Scottish wave energy company Mocean Energy and Aberdeen-based controls specialist Proserv have signed a memorandum of understanding (MoU) to accelerate the shift to low-carbon solutions for underwater operations. The duo aims to replace traditional umbilical power cables with a renewable-powered al
Norway’s Ministry of Energy has listed the status of 13 projects, either under development or recently completed, out of 19 operated by the Norwegian state-owned energy giant Equinor in the country’s proposed budget for next year.
Six out of seven projects, selected for EU financial support in the Innovation Fund’s pilot hydrogen auction (IF23 Auction), have signed their respective grant agreements. One project withdrew from the process.
Industry coalition SEA-LNG has unveiled that over 2,000 of the world’s 60,000 largest vessels will be powered by liquefied natural gas (LNG) in the near future, as LNG-fueled vessels keep increasing their share of the global fleet.
China National Offshore Oil Corporation (CNOOC) has brought online an oilfield development project off the coast of China in eastern Asia on the western shore of the Pacific Ocean.
UK-based midstream LNG & BioLNG company Avenir LNG has signed a time charter party (TCP) with LNG Shipping, a subsidiary of Italian energy major Eni, for one of its LNG bunker vessels. Under the multi-year deal, Eni will charter the 7,500 cubic meter (cbm) LNG bunker vessel Avenir Aspiration, commen
Following the conclusion of the 82nd session of the IMO Marine Environment Protection Committee (MEPC 82), the progress made toward finalizing the net-zero framework, set for approval at the ‘critical’ MEPC 83 meeting in April next year, appears to be ‘on track’ as the maritime industry continues it
Swedish cleantech startup NoviOcean, formerly known as Novige, is gearing up to launch an equity crowdfunding campaign through R Europe, formerly Seedrs. This initiative will offer investors a chance to acquire equity in the company as it drives forward the commercialization of sustainable wave powe
Nordic energy company Gasum has joined forces with Finnish shipping company Wasaline to build the first large-scale commercial FuelEU Maritime pooling service, providing a way for conventional fuel vessels to save on compliance costs as the regulation enters into force in January 2025. Established t
Plug Power has signed a binding framework agreement with Allied Green Ammonia (AGA) to finalize a supply agreement for three gigawatts (GW) of electrolyzer capacity to AGA’s green hydrogen to ammonia plant in Australia.
Viking Supply Ships will upgrade its fleet of ice-classed anchor handling tug supply (AHTS) vessels with the installation of four 100-ton heave-compensated offshore cranes.
Canadian pipeline and energy company Enbridge has teamed up with Microsoft to employ artificial intelligence (AI) to maximize safety, reduce greenhouse gas (GHG) emissions, and enhance assets across its operations.
French technological containment specialist Gaztransport & Technigaz (GTT) has obtained five approvals in principle (AiPs) for advancements in its Mark III multifuel-ready membrane containment system and the new 200,000 cubic meter (cbm) LNG carrier concept. The approvals were issued by classificati
Finnish shipbuilder Meyer Turku has launched the second liquefied natural gas (LNG)-fueled Icon-class ship built for US-based cruise company Royal Caribbean International.
