McDermott has secured a front-end engineering design (FEED) contract with state-owned oil and gas company QatarEnergy for the North Field South (NFS) expansion project. Under the contract, McDermott will be in charge of developing FEED studies for offshore and onshore pipelines, cables, and associat
Houston-based Talos Energy has listed some of the benefits it expects if the Inflation Reduction Act of 2022 is approved.
BHP has partnered with Pan Pacific Copper (PPC) and Norsepower to look into the installation of a wind-assisted propulsion system onboard a combination carrier operating between Chile and Japan. At the moment, technical assessments are being carried out for the retrofit on-board the 53,762 DWT M/V K
The U.S. ports are set to benefit from a $3 billion worth of funding round intended for electrification and emission reduction. The funding has been included in the long-awaited Inflation Reduction Act that was adopted in the U.S. Senate on August 7. The House is expected to return from recess to pa
Retrofitting existing very large crude carriers (VLCC) to run on LNG as fuel has enormous benefits over alternative options to future-proof the ships from becoming obsolete as new environmental regulations take the stage in 2023, a new study from SEA/LNG claims. The multi-sector industry coalition c
Finnish wave technology provider Wello and the government-led Export Barbados (BIDC) have signed a commercial agreement for the deployment of a 5MW wave energy project in Barbados.
As the decarbonization push gains pace, uncertainty over the future of marine fuels is hindering investments in new ships. But rather than taking a wait-and-see approach, ship owners are joining industry partners to get a better insight into the current fuel market situation and outlook in order to
Equinor has filed an ES related to the development of its Rosebank oil field located West of Shetland to the UK authorities
Carnival Corporation, the world’s largest cruise company, is launching comprehensive technology upgrades across its global fleet to further improve energy savings and reduce fuel consumption. The upgrades called Service Power Packages include ongoing installations through 2023 on ships from the comp
UK’s NSTA says the decommissioning cost estimate on the UKCS has dropped 25 per cent to £44.5 billion (about $54.2 billion).
The surging demand for methanol-powered ships over the past 12 months has been triggered by the shipping industry’s accelerating decarbonization push, which has resulted in ordering of 40 methanol-powered ships.
A total of 147 ports around the globe can bunker LNG to vessels at the moment and this figure is likely to reach 200 by 2024 as demand continues to grow, estimates from Clarksons Research show. Europe is leading the way with LNG bunkering infrastructure, with the majority of its top ports offering t
DNeX, via Ping Petroleum, has renamed its recently acquired FPSO, which will be one of the UK’s first wind-powered oil and gas facilities.
Naval architecture and marine engineering company Glosten has been selected to design a new coastal research vessel with a hydrogen-hybrid propulsion system for the University of California San Diego’s Scripps Institution of Oceanography. For this project, Glosten will provide the preliminary design
