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Business & Finance

Kent demystifying oil & gas decarbonization economics

Dubai-headquartered engineering and services company Kent is developing a comprehensive report aiming to offer guidance for determining the cost of decarbonization, including its societal aspect, in the upstream oil and gas industries on behalf of the London-based Energy Institute.

about 2 years ago
An aerial photo of JDR Cable Systems' new Blyth facility
Business & Finance

JDR’s Chief Strategy Officer: ‘Look at floating wind’

JDR Cable Systems is already at the forefront of the production and supply of dynamic subsea cables to the floating wind market and will become a leader as the market expands, JDR’s Chief Strategy and Compliance Officer said in an interview with our sibling news site offshoreWIND.biz. In this articl

about 2 years ago
Candela’s hydrofoil electric boats picked for Saudi’s ‘megacity of the future’
Vessels

Candela’s hydrofoil electric boats picked for Saudi’s ‘megacity of the future’

Candela, a Swedish maker of sustainable, electric hydrofoil vessels, has revealed that it will supply a fleet of P-12 electric hydrofoil ships for NEOM, a mega city project in Saudi Arabia.

about 2 years ago
TOWT
Infrastructure

TOWT: First sailing cargo ship begins transatlantic journey

Anemos, the first sailing cargo ship ordered by French sailing freight transport company TransOceanic Wind Transport (TOWT), has embarked on its maiden voyage.

about 2 years ago
Jack-up rig; Source: Shelf Drilling
Business & Finance

Shelf Drilling’s backlog reaches $2.1 billion with 33 out of 36 rigs busy with work

Shelf Drilling has pushed its total contract backlog to $2.1 billion at the end of the second quarter of 2024.

about 2 years ago
Contract extension puts high-end subsea vessel to work until May 2028
Business & Finance

Contract extension puts high-end subsea vessel to work until May 2028

DOF Subsea has secured a contract extension for its high-end subsea vessel that will keep the vessel busy until mid-2028. The new commitment for DOF’s Skandi Africa will run until May 2028 and will commence in direct continuation with the current commitment, which runs until February 2025. According

about 2 years ago
Ocean Sun has secured funding from Innovation Norway to advance key technology areas, including a freshwater collection system.
Business Developments & Projects

Innovation Norway backs compatriot floating solar firm with funding

Norway-based floating solar company Ocean Sun has secured funding from state-owned Innovation Norway to advance key technology areas, including a freshwater collection system.

about 2 years ago
Chinese shipping giant expands its orderbook with 10 energy-efficient tankers
Vessels

Chinese shipping giant expands its orderbook with 10 energy-efficient tankers

Chinese shipping heavyweight China Merchants Energy Shipping (CMES) has placed an order for ten energy-efficient tankers at compatriot Dalian Shipbuilding Industry.

about 2 years ago
Proman scales up methanol bunkering in Trinidad and Tobago
Business Developments & Projects

Proman scales up methanol bunkering in Trinidad and Tobago

Proman highlights the potential of Trinidad as a methanol bunkering hub with 2,100 MT of methanol to be delivered to ships in August 2024.

about 2 years ago
biomethane
Business Developments & Projects

MOL: Biomethane from animal manure could fuel vessels in the future

Several Japanese companies including shipping major Mitsui O.S.K. Lines (MOL) have launched a study on the production and utilization of biomethane from animal manure.

about 2 years ago
LNG vessel surrounded by four tugboats approaching a jetty
Authorities & Government

Demand boost prompts calls for more gas production and fewer exports in Western Australia

Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, is set on working with the government of Western Australia (WA) to find the best way forward following an inquiry into the state’s domestic gas policy by the Western Australian Par

about 2 years ago
$40M fund for New Yorkers looking to build careers in green economy opens second call
Business & Finance

$40M fund for New Yorkers looking to build careers in green economy opens second call

Champlain Hudson Power Express (CHPE), the high-voltage direct current (HVDC) power cable project that will connect the Canadian border and New York, has opened the second request for proposals (RFP) for its $40 million fund dedicated to supporting New York State’s disadvantaged communities, low-inc

about 2 years ago
Outer Harbor project site; Source: Venice Energy
Business & Finance

Formal negotiations underway for new partner to come aboard renewable-powered floating LNG import terminal

Venice Energy is engaged in formal negotiations to secure what it describes as a major international balance sheet partner for a proposed liquefied natural gas (LNG) import terminal project in South Australia.

about 2 years ago
A photo of a Green Rebel floating LiDAR at sea
Project & Tenders

Green Rebel awarded floating LiDAR contract for Irish wind and wave energy test site

Ireland-based survey provider Green Rebel has secured a contract for floating LiDAR services for the Atlantic Marine Energy Test Site (AMETS), located west of Belmullet in County Mayo. The Sustainable Energy Authority of Ireland (SEAI) issued a call for tenders for a floating LiDAR and associated pr

about 2 years ago
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