Montenegro’s Minister of Finance, Aleksandar Damjanović, and representatives of the United States (US) Department of State have discussed the economic relations between the two countries with an emphasis on cooperation in the field of energy, agreeing to take action in regard to the Bar LNG terminal
French LNG expert Elengy, a part of ENGIE Group, has teamed up with compatriot solutions operator Delta Rail to launch a new LNG container loading service from multimodal platforms remote from the LNG terminals operated by Elengy. Namely, Elengy operates Montoir-de-Bretagne on the Atlantic coast, Fo
Flotation Energy and Vårgrønn have submitted a Marine Licence application for the Green Volt floating offshore wind farm. This consent application could allow the project to start generating power in the mid-2020s, making it the most advanced oil and gas decarbonisation project in the UK, the develo
Greece’s Hellenic Cables has signed a contract with Croatian contractor Končar Group for the supply of high-voltage submarine cables, accessories and related services for a project to replace outdated cable lines in the Adriatic Sea. For the project by the Croatian transmission system operator HOPS,
Brazilian energy companies Comerc Eficiência and Casa dos Ventos have signed a Memorandum of Understanding (MoU), that includes ammonia, with the TransHydrogen Alliance (THA), a consortium formed by Proton Ventures, GES, Trammo DMCC, and Varo Energy, whose objective is to create new supply chains fo
Global data analytics firm Xeneta has launched a campaign to rank the environmental performance of carriers across the world’s top 13 shipping trades. The firm is using the Carbon Emissions Index (CEI), a tool developed by Xeneta and Marine Benchmark, to evaluate carriers’ emissions levels in the ma
TotalEnergies has completed the drilling and a flow test at an appraisal well in Block 58 offshore Suriname, encountering oil and adding additional resource potential towards establishing a black oil development hub.
Italian shipbuilder Fincantieri has hosted a coin ceremony for the second Explora eco-friendly cruise ship that is building for the Cruise Division of Swiss shipping giant MSC Group.
Tidal energy company Nova Innovation has decided to scale back its Enlli tidal energy project off the Llyn Peninsula, in Wales.
Maritime and Port Authority of Singapore (MPA) has decided to discontinue the 50% harbour craft port dues concession which was launched in 2021 for floating storage units (FSUs) / floating storage regasification units (FSRUs) supporting LNG bunkering and breakbulk activities in port. The discontinua
Norway’s Reach Subsea has secured a contract and vessel capacity to deliver a decommissioning scope in the North Sea for an undisclosed client. The contract represents about 40 project days for execution in the first quarter of the year and will see the utilization of the vessel Olympic Delta. Reach
Marine insurance provider Skuld has signed the Poseidon Principles for Marine Insurance, a global framework for assessing and disclosing the climate alignment of insurers’ hull and machinery portfolios. The framework is aimed at enabling the insurance sector to implement transparency and establish a
The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced a Notice of Funding Opportunity (NOFO) making available more than $662 million funding in 2023 for Port Infrastructure Development Program (PIDP).
Norwegian oil and gas player Vår Energi has made a new oil discovery in the Barents Sea off Norway, using a Transocean-owned rig.
