Finnish technology group Wärtsilä has received approval in principle (AiP) from classification society DNV for Wärtsilä Ammonia Release Mitigation Systems (WARMS).
Baker Hughes’ international rig count report indicates that the number of offshore rigs was on an upward trajectory in May 2023.
MODEC has confirmed the start of production from a new FPSO, which is deployed at Petrobras’ giant deepwater oil field off Brazil.
Australia and the United States (US) have committed to enhance bilateral cooperation under a Climate, Critical Minerals and Clean Energy Transformation Compact, establishing climate and clean energy as a central pillar of the Australia-US Alliance. According to a joint statement from the PM of Austr
State-owned LNG giant QatarEnergy has celebrated the steel cutting of the first of its new generation of chartered LNG carriers to be built at a South Korean shipyard as part of its LNG fleet expansion project. On 3 June, QatarEnergy said it joined the shipbuilder Samsung Heavy Industries and JP Mor
Mitsubishi Shipbuilding Co., part of the Japanese major Mitsubishi Heavy Industries (MHI) Group, will conduct technical studies on an ammonia fuel supply system for large, low-speed two-stroke marine engines which are being developed by Swiss marine engine maker Winterthur Gas & Diesel AG (WinGD). T
Challenger Energy has bid for and expects to be awarded a shallow water exploration block located off Uruguay.
Oslo-headquartered seismic company PGS has secured a 3D exploration acquisition contract in the Mediterranean with an undisclosed company. Seismic vessel Ramform Hyperion is in charge of carrying out the work and is set to mobilize for the survey late in the third quarter of 2023. According to PGS,
Australia and Singapore have commenced discussions to explore areas of cooperation in green and digital shipping and to establish a Singapore-Australia Green and Digital Shipping Corridor by the end of 2025.
BW Offshore has secured a short-term contract extension for one of its FPSOs, which is working at a field located offshore the Ivory Coast.
Worldwide investments in clean energy are projected to reach $1.74 trillion in 2023, a 7.6 percent increase compared to $1.617 trillion invested in green energy in 2022, according to a recent report by the International Energy Agency (IEA). The investments in fossil fuels are also expected to rise,
Woodside has reported an incident, which resulted in a fatality at its operated gas processing facility offshore Western Australia.
ESB and Ørsted have signed an agreement to jointly develop a portfolio of up to 5 GW of offshore wind and complementary green hydrogen projects in Ireland, with the first of these offshore wind projects expected to compete in the next Irish auction, ORESS 2.1. The agreement also marks Ørsted’s entry
Louis Dreyfus Armateurs (LDA), VPLP Design (VPLP) and Alwena Shipping (Alwena) have signed a Memorandum of Understanding (MoU) to form an alliance that will work on developing a wind-assisted/propelled containership. The ship is based on the Trade Wings 2,500 concept for small-size containerships ca
