Danish shipping company Norden has inked a deal with Teck Resources Limited, one of Canada’s largest mining companies, to reduce CO² emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or up to 6,700 to
Fugro Middle East has placed an order with an Australia-headquartered company for video streaming technology for its uncrewed surface vessel (USV) operations. Perth-based Harvest Technology Group reported that it had secured its first order from Fugro Middle East for its hybrid Nodestream and Remote
ExxonMobil has handed out a contract for a hydraulic workover unit and services, including plug and abandonment work to Malaysia’s Velesto.
Belgian tanker shipping major Euronav has entered into a deal to buy a Very Large Crude Carrier (VLCC) newbuild from an undisclosed party, paying $112.2 million for the vessel. Under the deal, the company has an option for an additional VLCC newbuild. Euronav said that it has two months to decide wh
Jadestone Energy has awarded a contract with an estimated combined contract value of $6.1 million to Malaysia’s Velesto.
Valaris has confirmed that one of its jack-up rigs is en route to its upcoming drilling assignment in the UK sector of the North Sea.
The UK government recently set out plans to scale up the deployment of renewables, ramp up nuclear and maximise the oil and gas production.
Dubai-based port operator DP World expects to add approximately 3 million Twenty-Foot Equivalent Units (TEUs) of new container handling capacity by the end of the year. The company currently manages approximately 9% of the world’s handling capacity, putting it among the top five global port operator
Advanced Ionics, a developer of hydrogen electrolyzers, has closed a $12.5 million series A financing led by energy major BP Ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries (MHI) and GVP Climate. The new capital is expected to help catalyze Advanced I
Diamond Offshore has made progress on its sustainability quest to curb its GHG emissions while working to meet global energy demand.
Just shortly after news that the North Sea Transition Authority (NSTA) awarded a license for a carbon capture and storage (CCS) project to Perenco UK and Carbon Catalyst as part of its first competitive carbon storage license round, Wintershall Dea announced it had won one as well. Wintershall Dea’s
APM Terminals Pipavav (GPPL – Gujarat Pipavav Port) commenced very large gas carrier (VLGC) operations with the maiden berthing of MT Jag Viraat, owned by Great Eastern Shipping, earlier this month. The VLGC vessel MT Jag Viraat loaded cargo from Ruwais, ADNOC Refinery Jetty, and discharged 21,907 M
An inspection program of the Balgzand-Bacton Pipeline (BBL) between the Netherlands and the UK is set to be carried out next month after the completion of previously announced maintenance. As announced, BBL Company’s annual planned maintenance period of the BBL facilities will take place during six
U.S.-based Commonwealth LNG has closed an investment of development capital from private funds managed by Kimmeridge Energy Management Company, boosting the development of its LNG export project in Louisiana, U.S. The investment is said to complete the development funding required for Commonwealth L
