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Noble Discoverer (former Maersk Discoverer) rig, which carried out the drilling campaign off Guyana for CGX and Frontera JV; Source: Maersk Drilling (now Noble Corporation)
Business & Finance

JV seeking partners for block offshore Guyana to unlock its hydrocarbon potential

Canada’s CGX Energy and Frontera Energy are on the lookout for partners for the further development on the Corentyne block offshore Guyana.

about 2 years ago
Keppel allies with Indian energy firm for sustainable fuels production
Business Developments & Projects

Keppel allies with Indian energy firm for sustainable fuels production

Singapore-based Keppel Corporation, through its Infrastructure Division, and AM Green, which is wholly owned and controlled by the founders of India-based Greenko Group, have signed a memorandum of understanding (MoU) to jointly explore opportunities to produce biogenic carbon-based sustainable fuel

about 2 years ago
ICS
Authorities & Government

Can shipping go beyond the COP28 razmataz and deliver on net zero targets?

Following a day of active discussions at the Shaping the Future of Shipping: Delivering a Net Zero World summit yesterday, 60 maritime organisations and government partners agreed on a course to deliver the IMO’s net-zero strategy at Shaping the Future of Shipping, an event hosted by the Internation

about 2 years ago
Erik Thun
Business Developments & Projects

Erik Thun picks Berg Propulsion’s fuel optimization software for ten new ships

Swedish shipping company Erik Thun Group has selected Berg Propulsion’s thrust and fuel optimization software technology to optimize efficiency on board all ten of its latest newbuildings.

about 2 years ago
Trion FPU concept image; Source: Woodside
Business & Finance

HD Hyundai Heavy Industries hands out commissioning deal for Gulf of Mexico FPU to Gate Energy

Gate Energy has been awarded a commissioning contract for an FPU destined for Woodside’s deepwater oil project in the Gulf of Mexico.

about 2 years ago
US politicians introduce Renewable Fuel for Ocean-Going Vessels Act
Authorities & Government

US politicians introduce Renewable Fuel for Ocean-Going Vessels Act

U.S. Representatives Mariannette Miller-Meeks (IA-01) and John Garamendi (CA-08) introduced the Renewable Fuel for Ocean-Going Vessels Act, legislation that would allow companies to preserve RIN credits under the Renewable Fuel Standard (RFS) for renewable fuel used for ocean-going vessels.

about 2 years ago
Ilustration
Authorities & Government

WSC: We need to get regulations right in next two years to ensure renewable fuels’ availability

In a bid to secure a competitive landscape for the availability of renewable fuels to power maritime vessels, energy providers need to have regulatory frameworks established within the next two years. The call comes with the recognition that substantial investments in new fuels are imminent, conting

about 2 years ago
VARD receives order for hybrid cable lay and construction vessel from Japan
Business & Finance

VARD to deliver ‘highly customized’ hybrid cable lay & construction vessel to Japan

Norway’s VARD has secured a contract worth over $200 million to deliver a highly customized hybrid power cable lay and construction vessel to what it says is a leading Japanese construction company. The contract was signed with Toyo Construction, a Japanese general construction company that operates

about 2 years ago
MacGregor’s equipment for world’s largest zero-carbon ready Aurora-class PCTCs
Equipment

MacGregor’s equipment for world’s largest zero-carbon ready Aurora-class PCTCs

MacGregor, part of Cargotec, has been selected to supply comprehensive packages of RoRo equipment for an additional four multi-fuel and zero-carbon ready Aurora-class pure car and truck carriers (PCTCs) for Höegh Autoliners.

about 2 years ago
NNPC teams up with Wison for floating LNG project in Nigeria
Business Developments & Projects

NNPC teams up with Wison for floating LNG project in Nigeria

Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine (WOM), has entered into a memorandum of understanding (MoU) with Nigeria National Petroleum Corporation (NNPC) for the development of a floating LNG project in Nigeria, targeting the international LNG market. Wison and NNPC sign

about 2 years ago
fuels
Infrastructure

WEF: MOL, Maersk showing readiness to procure green fuels but price gap remains main barrier to decarbonization

On the margins of COP28, shipping companies Mitsui O.S.K. Lines (MOL) and Maersk are actively sending a signal of readiness to procure green fuels and drive economies of scale.

about 2 years ago
Survey activities about to start at Scottish subsea link
Business & Finance

Survey activities for Scottish subsea link to take place until April

Marine survey activities are set to begin this month for the Eastern Green Link 2 (EGL 2) subsea electricity superhighway between Scotland and England. The survey activities are planned to commence from Peterhead, Scotland, in December and continue in Scottish waters until approximately February 202

about 2 years ago
Port Houston
Authorities & Government

Houston, Antwerp-Bruges ports and partners pen energy transition accord

U.S. and Belgian cargo hubs Port Houston and the Port of Antwerp-Bruges, together with four other partners, have signed a landmark agreement to form a strategic alliance aimed at accelerating the transatlantic green transition. The two ports are joined by the Center for Houston’s Future, Waterstofne

about 2 years ago
Itochu and Hive to collaborate on green ammonia project in South Africa
Business Developments & Projects

Itochu and Hive to collaborate on green ammonia project in South Africa

Japan-based trading company ITOCHU Corporation has signed a memorandum of cooperation (MoC) with Hive Hydrogen South Africa for collaboration in the field of green ammonia. Specifically, ITOCHU and Hive will cooperate on the green ammonia production project in Coega, Nelson Mandela Bay, the Eastern

about 2 years ago
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