U.S. energy major ConocoPhillips has signed a long-term commercial agreement to secure additional regasification capacity in Europe at the Gate LNG terminal in the Netherlands. The 15-year throughput deal for approximately 1.5 million tons per annum (mtpa) or 2 bcm equivalent is expected to begin in
South Korea’s flagship carrier HMM is accelerating its use of alternative fuels in line with the company’s decarbonization efforts. The company, which is currently undergoing a privatization process, has carried out a trial use of a sustainable marine biofuel on its 6,400TEU containership HMM Tacoma
TotalEnergies, Petrobras and Casa dos Ventos Holding, a joint venture between TotalEnergies and Casa dos Ventos, have signed a memorandum of understanding (MOU) to assess opportunities for joint development of low-carbon hydrogen and renewable energy projects in Brazil, including offshore wind. Unde
Monjasa, one of the world’s top 10 marine fuels suppliers, is charting a course toward a sustainable and scalable biofuel solution for the maritime sector in Latin America. As the International Maritime Organization (IMO) sets its sights on full decarbonization of the shipping industry by 2050, drop
Denmark-headquartered power cable company NKT has received approval from the Science Based Targets initiative (SBTi) for its near-term decarbonization targets, said to represent an important step towards becoming a net-zero emissions company by 2050. NKT Cables Group commits to reducing its absolute
Dutch producer and distributor of hydrogen-based products OCI Global and U.S. energy company New Fortress Energy (NFE) have signed an agreement for OCI to offtake green hydrogen from NFE’s ZeroParks beginning in 2025, following a competitive bidding process. OCI said that green hydrogen will be prod
Ocean Oilfield Integrated Solutions has started its new maintenance and upgrade assignment on a jack-up barge, which was awarded by the UAE-headquartered Gulf Marine Services (GMS).
Dolphin Drilling has emerged as the lowest bidder in Oil India Limited’s rig tender for a long-term drilling contract offshore India.
Singapore-based ship management company Eastern Pacific Shipping (EPS) has partnered with HD Hyundai Global Services on strategic digital cooperation leveraging digital solutions for carbon emission monitoring, optimising ship operations.
SBM Offshore has joined forces with Japan’s Mitsubishi Heavy Industries Ltd. (MHI) to offer a CO2 capture solution for a floating production, storage, and offloading (FPSO) vessels while they produce oil and gas from offshore reservoirs.
Maersk, a pioneering force in the shipping industry, is well on its way to completing its ambitious newbuilding program comprising 25 ships powered by green methanol. Speaking at today’s historic naming ceremony for its first methanol-powered ship, Vincent Clerc, CEO of A.P. Moller Maersk, revealed
Transocean has secured a new long-term contract for a newbuild ultra-deepwater drillship, which will enable the rig to work with a national oil company offshore Brazil.
Nauticus Robotics, a U.S.-based developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, has entered into a service contract with energy giant Shell for the use of its subsea robot. The initial scope of work covers inspection services on Shell’s subse
The European Parliament has voted to boost the deployment of renewable energy, setting the goal to increase the share of renewables in the EU’s final energy consumption to 42.5% by 2030.
