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OCI inks green H2 supply deal with NFE to boost its green NH3 production
Business & Finance

OCI inks green H2 supply deal with NFE to boost its green NH3 production

Dutch producer and distributor of hydrogen-based products OCI Global and U.S. energy company New Fortress Energy (NFE) have signed an agreement for OCI to offtake green hydrogen from NFE’s ZeroParks beginning in 2025, following a competitive bidding process. OCI said that green hydrogen will be prod

about 2 years ago
GMS Shamal; Source: Ocean Oilfield
Business & Finance

Ocean Oilfield begins maintenance and upgrade work on GMS’ jack-up barge

Ocean Oilfield Integrated Solutions has started its new maintenance and upgrade assignment on a jack-up barge, which was awarded by the UAE-headquartered Gulf Marine Services (GMS).

about 2 years ago
DNV okays HD KSOE’s hydrogen system for liquefied hydrogen carrier
Certification & Classification

DNV okays HD KSOE’s hydrogen system for liquefied hydrogen carrier

Classification society DNV has awarded an Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiaries HD Hyundai Heavy Industry (HD HHI) and Hyundai Mipo Dockyard (HMD) for their new hydrogen system.

about 2 years ago
Borgland Dolphin drilling rig; Source: Dolphin Drilling
Business & Finance

Dolphin Drilling pops up as front-runner in India’s rig tender

Dolphin Drilling has emerged as the lowest bidder in Oil India Limited’s rig tender for a long-term drilling contract offshore India.

about 2 years ago
EPS partners with HD Hyundai to enhance maritime digitalisation
Business Developments & Projects

EPS partners with HD Hyundai to enhance maritime digitalisation

Singapore-based ship management company Eastern Pacific Shipping (EPS) has partnered with HD Hyundai Global Services on strategic digital cooperation leveraging digital solutions for carbon emission monitoring, optimising ship operations.

about 2 years ago
SBM Offshore's Fast4Ward FPSO design; Source: SBM Offshore
Business & Finance

On mission to decarbonise FPSO ops, SBM Offshore and MHI offer CO2 capture solution

SBM Offshore has joined forces with Japan’s Mitsubishi Heavy Industries Ltd. (MHI) to offer a CO2 capture solution for a floating production, storage, and offloading (FPSO) vessels while they produce oil and gas from offshore reservoirs.

about 2 years ago
World's first methanol-powered boxship (Courtesy of A.P. Moller-Maersk)
Business & Finance

Maersk CEO: 19 out of 25 green methanol-fuelled containerships already in production

Maersk, a pioneering force in the shipping industry, is well on its way to completing its ambitious newbuilding program comprising 25 ships powered by green methanol. Speaking at today’s historic naming ceremony for its first methanol-powered ship, Vincent Clerc, CEO of A.P. Moller Maersk, revealed

about 2 years ago
PtX production of green fuels is possible on Bornholm, EU-funded study says
Authorities & Government

PtX production of green fuels is possible on Bornholm, EU-funded study says

An EU-supported feasibility study, led by Port of Roenne and a number of local and national actors, including the Regional Municipality of Bornholm, Ramboll, Topsøe, Ørsted, BEOF and DTU, has revealed that there is a basis for producing green fuels on Bornholm, Denmark. The results came after a year

about 2 years ago
Deepwater Aquila (ex-West Aquila) drillship; Source: DSME
Business & Finance

Transocean’s newbuild drillship going to Brazil for its inaugural job

Transocean has secured a new long-term contract for a newbuild ultra-deepwater drillship, which will enable the rig to work with a national oil company offshore Brazil.

about 2 years ago
Aquanaut subsea robot gets to work for Shell
Business & Finance

Aquanaut subsea robot gets to work for Shell

Nauticus Robotics, a U.S.-based developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, has entered into a service contract with energy giant Shell for the use of its subsea robot. The initial scope of work covers inspection services on Shell’s subse

about 2 years ago
Illustration/French developer Sabella deploying its tidal energy turbine (Courtesy of Ocean Energy Europe)
Authorities & Government

European Parliament nods ‘yes’ to increase the use of renewable energy

The European Parliament has voted to boost the deployment of renewable energy, setting the goal to increase the share of renewables in the EU’s final energy consumption to 42.5% by 2030.

about 2 years ago
P-75 operates in the Búzios field, in the pre-salt of the Santos Basin; Source: Petrobras
Business & Finance

Petrobras sets its cap on pursuing further decarbonisation pieces in energy transition puzzle

Brazilian state-owned oil and gas giant Petrobras has notched new emissions reduction milestones, thanks to two of its giant fields in the pre-salt of the Santos Basin recording emissions below the world average last year.

about 2 years ago
Finnsirius
Business & Finance

Finnlines names 1st of two Superstar vessels

The new ro-pax vessel Finnsirius, part of Finnlines EUR 500-million Green Investment Programme, was named at a festive ceremony in Naantali on 13 September 2023. Following the tradition at maritime namings, ship’s godmother Tiina Ahola, representing the Ahola Group, broke a bottle of champagne again

about 2 years ago
First UK-German energy link on track with construction ramping up
Business & Finance

First UK-Germany energy link stays on track with construction ramping up

Prysmian has begun horizontal directional drilling (HDD) works that will allow the subsea cables for the first-ever energy link between the UK and Germany to be brought on land. Led by global investors Meridiam, Allianz Capital Partners, Kansai Electric Power and TEPCO, NeuConnect will become one of

about 2 years ago
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