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Construction starts on AAL Shipping’s methanol-ready mega-size vessel
Vessels

Construction starts on AAL Shipping’s methanol-ready mega-size vessel

Construction has begun on AAL Shipping’s (AAL) first Super B-Class dual-fuel -ready heavy lift multipurpose vessel (MPV).

about 3 years ago
Deep Value Driller drillship; Source: Deep Value Driller
Business & Finance

Saipem bags $400 million for new drilling deal

Saipem has been awarded a new contract in Ivory Coast worth $400 million for a recently chartered seventh-generation drillship.

about 3 years ago
An image showing Gulf of Mexico wind lease areas offshore Texas and Louisiana on a map
Business & Finance

Shell, TotalEnergies eye new projects in Gulf of Mexico and it’s not oil & gas

Oil and gas majors Shell and TotalEnergies have prequalified for an offshore wind lease sale in the Gulf of Mexico.

about 3 years ago
FPSO Cidade de Vitória; Source: Saipem
Authorities & Government

Acquisition of two Brazilian offshore clusters facing delay after being put on hold

BW Energy is anticipating a delay in the closing of the acquisition of two assets in the Espírito Santo Basin offshore Brazil.

about 3 years ago
Neptune Energy commits to Extractive Industries Transparency Initiative
Business & Finance

Neptune Energy commits to initiative bolstering tax revenue accountability of natural resources

Oil and gas company Neptune Energy has committed to the Extractive Industries Transparency Initiative (EITI) which aims to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources. Neptune Energy said that becoming a formal supporting company builds on

about 3 years ago
Avenir LNG and SSES bunker ZIM’s first LNG-fueled boxship
Business Developments & Projects

Avenir LNG and SSES bunker ZIM’s first LNG-fueled boxship

UK-based small-scale LNG company Avenir LNG and Shanghai SIPG Energy Service (SSES), a subsidiary of Shanghai International Port Group (SIPG), have delivered LNG to ZIM Integrated Shipping Services’ first LNG-fueled containership. According to Avenir, the 15,000 TEU ZIM Sammy Ofer was bunkered with

about 3 years ago
Value Maritime
Certification & Classification

ABS okays Value Maritime’s carbon capture system

Classification society ABS has granted approval in principle (AIP) to Value Maritime (VM) for its carbon capture system onboard seagoing vessels.

about 3 years ago
FlagshipONE to use Siemens Energy technology for e-fuel production
Business Developments & Projects

FlagshipONE to use Siemens Energy technology for e-fuel production

FlagshipONE plant, expected to be Europe’s largest commercial production facility for carbon-neutral marine fuels, will use a technology package from German company Siemens Energy. The package comprises four proton exchange membrane (PEM) electrolysers with a total capacity of 70 megawatts (MW), as

about 3 years ago
Illustration (Screenshot/Video by TotalEnergies)
Business Developments & Projects

TotalEnergies, Holcim Belgium probe floating solar for heavy industry decarbonization

TotalEnergies and Holcim Belgium have taken the first step towards decarbonization of Obourg cement plant in Belgium with the development of a floating solar farm that will supply clean power for the facility.

about 3 years ago
Subsea 7 sees highest order intake in last 9 years
Business & Finance

Subsea 7 sees highest order intake in last 9 years

Subsea 7 has reported an order intake of over $7 billion for the full year of 2022, representing the highest order intake since 2013, with a backlog of over $9 billion, said to have resulted in high revenue visibility for 2024 and beyond. In 2022, Subsea 7 reported revenue of $5.1 billion, which is

about 3 years ago
CorPower's C4 wave energy device ahead of deployment off Portugal (Courtesy of CorPower Ocean)
Business Developments & Projects

CorPower wraps up preparatory trials ahead of C4 wave energy device deployment

Swedish company CorPower Ocean has completed load-out and towing trials for its C4 wave energy device, ahead of upcoming deployment offshore Portugal.

about 3 years ago
Map of the acreage position in the West of Shetlands; Source: Spark New Energies
Business & Finance

UK oil & gas player buying West of Shetland assets

Viaro Energy, through its wholly-owned subsidiary RockRose Energy, has executed a share purchase agreement to acquire Spark Exploration UK.

about 3 years ago
MSC reaches another California oil spill settlement
Business Developments & Projects

MSC reaches another California oil spill settlement

Swiss-based container shipping major MSC Mediterranean Shipping Company has accepted to enter into a settlement agreement with Amplify Energy Corp. and its affiliated entities in connection with the 2021 Orange County pipeline oil spill.

about 3 years ago
MSC World Europa
Business Developments & Projects

Bloom Energy fuel cells demonstrate increase in efficiency in first major marine deployment

Bloom Energy, a US-based green energy company, has revealed that, in the first major marine deployment, its fuel cells demonstrated a significant increase in electrical efficiency. The 150kW solid oxide fuel cell platform provided auxiliary power to the luxury cruise ship called MSC World Europa whi

about 3 years ago
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