The Methanol Institute, a global trade association for the methanol industry, has published the first comprehensive guide to methanol as a marine fuel to help stakeholders across the industry access the information they need to support decision-making on which alternative fuel is right for their fle
Helix Alliance, the Louisiana-based subsidiary of Helix Energy Solutions, has secured a full-field decommissioning contract in the U.S. Gulf of Mexico shelf. As part of the project set to begin in mid-2023, Helix’s scope of work includes the plug and abandonment of 39 wells, 15 pipelines and seven s
Japanese shipping major Mitsui O.S.K. Lines has decided to invest in startups that are developing decarbonisation technologies in the energy sector.
Norwegian shipping company Avance Gas has welcomed the fourth dual-fuel very large gas carrier (VLGC) to its fleet. The company took delivery of the 91,000 cbm carrier, Avance Avior, on 30 May from South Korean shipbuilder Hanwha Ocean, which recently rebranded from Daewoo Shipbuilding & Marine Engi
Italian shipping major Grimaldi Group has placed an order for two more ammonia-ready Pure Car & Truck Carrier (PCTC) vessels, lifting the options from the previous contract signed with China State Shipbuilding Corporation Limited (CSSC) back in January. Under the contract from earlier this year, Gri
Stena Drilling has secured a new drilling contract with Shell’s subsidiary – Shell Offshore – for operations in the U.S. Gulf of Mexico.
Plug Power Inc., a provider of turnkey hydrogen solutions for the global green hydrogen economy, has revealed plans to develop three green hydrogen production plants in Finland, resulting in the production of 850 tonnes per day (TPD) of green hydrogen, or 2.2 gigawatts (GW) of electrolyser capacity,
Norwegian oilfield services provider Aker Solutions has appointed an Estonia-based company to deliver subsea templates for an oil and gas field development in the North Sea. Marketex Offshore Constructions (MOC), a subsidiary of BLRT Grupp, has signed a contract with Aker Solutions under which it is
The clean energy investment is now extending its lead over fossil fuels, boosted by energy security strengths, highlights the IEA.
Hong Kong-based container shipping company Orient Overseas Container Line Ltd. (OOCL) held a naming ceremony for the 24,188 TEU vessel OOCL Piraeus at the Dalian COSCO KHI Ship Engineering Co. (DACKS) shipyard. The mega containership is the first of six 24,188 TEU vessels ordered by OOCL and to be d
FueLNG Venosa, Singapore’s second LNG bunker vessel, has successfully completed its inaugural LNG loading operations through ship-to-ship (STS) transfer.
OX2 and Ingka Investments have entered into a conditional agreement with NKT for the delivery and installation of export power cables for two wind farm projects offshore Sweden. Under the agreement, NKT’s facility in Karlskrona, Sweden, will deliver the cables for the recently awarded Galene project
Japan’s Marubeni Corporation has signed a Memorandum of Agreement (MoA) with Canada’s Pembina Pipeline Corporation to co-develop a low-carbon ammonia supply chain from Western Canada to Japan and other Asian markets. The project includes the joint development, on a 50/50 basis, of a global-scale, lo
Global port developer and operator Hutchison Ports has set a target of 2035 for its three UK ports to achieve Net-Zero for Scope 1 and Scope 2 emissions. The three ports are the Port of Felixstowe, Harwich International, and London Thamesport. The ports group aims to reach net zero globally by 2050.
