Tokyo-based shipping company Mitsui O.S.K. Lines (MOL) has won approval in principle (AiP) from classification societies Det Norsk Veritas AS (DNV) and the American Bureau of Shipping (ABS) for a liquefied CO2 (LCO2) carrier. Additionally, ABS has granted an AiP for a floating storage and offloading
Wheels are in motion to put better safeguards in place to protect U.S. taxpayers from being forced to pay decommissioning costs.
The EU-Interreg North Sea Region project, known as ‘WASP: Wind Assisted Ship Propulsion,’ has concluded with the retrofitting of five commercial vessels with wind-assist systems. As part of the project, three different wind propulsion technologies were rigorously tested, with third-party validations
Malaysia’s Yinson has secured another long-term contract extension for an FPSO, which is working offshore Vietnam.
Swedish-Israeli onshore wave energy company Eco Wave Power has set out plans to launch a share repurchase program in an effort to improve its capital structure and investment value.
Aker BP has revealed some of the benefits that its two recently greenlighted major developments off Norway are expected to bring.
Norwegian provider of shortsea RoRo transportation United European Car Carriers (UECC) has bunkered sustainable biofuel on a time-chartered vessel in collaboration with Dutch biofuel provider GoodFuels and vessel owner NYK. GoodFuels delivered the B30 blend, 470 tonnes of VLSFO and sustainable biofu
TechnipFMC has secured a significant iEPCI contract with OMV for a gas development project on the Norwegian Continental Shelf (NCS).
Japanese shipping company Mitsui O.S.K. Lines (MOL) has entered into a lease agreement for three new LNG carriers with Bank of Communications Financial Leasing Co (BOCOM Leasing). The three 17,400 cbm LNG carriers are under construction at Hudong-Zhonghua Shipbuilding (Group). The lease has been car
Japanese heavyweights Mitsubishi Shipbuilding Co., Ltd. and Nippon Yusen Kabushiki Kaisha (NYK Line) have secured an Approval in Principle (AiP) for their jointly developed ammonia and liquefied CO2 (LCO2) carrier from ClassNK. The vessel is designed to carry both ammonia and LCO2 safely and economi
TotalEnergies has handed out a long-term deal to Denmark’s Semco Maritime for the provision of field support personnel.
Transocean has secured another long-term contract in Australia for a semi-submersible rig that has been in idle mode since October 2022.
TotalEnergies and Malaysia’s Petronas are taking steps to jointly pursue decarbonisation with carbon capture and storage and renewables.
After looking into circumstances surrounding an injury during offshore energy operations, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) has come up with four recommendations.
