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South Korea to launch clean hydrogen certification system
South Korean Ministry of Trade, Industry and Energy (MOTIE) has announced that the proposal for an amendment to the ‘Hydrogen Economy Promotion and Hydrogen Safety Management Act’ has passed the 47th Cabinet meeting’s deliberation and resolution process, enabling the government to move forward with
KCC to equip new ship quartet with Silvestream’s air lubrication tech
Norwegian shipowner Klaveness Combination Carriers (KCC) has decided to retrofit four additional vessels with the air lubrication technology developed by UK’s cleantech company Silverstream Technologies.
£9 million grant in for UK’s first HVDC cable factory
UK-based XLCC has secured a £9 million grant from Scottish Enterprise to continue the development of the UK’s first HVDC cable factory, located in North Ayrshire, Scotland. The grant follows planning approval of the proposed site from North Ayrshire Council in May. When fully operational, the site i
Oil & gas firm seeks new partners for ‘high-value play’ after getting thumbs-up for Tullow Guyana acquisition
Eco (Atlantic) Oil & Gas is embarking on a search for new partners, after expanding its interest in a block offshore Guyana, thanks to the green light for the acquisition of Tullow Oil’s entire interest in Tullow Guyana (TGBV).
Boskalis opens shore power facility for its vessels in Rotterdam
Dutch dredging and heavy lift company Boskalis has commissioned a large-scale shore power facility at its premises in the Waalhaven in Rotterdam, the Netherlands.
Cedar LNG, SHI and Black & Veatch conclude deal on shipyard capacity
The Haisla Nation and Pembina Pipeline, partners in the development of the proposed Cedar floating LNG export project in Canada, have signed heads of agreement (HoA) with shipbuilding company Samsung Heavy Industries (SHI) and LNG infrastructure solutions company Black & Veatch to secure access to s
South Korea to pump $545M into next-gen shipbuilding tech, carbon-free fuels
South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has revealed its plans to invest KRW 710 billion ($544 million) into next-generation shipbuilding technology and carbon-free fuels.
Petronas and PetroVietnam pursuing oil & gas alongside decarbonization and clean energy
Petronas will pool resources with PetroVietnam to explore opportunities in the upstream, renewables, and downstream sectors in Vietnam.
China’s largest submarine cable construction ship launches
State Grid Corporation of China has launched what – with a cable-carrying capacity of 10,000 tons and a displacement of 24,000 tons – is said to be China’s largest submarine cable construction ship. Qifan-19, developed independently by State Grid Corporation of China for Guojiao No.1 Brand, was laun
Neptune gearing up to spud North Sea wildcat with Odfjell Drilling-managed rig
Neptune Energy has secured a drilling permit from the Norwegian authorities for an exploration well in the North Sea off Norway.
Three more Kotug vessels come to Guyana for work with ExxonMobil
Kotug has welcomed the arrival of three additional vessels in Guyana, which will support ExxonMobil’s offshore operations.
CMES exercises options for 4 methanol-fueled car carriers, orders 4 bulkers
Shipping company China Merchants Energy Shipping (CMES), part of China Merchants Group, has ordered a total of eight new vessels from China Merchants Industry.
ExxonMobil flows oil from third project offshore Guyana as FPSO comes online ahead of schedule
ExxonMobil has started production from its third oil development at the Stabroek block offshore Guyana, boosting total production capacity in the country to approximately 620,000 barrels per day.
Damen Shipyards introduces the new Fast Crew Supplier 3210 Hybrid
Damen Shipyards is introducing a new addition to its popular Fast Crew Supplier (FCS) crew transfer vessel range. The FCS 3210 Hybrid has been designed to transport technicians to the new generation of wind farms that are being built further offshore than ever before. The new vessel is based on Dame