US energy tech giant Baker Hughes and Australian energy company Woodside have entered into a memorandum of understanding (MoU) to explore initiatives that may have the potential to support Woodside’s climate strategy and decarbonisation pathways. Under the MoU, the parties will identify opportunitie
Weatherford International has been assigned an upgrade in credit rating from B- to B with a stable outlook by S&P Global Ratings (S&P).
While pondering whether gas is the green choice to bolster decarbonisation, Wood Mackenzie has been reviewing Scope 1, 2 and 3 emissions.
Partners in the Corentyne block offshore Guyana have completed the previously announced agreement for the block.
Danish Shipping, Methanol Institute, and World Shipping Council are calling for increased ambition in the FuelEU, maximising GHG intensity reduction from 2035 to 2050 and supporting early use of green e-fuels. The FuelEU Maritime proposal requires ships to reduce the GHG intensity of their fuels by
Another surge of scrubber retrofit orders seems to be on the cards as owners seek to reap fruits from the VLSFO- HSFO (Hi-5) spread. The lead-up to IMO 2020 saw a peak interest in scrubber investments as shipowners lined up to get vessels retrofitted or built with scrubbers in shipyards. However, ov
Eco Wave Power has entered into an agreement with OREN Ordu Enerji for the potential construction of an up to 77MW wave energy installation in Ordu in Türkiye.
The Vancouver Fraser Port Authority is testing various low-and zero-emission fuels and technologies at the Port of Vancouver, as part of its efforts to phase out all port-related emissions by 2050. Through the Low-Emission Technology Initiative, being implemented by the port authority and the Provin
Tullow Oil has appointed its interim Chief Financial Officer (CFO) to the CFO role, effective from 1 January 2023.
With construction done, the FPSO destined for Shell’s oil & gas project off the UK is now on its way to the North Sea.
During Offshore Energy Exhibition & Conference in Amsterdam, ELA Container has expressed its support to the efforts of the Royal Dutch Rescue Society (KNRM), often referred to as ‘the lifesaver of the Dutch seas’. The company will supply a container to store and dry the KNRM survival suits for the v
The Danish fuel cell manufacturer Blue World Technologies is readying to start series production of a fuel cell-based auxiliary power unit (APU) system running on methanol intended for the maritime market. The company wants its fuel cells to replace conventional diesel generators for power supply on
The Dutch Ministry of Economic Affairs and Climate Policy (EZK) plans to combine the first four IJmuiden Ver offshore wind sites for the purpose of putting them out to tender together. This means the sites III and IV will be auctioned next year, same as the sites I and II, instead of the initially p
German oil and gas company Wintershall Dea has signed a Memorandum of Understanding (MoU) with a consortium of companies to cooperate on the development of a CO2 hub in Denmark. The consortium plans to establish a CO2 hub called Greenport Scandinavia on the Danish North Sea coast, which is, among ot
