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Shearwater GeoServices goes to India
Business & Finance

Shearwater GeoServices goes to India

India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) has appointed Norway’s Shearwater GeoServices to deliver an ocean bottom node (OBN) survey off the coast of India. According to Shearwater, the venture will showcase its Pearl node technology aboard the SW Tasman, a vessel

about 2 years ago
GEFO
Business Developments & Projects

GEFO orders ten stainless steel chemical tankers in China

Germany-based family-owned shipping company GEFO has decided to invest ‘a three-digit million amount’ in ten new 3,850 dwt tankers.

about 2 years ago
Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Business & Finance

International offshore rig count activity gets a boost in January

Baker Hughes’ rig count report shows that more than one rig joined the working international offshore fleet in January 2024.

about 2 years ago
Arsenio Dominguez IMO
Authorities & Government

IMO’s decarbonization focus tested amid escalating Red Sea tensions

Following a major step to create a regulatory framework for the full decarbonization of the maritime industry with the adoption of a revised Greenhouse Gas (GHG) strategy in July last year and alignment with the objectives of the Pairs Agreement on curbing global warming, the International Maritime

about 2 years ago
India
Authorities & Government

India rolls out program to support green hydrogen ship retrofits

India’s government has released a new scheme that aims to support retrofitting existing vessels to run on green hydrogen.

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Business & Finance

Shell takes Valaris jack-up rig for upcoming North Sea drilling ops

Shell has hired a heavy-duty jack-up rig from Valaris, an offshore drilling contractor, for a two-well drilling campaign in 2024.

about 2 years ago
Snam gauging market interest in hydrogen and CO2 transport and storage
Business Developments & Projects

Snam gauging market interest in hydrogen and CO2 transport and storage

Italian energy infrastructure operator Snam, in cooperation with Confindustria, has officially launched a market test on hydrogen demand in Italy and, in partnership with Eni, a collection of non-binding expressions of interest for the transport and storage of CO2 within the framework of the carbon

about 2 years ago
France-Scotland alliance to boost hydrogen deployment
Authorities & Government

France-Scotland alliance to boost hydrogen deployment

France Hydrogène and the Scottish Hydrogen & Fuel Cell Association (SHFCA) have signed a memorandum of understanding (MoU) to strengthen collaboration and cooperation between the two organizations and accelerate the deployment of hydrogen for the transition to net zero. According to the SHFCA, the p

about 2 years ago
NYK takes delivery of ammonia-powered engine for tugboat conversion project
Business Developments & Projects

NYK takes delivery of ammonia-powered engine for tugboat conversion project

Japanese shipping company NYK has taken delivery of a domestically manufactured ammonia-powered engine to be installed on a tugboat which is set to become the world’s first commercially operated ammonia-fueled ship. The engine, jointly developed with IHI Power Systems and ClassNK as part of the Gree

about 2 years ago
Sempra and JBIC join forces to pursue energy transition opportunities
Business & Finance

Sempra and JBIC join forces to pursue energy transition opportunities

Houston-based Sempra Infrastructure, a subsidiary of Sempra, and Japan Bank for International Cooperation (JBIC) have signed a memorandum of understanding (MoU) to collaborate on energy transition opportunities, such as LNG and hydrogen, in the United States and Japan. The MoU will see Sempra and JB

about 2 years ago
VIDEO: Conoship’s wind-assisted cargo vessel hits the water in Türkiye
Vessels

VIDEO: Conoship’s wind-assisted cargo vessel hits the water in Türkiye

Turkish shipbuilder Gelibolu Shipyard has launched a diesel-electric, wind-assisted general cargo vessel for Dutch shipping company Conoship International.

about 2 years ago
France's HelioRec sets up partnership for floating solar in Bretagne
Business & Finance

France’s HelioRec sets up partnership for floating solar in Bretagne

France-based start-up HelioRec has established a partnership with EMP ROTOMOULAGE, a company dedicated to rotational molding techniques, with the aim of spearheading the production of floating solar systems in the Bretagne region. HelioRec, who has developed a floating solar system whose compact des

about 2 years ago
Venture Global and Grain LNG pen long-term LNG deal
Business & Finance

Venture Global and Grain LNG pen long-term LNG deal

U.S. Venture Global LNG and UK National Grid Grain LNG have signed a binding long-term terminal use agreement (TUA), enabling the regasification and sale of LNG from all of Venture Global’s terminals in Louisiana, U.S., including CP2 LNG, subject to obtaining necessary federal permits. Under the agr

about 2 years ago
Kaimana Hila to run on LNG
Business Developments & Projects

Matson inks Kaimana Hila LNG retrofit deal with COSCO Shipping Nantong

U.S. shipowner Matson has inked a contract with Chinese shipbuilder COSCO Shipping Shipyard (Nantong) for the integration of an LNG dual-fuel gas supply system into the 2019-built container ship Kaimana Hila. The contract signing ceremony for MV Kaimana Hila LNG retrofit project was held in Nantong

about 2 years ago
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