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Santos signs up to join global initiatives for flaring and methane crackdown
Santos has become the latest oil and gas player to join two climate change initiatives, related to flaring and methene reduction.
Glomar claims 28% emissions reduction using GoodFuels’ biofuel
Dutch offshore drilling services provider Glomar Offshore has revealed that it has achieved CO2 emissions reduction by 28% by transitioning from traditional fuels to GoodFuels’ HVO30, a sustainable marine biofuel blend.
QatarEnergy reveals name of first LNG carrier in its massive fleet expansion program
State-owned oil and gas giant QatarEnergy has revealed the name of the first LNG carrier to be delivered as part of its historic LNG fleet expansion program. On February 23, the company said it had named the first vessel “Rex Tillerson” in recognition of the former Chairman and Chief Executive Offic
The ripple effect: How geopolitics and disruptions in key trade routes impact shipping’s decarbonization
Disruptions in two major global maritime trade waterways seem to have diminished efforts to accelerate decarbonization of the shipping industry.
New cable layer joins Boskalis fleet following major conversion
Dutch offshore services giant Boskalis has commissioned its new cable-laying vessel (CLV) BOKA Ocean following a major conversion program. Boskalis welcomed BOKA Ocean to its fleet in August 2023 as a pipe-laying vessel, which was then converted into a broadly deployable cable layer. After completin
New JV sets up engineering and asset integrity management firm in Guyana
Norway’s asset integrity management company Axess Group and Guyana Logistics and Support Services (GLASS) have established a joint venture (JV) to launch an engineering and asset integrity management (AIM) firm in Guyana. Axess has been delivering services including design, inspection, maintenance,
Axpo and SGV to pioneer hydrogen passenger vessel on Swiss Lake Lucerne
Swiss renewable energy company Axpo has become a shareholder in compatriot H2Uri AG, a company building the first green hydrogen production plant in central Switzerland. The hydrogen produced at this plant will be used to power the first hydrogen passenger vessel operated by Lake Lucerne Navigation
Noble’s CEO sees ‘highly encouraging’ signs ahead for its fleet thanks to surge in rig demand
Noble Corporation is anticipating a further boost to its contract backlog over the next two years.
‘Strong demand’ for MMA’s vessels and subsea services from both oil & gas and offshore wind
MMA Offshore reported strong demand for its vessels and services in the first FY2024 half-year. With newbuild vessel orders at a historic low and limited additional vessel supply anticipated in the coming couple of years, the Australia-headquartered company said it was expecting favorable market con
MPA shortlists 11 proposals for design of fully electric harbor craft
The Maritime and Port Authority of Singapore (MPA) has shortlisted a total of 11 passenger launch and cargo lighter vessel designs submitted by seven companies and consortia for the full electric harbor craft (e-HC) program.
Korea Eximbank, KfW IPEX to cooperate on financing eco-friendly ship, renewable energy projects
The Export-Import Bank of Korea (Korea Eximbank) has signed a Memorandum of Understanding with Germany’s KfW IPEX-Bank in Frankfurt to boost high-tech innovation and fortify supply chains.
Woodside strengthens ties with JERA through sale of partial stake in gas field, LNG offtake, and pursuit of new energies
Australian energy giant Woodside has put the wheels in motion to widen the scope of its relationship with JERA.
Scorpio Tankers picks FOWE fuel emulsion systems for 100+ vessels
Monaco-based shipping company Scorpio Tankers has signed a non-binding Memorandum of Understanding to install the Fowe Eco Solutions (FOWE) fuel emulsion systems across its entire fleet of over 100 vessels.
Hanwha Ocean seals $256 million deal to build VLCC pair
South Korean shipbuilding major Hanwha Ocean has received an order to build two very large crude carriers (VLCCs) for a shipping company from Oceania.