Odfjell Drilling has inked two letters of intent with an undisclosed client for one of its rigs to carry out drilling activities in the North Sea.
HyEkoTank project partners have discussed the procedures that the consortium will follow during the project’s implementation period as well as the work to be carried out in the upcoming period. The consortium includes TECO 2030 AS, Shell International Exploration and Production Bv, Fartygskonstrukti
MEYER Group, an international consortium specializing in cruise shipbuilding, has presented a cruise ship concept that manages without fossil fuels. MEYER presented the “Reverse” concept – a concept that shows what a cruise ship could look like in the year 2100 – at the global cruise trade fair in F
New report by IEEFA points out that adding CCS to fossil-fired power plants will have unsustainable implications on electricity prices.
Chinese oil and gas player CNOOC and French energy giant TotalEnergies have completed China’s first yuan-settled LNG trade through the Chinese energy trading centre Shanghai Petroleum and Natural Gas Exchange (SHPGX). According to SHPGX’s statement from 28 March, TotalEnergies supplied CNOOC with ap
ZTT Submarine Cable & System has been awarded an engineering, procurement, installation, and commissioning (EPIC) contract for the subsea cable for the CGN Huizhou Port II Offshore Wind Power Project in China. Under the contract, 170-kilometre 220 kV three-core subsea cable will be supplied and inst
The end of March has been eventful for Norden as it partnered up with Spar Shipping on the use of biofuel and acquired Capesize vessels to improve its portfolio of freight service solutions towards its dry-segment customers. Norden and Spar Shipping, both Danish companies, have bunkered approximatel
Italian energy giant Eni has created a new venture called Enivibes, dedicated to increasing the market value of its proprietary vibroacoustic pipeline monitoring system technology. The establishment of the new venture comes as Eni wishes to enhance the market value of its proprietary technology call
Finnish technology company Wärtsilä has introduced a new radical derating retrofit solution, Wärtsilä Fit4Power, to extend the emissions-compliant lifetime of merchant vessels.
Korean Register (KR) has signed a memorandum of understanding (MOU) with Microsoft Korea to collaborate on digital transformation and enhance their technological capabilities. KR said the aim was to digitally transform the shipbuilding and maritime industry by leveraging fourth-industrial revolution
A new report co-authored by the IIRENA and OEE has provided a roadmap to decision makers on the various financing mechanisms for ocean energy and how they can be scaled up to secure investments for the sector.
Valaris has revealed that one of its jack-up rigs is in the process of wrapping up preparations in Singapore for its new contract with Shell.
The municipal council in Vefsn municipality has approved the detailed zoning plan for Gen2 Energy’s hydrogen facility in Mosjøen, Norway. Gen2 Energy, a Norwegian green hydrogen company, said the zoning plan provides the opportunity to realise a production plant with a capacity of up to 100 MW and i
Singapore’s first LNG hybrid tug, JMS Sunshine, has received LNG via truck-to-ship bunkering operation conducted by Pavilion Energy. For this operation, a total of 34 cubic metres of LNG was transferred from the trucks to the receiving vessel at Jurong Port on 29 March, Pavilion Energy revealed in i
