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Sustainable Marine’s PLAT-I 6.40 platform deployed at Grand Passage in Nova Scotia (Courtesy of Sustainable Marine)
Collaboration

IEA-OES: Ocean energy advancements made across the globe in 2022

Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has provided an overview of key achievements and progress made in the ocean energy sector in its new annual report for 2022.

about 3 years ago
Aramco and Linde Engineering to develop ammonia cracking technology
Collaboration

Aramco and Linde Engineering to develop ammonia cracking technology

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Energy company Aramco and gas and engineering company Linde Engineering have signed an agreement to jointly develop a new ammonia cracking technology, using their experience and capabilities in industrial research and development, lower-carbon hydrogen, and ammonia cracking technology. Aramco said t

about 3 years ago
Oman makes multi-billion-dollar hydrogen move
Collaboration

Oman makes multi-billion-dollar hydrogen move

Omani hydrogen company Hydrom, a subsidiary of Energy Development Oman (EDO), has signed six term-sheet agreements for hydrogen production worth more than RO 20 billion (around $51 billion) over the next seven years. The agreements were signed with developers from Belgium, the Netherlands, the Unite

about 3 years ago
UN coordinator urges public help with funding to stave off ‘5th largest oil spill from a tanker in history’
Collaboration

UNDP buys Euronav’s VLCC to prevent catastrophic spill from ‘ticking bomb’ FSO off Yemen

The United Nations Development Programme (UNDP) signed an agreement with tanker owner EURONAV Luxemburg to buy a very large crude carrier (VLCC), as part of the UN-coordinated operation to remove more than one million barrels of oil from a decaying tanker off Yemen’s Red Sea coast. The new vessel to

about 3 years ago
K Shipbuilding
Collaboration

Al Seer Marine unveils orders for two additional MR tankers, VLGC

Al Seer Marine, a unit of Abu Dhabi-based International Holding Company, confirmed an order for two additional MR tankers at Korea’s shipbuilder K Shipbuilding. The order was disclosed in a stock exchange filing, a month after K Shipbuilding announced the deal without disclosing the name of the ship

about 3 years ago
ammonia-powered
Collaboration

Maersk Mc-Kinney Moller Center: Emission risks won’t be a showstopper for ammonia-based fuels

The toxicity of ammonia as potential zero-emission fuel of the future for the shipping industry might be solvable after all despite all the hype over its likely impact on the safety of seafarers. There have been a lot of discussions about the dangers of potential releases of ammonia on board during

about 3 years ago
N-KOM and Kongsberg enter services partnership, LNG/LPG included
Collaboration

N-KOM and Kongsberg enter services partnership, LNG/LPG included

Nakilat-Keppel Offshore & Marine (N-KOM), founded from a joint venture between Qatar Gas Transport Company (Nakilat) and KS Investment, a wholly owned subsidiary of Keppel Offshore & Marine, and Norwegian tech company Kongsberg have signed a Memorandum of Understanding (MoU) to collaborate in mariti

about 3 years ago
ADNOC and Eni ally on clean energy and sustainability
Collaboration

ADNOC and Eni ally on clean energy and sustainability

The UAE’s Abu Dhabi National Oil Company (ADNOC) and Italy’s Eni have signed a Memorandum of Understanding (MoU) which outlines a framework of cooperation for future joint projects on energy transition, sustainability, and decarbonisation. Through this agreement, Eni and ADNOC said they will explore

about 3 years ago
Illustration; Source: Worley
Collaboration

In focus: Tackling energy trilemma with oil & gas industry calling the shots

With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

12 minutes read
Illustration; Source: International Energy Agency (IEA)
Collaboration

EIA calls for new approach: Throwing carbon prices into the mix to unveil fossil fuel subsidies

The International Energy Agency (IEA) has outlined a new price gap-plus approach that could bring carbon prices and environmental costs into the equation.

about 3 years ago
New phase of Suez Canal’s digital transformation project launched
Collaboration

New phase of Suez Canal’s digital transformation project launched

The European Bank for Reconstruction and Development (EBRD) has launched the second phase of its technical support program to digitalise the Suez Canal Economic Zone (SCZone).

about 3 years ago
Rendering of Havkraft N-Class wave power plant (Courtesy of Havkraft)
Collaboration

Havkraft forms partnership to bring wave energy to Oman

Norwegian company Havkraft has teamed up with a consultancy Translucidus to develop wave energy projects in Oman.

about 3 years ago
ZIM launches new JV to boost Vietnam shipping services
Collaboration

ZIM launches new JV to boost Vietnam shipping services

Israeli shipping company ZIM Integrated Shipping Services and Hai An Transport and Stevedoring (HATS) have launched Lotus Link, a joint venture to operate domestic shipping services in Vietnam.

about 3 years ago
Illustration; Source: Chevron
Collaboration

Chevron and Egyptian govt join forces to curb methane from oil & gas sector

Chevron has inked a memorandum of understanding (MoU) on methane management with Egypt’s Ministry of Petroleum and Mineral Resources.

about 3 years ago