Finland-based marine technology major Wärtsilä has achieved a “significant” reduction in greenhouse gas (GHG) emissions with its four-stroke ammonia engine solution, with numbers showing emission levels going down by up to 90%. According to the company, the Wärtsilä 25 engine has undergone ‘extensiv
Following the implementation of a multi-phase revised field development plan (FDP), a 27-year-old floating production, storage, and offloading (FPSO) vessel has enabled the restart of hydrocarbon production at an oil project off the coast of India, which was offline since July 2011.
London Stock Exchange-listed energy player EnQuest has restarted production at its field in the UK sector of the North Sea.
IMO’s new policy measures are ambitious enough to drive a transition to scalable zero-emission fuels but will ultimately only succeed if they include meaningful rewards and, over time, higher penalties for non-compliance, a new insight brief found.
Norway’s VARD has selected Brunvoll’s extensive propulsion and manoeuvring system for a new offshore subsea construction vessel (OSCV) it is building for Taiwan-based Dong Fang Offshore (DFO). The 121.3-meter-long vessel of VARD 3 39 design is said to be a highly versatile platform designed and equi
British tanker owner and operator Pritchard-Gordon Tankers (PG Tankers) has taken delivery of a new low-emission tanker flagged by the Isle of Man Ship Registry (IOMSR).
Uniper and thyssenkrupp Uhde have entered a strategic partnership to advance ammonia cracking technology to industrial maturity.
ConocoPhillips has wrapped up seabed surveys over potential drilling locations to support its gas exploration activities in the Otway Basin off the coast of Australia.
Norway-headquartered marine geoscience and technology company Shearwater GeoServices has placed an order with compatriot Argus Remote Systems for the delivery of two XL work-class remotely operated vehicles (WROVs) for deepwater operations. Under the contract, Argus Remote Systems will deliver two A
Canada-based oil and gas company Valeura Energy has completed a multi-well drilling campaign in the Gulf of Thailand using Borr Drilling’s jack-up rig. As disclosed by Valerua, the campaign was done on licence B5/27, in which the firm has a 100% operated working interest. The license covers the prod
A little over a year has passed since Chile-headquartered towage services provider SAAM Towage deployed its 100% electric tugs in Canada. Within this timeframe, the company said that it has achieved “massive” reductions in greenhouse gas (GHG) emissions. As disclosed, one year of operations in the G
Finland-based shipowner ESL Shipping has signed a €70 million loan agreement with Swedish finance provider Svenska Skeppshypotek to partially finance a series of four methanol-fueled 17,000 dwt Handysize vessels.
With the arrival of the first batch of modules, Woodfibre Management has revealed an important step forward in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada.
Energy companies from Singapore, Malaysia, and Vietnam have signed a joint development agreement to explore cross-border renewable energy links, focusing on exporting offshore wind power from Vietnam. Through this agreement, Malaysia, as represented by MY Energy Consortium, a consortium established
