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MPA Singapore invites applications for methanol bunkering license
Business Developments & Projects

MPA Singapore invites applications for methanol bunkering license

Following the finalization of the methanol bunkering licensing framework and standards, the Maritime and Port Authority of Singapore (MPA) has opened applications for licensees to supply methanol as a marine fuel in Singapore.

about 1 year ago
MPA Singapore
News

Australia, Singapore choose 8 projects in bid to cut maritime emissions

Australia and Singapore have selected eight projects for funding as part of the countries’ $20 million initiative to help reduce emissions in the maritime sector.

about 1 year ago
TechnipFMC illustration
Business & Finance

Contract worth over $1 billion comes to TechnipFMC for Shell’s recently sanctioned deepwater project in Brazil

Shortly after reporting an integrated engineering, procurement, construction, and installation (iEPCI) contract with Equinor in Norway, TechnipFMC has secured another one, this time with Shell in Brazil, worth over $1 billion. The iEPCI contract has been awarded for Shell’s Gato do Mato greenfield d

about 1 year ago
founder and CEO of WaveX, Simon Renwick
Business Developments & Projects

WaveX taps Arup to collaborate on wave energy projects

London-headquartered firm Arup has joined forces with Australian wave energy firm WaveX to accelerate the development of the D-Spar wave-powered generator technology. The collaboration follows the signing of two memorandums of understanding (MoUs) to advance wave energy projects and optimize the D-S

about 1 year ago
Gannet platform in North Sea; Source: Shell
Business & Finance

Shell presents gas & LNG as safe bets but keeps low carbon and renewable tools in play

Shell showcased its investment plans for the future, spotlighting its commitment to oil and gas to unlock longevity, further growth, and attractive returns.

15 minutes read
Wärtsilä dual-fuel engines selected for Ibaizabal’s new LNG bunkering vessel
Business Developments & Projects

Wärtsilä dual-fuel engines selected for Ibaizabal’s new LNG bunkering vessel

Finnish technology group Wärtsilä has received an order to supply dual-fuel engines with methane emissions reduction technology for a new 18,600 cubic meter (cbm) LNG bunkering vessel being built for Spanish operator Ibaizabal.

about 1 year ago
Two large vessels side by side at sea, surrounded by three smaller tugboats
Business Developments & Projects

German player inks long-term US deal to diversify LNG supply portfolio

Germany’s Securing Energy for Europe (SEFE) has signed a heads of agreement (HoA) with U.S.-based LNG export infrastructure development company Delfin Midstream for the supply of liquefied natural gas (LNG) from the latter’s proposed project off the coast of Cameron, Louisiana, on the U.S. Gulf Coas

about 1 year ago
Illustration; Source: MODEC
Business & Finance

MODEC gets its hands on 20-year FPSO job with Shell for Brazilian oil & gas development

Shell has handed out a multi-year operations and maintenance contract to Japan’s MODEC for a floating production, storage, and offloading (FPSO) vessel destined to work on this project in Brazilian waters.

about 1 year ago
Illustration; Source: Nexans
Business & Finance

Nexans secures €1 billion framework agreement for HVDC cables in France

Nexans has secured a major framework agreement, valued above EUR 1 billion, with Réseau de Transport d’Electricité (RTE) for the design, manufacturing, and supply of high-voltage direct current (HVDC) cables for offshore wind farms in France. The framework agreement covers the supply, installation,

about 1 year ago
Transocean Barents rig; Source: OMV Petrom and Romgaz
Business & Finance

Transocean rig spuds first of ten gas wells in Black Sea drilling campaign

OMV Petrom and Romgaz have started drilling the first gas production well in their multi-well program in the Romanian sector of the Black Sea with a semi-submersible rig, owned by Transocean, a Switzerland-based offshore drilling giant.

about 1 year ago
Rux Energy and Bureau Veritas join forces to certify hydrogen storage solutions
Business Developments & Projects

Rux Energy and Bureau Veritas join forces to certify hydrogen storage solutions

Rux Energy and Bureau Veritas Marine & Offshore (BV) have entered a joint development project (JDP) to certify hydrogen storage solutions.

about 1 year ago
Rotterdam
Business Developments & Projects

Ports of Rotterdam and Singapore working zealously on green and digital shipping corridor

The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam have signed a cooperation agreement to further strengthen their efforts on the Rotterdam-Singapore Green and Digital Shipping Corridor.

about 1 year ago
FPSO Baobab Ivoirien; Source: Drydocks World
Business & Finance

MODEC puts Drydocks World in charge of FPSO revamp

Drydocks World has been tasked with refurbishment and life extension works to enable a new lease on life for a floating production, storage, and offloading (FPSO) vessel, which is expected to stay at its post in West Africa for 15 more years once the enhancement activities are out of the way.

about 1 year ago
UK
Authorities & Government

Future-ready: UK steadies compass toward carbon-free shipping by 2050

Future fuels and harbor charge points have found themselves at the heart of the UK’s new major plan to decarbonize its fleet by 2050 while simultaneously supporting coastal economies. In a March 25, 2025 statement, British Maritime Minister Mike Kane unveiled the government’s new ambition pertaining

about 1 year ago
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