Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050), outlining its focus and priorities to reinforce its long-term vision.
Ferry service company Hong Kong & Kowloon Ferry (HKKF) has welcomed two new “zero emission” hybrid ferries, designed by Australia-based Incat Crowther and constructed by Hong Kong’s Cheoy Lee Shipyards. The newbuilds are part of a nine-vessel order, among which seven measure 40 meters and two measur
SBM Offshore has secured $1.5 billion with a consortium of 16 international financial institutions to cover the construction costs for a floating production, storage, and offloading (FPSO) vessel destined to be deployed on a deepwater oil development on the Stabroek block off the coast of Guyana, wh
Around ten years ago, the Damen Offshore Carrier (DOC) was launched. The idea was simple – maximum versatility and optimum efficiency. The DOC was employed in cable laying operations, demonstrating a flexible, reliable approach to the task. Now, Damen has applied the proven credentials of this vesse
The Netherlands is a pioneer in including nature enhancement stipulations in offshore (wind) energy tenders. The Dutch event for the international offshore energy and maritime industries, Offshore Energy Exhibition & Conference (OEEC), has also given nature enhancement a prime spot in this year’s ed
A consortium led by the United Kingdom’s energy supermajor BP has reached a final investment decision (FID) on a project featuring enhanced gas recovery (EGR) through carbon capture, utilization, and storage (CCUS) in Indonesia.
The government of Singapore has unveiled a SGD $100 million (approximately $74,1 million) support package aimed at accelerating green growth in the marine and offshore energy sectors over the next five years. The investment was unveiled by Minister of State Alvin Tan at an event held in Singapore on
Velesto has confirmed the wrap-up of wreck clearance with recycling activities expected to follow suit shortly for one of its jack-up rigs that tilted due to an incident and subsequently sank in 2021.
Philly Shipyard is facing legal hurdles as U.S. dredging services provider Great Lakes Dredge & Dock Company (GLDD) is seeking injunctive relief concerning the construction of what is said to be the first U.S. offshore wind subsea rock installation vessel (SRIV). GLDD ordered the vessel in 2021, wit
Hutchison Ports BEST container terminal in the Spanish Port of Barcelona has been awarded the Lean and Green award, earning 4 stars for its ‘outstanding’ performance in reducing emissions in logistics processes.
Norwegian shipping company Solstad Offshore has secured multiple new contracts and contract extensions that have a combined value of around $60 million and represent around 900 vessel days. The construction support vessel (CSV) Normand Valiant has been awarded a one-and-a-half-year firm contract wit
The Zero Emissions Ship Technology Association (ZESTAs) and Tanzania’s Environment and Empowerment Movement (TEEMO) have signed a memorandum of understanding (MoU) to collaborate on the development of green hydrogen shipping fuel and the associated capacity building in Tanzania.
The UN transport organizations have joined forces to reduce the impact of their respective sectors on climate change.
Shelf Drilling has confirmed the receipt of one more notice of temporary suspension of operations for another jack-up rig working off the coast of Saudi Arabia in the Middle East, as Aramco, the country’s energy giant, continues its rig suspension spree.
