Noreco has entered into a strategic deal with Semco Maritime to identify, explore and investigate opportunities in the oil and gas sector.
Noreco, to be renamed BlueNord, has set the wheels into motion to participate in a mini-round of licencing in the Danish North Sea.
The first LNG cargo, pursuant to the agreement concluded between Bulgaria’s state gas company Bulgargaz EAD and Turkish company BOTAŞ, has been delivered to an LNG terminal in Turkey. Bulgargaz said the gas delivered by the tanker is from the American company Shinier, which in the fall of last year
Icelandic energy company Landsvirkjun and global industrial gases and engineering company Linde have signed a collaboration agreement that is expected to facilitate energy transition in Iceland through the development of clean hydrogen and e-fuel projects. Landsvirkjun said the partnership will comb
UK-based remotely operated vehicle (ROV) solutions provider ROVOP has secured a new $25 million senior credit facility with global infrastructure and real assets manager Cordiant Capital in order to pursue growth steps. The support comes as ROVOP continues to invest in its fleet infrastructure and e
South Korea’s flagship carrier HMM announced that it has cut its carbon emissions by half over the past decade. Namely, the shipping major’s data shows that the CO2 emissions generated when transporting 1 TEU of container for 1 km decreased from 68.7g in 2010 to 29.05g in 2021, representing a reduct
Japanese chemical company Asahi Kasei, a part of the Asahi Kasei Group, has established a ‘Care for Earth’ investment framework as a new initiative for carbon neutrality by investing $100 million worldwide in early-stage startups that aim to solve issues in environmental fields such as hydrogen, ene
Yantai CIMC Raffles Offshore (CIMC Raffles) has launched China’s first semi-submersible offshore floating solar power generation platform.
Teekay Tankers, one of the world’s leading providers of international seaborne transportation of oil, said it would implement engine power limitation (EPL) on its vessels to meet the Efficiency Existing Ship Index (EEXI) requirements. Namely, the EEXI will require a 20% improvement in vessel design
Following a competitive tender process, Malaysia’s state-owned energy giant Petronas has awarded Drilling Systems, part of 3t Energy Group, a contract for the provision of its learning technology. Under the contract award, Drilling Systems will provide its Drill the Well on Simulator (DWOS) solution
Japan’s Itochu Corporation has decided to make an equity investment in Purus Marine, a recently formed, environmentally focused maritime vessel and infrastructure company. UK-based Purus Marine owns and manages various environmentally advanced vessels. Its business purpose is to provide vessels that
Canada-based Amp Energy, a global energy transition development platform, has signed an agreement with Australian iron ore exploration and mining company Iron Road Ltd. to develop green hydrogen at scale on the Cape Hardy Port precinct. Cape Hardy is located on the east coast of Eyre Peninsula, Sout
After a long development process, the Marine Renewable Energy Collaborative (MRECo) will start the first full test of a tidal energy turbine at its Bourne Tidal Test Site in the Cape Cod Canal.
British wind propulsion company Anemoi Marine Technologies has won funding from the UK Research and Innovation’s Horizon Europe Guarantee fund as part of its involvement in the Optiwise EU project. The Optiwise project aims to maximise the results of vessels using wind propulsion technologies, such
