While the implementation of ammonia as a marine fuel is expected to be technologically feasible as early as 2025-2026, its toxic nature requires the maritime industry to develop new approaches to safety. However, the majority of maritime community members are willing to sail on or work with ammonia-
Nigeria’s oil and gas company Seplat Energy has received approval from the country’s Minister of Petroleum Resources to move forward with the acquisition of Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of U.S. energy giant ExxonMobil.
Dutch shipping company Amasus has signed a fresh contract with Spain’s bound4blue to install a new suction sail system onboard its 90-meter vessel being built at Astander Shipyard in Santander.
Wison New Energies has picked up a new assignment with Kumul Petroleum related to Papua New Guinea’s first floating liquefied natural gas (FLNG) unit, which is planned to be deployed to the Gulf of Papua in Oceania to assist the Pacific island country in commercializing its offshore gas fields.
Offshore wind services company Venterra Group has acquired Oceanscan Holdings Limited, a group of companies that provide subsea and non-destructive test equipment, geotechnical services and specialist personnel to the offshore energy market. Founded in 1989 and headquartered in Aberdeen with oversea
The Australian Government has awarded AU$2.4 million (around $1.6M) to renewable energy business WaveX to drive its wave energy technology, as a part of a broader AU$55 million fund aimed at driving innovation across key sectors in Australia. The funding was unveiled by Minister for Industry and Sci
BW Energy has brought online another well on its list at an oil field in the Dussafu license off the coast of Gabon, Africa.
U.S.-headquartered TDI-Brooks has completed another geotechnical program offshore Türkiye, its fifth such investigation for Istanbul-headquartered DenAr Ocean Engineering Services. Research vessel Nautilus, formerly known as Nautical Geo, was sent to the Black Sea site, offshore Filyos, from the U.S
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE), in collaboration with ship designer Robert Allan, has received approval in principle (AiP) from classification society ABS for an escort tug with methanol dual-fuel (DF) hybrid propulsion system. The AiP certific
China Gas Hongda Energy Trading, a subsidiary of Chinese piped-gas operator China Gas, and energy and commodities company Vitol have signed a long-term liquefied natural gas (LNG) swap agreement.
China’s CNOOC has started production from an oilfield development project in the South China Sea ahead of schedule.
Kongsberg Maritime has been tasked to provide a wide range of equipment for a new fleet of ten platform supply vessels (PSVs), which are being built by a Chinese shipbuilder for Greece’s vessel owner Capital Offshore Management Corp.
The European Technology and Innovation Platform for Ocean Energy (ETIP Ocean) has highlighted the need to direct innovation efforts toward enabling ocean energy farms to achieve technological and industrial breakthroughs by 2030. According to Ocean Energy Europe (OEE), the newly-released ‘Strategic
While the preliminary findings indicate the presence of gas, Shell is continuing activities at its high-impact gas prospect in the UK sector of the North Sea, thus, more information will be available following a comprehensive review.
