Magnora is setting apart its FPSO segment from the renewables business, splitting them apart due to the considerable growth in profits from renewables.
Tens of thousands of new-generation clean jobs need to be created to support burgeoning hydrogen production and the carbon capture and storage (CCS) industry in the UK’s Teesside and Humberside regions, according to Jonathan Brearley, CEO of UK energy market regulator Ofgem. Following visits to CCS
Hong Kong-based bunker service provider Chimbusco Pan Nation Petro-Chemical (CPN) has supplied 800 metric tons of ISCC-EU certified B24 marine biofuel to a vessel owned by Japanese shipping company NS United Kaiun Kaisha.
ABB has been hired for the delivery of a complete electrical system and associated digital solutions on ExxonMobil’s Guyana-bound FPSO.
Ulstein Verft has completed the conversion of a 2015-built platform supply vessel (PSV) into a geotechnical survey vessel for Fugro, representing one out of two vessel transformation tasks it has on its to-do list. Ulstein Verft finished the conversion of the Fugro Resilience at the end of 2023, on
HMH has entered into a long-term contractual services agreement (CSA) with Constellation Oil Services, a Brazilian drilling contractor.
Denmark’s European Energy and Japan’s Mitsubishi HC Capital have entered into an agreement in which Mitsubishi will acquire a 20% stake in European Energy. Specifically, Mitsubishi HC Capital will subscribe to approximately 72 million new shares in European Energy, and additionally, will purchase ar
On January 13, 2024, China’s inaugural methanol bunkering ship, Hai Gang Zhi Yuan, embarked on its maiden voyage, following a conversion process at Zhoushan Putuo Changhong Shipbuilding Co. The ship left for Shanghai Port where it was put in operation as an integral part of Shanghai Port Clean Energ
Chevron is convinced that all energy sources will be needed in the future to meet the growing demand and ensure the security of supply.
Hong Kong-based ship management group Wallem Group has partnered with Chinese electric vehicle (EV) automaker BYD by providing commercial services for its first fully chartered pure car, truck carrier (PCTC) vessel, MV BYD Explorer No. 1.
Bureau Veritas Solutions Marine & Offshore (BV Solutions M&O) has developed and now delivered a Fleet Energy and Emissions Forecast tool for ferry operator Brittany Ferries.
Denmark’s Copenhagen Infrastructure Partners (CIP) will launch a new company dedicated to developing energy islands globally with backing from Nordic, European, and North American investors. Named Copenhagen Energy Islands (CEI), the new company will build on CIP’s long-standing experience within of
After validating its technology in European wave basins at a small scale, French start-up Seaturns is now progressing to the next stage by starting tests on a 1:4-scale prototype at the Ste Anne du Portzic site in Brittany, France. Seaturn installed the demonstrator at the Ifremer test site in Octob
In a pioneering feat of engineering, Northern Lights, a joint venture company of energy giants Shell, Equinor, and TotalEnergies, shared a new milestone in the construction of the company’s liquefied CO2 (LCO2) carriers. Namely, the company’s first two vessels have been installed with custom-built 7
