OX2 and the Swedish Meteorological and Hydrological Institute (SMHI) have teamed up to examine how by-product from the hydrogen production at OX2’s two offshore energy parks can oxygenate the Baltic Sea. SMHI, together with OX2, has been approved research grant from the Swedish Environmental Protect
Australia’s government has been urged to target new gas supply to avoid forecast shortages and ease cost-of-living pressures.
Hamburg-based energy company Mabanaft has received grant approval from the German Projektträger Jülich for the potential construction of a new green methanol plant in Port Augusta, South Australia. In cooperation with Australian renewable energy company Vast, Mabanaft intends to build a solar methan
Following the offshore trunkline installation incident at the end of January, Italian oilfield services provider Saipem has received approval from the Australian Commonwealth regulator National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) that the Castorone vessel may r
The Republic of the Marshall Islands (RMI) Maritime Administrator has awarded an Approval in Principle (AiP) to Anemoi Marine Technologies for their rotor sail systems. The AiP was issued after a comprehensive review of a 210,000 dwt Newcastlemax bulk carrier designed by Shanghai Merchant Ship Desig
Reach Subsea has reported record-high numbers for the fourth quarter of 2023 and the whole year, with all parameters driven by growth, improved pricing, and strong project execution. Reach Subsea’s revenue for Q4 2023 grew by 45% to NOK 474 million ($44.5 million), whereas EBIT grew by 130% to NOK 7
Japanese shipping company Mitsui O.S.K. Lines (MOL) has teamed up with Australian energy major Woodside and South Korea’s HD Korea Shipbuilding and Offshore Engineering (HD KSOE) and Hyundai Glovis to study the development of shipping solutions for bulk marine transportation of liquid hydrogen. Wood
Noble Corporation has found more work for one of its jack-up rigs off the coast of the Netherlands, where the rig is currently carrying out drilling operations.
Dutch bunker supplier Titan has marked its debut in the United Kingdom (UK) with a liquefied natural gas (LNG) bunkering operation in Dundee, Scotland. On February 1, Titan’s recently chartered LNG carrier Alice Cosulich delivered 345 metric tons of LNG to the vessel Living Stone from the DEME Group
Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK) has allocated €3.53 billion for the country’s hydrogen importing mechanism, H2Global Foundation, to fund future auctions for renewable hydrogen and its derivatives. On February 12, H2Global issued a statement saying that BMWK
Danish company Wavepiston has installed its first full-scale energy collector on its wave energy system offshore the Canary Islands. Wavepiston reported that it had on February 8 installed its first full-scale energy collector on the Wavepiston string at the Oceanic Platform of the Canary Islands (P
Deltamarin and BAR Technologies have unveiled a new wind-optimized hull design named Aquilo, showcasing a practical step toward sustainable ship design. Specifically tailored for Aframax/LRII vessels, Aquilo represents an advancement in overall performance by integrating advanced hull design with BA
The world’s largest cruise company, Carnival Corporation & plc, has signed an agreement with German shipbuilder Meyer Werft for the construction of a new LNG-fueled Excel-class cruise ship. This is the first newbuild order placed by Carnival Corporation in five years. It will be the tenth Excel-clas
Norway-based ocean services provider DeepOcean has entered the Guyana market with what it says is its first major contract with ExxonMobil in the Americas. Under this contract, DeepOcean is to plan and carry out a range of subsea activities, including subsea construction and jumper installations, an
