have formed a new joint venture and corporation in Guyana, Ocean Edge Services (Guyana) Inc.
Fratelli Cosulich adds new methanol and biofuel bunker barge to its fleet
Fratelli Cosulich has taken delivery of the newbuild chemical bunker barge equipped to carry methanol and biofuels up to B100.
Drilling ops bear fruit: Start-up of another well offshore Gabon on BW Energy’s 2024 agenda
BW Energy is planning to bring online another well within the Dussafu license off the coast of Gabon later this year.
GCMD, NYK launch new project to test continuous use of biofuels
The Global Center for Maritime Decarbonization (GCMD) has teamed up with Japanese shipping major NYK Line to launch Project LOTUS aimed at testing the long-term impact of continuous use of biofuels on vessel operations.
Island Offshore orders hybrid ocean energy construction vessel at VARD with option for two more
Norwegian shipping group Island Offshore has awarded compatriot shipbuilder VARD with a contract to design and construct one hybrid power ocean energy construction vessel (OECV) and has also agreed on an option for two more vessels. In 2020-2021, Island Offshore, whose 19-vessel fleet operates in th
Romanian oil & gas company plans to build 3 GW of offshore wind in Black Sea
Romania’s independent energy company Black Sea Oil & Gas (BSOG) has completed an offshore wind feasibility study of potential areas in the Romanian sector of the Black Sea. Last year, BSOG and its Midia Gas Development (MGD) partners revealed plans to use their existing MGD infrastructure to connect
Researchers to work on mega-scale liquid hydrogen storage systems
A team of University of Melbourne researchers will work with Australian and international industry partners to develop mega-scale liquid hydrogen storage systems and infrastructure for energy export terminals and vessels.
Performance Shipping orders scrubber-fitted LR1 tanker in China
Performance Shipping, a Greek shipping company specializing in the ownership of tanker vessels, has signed a contract with Jiangsu Yangzijiang Shipbuilding Group for the construction of one LR1 tanker.
Diamond Offshore taking over marketing rights for two drillships
Diamond Offshore has sealed a deal with Eldorado Drilling to be in charge of marketing rights for two seventh-generation drillships.