Stena Drilling has entered into a strategic framework agreement for decarbonisation exploration with dCarbonX for the development of “geoenergy” resources.
Shell, C3 AI, Baker Hughes, and Microsoft have launched the Open AI Energy Initiative (OAI), a first-of-its-kind open ecosystem of artificial intelligence (AI)-based solutions for the energy and process industries. Specifically, the OAI provides a framework for energy operators, service providers, e
Antwerp-based tanker shipping company Euronav NV has entered into a deal to acquire two eco-Suezmax newbuildings through a resale. Currently completing construction at the Daehan Shipyard in South Korea, the tankers are being acquired for an en-bloc price of $ 113 million. Both vessels are due for d
A number of shipping, maritime & technology professionals from several innovation-focused companies have agreed to join the Eco Marine Power Research Institute Advisory Group, Japan-based technology company Eco Marine Power (EMP) said.
The biggest challenge for the shipping industry will be addressing climate change, the IMO Secretary-General Kitack Lim said in his address earlier today kicking off SMM Digital in Hamburg. Over the next four days, the industry’s most renowned maritime fair is going digital featuring 60 hours of pro
U.S. oil major ExxonMobil has created a new business named ExxonMobil Low Carbon Solutions to commercialise its extensive low-carbon technology portfolio.
Coastal Contracts and its partner JUB Pacific are entering the liftboat business with plans to pursue expansion in the oil and gas as well as venturing into the offshore wind market.
Energy consultancy AGR said that its Well Management business unit has entered into a strategic framework agreement for decarbonisation exploration with UK-based dCarbonX. The Scope covers supporting dCarbonX in the development of GeoEnergy resources. This includes carbon capture, use and storage (C
French shipbuilder Chantiers De’l Atlantique has delivered MSC Virtuosa, MSC Cruises’ newest Meraviglia-Plus II cruise ship. As a sister ship to MSC Grandiosa, the newbuild features a length of 331 meters, a width of 43 meters and a maximum capacity of 6,300 passengers. The two Meraviglia-Plus units
Energy storage company Corvus Energy is set to start the development and production of sustainable, large scale maritime-certified hydrogen fuel cell systems.
BP and Equinor have closed the transaction for BP’s acquisition of a 50 per cent interest in the Empire Wind and Beacon Wind projects off the U.S. east coast. The closing of the transaction marks BP’s official entry into offshore wind. “We see significant opportunities by rapidly growing bp’s offsho
After many negative comments targeted President Biden’s plan to halt oil and gas leasing, the nominee for the position of energy secretary Jennifer Granholm defended the administration’s push for a clean energy transition.
Eco Livorno, the third of twelve hybrid vessels of the Grimaldi Green 5th Generation (GG5G) class, has been delivered to the Grimaldi Group by the Chinese Jinling shipyard located in Nanjing. The Eco Livorno, which flies the Italian flag, has a length of 238 meters, a beam of 34 meters, a gross tonn
A division of Occidental Petroleum, Oxy Low Carbon Ventures (OLCV), has delivered the world’s first shipment of carbon-neutral oil to India.
