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Greater Laggan Area; Source: TotalEnergies
Authorities & Government

Seven new UK offshore blocks await TotalEnergies and Kistos in West of Shetland oil & gas producing area

TotalEnergies and Kistos have been presented with seven new blocks or part blocks in an area that contains producing oil and gas assets located West of Shetlands off the coast of the UK.

about 2 years ago
Design of BP's Kaskida FPU in Gulf of Mexico; Source: Exmar Offshore
Business & Finance

BP picks US duo for topside and hull designs of its new Gulf of Mexico-bound floating production unit

BP has hired two Audubon and Exmar Offshore to handle the engineering and design of topside and hull, respectively, for a floating production unit (FPU), which will be deployed at its sixth-operated deepwater project in a prolific high-margin basin within the U.S. Gulf of Mexico.

about 2 years ago
Illustration; Source: Aize
Business & Finance

Aker BP bolsters digitalization arsenal by streamlining brownfield asset management with help of digital twins

Aker BP has expanded its collaboration with Aize, a digital twin software provider, by including a software-as-a-service (SaaS) agreement for all relevant facilities.

about 2 years ago
HGK Shipping
Business Developments & Projects

HGK Shipping unveils wind-powered diesel-electric gas tanker design

HGK Shipping, part of Germany’s integrated logistics group HGK, has developed a design for a river/sea-going gas tanker to better comply with new transport requirements in the energy transition era.

about 2 years ago
Illustration; Source: MODEC
Business & Finance

MOL grabs bigger stake in MODEC to bolster offshore energy game as decarbonization age goes on

Japan’s MOL has taken hold of a larger stake in MODEC, which will enable it to convert the firm into an equity-method affiliate in pursuit of further growth in both firms’ offshore businesses against the backdrop of energy transition plays that call for a step-up in the decarbonization arena.

about 2 years ago
Methanol Institute
Outlook & Strategy

Methanol Institute gains consultative status at IMO to drive low-carbon shipping

Trade association Methanol Institute (MI) has been granted consultative status by the International Maritime Organization (IMO) as of August 21, 2024, allowing MI to contribute its expertise to the development of shipping regulations. Afforded to non-governmental, international organizations that de

about 2 years ago
MSC
Vessels

MSC continues ordering spree with up to 18 new LNG dual-fuel boxships

Swiss shipping behemoth MSC Mediterranean Shipping Company is investing heavily in fleet renewal, with agreements signed for up to 18 new containerships, all to be powered by liquefied natural gas (LNG).

about 2 years ago
KNCC teams up with COSCO to develop LCO2-EP carrier with direct injection offshore capability
Business Developments & Projects

KNCC teams up with COSCO to develop LCO2-EP carrier with direct injection offshore capability

Liquefied CO2 (LCO2) marine transportation company Knutsen NYK Carbon Carriers (KNCC) and China’s COSCO Shipping Heavy Industry have signed a joint study agreement to ensure market readiness and detail design development for LCO2 carriers. The joint study will include the LCO2 carrier based on KNCC’

about 2 years ago
Pre-lay operations about to begin for first UK-Germany energy link
Business & Finance

Pre-lay operations about to begin for first UK-Germany energy link

The C-Horizon vessel is set to soon kick off shallow water debris removal, boulder relocation and pre-lay grapnel run activity in UK waters to clear the proposed cable route for the first direct energy link between the UK and Germany. The 1.4 GW NeuConnect interconnector will see the construction of

about 2 years ago
Former CEO of Transocean JV takes the same role at Northern Ocean
Business & Finance

Former CEO of Transocean JV takes the same role at Northern Ocean

Oslo Stock Exchange-listed offshore drilling contractor Northern Ocean, a spin-off company of Northern Drilling, has picked a new Chief Executive Officer (CEO) to spearhead the company and oversee the implementation of its growth strategy.

about 2 years ago
A man in his working suit, Matthew Hewitson, squats next to the tidal turbine parts
Business Developments & Projects

UK firm finishes geotechnical investigation for offshore tidal turbine in Orkney

UK-based engineering consultancy Ryder, part of Tekmar Group, has completed a geotechnical site investigation for an offshore floating tidal turbine project located at the Fall of Warness European Marine Energy Centre (EMEC) test site in Orkney. A site investigation assessed ground conditions for de

about 2 years ago
Rendering of Rio Grande LNG; Source: NextDecade
Authorities & Government

After court axes permit, NextDecade pulls back ‘not sufficiently developed’ CCS application for US LNG project

NextDecade has made a move to retract an application made to the Federal Energy Regulatory Commission (FERC) for a proposed carbon capture and storage (CCS) project envisioned to be deployed as a way to curb the carbon footprint of its liquefied natural gas (LNG) export terminal located at the Port

about 2 years ago
Danish Shipping counts on Denmark-Germany deal on North Sea Energy Island to support its green ships and fuels vision
Business Developments & Projects

Danish Shipping counts on Denmark-Germany deal on North Sea Energy Island to support its green ships and fuels vision

As Denmark is starting negotiations with Germany on the North Sea Energy Island, the proposed artificial energy island in the North Sea, the trade and employer association Danish Shipping is optimistic the possible agreement will bring the necessary infrastructure to support the association’s invest

about 2 years ago
Brabo to deploy 100% electric foiling boat in the Port of Antwerp-Bruges
Infrastructure

Brabo to deploy 100% electric foiling boat in the Port of Antwerp-Bruges

Belgium-based provider of pilot and port services Brabo has ordered a 100% electric foiling pilot boat from the UK’s clean maritime technology company Artemis Technologies.

about 2 years ago
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