Australian energy giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to fund its giant gas project off the coast of Western Australia. The loan agreement, executed in Tokyo, Japan, between Woodside CEO Meg O’Neill and JBIC Deputy Governor K
An Indigenous-led research report has proposed a cultural license to operate (CLO) framework to help industries collaborate with First Nations, fostering trust and cultural legitimacy in the blue economy operations.
Finland-based Sumitomo SHI FW (SFW) has signed an agreement with Portugal’s Capwatt to provide Front-End Engineering Design (FEED) services for a syngas production plant, integral to the Mangualde Renewable Methanol project in Portugal.
Italy-headquartered Prysmian has completed the installation of the export cable for the 30 MW Gruissan/EolMed floating offshore wind project in France. In 2021, Prysmian signed a contract with the French transmission system operator (TSO) Réseau de Transport d’Électricité (RTE) for the engineering,
The UK’s Salunda has secured a multi-year contract to install its red zone monitoring solution on a jack-up rig in the Middle East.
Italian maritime transportation group Fratelli Cosulich has christened its newbuild chemical bunker barge Marta Cosulich equipped to carry methanol and biofuels up to B100.
NYK, China Merchants Energy Shipping (CMES) and CNOOC Group have formed their sixth LNG ship management company, in Hong Kong.
Nordic-Baltic banking group Swedbank has set a climate target for its shipping portfolio by integrating climate considerations into its loan decisions for ship finance.
Norwegian oil and gas players Aker BP and Vår Energi have respectively drilled two wells in the North Sea and Barents Sea that turned out to be dry. Aker BP drilled the dry well 24/6-5 Alvheim Deep in the North Sea in production license 203, awarded in 1996, representing the eleventh exploration wel
U.S. technology company Oceaneering has carried out a pipeline inspection industrial pilot using an autonomous underwater vehicle (AUV) for TotalEnergies, as part of the French energy giant’s ambition to become a net-zero company. The North Sea pilot using the Freedom AUV saw the inspection of over
Dutch-Norwegian company SolarDuck has expanded its regional office in Tokyo, Japan, to better devote to the Japanese market and accelerate the commercialization of its floating solar technology.
Caterpillar Marine signed an MoU with Damen Shipyards Group to advance the development of its methanol dual-fuel Cat 3500E marine engines.
Antwerp Euroterminal (AET) has decided to install the first shore power connection for seagoing vessels in Belgium.
Cape Hayate, a liquefied natural gas (LNG) dual-fuel bulker built at Tsu shipyard of Japan Marine United, has been delivered to Japanese shipping company Kawasaki Kisen Kaisha (K Line).
