As the race to decarbonize the industry continues it’s becoming more and more evident that green fuels are essential for the much-needed energy transition and will surely play a pivotal role in the road towards net zero. Green methanol is rapidly emerging as a transformative marine fuel, leading the
Chevron U.S.A. Inc., a subsidiary of Chevron, and technology provider Cummins have signed a memorandum of understanding (MoU) to advance their collaboration on hydrogen, natural gas, and other lower-carbon fuel value chains. The MoU expands the two companies’ previous strategic collaboration on hydr
Jadestone Energy has found the location of a small defect after it temporarily shut in production from an FPSO off Australia.
Argeo Robotics has secured a new patent from the Norwegian Industrial Patent Office (Patentstyret), this time for a subsea electromagnetic remote-sensing system for detecting buried objects below the seafloor. The patent protects Argeo’s exclusive services with the Argeo Whisper system for detecting
First liquefaction modules for Plaquemines LNG, an LNG export facility being built by Venture Global LNG in Plaquemines Parish, Louisiana, have arrived at the construction site. On 10 August, Venture Global posted a short social media update, sharing this construction milestone. Earlier this year, t
After 23 years as Chief Executive Officer, Niels G. Stolt-Nielsen will step down from his role as CEO of Stolt-Nielsen, a Norwegian company specializing in chemical and bulk liquid transportation and storage, on September 1, 2023. He will be succeeded as CEO by Udo Lange and will assume the role of
Norwegian offshore safety regulator has carried out an audit of Transocean Services and its processes for following up certification and recertification of drilling blowout preventers (BOPs) with control functions.
In its Q2 2023 report, Golar LNG, owner and operator of LNG midstream infrastructure, has announced growth in its FLNG business. The company revealed that conversion works on FLNG Gimi are 97% complete, with the floater scheduled to leave the yard in September 2023. Final checks, storing up and sea
Professor Ron Loveland, Energy Advisor to the Welsh government, has shared his expert opinion on the future of marine energy sector in Wales.
TDI-Brooks has added a new 75-meter-long research vessel to its fleet that is set to perform subsea services once it completes a retrofit program. Nautilus, formerly Nautical Geo, offers offshore assistance with subsea services, construction aid, exploration, production, remotely operated vehicle (R
South Korea’s flagship carrier HMM has signed a new shipbuilding order with China State Shipbuilding Corporation’s subsidiary Huangpu Wenchong for four 38,000-ton multi-purpose heavy-lift ships. Designed by the Shanghai Merchant Ship Design and Research Institute (SDARI), the vessels will be equippe
Equinor has secured a drilling permit from the country’s authorities for two wells in the Norwegian Sea.
The container shipping industry is grappling with a complex challenge – an overcapacity crisis. The surge in new containerships ordered during the pandemic, coupled with supply chain normalization at major ports and inland regions, has led to a flood of capacity that is profoundly disrupting the equ
Deliveries of new container ships during the first seven months of the year reached a new record high of 1.2 million TEU in 2023, beating the previous record by 0.2 million TEU, data from BIMCO shows. As recycling of ships has remained low, the fleet capacity has grown 4.3% since January. The contra
