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LR, partners develop space-saving concept for methanol-powered ships
Equipment

LR, partners develop space-saving concept for methanol-powered ships

Classification society Lloyd’s Register (LR), in collaboration with SDC Ship Design and Consult, has developed a new concept for the use of ballast water tanks in place of cofferdams around methanol tanks, allowing ship operators more space for methanol fuel technology.

about 2 years ago
World’s first hydrogen-powered inland vessel passes trial run
Business Developments & Projects

World’s first hydrogen-powered inland vessel passes trial run

The world’s first hydrogen-powered vessel has completed technical sea trials and obtained a provisional certificate to be put into service. The vessel named Antonie was built by Dutch shipyard Concordia Damen for compatriot inland shipping company Lenten Scheepvaart. It will be used to transport sal

about 2 years ago
Northern Lights storage tanks
Business Developments & Projects

Northern Lights, Yara seal binding CO2 transport and storage deal

Norwegian-based ammonia player Yara International has signed a binding commercial agreement with Northern Lights, a CO2 transport and storage supplying JV created by energy majors Shell, Equinor, and TotalEnergies, which is expected to pave the way for the world’s first cross-border transportation a

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Authorities & Government

Pacific leaders vow to transition away from fossil fuels but ‘loopholes and weasel words’ weaken commitment

While calling for a transition away from coal, oil & gas, Pacific leaders’ final text did not explicitly mention extraction and production.

about 2 years ago
Illustration; Source: TotalEnergies
Authorities & Government

In focus: Energy and maritime plays shaping greener future to wean the world off fossil fuels

This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.

24 minutes read
shore power
Business Developments & Projects

Port of Gävle: Tanker switches to shore power during unloading operation for the first time

In a milestone event for the maritime industry, a tanker conducted an unloading operation while connected to shore power at the Port of Gävle, Sweden.

about 2 years ago
FPSO Western Isles; Source: Sevan SSP
Business & Finance

2017-built FPSO picked for redeployment at North Sea oil project

Jersey Oil & Gas and NEO Energy have chosen an FPSO for work on their oil development project on the UK Continental Shelf (UKCS).

about 2 years ago
Chihuahua government backs Mexico Pacific’s LNG infrastructure project
Authorities & Government

Chihuahua government backs Mexico Pacific’s LNG infrastructure project

Energy company Mexico Pacific and the government of the Mexican state of Chihuahua have entered into a strategic collaboration agreement supporting the construction and operation of Mexico Pacific’s Sierra Madre Pipeline. According to Mexico Pacific, the Sierra Madre Pipeline will originate at the b

about 2 years ago
Illustration. Source: BOEM
Authorities & Government

Gulf of Mexico oil & gas lease sale on again as US sets a date for December

BOEM has set a new date for the next offshore oil and gas lease sale for acreage in the Gulf of Mexico after postponing it to comply with a court order.

about 2 years ago
Sumitomo subsidiary enters UK carbon storage sector
Business & Finance

Sumitomo subsidiary enters UK carbon storage sector

Carbon Catalyst has entered into an agreement with Summit Energy Evolution Limited (SEEL), a wholly owned subsidiary of Sumitomo Corporation, for the farmout of a 10% interest in a North Sea carbon capture and storage (CCS) project. Carbon Catalyst announced it had reached an agreement with SEEL to

about 2 years ago
CorPower Ocean's C4 wave energy device (Courtesy of CorPower Ocean)
Business & Finance

Swedish wave energy company goes on recruitment spree

CorPower Ocean is looking to expand its team of ocean energy experts, with a number of vacancies available for multiple roles.

about 2 years ago
New milestone for Cyprus LNG terminal as FSRU wraps up sea trials
Business Developments & Projects

New milestone for Cyprus LNG terminal as FSRU wraps up sea trials

Floating storage and regasification unit (FSRU) Prometheus, built by China Petroleum Pipeline-led consortium for the Cyprus LNG terminal project, has completed modified gas mode sea trials as the terminal launch is anticipated in July 2024. Conversion of the Prometheus from ETYFA’s LNG carrier to an

about 2 years ago
EU
Authorities & Government

EU to introduce stricter fines for illegal discharges from ships

Ships in the European Union seas should face dissuasive fines not only for oil spills but also for sewage and garbage discharge, Transport and Tourism Committee Members of the European Parliament (MEPs) said.

about 2 years ago
Neptun Deep offshore platform simulation
Business & Finance

Greek firm to deliver pipeline for first deepwater offshore project in Romania

Corinth Pipeworks, the steel pipe segment of Cenergy Holdings, has won a contract to manufacture and supply the pipeline for OMV Petrom’s deepwater natural gas project offshore Romania. Corinth Pipeworks, as subcontractor of Sumitomo Corporation Europe, will manufacture and supply approximately 160

about 2 years ago
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