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Wallenius Wilhelmsen: CO2 intensity target achieved in 2023
Business Developments & Projects

Wallenius Wilhelmsen: CO2 intensity target achieved in 2023

Norwegian shipping and logistic company Wallenius Wilhelmsen has updated its progress on emissions targets and performance related to its sustainability-linked financing framework established in 2022.

about 2 years ago
Works at full speed at New York's 1.25 GW subsea HVDC link
Business Developments & Projects

Works at full speed at New York’s 1.25 GW subsea HVDC link

DeepOcean has completed its first campaign under a contract with NKT for the provision of subsea construction support for a subsea HVDC cable that will link the Canadian border and New York. DeepOcean reported that its U.S. operation had wrapped up the first campaign for the Champlain Hudson Power E

about 2 years ago
BW MaBoMo; Source: BW Energy
Business Developments & Projects

BW Energy pens $150 million deal for production facility working offshore Gabon

BW Energy has inked a sale and lease back agreement with Minsheng Financial Leasing Co (MSFL) for an offshore production facility.

about 2 years ago
Monjasa
Business Developments & Projects

Monjasa completes first biofuels supply off Peru

Marine fuels supplier Monjasa has supplied a total of 510 tonnes of B30 marine biofuels to the Cargill-operated dry bulk carrier, Infinity Sky.

about 2 years ago
Illustration; Source: Chevron
Business Developments & Projects

Chevron widens its oil & gas footprint in Namibia with operatorship of two offshore blocks

Chevron has enriched its offshore oil and gas portfolio in Africa with the entrance into a new license off the coast of Namibia.

about 2 years ago
Illustration; Source: OMV
Business Developments & Projects

OMV steps up its methane reduction game by joining UN program for curbing such emissions

OMV is the latest in the long line of oil and gas players that have thrown their support behind the Oil & Gas Methane Partnership (OGMP 2.0).

about 2 years ago
Abdülhamid Han drillship; Source: TPAO
Business Developments & Projects

Türkiye holds LNG supply talks with ExxonMobil while setting the stage to search for oil in Black Sea

Türkiye is going all out to wean itself from its dependence on foreign natural gas, as demonstrated by the ongoing LNG negotiations with ExxonMobil.

about 2 years ago
FPSO One Guyana for ExxonMobil's oil project offshore Guyana; Source: SBM Offshore
Business Developments & Projects

ExxonMobil and Chevron feel bite of lower gas prices but multi-billion profits still in the bag

ExxonMobil and Chevron have joined their European counterparts in posting quarterly results affected by a global plunge in gas prices.

about 2 years ago
HD KSOE, partners embark on joint project to reduce GHG emissions
Business Developments & Projects

HD KSOE, partners embark on joint project to reduce GHG emissions

South Korean shipbuilding major HD Korea Shipbuilding & Marine Engineering (HD KSOE) has signed an agreement with compatriot Korea East-West Power and Korean small and medium businesses (SMEs) to develop a joint project aimed at reducing greenhouse gas (GHG) emissions in the shipping industry.

about 2 years ago
Carnegie brings MoorPower demonstrator back to shore for maintenance
Business Developments & Projects

Carnegie brings MoorPower demonstrator back to shore for maintenance

Following the initial phase of operations offshore North Fremantle in Western Australia, Carnegie Clean Energy has brought its MoorPower demonstrator back to port for inspection and maintenance, with redeployment expected in several weeks. At the beginning of the year, Carnegie deployed the MoorPowe

about 2 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Business Developments & Projects

Equinor gets ready to spud North Sea pair in June

Equinor has secured a drilling permit from the country’s authorities for two exploration wells in the North Sea off the coast of Norway.

about 2 years ago
Source: ExxonMobil Singapore
Business Developments & Projects

New low-carbon lab launched in Singapore to help usher in cleaner future

A new corporate lab has been established in Singapore to create solutions leading to lower carbon emissions and a more sustainable future.

about 2 years ago
Lloyd’s Register approves H2SITE’s on-board ammonia cracking technology
Business Developments & Projects

Lloyd’s Register approves H2SITE’s on-board ammonia cracking technology

H2SITE has received approval in principle (AiP) from Lloyd’s Register (LR) for its AMMONIA to H2POWER technology for on-board ammonia cracking.

about 2 years ago
Brunvoll
Business Developments & Projects

France: Brunvoll propulsion picked for ‘world’s largest’ sailing ships

French shipbuilder Chantiers de l’Atlantique has chosen Norwegian company Brunvoll to supply the main propulsion for Orient Express Silenseas’s new wind-powered cruise vessels.

about 2 years ago
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