As GFANZ works to crystallise its climate threshold for financing, WoodMac wonders if COP27 could be a turning point for oil & gas funding.
Danish hydrogen fuel company Everfuel A/S and Norwegian energy company Greenstat ASA have been granted NOK 148 million ($14.9 million) from Enova to support the development of the Hydrogen Hub Agder.
Asco has inked a deal with Kuldipsingh Port to provide technical expertise for supply base ops to support Suriname’s energy industry.
Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) and compatriot shipbuilders Tsuneishi Shipbuilding and Mitsui E&S Shipbuilding have launched a joint project aimed at developing and building an ocean-going liquefied gas carrier that will use ammonia as its main fuel.
The IEA forecasts that non-OPEC+ will spearhead global oil supply in 2023, while the output from OPEC+ may fall.
The Long Beach City Council has unanimously passed a Ship It Zero Resolution 6-0 calling for zero-emission ocean shipping.
SEA-LNG, the multi-sector industry coalition established to demonstrate LNG’s benefits as a viable marine fuel, has welcomed Israeli container shipping company ZIM to its membership.
SeaShuttle, the ambitious project to build two hydrogen-powered, remotely controlled and autonomous-ready containerships, has secured NOK 150 million (€15 million) in funding from Norwegian state enterprise Enova.
The NSTA has found that electrification of oil & gas platforms with renewable and conventional power sources could curb emissions up to 87%.
Subsea 7 has opened a new office in Seoul, South Korea, as it aims to better support the local offshore wind market. According to Subsea 7, South Korea is emerging to be an important market for both fixed and floating offshore wind and the move is set to support the country in achieving its ambitiou
The Norwegian government has presented a roadmap for a green industrial boost, where renewable energy takes centre stage.
American Bureau of Shipping (ABS) has teamed up with TAMUQ to launch a study into carbon capture and the global supply chain.
The Danish government has signed a new political agreement with eight parties which implies that it will have a 20% co-ownership in future carbon storage licenses in the North Sea. Danish parties Venstre, Socialistisk Folkeparti, Radikale Venstre, Enhedslisten, Det Konservative Folkeparti, Dansk Fol
Beach Energy has submitted an environment plan to the Australian offshore regulator for infill drilling on a field in Commonwealth waters.
