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Dyna-Mac's yard in Singapore; Source: Dyna-Mac
Business & Finance

Dyna-Mac pursuing ‘win-win’ opportunities in FPSO module fabrication and carbon capture and storage

Dyna-Mac is teaming up with two firms to pursue CCS projects and enable more flexibility in addressing spikes in FPSO module fabrication demand.

about 3 years ago
Norden bulker
Business & Finance

Teck teams up with Norden to cut its carbon footprint

Danish shipping company Norden has inked a deal with Teck Resources Limited, one of Canada’s largest mining companies, to reduce CO² emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or up to 6,700 to

about 3 years ago
NYK, RightShip, Solverminds cooperate on data platform to enhance efficiency
Business Developments & Projects

NYK, RightShip, Solverminds cooperate on data platform to enhance efficiency

RightShip, NYK, and Solverminds have joined forces to collaborate on a product that links NiBiKi, the NYK Group’s common platform for ship-management operations, with RightShip’s data platform, to transform the workloads of shipowners and managers.

about 3 years ago
Fugro orders USV video streaming technology from Australian company
Business & Finance

Fugro orders video streaming technology from Australian company

Fugro Middle East has placed an order with an Australia-headquartered company for video streaming technology for its uncrewed surface vessel (USV) operations. Perth-based Harvest Technology Group reported that it had secured its first order from Fugro Middle East for its hybrid Nodestream and Remote

about 3 years ago
Velesto GAIT 6 hydraulic workover unit; Source: Velesto
Business & Finance

ExxonMobil hires Velesto for workover and plug & abandonment ops in Malaysia

ExxonMobil has handed out a contract for a hydraulic workover unit and services, including plug and abandonment work to Malaysia’s Velesto.

about 3 years ago
Washington State Ferries to convert largest ferries to hybrid-electric power
Project & Tenders

Washington State Ferries to convert largest ferries to hybrid-electric power

US government agency that operates automobile and passenger ferry service Washington State Ferries (WSF) has decided to convert its largest vessels to hybrid-electric power.

about 3 years ago
Elliott secures equipment supply deal for Sempra’s Port Arthur LNG
Business Developments & Projects

Elliott secures equipment supply deal for Sempra’s Port Arthur LNG

Elliott Group, a wholly-owned subsidiary of Ebara Corporation, has secured an order to supply cryogenic rotating equipment for the Port Arthur LNG Phase 1 project being developed by Sempra Infrastructure in Jefferson County, Texas. Elliott said it was awarded the contract by Bechtel Energy, a compan

about 3 years ago
Cap Diamant will operate on Etame Marin as FSO for Vaalco
Business & Finance

Euronav splashes $112 million on VLCC newbuild

Belgian tanker shipping major Euronav has entered into a deal to buy a Very Large Crude Carrier (VLCC) newbuild from an undisclosed party, paying $112.2 million for the vessel. Under the deal, the company has an option for an additional VLCC newbuild. Euronav said that it has two months to decide wh

about 3 years ago
NAGA 2 rig; Source: Velesto Energy
Business & Finance

Jadestone picks Velesto rig for infill drilling campaign off Malaysia

Jadestone Energy has awarded a contract with an estimated combined contract value of $6.1 million to Malaysia’s Velesto.

about 3 years ago
Valaris Norway jack-up rig; Source: Valaris
Business & Finance

Valaris rig heading towards its next drilling job in North Sea

Valaris has confirmed that one of its jack-up rigs is en route to its upcoming drilling assignment in the UK sector of the North Sea.

about 3 years ago
The ‘EWP-EDF One’ wave energy plant in Tel Aviv, Israel (Courtesy of Eco Wave Power)
Authorities & Government

Waves start producing clean power for Israel’s electrical grid

Eco Wave Power has connected its wave energy plant to Israel’s national electrical grid, making it the first wave energy project to deliver electricity to the country’s power supply.

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Authorities & Government

UK’s blueprint for energy security goes hand in hand with net zero as oil & gas, nuclear and renewables join forces

The UK government recently set out plans to scale up the deployment of renewables, ramp up nuclear and maximise the oil and gas production.

13 minutes read
Researchers design iridium catalyst for hydrogen generation
Business Developments & Projects

Researchers design iridium catalyst for hydrogen generation

Researchers from Korea and the U.S. have developed a novel mesoporous tantalum oxide (Ta2O5)-supported iridium (Ir) nanostructure catalyst via a modified formic acid reduction method that achieves efficient PEM water electrolysis. According to the researchers, this iridium catalyst significantly boo

about 3 years ago
MMMCZCS: Navigating the regulatory traps to drive real change
Authorities & Government

MMMCZCS: Navigating the regulatory traps to drive real change

Regulatory measures implemented by the International Maritime Organization (IMO) often set out with the noble goal of curbing carbon dioxide (CO2) emissions and promoting sustainability within the global shipping industry. Yet, the journey from regulation to actual emission reduction can be marred b

about 3 years ago
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