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COSL Pioneer rig; Source: COSL Drilling Europe
Authorities & Government

COSL rig to spin the drill bit at North Sea wildcat this month

Vår Energi has secured a drilling permit from the country’s authorities to spud an exploration well in the North Sea, off the coast of Norway, using one of COSL Drilling Europe’s semi-submersible rigs.

about 1 year ago
Seaboard Marine adds third LNG-powered newbuild to the fleet
Business Developments & Projects

Seaboard Marine adds third LNG-powered newbuild to the fleet

American ocean carrier Seaboard Marine has launched its new LNG-powered V-Class containership, Seaboard Verde.

about 1 year ago
Aerial view of an LNG terminal
Authorities & Government

First Gen cleared to operate Batangas LNG terminal for 25 years

FGEN LNG, a wholly-owned subsidiary of Philippine utility First Gen, has received the permit to operate and maintain (POM) its interim offshore liquefied natural gas (LNG) terminal located in the First Gen Clean Energy Complex in Batangas, Philippines.

about 1 year ago
Hengtong Group's floating photovoltaics
Business Developments & Projects

China’s integrated solar power, hydrogen and energy storage project connects to grid

“China’s largest” integrated offshore photovoltaic (PV) demonstration project, combining solar power, hydrogen production and refueling, and energy storage, has been connected to the grid for power generation. Hengtong Group announced today, on January 7, 2025, that this development marks the launch

about 1 year ago
Fast4Ward design; Source: SBM Offshore
Business & Finance

SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts

With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are antici

12 minutes read
JLR signs up for UECC’s initiative to reduce emissions through bioLNG use
Business Developments & Projects

JLR signs up for UECC’s initiative to reduce emissions through bioLNG use

United European Car Carriers (UECC) has added luxury vehicle manufacturer JLR to its initiative for using low-carbon liquefied biomethane (LBM) in maritime transport, enabling the former to achieve sustainability goals in its global logistics chain.

about 1 year ago
An offshore platform with two vessels approaching
Business Developments & Projects

Interim CEO takes the helm at Trillion as previous one retires

Canada’s oil and gas player Trillion Energy has named an interim Chief Executive Officer (CEO) and added two new members to its management team following the resignation and retirement of its current CEO and Director.

about 1 year ago
Illustration. Source: BOEM
Authorities & Government

Biden’s US offshore oil & gas drilling ban throws a spanner in the works but ‘drill, baby, drill’ still on Trump’s energy agenda

President Joe Biden’s legacy has now added an offshore drilling ban, spanning over 625 million acres of the U.S. ocean, to the mix.

11 minutes read
Maersk
Ports & Logistics

Ane Maersk powers up with green methanol in Shanghai

Shanghai International Port Group’s (SIPG) bunkering ship Hai Gang Zhi Yuan has supplied 3,000 tons of green methanol to Ane Maersk, one of the world’s first boxships powered by this alternative fuel, at Yangshan Port. As disclosed, this operation—carried out in parallel with container loading and u

about 1 year ago
CSSC
Infrastructure

CSTC closed 2024 with bulker duo order

China Shipbuilding Trading (CSTC), part of China State Shipbuilding Corporation (CSSC), has closed 2024 by receiving a new order for two 82,600-ton bulk carriers.

about 1 year ago
Shanghai Waigaoqiao Shipbuilding
Business Developments & Projects

Shanghai Waigaoqiao Shipbuilding ushers in 2025 with first ship delivery

Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding, part of China State Shipbuilding Corporation (CSSC), has delivered Seascout, a 114,000 dwt tanker newbuilding, to Greek shipping company Thenamaris.

about 1 year ago
Provaris, Uniper and Norwegian Hydrogen move forward with hydrogen supply deal
Business & Finance

Provaris, Uniper and Norwegian Hydrogen move forward with hydrogen supply deal

Provaris Energy, Uniper Global Commodities and Norwegian Hydrogen have signed a conditional term sheet for the supply, transport and offtake of hydrogen from Nordics to North-Western Europe.

about 1 year ago
Frontal view of a man
Business Developments & Projects

Executive takes on third role at Vantage Drilling

Offshore drilling contractor Vantage Drilling International has assigned an additional role of Chief Operating Officer (COO) to its current Chief Commercial Officer (CCO) and Chief Technology Officer (CTO). William “Bill” L. Thomson assumed the additional role as of January 1, 2025, reporting direct

about 1 year ago
HMM’s LNG-ready containership trials shore power at South Korean port
Business Developments & Projects

HMM’s LNG-ready containership trials shore power at South Korean port

A 13,000 TEU LNG-ready containership owned by South Korean shipping company HMM, has utilized alternative maritime power (AMP) at South Korea’s Gwangyang Port.

about 1 year ago
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