Japanese shipping major Mitsui O.S.K. Lines (MOL) has joined forces with compatriot tech company Air Water to jointly study the trial use of liquefied bio-methane (LBM) derived from cattle manure onboard liquefied natural gas (LNG)-fueled vessels.
UAE-headquartered P&O Maritime Logistics has unveiled plans to convert one of its multi-carrying vessels (MCVs) into a cable-laying vessel (CLV) that would be used to connect offshore wind farms with the mainland. The CLV will feature an ultra-shallow draft, engineering grounding capability, and a 4
Valaris has revealed a robust performance during 4Q 2022 while kicking off 2023 with new contracts and extensions for its rig fleet.
Half of the maritime incidents recorded in 2022 occurred in ports and terminals, data from ship vetting agency RightShip shows. According to the data, there were 2,400 incidents in 2022 where the location was recorded. RightShip said that half of the incidents occurred for vessels in the ports and t
Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.
Japan’s IHI Corporation and India’s renewable energy company ACME have signed a Memorandum of Understanding (MoU) to study and investigate the feasibility of producing and utilising green ammonia derived from renewable energy. Under the MoU, IHI will consider participation in green ammonia productio
DOF Subsea has received a contract extension from an undisclosed client for its subsea construction and equipment installation vessel Skandi Africa.
Seadrill has confirmed that one of its drillships kicked off its assignment at a field offshore Brazil with the country’s oil and gas giant, Petrobras.
A survey campaign exploring potential natural gas deposits has been completed over two areas in Greece’s exclusive economic zone (EEZ) in which ExxonMobil and Helleniq Energy hold licenses. Norway’s PGS carried out the 2D seismic surveys at the offshore areas deemed as West and Southwest of Crete. T
Partners in the Leviathan gas field offshore Israel have approved budgets for 2023 which include nearly $100 million for the expansion of the existing infrastructure and preparation of the future floating LNG terminal. Said to be the largest energy project in Israel’s history, the deep-sea field sta
Spanish energy company Enagás has announced that all its objectives set for 2022 have been achieved and the degree of execution of its 2022-2030 strategic plan is higher than expected. Enagás’ net profit on 31 December 2022 amounted to €375.8 million, exceeding the target for the year. The significa
South Korean shipbuilders are resuming their winning streak from last year as they reap fruit from the growing demand for high-end ships featuring dual-fuel propulsion and advanced technology. The country’s key ship manufacturers have secured over $7 billion in new orders since the beginning of this
Norway’s oil & gas output in January 2023 is lower than in December 2022, but the gas production is still higher than last year and NPD’s predictions.
The Dutch Marine Energy Centre (DMEC) and the EU-SCORES project partners have recently held a two-day stakeholder engagement event on energy multi-use parks at the Marine Energy Hub in the Hague, spotlighting the benefits of combining different offshore renewable energy sources at one site.
