The European Union has reached a provisional deal to raise the share of renewables in its final energy consumption to 42.5% by 2030, under the revision of the Renewable Energy Directive (RED).
Heads of Agreement (HOA) has been inked to move forward with the next phases in the development of Equatorial Guinea’s Gas Mega Hub (GMH).
Seventeen companies are collaborating with shipping company Samskip to reduce carbon dioxide emissions by using sustainable biofuel to ship their products on board Samskip’s vessels. The initiative, called “insetting,” is promoted by GoodShipping, which provides the opportunity for shippers to trans
The Norwegian Ministry of Petroleum and Energy has awarded two new exploration licenses for CO2 storage on the Norwegian continental shelf in the North Sea to four companies. The two exploration licenses are located in the southern part of the North Sea. The eastern license is offered to Aker BP and
French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Hyundai Samho Heavy Industries for the tank design of three new LNG carriers (LNGCs) on behalf of an Asian ship-owner. GTT will design the tanks of the three vessels, which will each offer a total
Golden Energy Offshore Services (GEOS) has secured a contract extension for one of its platform supply vessels (PSVs) with Repsol.
Finnish cleantech company Norsepower Oy has signed a contract with global shipping company IINO Lines for the delivery and installation of two Norsepower Rotor Sails™ on a newbuild Very Large Gas Carrier (VLGC). The LPG dual-fuel vessel was delivered today from Daewoo Shipbuilding & Marine Engineeri
Cochin Shipyard Limited (CSL), the largest shipbuilding and maintenance facility in India, has started the construction of the country’s first indigenous hydrogen fuel cell vessel.
FlagshipONE, the largest green electrofuel (e-fuel) facility in Europe with a final investment decision (FID) in place, will soon enter the construction phase. Swedish Liquid Wind, the original developer of the project, has revealed that the groundbreaking for the project will start on 24 May 2023 i
Jersey Oil & Gas plc is in the process of finalising a farm-out process with an undisclosed operator for an asset in the North Sea.
China Merchants Energy Shipping (CMES) has signed a deal with China Merchants Industry for the construction of two methanol-powered dual-fuel Roll-on/roll-off (RORO) ships. The company said that the contract for the two firm 9,300 CEU RoRo vessels includes options for additional four ships of the sa
Japanese companies Mitsubishi Heavy Industries (MHI) and Osaka Gas have entered into an agreement to conduct a feasibility study on a project to develop a CO2 value chain for carbon capture, utilization, and storage (CCUS).
Odfjell Drilling has inked two letters of intent with an undisclosed client for one of its rigs to carry out drilling activities in the North Sea.
The Netherlands Enterprise Agency (RVO) has issued a tender for offshore geotechnical investigations at the Nederwiek Wind Farm Zone. The contracts to be awarded under the tender, which is divided into two lots, are valued at €45.5 million in total. Through the first lot, RVO will award a contract w
