
ExxonMobil has increased spending to $15 billion on greenhouse gas emission-reduction projects over the next six years.

Fugro has received a “major” subsidy from the Netherlands Enterprise Agency (RVO) for the development of methanol as a clean energy fuel for its vessels.

Jurong Port has joined the Castor Initiative, a global partnership that is committed to make zero-emission shipping a reality.

Oilfield services provider Petrofac has teamed up with Cranfield University to investigate new technology that could minimise the impact of amine scrubbing technology.

Global port group PSA International has signed an agreement to acquire privately-held logistics firm BDP International from New York-based Greenbriar Equity Group.

Sweden-based companies Alfa Laval and Wallenius have finalized the creation of a JV to speed up Oceanbird wind propulsion tech deployment.

Mobility R&D fund in the Netherlands has granted a €24.2 million (approximately $27.5 million) subsidy to a Dutch project consortium focused on maritime hydrogen applications.

Oil and gas company Lundin has decided to exercise its option for an additional well for an Odfjell Drilling-owned rig.

Hong Kong-based dry bulk shipping company Pacific Basin has launched its PB Carbon Neutral Voyage Programme as part of its broader decarbonization strategy.

UK-based marine energy company SIMEC Atlantis Energy has made new executive and non-executive directorate appointments.

Proserv Controls and Trendsetter Engineering have signed a Memorandum of Understanding (MoU) for the joint supply of integrated subsea hardware and controls.

Malaysian energy giant Petronas has awarded two front end engineering design (FEED) contracts to a JGC-Samsung Heavy Industries consortium and to SAIPEM for a nearshore LNG project in Sabah.

Africa-focused Chariot has revealed that the Stena Drilling-owned Stena Don rig has started its mobilisation to Morocco.

Swedish marine energy developer Minesto and Schneider Electric have showcased their joint clean power offer as part of their strategic partnership to bring ocean energy into the global renewable energy mix.