South Korean shipbuilding heavyweight Korea Shipbuilding & Offshore Engineering (KSOE) has received an order for three liquefied natural gas (LNG) carriers.
As a founding member of the First Movers Coalition (FMC), commodities group Trafigura has committed to carbon dioxide removal as well as to purchase at least 50,000 tonnes of durable and scalable net carbon dioxide removal credits by the end of 2030 generated through advanced carbon dioxide removal
Chinese shipyard Hudong-Zhonghua Shipbuilding Group Co. has started construction of the second liquefied natural gas (LNG) carrier ordered by Mitsui O.S.K. Lines (MOL) as part of QatarEnergy’s massive LNG shipbuilding program. The construction of the 174,000 cbm carrier started on 16 January at the
Island Drilling has been awarded a contract extension for its semi-submersible rig, which will prolong the rig’s assignment off Mauritania.
Aker Solutions has secured a contract with French energy giant TotalEnergies for the delivery of the subsea production system, tools and related EPCI interfaces for the Lapa South West field construction offshore Brazil. The development concept located in the pre-salt Santos Basin is a subsea tie-ba
Offshore drilling contractor Stena Drilling has secured a new drilling contract with Shell’s subsidiaries for operations offshore Egypt.
A new three-part plan to unleash American energy confirms the reign of oil and gas is far from over, but the shift to low-carbon is the industry’s paradigm.
Indian firm Larsen & Toubro has secured a contract for the engineering, procurement and construction (EPC) works for SJVN’s 90 MW floating solar project in India.
With the integration of the LNG floating storage and regasification unit (FSRU) Exemplar into Gasgrid Finland’s gas transmission network, Finland’s first FSRU-based terminal, located in the deep harbour at Inkoo, is now fully ready for use. Esa Hallivuori, Senior Vice President of Transmission Busin
Norwegian survey services provider Magseis Fairfield has delisted its shares from the Oslo Stock Exchange (Oslo Børs) following the acquisition by TGS. The process with TGS started when the company announced a voluntary offer for all shares in Magseis Fairfield (ticker: MSEIS) on 29 June 2022. When
South American ferry operator Buquebús is in talks with Australian catamaran builder Incat Tasmania on the possibility of replacing the LNG powerplant with a battery-electric solution on its newbuilding ferry under construction at the yard. Having an overall length of 130 metres, a width of 32 metre
Neapolitan shipping company Grimaldi Lines has ordered five additional ammonia-ready car carriers in China. The order went to Shanghai Waigaoqiao Shipbuilding Company Limited (SWS) and China Shipbuilding Trading Company Limited (CSTC), two subsidiaries of China State Shipbuilding Corporation Limited
The Port of San Diego is ramping up its efforts to improve air quality at the port by doubling the capacity of ships that can use shore power. Namely, two cruise ships can now simultaneously use shore power in San Diego rather than running their diesel engines while at berth. Previously, only one ve
The US, Canada, and Mexico have ‘committed to combatting the climate crisis’ by working together on the development of a clean hydrogen market in North America. At the conclusion of the North American Leaders’ Summit, the countries agreed to work together in six areas, including methane emissions re
