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New vessel joins UAE firm’s subsea fleet
This 149.5-meter multi-purpose Ice Class diving support and subsea construction vessel has been made for worldwide subsea operations, including operations in coastal waters.
ACWA Power launches Uzbekistan’s first green hydrogen project
ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, and officials from Uzbekistan and Saudi Arabia have inaugurated the first phase of a 3,000-ton-per-year green hydrogen project in Uzbekistan. The project will be an integ
‘Collaborate with non-obvious partners’ – Offshore energy industry talks innovation and speeding things up
The offshore wind industry, now the linchpin between several offshore energy industries, is calling for both innovation and accelerating deployment, while also making sure one does not impede the progress of the other. In this article: During the ‘Renewable energy: Innovate or accelerate?’ confe
BW LPG forges JV with Confidence Petroleum, invests in LPG onshore terminal in India
Singapore-based owner and operator of LPG vessels BW LPG Limited has signed agreements with Confidence Petroleum India Limited, including a 50/50 Joint Venture (JV) called BW Confidence Enterprise Private Limited to invest in the development of onshore LPG import infrastructure in India. This JV, ba
Provaris raises $1.9M for hydrogen prototype tank construction and testing
Provaris Energy has received firm commitments to raise $1.9 million from a share placement to existing and new investors to fund the construction and testing of the hydrogen prototype tank in Norway. According to Provaris, the placement will comprise the issue of 47.5 million new fully paid ordinary
CMA CGM’s Bolloré Logistics rolls out solution to reduce CO2 impact of ships
Transport and logistics company Bolloré Logistics has launched SEAalternative, an offer to reduce the carbon impact of ocean shipments thanks to the use of biofuel.
UK sees North Sea as ‘vital cog’ in its decarbonization and net zero journey
The UK’s regulator North Sea Transition Authority (NSTA) has highlighted the key role the North Sea basin has in helping the country to reach its net zero goals.
Azane taps Amogy to power its ammonia fuel bunker vessel
Azane Fuel Solutions, a Norwegian company developing an ammonia bunkering terminal, has signed a Memorandum of Understanding (MoU) with US-based ammonia power solutions company Amogy Inc. to explore the technical and commercial feasibility of using Amogy´s ammonia-to-power system on board an Azane-d
64% mull cutting maritime investments amid ESG concerns, reveals Woodrow study
Some 64% of senior finance professionals in the UK are contemplating reducing their investment in the maritime sector because of Environmental, Social, and Governance (ESG) risks, according to a recent study from sustainability and communications consultancy Woodrow. The report sheds light on key ar
Live from Offshore Energy Exhibition & Conference 2023
Welcome to the Live Blog! #OEEC2023 in a nutshell. Enjoy the highlights of the event in this video: Thanks to all participants, partners, sponsors and media partners for making this event such a great success! See you next year on 26 & 27 November 2024! Drinks at Navingo stand Offshore Energy Exhibi
Alphaliner: 83% of container carriers ordered in 2023 green
‘Green’ ships accounted for 83% of container carrier capacity ordered in the first nine months of 2023, according to the data from Alphaliner. The newbuilding surge saw the addition of 187 vessels, equivalent to 1.75 Mteu of fleet capacity. Notably, carriers themselves have predominantly initiated t
Saipem scores $1.9 billion contract wins offshore Guyana and Brazil
Saipem has tucked under its belt two new offshore contracts worth approximately $1.9 billion for work with ExxonMobil and Equinor.
CMB.TECH, Boeckmans order four hydrogen-ready cargo vessels
Belgium-based developer and integrator of hydrogen solutions CMB.TECH and compatriot maritime transportation firm Boeckmans have teamed up on the order of four future-proof hydrogen-powered 5.000 dwt general cargo vessels.
Transocean rig becomes first semi-sub to sport DNV’s notation for GHG abatement
Transocean has tucked under milestone under its belt, thanks to one of its semi-submersible rigs being awarded DNV’s Abate (Power+) notation.