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MOL
Carbon Capture Usage & Storage

MOL and JX to develop CCS value chain between Japan and Australia

Japanese shipping company Mitsui O.S.K. Lines (MOL) and compatriot energy firm JX Nippon Oil & Gas Exploration Corporation (JX) have signed a memorandum of understanding (MoU) to develop a carbon dioxide capture and storage (CCS) value chain between Japan and Australia, including marine transport of

about 2 years ago
NWEA: We need to standardize offshore wind industry to reach targets
Authorities & Government

NWEA: We need to standardize offshore wind industry to reach targets

2023 was an exciting year for offshore wind, but there are still major challenges to tackle, said Jan Vos, Chairman of the board of the Netherlands Wind Energy Association (NWEA), at the Offshore Energy Exhibition & Conference (OEEC) 2023, proposing standardization in the industry. Vos affirmed that

about 2 years ago
Ulsan Port Authority methanol bunkering
Business Developments & Projects

World’s 1st large methanol-powered containership bunkered in Ulsan

Ane Maersk, the world’s first large methanol dual-fuel containership, has completed its first ship-to-ship (STS) green methanol bunkering at Ulsan Port, South Korea. The green methanol was bunkered to 16,000 TEU Ane Maersk, Maersk’s first large methanol-powered containership, by Golden Sunny Hana, a

about 2 years ago
Kate Thomson, BP's interim CFO; Source: BP
Business & Finance

BP hands chief financial officer role to its interim CFO

UK-headquartered energy giant BP has decided to appoint its interim Chief Financial Officer (CFO) to the CFO role.

about 2 years ago
RINA
Business Developments & Projects

Sea Forrest marine battery system okayed by RINA

Sea Forrest, a Singapore-based provider of specialist marine electric propulsion and energy management solutions, has been awarded a type approval certificate by Italian classification society RINA for its marine lithium ion battery system, jointly developed with GenPlus.

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

As ink dries on another collaboration deal, PTTEP going in hot pursuit of CCS tech advancement

PTTEP has inked a memorandum of understanding (MoU) with Mahidol University, which will enable it to bolster CCS technology in Thailand.

about 2 years ago
Golar LNG
Authorities & Government

Venezuela and Bermuda player in talks over potential FLNG tech investment

Golar LNG is engaged in discussions with the Venezuelan ministry regarding a potential investment in FLNG technology in the South American country.

about 2 years ago
FPSO Prosperity works at Payara, Guyana’s third offshore oil development on the Stabroek Block; Source: ExxonMobil
Business & Finance

ExxonMobil and Chevron amass over $57 billion in profits during 2023 while new acquisitions fuel portfolio growth

ExxonMobil and Chevron have raked in huge profits over the course of the past year, recording $36 billion and $21.37 billion, respectively.

about 2 years ago
Yara Marine Technologies
Business & Finance

Yara Marine Technologies has a new owner

Norway-based technology company Yara Marine Technologies (YMT) has been acquired by Switzerland-based Okapi Supply Trading Advisory SA (formerly Sarl) to expand its maritime solutions portfolio.

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

McDermott confirms pair of new deals for work on Qatar’s largest oil field

McDermott has corroborated the award of two EPCIC contracts for the development of the next phase of the largest oil field offshore Qatar.

about 2 years ago
MOL emerges as preferred supplier of Poland’s first FSRU
Business Developments & Projects

MOL emerges as preferred supplier of Poland’s first FSRU

After revealing two potential suppliers in November 2023, Poland’s natural gas transmission system operator GAZ-SYSTEM has now selected Japanese shipping major Mitsui O.S.K. Lines (MOL) as the preferred shipowner to time charter out a floating storage and regasification unit (FSRU) for the planned L

about 2 years ago
Evergreen
Business Developments & Projects

Evergreen Marine, X-Press Feeders to launch first European green methanol-powered feeder network

Taiwanese shipping firm Evergreen Marine Corporation has signed a memorandum of agreement (MOA) with Singapore-based independent common carrier X-Press Feeders to place its containers on X-Press Feeders’ new dual-fuel green methanol vessels.

about 2 years ago
Jan De Nul picks tensioner systems provider for entire CLV fleet
Business Developments & Projects

Jan De Nul picks tensioner systems provider for entire CLV fleet

Jan De Nul has appointed MacArtney Offshore Wind Solutions to design and deliver custom tensioner systems for its entire cable-laying vessel (CLV) fleet. MacArtney’s scope implies the design, construction and delivery of advanced CEMAC tensioner systems for Jan De Nul’s CLV fleet that includes the C

about 2 years ago
Map indicating a potential preferred area for a 50MW PV farm with corresponding cable route to Delimara Power Station
Business & Finance

Potential site identified for Malta’s first grid-connected floating solar project

A site located within Malta’s territorial waters has been identified as the potential location for the country’s first grid-connected floating solar project, Maltese Minister for Environment, Energy and Enterprise Miriam Dalli announced. A preliminary market consultation (PMC) has been launched to a

about 2 years ago
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