South Korean shipbuilding giant HD Hyundai has developed its own low-carbon electric propulsion system for very large crude carriers (VLCCs).
Major energy transition-related updates came from Nordic countries this week. An energy island for large-scale green hydrogen and offshore wind production has been proposed in Åland (Finland). Denmark has just selected winners of its first Power-to-X tender. The first containership to be powered by
A total of 14 orders for methanol-powered ships were recorded in October as demand for alternative fuels in the maritime industry continues to rise in line with the ever-stringent regulatory landscape, data from DNV’s Alternative Fuel Insights (AFI) database shows. Some of the most recent orders saw
Construction works have commenced on the Celtic Interconnector that will link Ireland and France. The project is being developed by the Irish transmission system operator (TSO) EirGrid and its French counterpart Réseau de Transport d’Electricité (RTE). EirGrid reported today, November 3, that constr
With the number of offshore rigs on a downward trajectory, Baker Hughes’ international rig count report shows five units less in October 2023 than the month before
ExxonMobil has wrapped up the acquisition of Denbury and expanded its low-carbon business and CO2 pipeline network in the United States.
Mitsui & Co., through Japan Arctic LNG (J-Arc), has invested in Arctic LNG 2 LLC, the operating company for the Arctic LNG 2 project in Russia. Japan Arctic LNG is a Dutch corporation 75% owned by Japan Organization for Metals and Energy Security (JOGMEC) and 25% owned by Mitsui. On November 2, the
Wave energy technology developer CorPower Ocean has received ISO 9001 certification through DNV – one of the leading global providers of accredited management systems certification and training.
Wagenborg Offshore has taken into service a subsea support vessel following the conversion from a platform supply vessel (PSV). The Kingsborg subsea support vessel is custom-made and specialized to support subsea activities and decommissioning works in the southern North Sea in a long-term agreement
Dutch maritime technology company Value Maritime has signed its first CO2 capture and storage (CCS) review and approval for four newbuild container vessels with the US-based classification society the American Bureau of Shipping (ABS).
BOEM has delayed the next offshore oil and gas lease sale for acreage in the Gulf of Mexico, pending further direction from the court.
The first electric tugs in SAAM Towage’s fleet, built by the Turkish shipyard Sanmar, passed the final sea acceptance trials and bollard pull tests in Istanbul’s Tuzla Bay, Chile-based tug provider said. At full capacity, the new ElectRA 2300SX units, designed by Canada-based Robert Allan Ltd., are
Norwegian state-owned energy giant Equinor has made a new oil and gas discovery in the North Sea off Norway.
Shell has joined its peers in posting solid operating and financial performance for the third quarter of 2023.
