The oil and gas industry expects to boost investment in the energy systems of the future this year as companies seek to transform for the long term, DNV GL said.
Americal classification society ABS, Nanyang Technological University (NTU), Singapore, and the Ammonia Safety and Training Institute (ASTI) have joined forces on a study of the potential of ammonia as a marine fuel for Singapore. Titled Ammonia as a Marine Fuel in Singapore – Supply Chain, Bunker S
Aberdeen-based subsea energy storage and energy generation specialist EC-OG has appointed Bob MacDonald as Chairman. MacDonald was previously chief executive officer of the Specialist Technology Solutions (STS) business for Wood. MacDonald has nearly thirty years experience covering multiple sectors
Interconnexion France-Angleterre 2 (IFA2), electricity interconnector linking the UK and France, is now able to flow low carbon electricity between the two countries at full capacity. IFA2 is 240 kilometres long subsea power cable, which stretches along the sea floor between Fareham, Hampshire in th
MSC Shipmanagement Limited of Cyprus, a wholly-owned subsidiary of Mediterranean Shipping Company, has signed a Joint Development Agreement with Quadrise to trial MSAR, an enhanced emulsified synthetic heavy fuel oil (HFO), on commercial container vessels. The trial is set to commence in 2021 with s
Oil major BP has drastically cut its fossil fuel exploration team in an attempt to keep up with the fast-moving revolution focused around renewables and climate change.
Classification and technical advisory body ABS has awarded China Merchants Industry (CMI) Approval in Principle (AIP) for its deep-sea mining system design. The AIP follows publication of the ABS Guide for Subsea Mining in October 2020 and is the first that conforms to the new Guide. Specifically, C
DNV GL has awarded an Approval in Principle (AIP) to Korea Shipbuilding and Offshore Engineering (KSOE) for a wing-sail auxiliary propulsion system for ships. The wind-powered auxiliary propulsion system is the result of a joint research project from KSOE, the shipbuilding holding company of Hyunda
Kawasaki Heavy Industries has completed Kobe LH2 Terminal (Hy touch Kobe), the world’s first liquefied hydrogen receiving terminal. The terminal was built for the CO2-free Hydrogen Energy Supply-chain Technology Research Association (HySTRA). Operation testing has started at the facility, which will
Tesla boss and billionaire Elon Musk has revealed his plans to donate $100 million as a prize for the “best carbon capture technology”.
Norwegian oil and gas company Pandion Energy has launched its strategy to achieve net-zero carbon emissions, recognizing the importance of climate change.
Siem Car Carriers, specializing in the movement of new autos, roll on roll off (RO-RO) and project cargo, has welcomed Siem Aristotle, the second of two LNG-powered ships, to its fleet. The vessel is on her maiden voyage from Emden, Germany to North America. The ship has bunkered its first fuel, tak
Norway’s Havyard has won a contract from a European company to develop a new zero-emission ship concept for cargo transport.
The Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low, according to Rystad Energy.
