Australian Provaris Energy has signed a Memorandum of Understanding (MoU) with Norwegian Hydrogen AS, a developer of hydrogen production hubs and value chains, to collaborate on the development of green hydrogen value chain projects in the Nordics, Europe. The scope of the MoU will focus on the deve
CNOOC plans to ramp up oil and gas production in 2023 while advancing its transition to low-carbon and renewable energy.
Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding, part of China State Shipbuilding Corporation (CSSC), has held a naming ceremony for a new liquefied natural gas (LNG)-powered bulk carrier built for U-Ming Marine.
South Korean shipbuilders secured the largest market share for high-value-added, eco-friendly vessel orders in 2022, bagging 58 percent of the total ordering tally for the year. This equals 149 vessels or 12.0 million compensated gross tonnage (CGT) out of 270 vessels (20.8 million CGT) ordered in 2
UK-headquartered Afentra plc has received approval from the Angolan Ministry of Mineral Resources, Oil and Gas for the acquisition of INA-Industrija Nafte’s interest in two blocks offshore Angola. Afentra is acquiring from INA-Industrija a 4 per cent interest in Block 3/05 and a 4 per cent interest
Swiss energy storage solutions company Leclanché has been selected as the battery technology provider for two hybrid ferries being built for Stena Line and Brittany Ferries. Leclanché will provide two battery systems with a total capacity of 22.6 MWh, or 11.3 MWh each, for the RoPax ferries that are
UK-headquartered energy giant Shell has advanced its digitalisation journey through a global agreement with Kabal.
US-based shipowner Eagle Bulk Shipping announced that one of its bulkers has completed a voyage using biofuel. M/V Stamford Eagle, an Ultramax bulk carrier built in 2016, carried out the voyage in cooperation with the global mining and metallurgy group Eramet and its subsidiary Eramet Norway. The sh
European multinational aerospace corporation Airbus has tested renewable marine fuel on one of its vessels as part of the ambition to reduce its carbon emissions.
The National Subsea Centre (NSC), a center of excellence for subsea research and technology development established to provide advanced research to accelerate the transition to net zero, has officially opened in Aberdeen. NSC was officially opened in Dyce, by Michael Matheson, Scottish Government Ca
Aker BP has entered into drilling and wells alliance agreements with Noble, Odfjell and Halliburton for drilling activities on the NCS.
Certain shareholders have voiced concerns over Capricorn’s proposed merger with Israel’s NewMed, seeing it as “profoundly unfavourable.”
Smart network solutions company Marlink is equipping Solstad Offshore’s vessels with Starlink connectivity, integrated with the Sealink VSAT, L-band backup and 4G services. According to Marlink, Solstad is the first offshore vessel operator on the Marlink network to trial Starlink testing the networ
Gunvor Group, an independent trader of liquefied natural gas (LNG), has renewed its syndicated borrowing base facility to support the working capital needs of the company’s growing LNG activities globally. According to Gunvor, the syndication, signed at $1.135 billion in 2021, launched at $1.2 billi
