Viridis Bulk Carriers, a joint venture of Norwegian shipping consultancy Amon Maritime and compatriot shipowners Navigare Shipping & Logistics and AS Mosvolds Rederi, has signed a memorandum of understanding (MoU) with Stema Shipping to collaborate on ammonia-powered short-sea shipping project “Flex
Norwegian floating solar company Ocean Sun has reported an increase in revenues for the third quarter of the fiscal year 2022, as opposed to the same period a year earlier.
Norwegian seismic company Magseis Fairfield has signed an agreement with a repeat customer for a 4D ocean bottom node (OBN) project in the North Sea. The project is scheduled to start in the second quarter of 2023, with an expected duration of approximately one month. Activities will see the utiliza
First power has been produced from the first turbine at Equinor’s Hywind Tampen floating offshore wind farm in the Norwegian part of the North Sea. The power from the first turbine, which was installed in June, was delivered to the Gullfaks A platform in the North Sea on 13 November. The Hywind Tamp
UK-headquartered wind propulsion specialist GT Green Technologies has won grant funding as part of this year’s Clean Maritime Demonstration Competition Round 2 (CDMC2) launched by the UK’s Department of Transport. The company said that it would use the funding to further develop and launch its propr
UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas is continuing the farm-out processes of two licenses respectively located offshore Morocco and Ireland. In Morocco, Europa said it is continuing the farm-out process of the Inezgane license in the Agadir Basin, which represents a “
Norway’s cleantech company TECO 2030 has received a NOK 100 million (approximately $10 million) investment from US-based SunHydrogen, a developer of technology that uses sunlight and any source of water to make renewable hydrogen. Currently under development, SunHydrogen’s technology utilizes a nano
Offshore Energies UK (OEUK) has warned that the windfall ‘supertax’ proposal risks driving out oil and gas investments from the UK waters.
Global RoRo shipping company Sallaum Lines has placed an order with China’s Fujian Mawei Shipbuilding for the construction of two dual-fuel LNG 7500 Pure Car and Truck Carriers (PCTC). The ships will have a total length of 199.9 meters, a molded width of 38 meters, a molded depth of 14.8 meters, and
Following a temporary interruption of production, Enauta has restarted production from a well located on a field offshore Brazil.
During the opening of the United Nations Climate Change Conference COP27, currently underway in Egypt, a call to ensure the full implementation of the Paris Agreement echoed once again, as severe geopolitical conflicts and tensions seem to demand actions that are not fully in line with the Paris rul
Namibia, one of the world’s sunniest countries, is investing strenuous efforts in exploiting its abundant natural resources to produce renewable energy, most notably green hydrogen, and position itself as a renewable energy hub. “Namibia is comfortable with being a first mover in an industry that is
Keppel Offshore & Marine has secured assignments for two additional jack-up rigs, which will be deployed in Saudi Arabia.
The only way to lower greenhouse gas emissions in shipping and entice companies to set zero-emission targets in the sector is by setting an end date for fossil fuels in the shipping industry through a global regulation, Maersk’s Chief Advisor for Green Transition Concepción Boo Arias said. “It is ve
