Voyage optimization can reduce emissions by 7.3% and extend CII compliance by up to three years, according to the findings of a study conducted by maritime software and data analysis expert NAPA and classification society ClassNK with Marubeni Corporation. The joint research was carried out using NA
Equinor has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.
Norwegian state-owned energy giant Equinor has officially opened the second phase of the Johan Sverdrup field located in the North Sea offshore Norway, following the start of production in December 2022. Norway’s Minister of Petroleum and Energy Terje Aasland made the official opening on 13 February
Neste’s Engineering Solutions has completed the construction work of the 2.2-kilometre gas transmission pipeline for Gasgrid Finland’s floating LNG terminal vessel FSRU Exemplar in the port of Inkoo. Finnish transmission system operator Gasgrid recently implemented the country’s first FSRU-based ter
Saipem has entered into two new credit facilities totalling around €860 million with a pool of leading national and international banks.
Pacific Gas and Electric Company (PG&E) has partnered with Angel Island-Tiburon Ferry Company (Angel Island Ferry) to launch California’s first zero-emission electric ferry.
South Korean shipping company HMM has signed newbuilding contracts with compatriot Hyundai Samho Heavy Industries (HSHI) and HJ Shipbuilding and Construction (HJSC) for nine 9,000 TEU containerships powered by methanol dual-fuel engines. The company confirmed to our newsdesk that it was looking into
Cédric Rosemont, newly appointed CEO of Traxens, explains in an interview how smart containers can help shipping become greener.
Borr Drilling has secured more work for three premium jack-up rigs, thanks to a new deal and two contract extensions.
Atlantic Shores Offshore Wind, a 50:50 U.S. partnership between Shell and EDF Renewables, has joined the Northeast Clean Hydrogen Hub, a major multi-state initiative in the U.S. that plans to develop a proposal to become one of up to 10 regional clean hydrogen hubs in the country. The developer of a
Houston-based oil and gas company Talos Energy has completed the acquisition of EnVen Energy Corporation, a private operator in the deepwater U.S. Gulf of Mexico, for $1.1 billion. The announcement comes five days after Talos Energy received stockholder approval for the acquisition. With the complet
Japan’s energy company JERA has signed a Memorandum of Understanding (MoU) with the Philippines’ Aboitiz Power Corporation, a subsidiary of a conglomerate group Aboitiz Equity Ventures, to commence a joint study on ammonia co-firing for the decarbonisation of Aboitiz Power’s business. More specifica
A Noble-owned jack-up rig, sporting legs more than 200 metres in height, has become “the largest ever vessel” to visit Port of Aberdeen.
Norwegian shipping company Solstad Offshore has secured several new contracts and contract extensions for its platform supply vessels (PSVs) and anchor handling tug supply (AHTS) vessels.
