AW Shipping, ADNOC Logistics and Services (ADNOC L&S) joint venture with Wanhua Chemical Group, has signed contracts with China’s Jiangnan Shipyard for two very large ammonia carriers (VLACs).
The conclusions of the initial studies on the e-methanol project Green Coast will be communicated in 2025, according to Lhyfe and Elyse Energy. The project is currently under development and is subject to the granting of operating licences, building permits and financial investment decisions.
Offshore Frontier Solutions, a MODEC Group company, has joined forces with Toyo Engineering India Private to establish a global capability center in Bengaluru, India, which will be a joint venture company, called TOYO MODEC OFS India (OFS India).
Singapore’s Energy Market Authority (EMA) and Korea Gas Corporation (KOGAS) have penned a memorandum of understanding (MoU) to expand their cooperation in the liquefied natural gas (LNG) arena.
CGEN Engineering, a new spinout company from the University of Edinburgh, has launched a modular generator system, designed to cut offshore renewables’ levelized energy cost (LCOE) by 10% to 15%. According to the University of Edinburgh, the lightweight, stackable system, suited for wave, tidal, an
Germany’s propulsion system manufacturer Schottel has been selected to provide EcoPellers for a series of four zero-emission and autonomous ferries to be built by Turkish Tersan shipyard for Norwegian ferry operator Fjord1.
U.S. energy giant ExxonMobil has secured access to over 271,000 acres of offshore CO2 storage in Texas state waters, said to be the largest of its kind in the U.S., through a lease with the Texas General Land Office (GLO). This is said to add significant storage potential to ExxonMobil’s carbon capt
Japanese companies Sumitomo Corporation and Kawasaki Kisen Kaisha (K Line) have signed a joint study agreement with the U.S.-based oil and natural gas producer Hilcorp to explore carbon capture and storage (CCS) opportunities in Alaska. Under the agreement, the three companies will conduct a feasibi
France’s energy giant TotalEnergies has signed a charter agreement with Spanish shipowner Ibaizabal for a new liquefied natural gas (LNG) bunker vessel of 18,600 cbm capacity.
NAM, a 50/50 joint venture (JV) between the UK-based Shell and the U.S.-headquartered ExxonMobil, is expecting to close its exploration and gas production chapter in the North Sea after more than 60 years next year. However, the inability to settle the dispute regarding the end of gas extraction act
Shelf Drilling has secured more assignments for two rigs in its jack-up fleet, which will carry out drilling activities off the coast of Nigeria.
The United States Maritime Administration’s (MARAD) Office of Environment and Innovation has selected ABS to establish and maintain the U.S. Center for Maritime Innovation under a five-year cooperative agreement.
The world’s largest shipping association BIMCO has unveiled that its Documentary Committee has approved the AUTOSHIPMAN agreement, a contractual framework designed to support the rising number of remotely controlled vessels as the maritime industry inches closer to its climate neutrality goals. As d
Angola is determined to continue its hydrocarbon exploration and bring new oil and gas projects online while curbing its greenhouse gas (GHG) emissions footprint and enriching its energy arsenal with renewable energy sources to pave the way for a just energy transition.
