The Port of Galveston has secured a $1 million grant for a shore power pilot project in partnership with Texas A&M University at Galveston aimed at reducing emissions from cargo shipping operations. Funded by the Texas Commission on Environmental Quality (TCEQ), the pilot will include establishing a
U.S.-headquartered oil and gas exploration and production company Kosmos Energy has made a new oil discovery in the U.S. Gulf of Mexico.
Athenian Sea Carriers, a Greek shipping company, has exercised options for the construction of four eco-chemical tankers at the Chinese shipbuilding company Wuchang Shipbuilding Industry Group. These vessels, with a deadweight of 18,500 tons (dwt), are set to meet the highest environmental standards
UK-based and AIM-listed oil and gas company Baron Oil is planning to kick off the drilling of an appraisal well at a block offshore Timor-Leste in late 2024.
Swiss commodity trading group Trafigura has made an agreement with compatriot H2 Energy Holding founders to increase its shareholding in H2 Energy Europe to become majority owners, with the founders retaining minority ownership. In addition, Trafigura said the company retains its support for and min
New poll shows the majority of British people are in favor of hastening the UK’s net-zero aspirations, thus, more green policies are seen as a safe bet for winning incoming elections.
Oceaneering International has secured a contract from Brazilian state-owned oil and gas giant Petrobras for the operation of drill pipe riser (DPR) systems in Brazil. Oceaneering’s wholly owned subsidiary Marine Production Systems do Brasil Ltda. won a five-year contract with Petrobras for the opera
Classification society RINA has announced the start of the six-year research Hydra project, which by 2025, aims to create a 100% hydrogen-fueled pilot plant capable of producing up to seven tons of steel per hour, with a significant reduction in carbon emissions. The €88 million Hydra initiative is
The European Commission will not extend the EU legal framework exempting liner shipping consortia from EU antitrust rules, known as the Consortia Block Exemption Regulation (CBER). This decision comes after a review process initiated in August 2022, with the CBER set to expire on April 25, 2024. The
Greek ballast water treatment specialist ERMA FIRST has won Lloyd’s Register’s Approval in Principle (AiP) for its amine absorption-based carbon capture & storage (CCS) system. The system uses absorption technology to mix carbon dioxide (CO2) flue gases with a proprietary amine solvent, which is the
Reach Subsea has secured a contract with SSEN Transmission to carry out a survey for an HVDC transmission link offshore Scotland. The contract constitutes a detailed corridor survey for the Spittal to Peterhead HVDC power cable. The data will be used for detailed engineering and environmental assess
Former semi-submersible drilling rig, which was turned into an FPF, is going to be decommissioned at the UK’s Kishorn Port (KPL).
Maritime fuel supplier Peninsula has won an LNG bunkering operator license from the Government of Gibraltar and the Gibraltar Port Authority. The company recently sent its new 12,500 cubic meters LNG supply vessel, Levante LNG, to the Strait of Gibraltar. Levante LNG will be operated by Peninsula, s
Turan Drilling & Engineering has secured a long-term contract extension worth $300 million for work on eight platforms off Azerbaijan.
