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.
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
Brazilian state-owned oil and gas giant Petrobras has notched new emissions reduction milestones, thanks to two of its giant fields in the pre-salt of the Santos Basin recording emissions below the world average last year.
The new ro-pax vessel Finnsirius, part of Finnlines EUR 500-million Green Investment Programme, was named at a festive ceremony in Naantali on 13 September 2023. Following the tradition at maritime namings, ship’s godmother Tiina Ahola, representing the Ahola Group, broke a bottle of champagne again
Prysmian has begun horizontal directional drilling (HDD) works that will allow the subsea cables for the first-ever energy link between the UK and Germany to be brought on land. Led by global investors Meridiam, Allianz Capital Partners, Kansai Electric Power and TEPCO, NeuConnect will become one of
Sempra Infrastructure, a subsidiary of U.S. major Sempra, has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG (PALNG) Phase 1 project to investment management company KKR. The transaction results in Sempra Infrastructure retaining a controlling 28% indirect inte
Petrobras has welcomed the arrival of an FPSO, which will work on the company’s giant oil field in the Santos Basin offshore Brazil.
