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Amogy and HD KSOE EcoPhin to jointly work on ammonia-powered solutions for maritime sector
Business Developments & Projects

Amogy and HD KSOE EcoPhin to jointly work on ammonia-powered solutions for maritime sector

U.S.-based provider of ammonia-to-power solutions Amogy has formed a new partnership with propulsion system specialist HD KSOE EcoPhin to deploy their respective technologies to enhance ammonia-powered solutions across the maritime sector. For the most part, the partnership will focus on the integra

about 1 year ago
Island Innovator rig; Source: Island Drilling
Business & Finance

Island Drilling rig begins multi-well plug and abandonment work in Africa

Island Drilling Company has made a start on its plug and abandonment (P&A) campaign off the coast of Mauritania, Africa, which is being carried out with its 2012-built semi-submersible rig.

about 1 year ago
WaveRoller, a white and blue wave energy converter in the sea
Business & Finance

ONDEP project wins €19M EU funding to deploy wave energy array offshore Portugal

The Ondas de Peniche (ONDEP) project has secured €19 million in funding from the EU’s Horizon Europe funding program to deploy a 2 MW wave energy array with four WaveRoller wave energy converters offshore Portugal. The ONDEP project will start in October 2024 and run for five and a half years, cover

about 1 year ago
Denmark’s Port Esbjerg bolsters offshore wind, ammonia, and hydrogen ties with Korea’s Ulsan port
Business Developments & Projects

Denmark’s Port Esbjerg bolsters offshore wind, ammonia, and hydrogen ties with Korea’s Ulsan port

Denmark’s Port Esbjerg and Korea’s Port of Ulsan have formed a strategic partnership to drive innovation and sustainability in the maritime industry through both parties’ experience in handling hydrogen and ammonia as well as offshore wind projects. Port Esbjerg revealed the collaboration via social

about 1 year ago
Megalodon; Source: Pinnacle Engineering
Business & Finance

New oil & gas discovery pops up in Gulf of Mexico while ongoing drilling ops hint another may come soon

Talos Energy has confirmed a discovery of commercial quantities of oil and natural gas at a block in the U.S. Gulf of Mexico where the firm holds a non-operated stake.

about 1 year ago
Oldendorf Carriers
Collaboration

Oldendorff Carriers and University of Strathclyde partner to drive shipping sustainability with new research center

Seeking to advance greener shipping practices, Germany-based dry bulk carrier owner and operator Oldendorff Carriers and the University of Strathclyde have signed a Memorandum of Understanding (MoU) to create a dedicated research center in Glasgow, Scotland, to support the maritime industry’s decarb

about 1 year ago
Danish power cable player to expand production capacity at another Swedish facility
Business & Finance

Danish power cable player expanding production capacity at another Swedish facility

After Karlskrona, Sweden, Denmark-headquartered power cable manufacturer and installation firm NKT is expanding its operations in Alingsås to boost the production capacity of high-voltage accessories. NKT is currently constructing a new hall in Alingsås for testing power cable accessories up to 525

about 1 year ago
Potential turbine by Nova Innovation
Business & Finance

Industry welcomes boost to tidal stream projects following latest UK renewables auction results

Key industry players have welcomed the recent UK renewables auction results, where six tidal stream projects secured contracts, viewing it as a strong endorsement of the tidal energy sector’s growth. Five developers secured contracts to develop a total of 28 MW of tidal stream energy across the UK.

about 1 year ago
Wallenius Wilhelmsen wins first biofuel insetting verification
Certification & Classification

Wallenius Wilhelmsen wins first biofuel insetting verification

Classification society DNV has awarded Norwegian/Swedish shipping and logistics company Wallenius Wilhelmsen its first biofuel insetting verification statement – recognizing the company’s use of B100 in a recent voyage.

about 1 year ago
Titan bunkers Erik Thun’s new LNG-powered ship in Belgium
Business Developments & Projects

Titan bunkers Erik Thun’s new LNG-powered ship in Belgium

Dutch marine fuels supplier Titan has delivered LNG to the newbuild Thun Vettern, an LNG dual-fuel vessel owned by Swedish shipping company Erik Thun, in its first simultaneous operations (SIMOPS) bunkering in Ghent, Belgium. The operation saw Titan’s Flexfueler 001 deliver 180 MT of LNG to Thun Vet

about 1 year ago
Jack/St. Malo is believed to be one of Chevron’s highest producing facilities in the U.S Gulf of Mexico; Source: Chevron
Business & Finance

US energy giant pulls off oil & gas uplift at Gulf of Mexico deepwater duo

Chevron has taken steps to raise the oil and natural gas recovery bar at two facilities in the deepwater U.S. Gulf of Mexico in line with its plans to increase production in this region.

about 1 year ago
Norwegian long-range AUV performs multi-week fully autonomous mission
Business & Finance

Norwegian long-range AUV performs multi-week fully autonomous mission

Norway’s Kongsberg Discovery has completed a multi-week fully autonomous mission with its long-range autonomous underwater vehicle (AUV) HUGIN Endurance, said to have proven shore-to-shore operational capability. The mission, carried out at depths ranging from 50 to 3,400 meters and meeting the 1,20

about 1 year ago
Chevron secured Stena Drilling’s Stena Forth drillship for a decommissioning campaign in the Mediterranean Sea offshore Israel a few years ago, alongside an option for a well offshore Cyprus; Source:
Authorities & Government

Chevron takes another shot at making Aphrodite rise from the sea with revised $4 billion plan for offshore gas development

Chevron has handed over an updated plan for the development of an offshore gas field reservoir in Block 12 to the government of Cyprus, which is located in the Eastern Basin of the Mediterranean Sea.

about 1 year ago
LR and KRISO
Automation

LR and KRISO unite to advance validation and verification processes in marine automation

Led by efforts to advance the integration of autonomous technologies in the maritime sector, classification society Lloyd’s Register (LR) and the Korea Research Institute of Ships & Ocean Engineering (KRISO) have entered a joint development program, focused on verifying and validating marine autonom

about 1 year ago
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