Business Developments & Projects
ESL Shipping, Viking Line, partners to develop ship emissions reporting models
Finnish shipping company ESL Shipping, compatriot ferry operator Viking Line and development services provider Attracs have recently joined forces with Åbo Akademi University and PBI Research Institute in an effort to solve the most pressing obstacles for reducing emissions and improving transparenc
Eco Wave Power deepens wave energy ties with China
Eco Wave Power has signed a memorandum of understanding (MoU) with CIMC Offshore Engineering Institute (CIMC OEI) to develop and commercialize its wave energy technology in China.
ACME Group chooses KBR tech for Oman’s green ammonia project
Texas-based oil and gas engineer KBR says its ammonia technology is picked by ACME Group for its green ammonia project in Oman.
Deal in place for São Tomé and Príncipe’s first OTEC power plant
The government of São Tomé and Príncipe has announced partnership with the UK-based Global OTEC Resources for the deployment of the first commercial floating ocean thermal energy conversion (OTEC) platform.
Franco-British partnership set to drive forward marine energy development
The French Renewable Energy Trade Association (SER) and the UK Marine Energy Council (UK MEC) have signed a memorandum of understanding to advance their collaboration on the development of tidal energy sector.
Subsea 7 sets net-zero by 2050 goal
Subsea engineering, construction and services company Subsea 7 has revealed its target to achieve Net Zero greenhouse gas (GHG) emissions by 2050.
Aker BP spuds North Sea prospect with Maersk rig
Aker BP has started drilling operations on its Mugnetind exploration well located offshore Norway, using a Maersk Drilling-owned jack-up rig.
Vår Energi’s new discovery at lower end of pre-drill forecast
Norwegian oil and gas company Vår Energi has made a discovery at the Rødhette exploration well, located in the Barents Sea off Norway.
GOGL orders four dual-fuel bulkers
Bermuda-registered, Norway-based dry bulk shipping company GOGL has decided to order four Kamsarmaxes and dispose of two older Panamaxes.
Two players working to bring North Sea prospect to drill-ready status
Orcadian Energy has reached a non-binding agreement with Carrick Resources related to a farm-out of a prospect in the UK North Sea.
In focus: Shipping poised to lead clean fuels uptake as major oil spill spurs calls for offshore drilling ban
In a week that once again reminded us of the devastating effects the use of fossil fuels has on environment – now on full display across the coast of Southern California due to the newest oil spill – the calls to break our addiction on such sources of energy echoed around the world. Shipping industr
Silverstream CEO: Air bubble tech particularly fit for LNG carriers
Although compatible with all oceangoing vessel types, the air lubrication technology is especially suitable for liquefied natural gas (LNG) carriers, Noah Silberschmidt, CEO of Silverstream Technologies, revealed in an interview with Offshore Energy – Green Marine.
BP and Shenzhen Gas pen 10-year LNG supply agreement
UK-based oil and gas major BP and Chinese city-gas distribution company Shenzhen Gas have signed a ten-year LNG supply deal for 225,000 to 300,000 tonnes a year.
Stena rig wraps up North Sea well for Tailwind
Tailwind has revealed that the Evelyn development well, in the UK North Sea, has been drilled, completed, and tested using a Stena rig.