EverLoNG ship-based carbon capture project partners Bouman Industries and Conoship International have signed an agreement to create a joint venture that would build ship-based carbon capture (SBCC) systems. The new partnership, called Carobotreat Maritime, aims to use its combined expertise to help
Aker BP and Equinor have found more oil in one well drilled in the North Sea, using Odfjell Drilling’s semi-submersible rig.
China-based provider of clean energy services Wison New Energies, formerly known as Wison Offshore & Marine, has initiated the design validation and pre-FEED phase for two floating LNG (FLNG) projects in Nigeria. Following the signing of the contract and disbursement of mobilization funding, Wison N
Japan-headquartered Sumitomo Electric Industries has received approval for its plans to establish a power cable factory in Scotland. The Highland Council’s north planning applications committee approved the planning permission for the new high-voltage cable factory near Inverness last week. The deve
Danish container shipping major A.P. Moller – Maersk has announced that compatriot retail company Flying Tiger Copenhagen will join its roster of customers utilizing the ECO Delivery solution for ocean freight transport, beginning in 2024. The strategic move aims to significantly curb Flying Tiger C
Africa Oil Corp. has tucked the final approval under its belt for the acquisition of additional interest in a block it operates in the Orange Basin off South Africa.
Corvus Energy, a supplier of zero-emissions energy solutions or maritime, offshore, and port applications, has secured an investment from Woven Capital, Toyota’s growth fund, to speed up the development of its battery storage and hydrogen fuel cells and expand its geographical footprint. Corvus and
Reach Subsea has increased its order backlog by securing new contracts, extending existing ones, and receiving call-offs within current frame agreements in the North Sea and the Americas region. Reach Subsea has landed contracts worth more than NOK 570 million (around $55 million), mainly starting i
Taiwanese shipping company Wisdom Lines is starting 2024 with a $80 million investment in two 84,000 dwt bulk carriers. The company revealed that its Board of Directors approved the purchase of the vessels, which are set to be constructed by Tsuneishi Group (Zhoushan) Shipbuilding Inc. in China, the
French green hydrogen producer Lhyfe and UK renewable energy developer Source Galileo have entered into a joint agreement to develop commercial-scale green and renewable hydrogen production units in the UK and Ireland. To this end, the companies signed a memorandum of understanding (MoU), aiming to
TotalEnergies is getting ready to bring on stream the Tyra II redevelopment project in the Danish sector of the North Sea in March 2024.
Magnora is setting apart its FPSO segment from the renewables business, splitting them apart due to the considerable growth in profits from renewables.
Tens of thousands of new-generation clean jobs need to be created to support burgeoning hydrogen production and the carbon capture and storage (CCS) industry in the UK’s Teesside and Humberside regions, according to Jonathan Brearley, CEO of UK energy market regulator Ofgem. Following visits to CCS
Hong Kong-based bunker service provider Chimbusco Pan Nation Petro-Chemical (CPN) has supplied 800 metric tons of ISCC-EU certified B24 marine biofuel to a vessel owned by Japanese shipping company NS United Kaiun Kaisha.
