Following its third price collapse in 12 years, the oil and gas industry may be facing a period of transformation. The industry managed to recover from the previous two downturns and continue with business as usual, but this time it seems the recovery might look a bit different from the ones before.
The Mayflower Autonomous Ship (MAS), one of the world’s full autonomous ships, will be officially launched on September 16th in Plymouth, UK. The project is led by marine research organization Promare, with IBM as technology partner. Finnish technology company Wärtsilä has joined also joined the glo
Norwegian-based Jotun has signed the first commercial contract for container vessels for its Jotun Hull Skating Solutions (HSS) with container shipping major Mediterranean Shipping Company (MSC). MSC plans to install the Jotun HullSkater, a robotic technology that has been designed for proactive cle
Japanese shipbuilding major Mitsubishi Heavy Industries has installed its in-house produced DIA-SOx marine SOx scrubbers on 22 ships so far this year. The company said that its subsidiary Mitsubishi Shipbuilding Co. had installed the scrubbers onboard 3 ship types: container ships (five 20,000 TEU c
Ferry Tõll has become the first hybrid passenger vessel in Estonia following its successful conversion.
Spreading of the deadly fire on board the Panama-flagged oil tanker MT New Diamond, which erupted on September 3, has been controlled, according to the Sri Lanka Navy, posing no risk of oil leakage from the vessel. The fire broke out after an explosion of a boiler in the main engine room of MT New [
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has invited public comments for Kato Energy’s proposal for the development of the Amulet field – and possibly the Talisman field.
Danish Port Esbjerg has formed a partnership with technology company Honeywell as part of its efforts to become climate neutral. Honeywell has extensive experience in measuring and managing digital transformation for cities and airports working to become greener and smarter. The arrangement involves
Singapore-based ship management company Eastern Pacific Shipping (EPS) has won a deal with BHP to charter five LNG dual-fuel Newcastlemax bulk carriers. The contract is being awarded as part of the tender BHP released in July 2019, seeking vessels to cut greenhouse gas (GHG) emissions by more than 3
Danish ferry and logistics company DFDS has developed an ambitious climate plan unveiling its goal to become climate neutral by 2050.
The UK’s Oil and Gas Authority (OGA) has offered for award 113 licence areas over 259 blocks or part-blocks to 65 companies in the latest offshore licensing round.
The Danish Energy Agency has sent a draft permit for preliminary offshore and onshore studies related to the Hesselø offshore wind project for consultation with the relevant authorities. The feasibility study permit will give the transmission system operator Energinet, which is to be responsible for
Japanese shipping company NYK Line, classification society ClassNK and power systems provider IHI Power Systems recently signed a joint research and development agreement to put the world’s first ammonia-fueled tugboat into practical use.
Oslo-based Wilhelmsen Group has signed a Memorandum of Understanding (MoU) with South Korean Hyundai Glovis to explore the potential of the global gas shipping market, and research into alternative vessel fuels, such as liquefied hydrogen. The MoU builds on the years-long relationship between the tw
