Aker Solutions and Kvaerner have completed a merger whereby Aker Solutions has absorbed all the assets, rights and obligations of Kvaerner and Kvaerner has been dissolved. The two entities have joined forces to create a new supplier of solutions to reduce climate gas emissions from oil and gas insta
Finnish shipbuilder Meyer Turku has decided to permanently lay off additional 84 people after closing the latest phase of talks with unions, pushing the total count of job cuts to 250. As Offshore Energy – Green Marine reported in August, the first phase of the employee cooperation negotiations (YT
After several days of counting and anticipation, the United States of America have a brand-new President-elect – the Democratic Party candidate Joe Biden. With the White House now waiting for him, it is important to look at what a Biden win could mean to the oil and gas industry and the U.S. energy
North Sea operator Chrysaor has submitted a licence application for the purpose of storing CO2 in a depleted reservoir in the North Sea off the UK.
Louisiana Governor John Bel Edwards has announced a renewable energy initiative for the Gulf of Mexico, which revolves around offshore wind. On 9 November, Edwards presented his vision at an inaugural meeting of the Climate Initiatives Task Force established earlier this year, for which offshore win
Switzerland-based Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership.
Stolt Tankers, part of transportation company Stolt-Nielsen Limited, has entered into a joint venture with the John T. Essberger Group for the operation of their combined parcel tanker fleets trading within Europe.
Norway-based maritime solutions provider Høglund Marine Solutions has, in collaboration with Germany’s HB Hunte Engineering, developed a tank concept for LPG and CO2 transportation, based on existing technology.
The International Maritime Organization (IMO) and the World Tourism Organization (UNWTO) have expressed their support for the safe resumption of cruise ship operations following the COVID-19 pandemic.
The fiscal year 2020 has ended at Siemens Gamesa Renewable Energy (SGRE), which reported a decline in revenues, but also a record order intake. In its outlook, the wind turbine supplier sees boosts in several markets, such as the green hydrogen plans in the EU, Democrats’ push for net-zero 2050 in t
The Sustainable Shipping Initiative (SSI) and the Institute for Human Rights and Business (IHRB), along with SSI members, have launched a new project focusing on seafarers’ labour and human rights.
CGG and Shearwater have agreed to suspend negotiations around creating a marine streamer equipment JV until visibility in the streamer replacement cycle improves. The companies said that decision comes due to the downturn in the oil and gas industry, triggered by the Covid-19 pandemic. Both parties
Malaysian energy giant Petronas has set out a target to achieve net zero carbon emissions by 2020.
Petrobras has decided to create a climate change executive management, reinforcing the growing importance of the activities related to the low-carbon transition.
