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Mako field map
Business & Finance

Conrad’s revised plan for Indonesian gas field development gets govt approval

Conrad Asia Energy has received written approval from the Indonesian government for the POD Revision for the Mako gas field offshore Indonesia.

about 3 years ago
Prysmian expands cable-laying fleet
Business & Finance

Prysmian expands cable-laying fleet

Prysmian Group has expanded its cable-laying fleet to five vessels with the addition of the ultra-shallow-water barge Barbarossa I. With the addition of Barbarossa I, Prysmian said it can now provide the full range of subsea cable-laying solutions, from the shallowest coastal waters in Northern Euro

about 3 years ago
New Times Shipbuilding Himalaya
Business & Finance

Himalaya’s LNG-powered bulkers hit the water at New Times Shipyard

New Times Shipbuilding in China has launched two LNG dual-fuel bulk carriers being built for Bermuda-based bulk carrier company Himalaya Shipping. The two 210,000 dwt vessels, named Mount Norefjell and Mount Ita, are the first two vessels from a series of twelve newcastlemax dry bulk vessels under c

about 3 years ago
FPSO Kwame Nkrumah
Business & Finance

Sparrows to take care of cranes on Ghana FPSO

Sparrows Group has secured a two-year contract to provide crane maintenance services onboard Tullow Oil’s FPSO Kwame Nkrumah in Ghana.

about 3 years ago
Grand Canyon III to sport NES battery pack
Business & Finance

Grand Canyon III to sport NES battery pack

Norwegian Electric Systems (NES), a subsidiary of HAV Group, has secured a contract with Volstad Maritime to deliver the battery pack and associated control system for battery charging to the offshore construction vessel Grand Canyon III. NES will provide the equipment to the Grand Canyon III in con

about 3 years ago
Shofu Maru fitted with hardsail
Business & Finance

MOL: Despite teething problems, effectiveness of Wind Challenger on par with expectations

The Shofu Maru, the world’s first bulk carrier to be partially powered by wind, has completed its maiden voyage, putting the hardsail system installed onboard through its paces on a route from Japan to Australia and back. The so-called Wind Challenger system is a telescoping hardsail that harnesses

about 3 years ago
Shipping
Business & Finance

WasteFuel, Averda to produce green methanol for shipping in the Middle East

Averda, a waste management and recycling company, and WasteFuel, a developer of bio-refineries focused on converting municipal solid waste into low-carbon fuels, have announced their partnership during the COP27 Climate Conference targeting the development of the first commercial-scale municipal was

about 3 years ago
Strategic Marine's FCB
Business & Finance

Malaysian operator orders two more vessels from Strategic Marine

Singapore’s Strategic Marine has won a contract to deliver two Fast Crew Boats (FCB) to Malaysia’s Centus Marine.

about 3 years ago
Construction begins on JDR's new subsea cable factory
Business & Finance

Construction begins on JDR’s new subsea cable factory

JDR Cable Systems has begun the construction of its new subsea cable manufacturing facility in Cambois, near Blyth, Northumberland. The 69,000 sqm factory is set to deliver subsea cable manufacturing technology to the offshore wind market and is currently providing 171 local jobs for the constructio

about 3 years ago
ICS Chairman Emanuele Grimaldi with John Kerry , US Special Presidential Envoy for Climate
Business & Finance

Panama, Uruguay, and Norway join Clean Energy Marine Hubs initiative at COP27

The governments of Panama, Uruguay, and Norway have signed up to the Clean Energy Marine Hubs Initiative, a worldwide cross-sector initiative aimed at catalyzing the supply of green fuels, and supporting the global energy transition. The announcement was made on Monday in Egypt at the 27th United Na

about 3 years ago
Aker BP will use the Scarabeo 8 rig
Business & Finance

Aker BP cleared to drill wildcat well in North Sea

The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for a wildcat well in the North Sea offshore Norway.

about 3 years ago
vessel at DP World terminal
Business & Finance

DP World earmarks $500 million to cut CO2 emissions across its business

Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next five years. The move was announced by the company’s Chairman and Group CEO, Sultan Ahmed Bin Sulayem while he was addressing delegates at the

about 3 years ago
New gas discovery off Israel for Energean
Business & Finance

New gas discovery off Israel for Energean

Oil and gas company Energean has made another commercial gas discovery in an exploration well offshore Israel.

about 3 years ago
Shell signs ‘large’ cellulosic ethanol deal with Raízen amid growing sustainable fuel demand
Business & Finance

Shell signs ‘large’ cellulosic ethanol deal with Raízen amid growing sustainable fuel demand

Energy giant Shell has entered into a long-term agreement with Brazil’s Raízen to buy a total of 3.25 billion litres of sugar-crane cellulosic ethanol in a bid to meet growing demand for sustainable fuels. According to Shell, the low-carbon fuel is expected to be produced by five plans that Raízen p

about 3 years ago
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