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WEF: MOL, Maersk showing readiness to procure green fuels but price gap remains main barrier to decarbonization
On the margins of COP28, shipping companies Mitsui O.S.K. Lines (MOL) and Maersk are actively sending a signal of readiness to procure green fuels and drive economies of scale.
Survey activities for Scottish subsea link to take place until April
Marine survey activities are set to begin this month for the Eastern Green Link 2 (EGL 2) subsea electricity superhighway between Scotland and England. The survey activities are planned to commence from Peterhead, Scotland, in December and continue in Scottish waters until approximately February 202
Houston, Antwerp-Bruges ports and partners pen energy transition accord
U.S. and Belgian cargo hubs Port Houston and the Port of Antwerp-Bruges, together with four other partners, have signed a landmark agreement to form a strategic alliance aimed at accelerating the transatlantic green transition. The two ports are joined by the Center for Houston’s Future, Waterstofne
Itochu and Hive to collaborate on green ammonia project in South Africa
Japan-based trading company ITOCHU Corporation has signed a memorandum of cooperation (MoC) with Hive Hydrogen South Africa for collaboration in the field of green ammonia. Specifically, ITOCHU and Hive will cooperate on the green ammonia production project in Coega, Nelson Mandela Bay, the Eastern
Wison’s floating green methanol plant gets BV’s nod
Classification society Bureau Veritas (BV) has issued Approval in Principle (AIP) to Chinese provider of clean energy technology service and solutions Wison Offshore & Marine (WOM) for its floating green methanol plant (FGMP) solutions.
TotalEnergies invests in collaborative wave power subsea project
TotalEnergies has joined the Renewables for Subsea Power (RSP) collaborative project which is currently powering subsea equipment off the east coast of Orkney in Scotland, with wave power from Mocean Energy and intelligent subsea energy storage from Verlume.
Brazilian delegation visits Yinson’s FPSO undergoing conversion works in Dubai
Yinson Production has hosted dignitaries from Brazil, who came to visit an FPSO, destined to work at Enauta’s field off the coast of Brazil.
With oil flowing from Asian offshore field once again, start-up of drilling campaign only days away
Valeura Energy has restarted production from an oil field project in the Gulf of Thailand, following a shutdown due to an incident.
Shelf Drilling jack-up rig booked for work in Southeast Asia
Shelf Drilling has landed a long-term assignment in Southeast Asia, which enables one of its jack-up rigs to carry out drilling activities offshore Vietnam.
Northern Lights CCS project grabs a slice of EU funding
The European Commission (EC) has awarded €131 million for the Northern Lights carbon capture and storage (CCS) project under its Connecting Europe Facility (CEF) funding scheme. A total of eight cross-border energy infrastructure projects are getting a part of the EU funds. EU Member States have end
Norway’s largest zero-emission ferry launched in Turkey
Turkish Cemre Shipyard has launched NB1091 Hinnøy, Norway’s largest zero-emission ferry.
With tie-back to Gulf of Mexico platform expected by year-end, oil & gas pair coming on stream ahead of schedule
Talos Energy has changed the timeline for the start of production from two oil and natural gas deepwater discoveries in the U.S. Gulf of Mexico.
Bureau Veritas and Avance Labs pen hydrogen certification deal
Classification society Bureau Veritas (BV) and Avance Labs, an I-REC (international renewable energy certificate) accredited code manager for tracking and certification of attributes associated with hydrogen and hydrogen derivative fuels and products, have signed a memorandum of understanding (MoU)
Oldendorff and Teck to fit bulker with rotor sails as part of decarbonization push
German bulk operator Oldendorff Carriers GmbH & Co. KG has entered into an agreement with Canada’s mining major Teck Resources Limited to use wind propulsion to reduce CO2 emissions in Teck’s supply chain. The joint investment will see the vessel Dietrich Oldendorf, which carries shipments of Teck s