South Korean fuel cell developer Doosan Fuel Cell has signed a Memorandum of Understanding with Singaporean shipper Navig8 to develop fuel cells for ships. The move comes as the shipping sector embarks on a path to decarbonize in line with the ever more stringent regulations on greenhouse gas emissi
Carnegie Clean Energy has signed a memorandum of understanding with Oceantera to explore renewable energy opportunities of mutual interest in Southeast Asia region.
Total has signed a strategic framework agreement with ADNOC to explore joint research in the areas of CO2 emission reductions and CCUS.
The key economic, technical, and regulatory barriers to the early adoption of zero-emission technologies can be overcome by the first movers through collaboration, a new report developed by the Energy Transitions Commission for the Getting to Zero Coalition shows. The first wave of commercial-scale
Eni has set up a joint venture company named Vårgrønn together with Norwegian energy investor HitecVision, with offshore wind being the first item on the to-do list of the newly established business in which the Italian oil & gas major holds a 69.6 per cent stake. Namely, Vårgrønn’s first step will
Subsea technology company Seatools has completed the development, manufacturing and testing of a plough position monitoring buoy for Boskalis. Following sea trials, the buoy has been fitted onto a subsea plough for a subsea cable route clearance project. Whereas USBL is the conventional way to deter
Aker Solutions and Kvaerner have completed a merger whereby Aker Solutions has absorbed all the assets, rights and obligations of Kvaerner and Kvaerner has been dissolved. The two entities have joined forces to create a new supplier of solutions to reduce climate gas emissions from oil and gas insta
Pipe coating specialists Bayou and Wasco said they will be splitting up their joint venture, Bayou-Wasco Insulation (BWI). BWI will complete contracted projects and begin an orderly wind down in late 2021. “We plan to utilise our experienced workforce to ensure BWI projects are completed with the sa
Switzerland-based Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership.
Stolt Tankers, part of transportation company Stolt-Nielsen Limited, has entered into a joint venture with the John T. Essberger Group for the operation of their combined parcel tanker fleets trading within Europe.
Norway-based maritime solutions provider Høglund Marine Solutions has, in collaboration with Germany’s HB Hunte Engineering, developed a tank concept for LPG and CO2 transportation, based on existing technology.
The Swedish-Finnish Bothnia Bulk project has achieved a significant reduction in air pollution from maritime transport.
Bahri, a national shipping carrier of Saudi Arabia, has signed a five-year framework agreement with Saudi Arabia’s Presidency of State Security (PSS), the country’s security body.
CGG and Shearwater have agreed to suspend negotiations around creating a marine streamer equipment JV until visibility in the streamer replacement cycle improves. The companies said that decision comes due to the downturn in the oil and gas industry, triggered by the Covid-19 pandemic. Both parties
