Japanese shipping company Mitsui O.S.K. Lines (MOL) has installed a hard sail system on board a bulk carrier developed under the Wind Challenger project at compatriot Oshima Shipbuilding. The project, which aims to harness wind as a propulsive force for merchant ships, is now ready to proceed to the
Swedish company CorPower Ocean has unveiled its first commercial-scale composite hull, which is an integral part of its next generation C4 wave energy devices.
In preparation for production start-up, Neptune Energy ha completed drilling four development wells on the Fenja field in the Norwegian Sea.
Germany’s energy company Uniper received the funding notification of €2.375 million ($2.433 mln) for its planned hydrogen pilot project at the Krummhoern natural gas storage site.
Menter Môn, the manager of the Morlais tidal energy project, has hired a Swansea-based company Juno Energy to assist it with the development of environmental support services for the scheme located off North Wales.
Heerema has secured a decommissioning contract by Australia’s energy major Woodside Energy that includes the integrated engineering, preparation, removal, and transport of the Nganhurra riser turret mooring (RTM). The scope includes removing the RTM from the Enfield field, located approximately 52 k
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for two liquefied natural gas (LNG) carriers from undisclosed European shipowners. The value of the new contract is estimated at KRW 649.5 billion (around $495 million). According to local media, DSME will
Valaris has revealed that one of its drillships has started working on its new assignment offshore Brazil with Petrobras.
Enersense and Rauma Marine Constructions (RMC) have signed a new deal on outfitting work for two new LNG-fuelled car and passenger ferries at Rauma shipyard.
Norwegian AKOFS Offshore has signed a firm contract for Aker Wayfarer that will continue to perform services as a subsea equipment support vessel (SESV) for Petrobras in Brazil. The duration of the contract is almost four years and the services will commence in the first half of 2023. AKOFS Offshore
London-based maritime industry information provider Baltic Exchange is developing a project that aims to provide a standardised emissions reference point and find a simpler way to understand round voyage emissions against the transport work done. Starting on 1 January 2023, two new energy efficiency
Rystad has revealed that Guyana’s offshore oil & gas industry is poised to enter the big league with revenues set to break $1 bln in 2022.
Pemex has taken over the ownership and operation of the FPSO operating on the second largest offshore oil complex in Mexico from BW Offshore.
With the next United Nations Climate Change Conference approaching in a few months, governments and energy companies around the globe are working on strategies on how to shift from fossil fuels to renewable energy.
