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MOL
Business Developments & Projects

MOL joins international e-methane coalition

Japanese shipping major Mitsui O.S.K. Lines (MOL) has joined the e-NG Coalition, an international alliance seeking to promote the role of electric natural gas (e-NG or e-methane) in the energy transition.

about 1 year ago
Orkney Islands-based firm gets seven-figure boost for new subsea services department
Business & Finance

Orkney Islands-based firm gets seven-figure boost for new subsea services department

Green Marine UK, founded in 2012 in the Scottish Orkney Islands, has made a seven-figure capital investment in a new subsea services department targeting the offshore wind sector in the UK. The expansion, supported by £218,750 financial backing from Highlands and Islands Enterprise (HIE), includes t

about 1 year ago
GSI
Vessels

GSI strengthens South Korean major’s LNG-powered fleet with latest PCTC delivery

Guangzhou Shipyard International (GSI) and China Shipbuilding Trading, subsidiaries of China State Shipbuilding Corporation (CSSC), have christened and delivered the first of two 8,600 CEU liquefied natural gas (LNG)-powered dual-fuel car carriers built for South Korea’s H-Line Shipping. As informed

about 1 year ago
An offshore platform at sunset
Business Developments & Projects

Five wells down, more to go for Borr Drilling’s jack-up off Thailand

Canada-based oil and gas company Valeura Energy has completed an infill drilling campaign at an oil field in the Gulf of Thailand using Borr Drilling’s jack-up rig.

about 1 year ago
FPSO Western Isles; Source: NEO Energy
Authorities & Government

UK partners on the lookout for fiscal and regulatory clarity before speeding up North Sea oil project

NEO Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are still waiting for the fiscal and regulatory uncertainty surrounding the UK’s oil and gas scene to clear up, once the government wraps up its environmental guidance revamp for oil and gas projects, to move full steam ahead wit

about 1 year ago
Illustration; Source: Vaalco Energy
Business & Finance

US firm taking the operator helm at African offshore block with ‘significant’ oil & gas prospectivity

Vaalco Energy has dished out millions to get its hands on the majority stake in an offshore block, believed to contain not just oil but also gas prospects off the coast of Côte D’Ivoire, Africa.

about 1 year ago
A photo of the Geoquip Elena vessel deck
Infrastructure

Installation of final inter-array cables about to start at Îles d’Yeu and Noirmoutier project site

Louis Dreyfus TravOcean and Prysmian will soon resume the inter-array cable installation at the Îles d’Yeu and Noirmoutier offshore wind farm site in France. According to a recent social media post from Louis Dreyfus TravOcean, 5 strings and 37 cables are left to be installed and connected at the si

about 1 year ago
Port of Long Beach
Equipment

Port of Long Beach unveils $57.4M grant to slash emissions

The Port of Long Beach is set to unpack two new incentive programs worth $57.4 million to speed up emissions reductions by supporting the purchase of zero-emissions cargo-handling equipment and ‘cleaner’ harbor craft. As disclosed on February 28 this year, the funding for the program is part of Syst

about 1 year ago
A map
Business Developments & Projects

Melbana looking for partner to drill exploration well in Timor Sea

Australian ASX-listed oil and gas company Melbana Energy Limited is looking for a farm-out partner after disclosing maiden prospective and contingent resource estimates for a license in the Timor Sea offshore northwestern Australia.

about 1 year ago
Maersk names new dual-fuel methanol containership in India
Business Developments & Projects

Maersk names new dual-fuel methanol containership in India

Danish shipping and logistics giant Maersk has revealed the name of its latest methanol dual-fuel container vessel.

about 1 year ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Authorities & Government

Transocean rig on the move as potentially ‘transformational’ offshore drilling campaign inches closer

ConocoPhillips has received a green light for its environment plan (EP), which sets a timeline for the start-up of its upcoming Otway exploration drilling program (OEDP) in 2025. The exploration campaign will be conducted with a semi-submersible rig owned by Transocean.

about 1 year ago
Siemens Energy grid
Business & Finance

Siemens Energy selects Pfisterer cable systems for German offshore grid connection projects

Siemens Energy has selected the German company Pfisterer for the supply of turnkey cable systems for the BorWin4 and DolWin4 offshore grid connections in the North Sea. Pfisterer is in charge of implementing the entire 66 kV AC cable infrastructure between the gas-insulated switchgear (GIS) transfor

about 1 year ago
LNG Canada
Business & Finance

Shell-led JV preps for ‘critical’ step to enable start-up of Canada’s first LNG export project

LNG Canada, a joint venture company encapsulating Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, is setting the stage to begin operations at its giant liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia.

about 1 year ago
EU
Authorities & Government

Flag-hopping undercuts EU ship recycling guidelines, European Commission found

The EU Ship Recycling Regulation (SRR), in place since 2018, has largely met its objectives, but its further progress hinges on responsible practices of shipowners, a ‘considerable’ number of whom have “actively undermined” the guideline’s success, a new evaluation by the European Commission argues.

about 1 year ago
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