As part of its fleet renewal program, PIL has ordered five new 13,000 TEU containerships to be powered by LNG dual-fuel engines.
Dutch investment management company Hanzevast has launched a new shipping fund in order to accommodate the sustainability needs of the maritime industry.
Dubai-headquartered offshore drilling contractor Shelf Drilling has gone through a management reshuffle as three positions – Chief Executive Officer (CEO), Executive Chairman, and Lead Independent Director – have been filled with members who have previously fulfilled other roles at the company.
A 1981-built non-propelled self-elevating cantilever jack-up rig has mobilized for the commencement of what will be the UK’s first CO2 well injection test. Perenco UK and Carbon Catalyst Limited secured a license to progress the Poseidon CCS project at the Leman gas fields in the UK southern North S
France-based floating solar company HelioRec has earned B Corporation (BCorp) certification from B Lab, a nonprofit organization that certifies companies for their social and environmental impact, marking its commitment to a more sustainable and equitable future.
The Netherlands-headquartered Van Oord has taken a step seen as a milestone in its decarbonization efforts with the first delivery of biofuel for its 2011-built flexible fallpipe vessel. The biofuel delivered for the Stornes flexible fallpipe vessel in Norway is a B30 blend, consisting of 30% hydrot
After accepting a cash offer from Trinidad-headquartered Lease Operators, UK’s Trinity Exploration and Production, which has a portfolio of onshore and offshore oil assets located solely in Trinidad and Tobago, is moving forward with the proposed merger.
Subsea7 has won a “sizeable” contract for subsea infrastructure in the U.S. Gulf of Mexico, described as one worth between $50 and $150 million.
Jiangnan Shipbuilding has secured a new contract for the construction of up to four 93,000 cbm very large ammonia carriers (VLACs).
UK energy sector construction, maintenance & enhancement solutions player Global Energy Group is set to soon launch a recruitment drive to cover key fabrication operations at one of its facilities, following a new contract with Subsea7. Global Energy Group has been awarded another contract from Subs
Dolphyn Hydrogen, Celtic Sea Power, ORE Catapult and Wales and West Utilities have secured funding to deliver the Milford Haven: Hydrogen Kingdom (MH:HK) project.
DNO Norge, a subsidiary of Norwegian oil and gas operator DNO, has been granted a drilling permit for a wellbore in the North Sea by the Norwegian Offshore Directorate.
BW LPG has signed agreements to acquire 12 very large gas carriers (VLGCs), four of which are dual fuel, from Avance Gas.
UK classification society Lloyd’s Register (LR) and compatriot maritime and technology innovation company Core Power have launched a joint regulatory assessment study to determine the safety and regulatory considerations for a potential next-generation nuclear-propelled feeder container ship to unde
