Business & Finance
Donsötank books two more LNG-fuelled chemical tankers at Wuhu Shipyard
Swedish tanker shipping company Donsötank has placed an order for two newbuildings dual-fuel 22,500 dwt oil and chemical tankers with Wuhu Shipyard based in China. The vessels are scheduled for delivery in the second and fourth quarters of 2025. “As we navigate the path towards the future of shippin
$4.4 billion investment on the cards for ‘largest natural gas project’ in Romania’s Black Sea
OMV Petrom and Romgaz have made a final investment decision for a giant deepwater natural gas project in the Black Sea.
TotalEnergies joins Offshore Energy Exhibition & Conference for the second year in a row
TotalEnergies has confirmed its participation in Offshore Energy Exhibition & Conference 2023 (OEEC 2023), to be held this November in Amsterdam, the Netherlands. The energy giant is now a returning exhibitor and sponsor at OEEC, after having been part of OEEC 2022. The company will join this year’s
AtoB@C Shipping’s first hybrid vessel hits the water in India
India’s Chowgule Shipyard has launched Electramar, the first unit in the series of twelve energy-efficient plug-in hybrid vessels ordered by AtoB@C Shipping, a subsidiary of Finnish dry bulk shipping company ESL Shipping. “The launching of a vessel is always a special moment in shipbuilding and we a
Qiyao Enviro’s onboard carbon capture tech validated on Wan Kwong’s ships
Wah Kwong Maritime Transport Holdings, a Hong Kong shipowner, and Qiyao Environmental Technology (Qiyao Environ Tec), a subsidiary of Shanghai Marine Diesel Engine Research Institute, have secured an approval in principle from Bureau Veritas (BV) for a carbon capture and storage (CCS) project onboar
‘Major milestone’ tucked away with submission of development plan for UK North Sea gas project
Hartshead Resources and Viaro’s RockRose Energy have handed a field development plan (FDP) for Phase I gas project in the UK North Sea.
XL uncrewed underwater vehicle set for technology demonstrations
Canadian Cellula Robotics and UK-based HonuWorx are collaborating to carry out a series of technology demonstrations that will use an extra-large uncrewed underwater vehicle (XLUUV). The demonstrations will see Cellula’s Solus-XR extra-large uncrewed underwater vehicle (XLUUV) used in showcasing Hon
J. Lauritzen, Cargill add third methanol-fuelled Kamsarmax to their tally at Tsuneishi
Danish investment company J. Lauritzen is expanding its partnership with Swiss freight trader Cargill by adding a third methanol dual-fuel 81,200 dwt Kamsarmax bulk carrier to their existing order of two vessels. The vessels are capable of trading with zero carbon emissions when powered by green met
UK firm to back Nexans on Ireland-France interconnector
UK-headquartered International Projects Group (IPG), part of the RSK Group, has been appointed to support Nexans Norway with work for the Celtic Interconnector that will link Ireland and France. IPG will create a marine construction environmental management plan and provide construction environmenta
Rising costs and UK tax hike deal a death blow to North Sea oil project
The windfall tax hike and the rise in costs have brought to an end the development of a North Sea oil project.
Fred. Olsen 1848’s new solution targets near- and offshore floating solar
Oslo-headquartered Fred. Olsen 1848 has launched a new solution said to unlock the potential of near- and offshore floating solar by allowing PV modules to move freely and independently. The solution named Bolette is said to be capable of handling high wave loads in combination with wind, which repr
Norway’s gas output nosedives while oil grows
Norway’s gas output has fallen below the one recorded during the month before, last year, and the NPD’s forecast.
Assignments for two Havila vessels prolonged
Norwegian offshore vessel operator Havila Shipping has secured contract extensions for two of its platform supply vessels (PSVs).
UK and Norway’s energy transition tale spotlights oil & gas electrification, offshore wind, CCS, and hydrogen as main chapters
Westwood has looked at the UK and Norway’s net-zero targets and steps being taken to decarbonise the oil and gas industry.