Petronas has launched two initiatives through Malaysia Petroleum Management (MPM) to strengthen the country’s oil and gas sector and ensure an optimal and sustainable supply of oil and gas to boost energy security.
North American developer of green hydrogen projects EverWind Fuels has secured $22.5 million in funding from the Canadian government to develop marine and shore-side infrastructure at its Point Tupper terminal in Nova Scotia as part of the green hydrogen and ammonia project. The funding was awarded
Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has held a naming ceremony for a newbuild liquefied natural gas (LNG) carrier at the Geoje Shipyard of South Korea’s shipbuilder Hanwha Ocean. With the naming ceremony out of the way, the next item on the agenda for MOL’s Marvel Swallow LNG carrier, s
WaveX, a renewable energy business, and Centre for Energy Research & Innovation (CERI) resident, has secured a Western Australia State Government Innovation Booster Grant (IBG) to accelerate the integration of advanced control systems into its D-Spar wave-powered generator. The competitive Innovati
UK’s remote robotics company HonuWorx is planning to develop a fleet of autonomous submarines that will perform services across the oil & gas, offshore wind, and defense sectors, targeting 50 units in the long term. In what the company describes as an industry-first, HonuWorx deployed a remotely ope
Considering the rising focus on energy security, Wood Mackenzie has pointed out that Britain could get its hands on an additional £10 billion of North Sea oil and natural gas value from existing assets if it puts the right set of fiscal and regulatory policies in place.
SBM Offshore is closing in on the first oil milestone from its new FPSO unit as the vessel has reached Brazilian waters and will be deployed at a huge field in the pre-salt Santos Basin off the coast of Brazil, where it will work for Petrobras.
A new merger may soon be visible on the rig market horizon, as the Switzerland-based offshore drilling contractor Transocean is now allegedly contemplating a business combination with its Bermuda-headquartered rival Seadrill.
French maritime firm Louis Dreyfus Armateurs (LDA) has celebrated the beginning of the construction of the first low-carbon roll-on /roll-off (RoRo) vessel to be chartered to European aerospace giant Airbus. The steel cutting ceremony for the first of three low-carbon vessels equipped with wind-assi
Oriol Colomés Gené, Assistant Professor at Technische Universiteit Delft in Offshore Engineering, has received the NWO Vidi grant for the DigiOcean4Solar project to develop a first-of-its-kind digital ocean model designed to assess floating solar farms. DigiOcean4Solar, short for a Digital Ocean en
Galp has embarked on its second exploration and appraisal program in the Orange Basin where oil discoveries were made during the first campaign within license PEL 83 off the coast of Namibia, which is situated close to recent discoveries made by Shell and TotalEnergies.
German shipbuilder Meyer Werft has delivered the second LNG-powered cruise ship, Disney Treasure, to U.S.-based Disney Cruise Line. Disney Treasure was delivered on October 24, 2024, earlier than contractually agreed, according to Meyer Werft. The ship featuring 1,240 cabins, a size of 144,000 GT, a
France-based geophysical services company Viridien, formerly known as CGG, and American oilfield services company SLB have partnered for the first time in Australia to gather data into the exploration and carbon storage potential of the Bonaparte Basin. Viridien reported on October 24 that the partn
Japanese companies Idemitsu Kosan and Mitsubishi Corporation have entered into an agreement to jointly study the efficient operation of clean ammonia carriers and transshipment terminals as well as the structuring of a low-carbon ammonia supply chain. In addition to the efficient operation of clean
