API is adamant that oil and gas will continue to be at the heart of energy security with LNG further entrenching its transition fuel label.
England-based CRP Subsea has secured multiple contracts with a “major oil and gas original equipment manufacturer (OEM)” to deliver equipment for a deepwater project in Africa. CRP Subsea will deliver integral buoyancy modules, hold back clamps, Uraduct and bend stiffeners for the umbilical project
The NSTA has given Repsol the highest fine issued so far for emitting GHG from three fields into the atmosphere without permission.
Japanese shipping major Mitsui O.S.K. Lines (MOL) has decided to issue blue bonds through a public offering in Japan’s domestic market in January 2024.
Florida-based shipping and energy supply chain company Crowley and Carbon Ridge Inc, a U.S. developer of modular onboard carbon capture and storage solutions, have launched an onboard carbon capture pilot project. The project involves the utilization of Carbon Ridge’s patent-pending, second-generati
Finnish technology group Wärtsilä has been contracted to supply the cargo handling and fuel supply systems for four new 40,000 cbm gas carrier vessels.
A European project led by Scottish tidal energy developer Nova Innovation has demonstrated that the cost of tidal energy could potentially be reduced by as much as 40%. The €20 million EnFAIT (Enabling Future Arrays in Tidal) Horizon 2020 project brought together seven partners including Nova Innova
ANCAP has tucked a new milestone under its belt with the signing of contracts for four offshore blocks with three oil and gas players.
Germany-based shipowning company Bernhard Schulte has placed an order for its first CO2 tanker. The LNG dual-fuel newbuilding will be constructed at Dalian Shipbuilding Offshore (DSOC) and feature innovative technologies aimed at significantly reducing its carbon footprint such as wind propulsion an
Low-emissions marine fuels supplier Titan has closed a funding round for a 45% equity stake with further follow-on rights from downstream LNG and renewable gases company Molgas Energy, backed by infrastructure fund investor InfraVia Capital Partners. As explained, the investment in Titan aims to acc
China’s software developer COSCO Shipping Technology has become the latest company to join One Sea, as the international autonomous shipping association continues to expand its geographical footprint following a period of significant growth in 2023.
Clarksons Specialised Products, a unit of UK shipbroker Clarksons, has signed a Memorandum of Understanding (MoU) with Germany-based Hydrogenious LOHC Technologies to collaborate on a roadmap to establish a maritime supply chain for the bulk transportation of green hydrogen in chemical tankers using
Bureau Veritas (BV) has granted Approval in Principle to Greek company ERMA FIRST for its BLUE CONNECT system, a high voltage alternative maritime power solution. ERMA FIRST’s system, which can be housed in a container or provided in a stand-alone configuration, enables ships to connect with differe
DeepC Store and Azuli International have agreed to jointly pursue and acquire greenhouse gas (GHG) storage acreages in Commonwealth waters offshore Australia said to have strong potential for significant CO2 storage capacities. The two companies have jointly bid for GHG Assessment Permits released b
