The North Sea Chapter of the International Association of Drilling Contractors (IADC) has urged politicians to maintain focus to avoid ‘economic adversity’ for the UK.
Japanese shipping major Mitsui O.S.K. Lines (MOL) and compatriot firm Kobe Steel have offset carbon dioxide (CO2) emissions from fuel used in ocean transport of iron ore from Australia to Japan.
In line with its decarbonization efforts, the Maritime and Port Authority of Singapore (MPA) is mandating for all harbor craft to become fully electric, capable of using B100 biofuels or be compatible with net zero fuels such as hydrogen by 2030. In addition to slashing emissions, switching from die
An independent review of Africa Oil’s prospective resources in a block in the Orange Basin off South Africa has been completed by RISC.
Bermuda-based bulk carrier company Himalaya Shipping has taken delivery of the second LNG dual-fuel 210,000 dwt newcastlemax newbuild from New Times Shipbuilding (NTS) in China. The vessel named Mount Ita is the second in a series of twelve newcastlemax dry bulk vessels under construction at the yar
INEOS and Wintershall Dea marked a major milestone and a world first on 8 March with the first-ever injection of CO2 in the North Sea as part of Project Greensand. Project Greensand includes capturing CO2 at an INEOS Oxide site in Zwijndrecht, Belgium, which is transported cross-border and stored in
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) and FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum, have completed the first bunkering to an LNG-fueled pure car and truck carrier (PCTC) in Singapore.
Norwegian shipping company Höegh Autoliners has announced that after many months of planning, designing, and preparing, the construction of its first Aurora-class vessel commenced. Leaders and representatives from Höegh Autoliners, DNV, Deltamarin, Clarksons, and China Merchants Heavy Industry (CMHI
Greek tanker owner Performance Shipping has signed a contract with China Shipbuilding Trading Company Limited and Shanghai Waigaoqiao Shipbuilding for the construction of a 114,000 dwt LNG-ready LR2 Aframax product/crude oil tanker worth $62.6 million. The shipowner said that the tanker is slated fo
Equinor has secured a drilling permit from the country’s authorities for two wells in the North Sea off Norway.
US liquefied natural gas (LNG) exporter Freeport LNG has received regulatory approvals to restart the final train of the three-train liquefaction facility in Texas. On 8 March, Freeport LNG announced it had received regulatory approvals from the Federal Energy Regulatory Commission (FERC) and the Pi
Shelf Drilling has secured a long-term contract for one of its jack-up rigs with an undisclosed company for operations offshore Nigeria.
A wave energy device, developed by the Spanish company Rotary Wave, has been installed in Valencia to provide clean electricity for the public lighting at the city’s seafront.
Methanol is the fastest-growing alternative fuel option being adopted by shipowners today next to LNG. The rise in popularity, especially over the past year, has been boosted by a massive vote of confidence by one of the world’s largest container shipping companies, Maersk, the example of which has
