US energy infrastructure company New Fortress Energy (NFE) has finalised its agreements with Mexican state-owned electric utility Comisión Federal de Electricidad (CFE) as part of a growing strategic alliance. The final agreements, which were originally revealed on 5 July 2022, are expected to be ex
Hong Kong-listed shipping major COSCO Shipping Holdings has placed an order for the construction of twelve 24,000 TEU methanol dual-fuel containerships worth $2.87 billion. The construction contract was signed by the company’s subsidiaries Orient Overseas Container Line (OOCL) and Cosco Shipping Lin
UK’s regulator has opened an investigation to find out whether an oil & gas company has failed to comply with North Sea licence obligations.
Italian shipping company Grimaldi Group has taken delivery of the twelfth hybrid roll-on/roll-off (RoRo) ship of the Grimaldi Green 5th Generation (GG5G) class from the Chinese Jinling shipyard in Nanjing.
As the UNEP points to slow progress on achieving 1.5°C target, it is more urgent than ever to put pledges into action, and accelerate the transition with strong support from the financial sectors.
Diamond Offshore’s giant semi-submersible drilling rig Ocean GreatWhite has reached the Kishorn Port in the UK.
PXGEO has secured a towed streamer contract in the Asia Pacific region to acquire 3D seismic data for TGS. The seismic vessel PXGEO 2 is set to mobilize in December for the project. Activities are expected to last for approximately three months. PXGEO entered into an agreement with TGS last year for
The Hydrotug 1, the world’s first hydrogen-powered tugboat, has arrived in the Port of Ostend, Belgium. The tugboat was built at Armón Shipyards in Navia Spain where it hit the water on 16 May 2022. Following the completion of the finishing touches, the tug arrived in the port of Ostend on Thursday
Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.
Chevron and ExxonMobil have revealed high profits in 3Q of 2022, driven by elevated energy prices and higher oil and gas production.
Turkish shipbuilder Sanmar Shipyards has secured an order to provide Norway-headquartered marine services company Buksér og Berging with its first electric tugboat.
North America’s clean fuel supplier JAX LNG has completed its first ship-to-ship liquefied natural gas (LNG) bunkering of NYK Line’s pure car and truck carrier (PCTC) Sakura Leader. The company, a joint venture between NorthStar Midstream and Pivotal LNG, said that the refueling operation marked the
Fugro has reported a revenue of €480.2 million for the third quarter of 2022, an increase of 17.4% compared to €378 million in Q3 2021, said to be supported by high demand for offshore wind solutions. The increase in revenue was fuelled by ongoing high client demand across markets, most notably rene
German fuel gas system provider TGE Marine has secured an order for the design and supply of the cargo handling- and fuel gas system for three liquefied natural gas (LNG) bunker vessels.
