In recent years we have seen a number of companies active in the offshore energy sector pledging to reach the net-zero emissions status by a certain point in the future. This week we reported on the first time an offshore company had pledged to go ‘beyond net-zero’. The international oil and gas exp
The OGA is encouraged by the record low level of flaring in the North Sea, as it has fallen to the lowest one ever tracked on the UKCS.
Norwegian technology company Kongsberg Maritime (KM) has been commissioned to supply a complete propulsion and control system package for a forthcoming Scandlines zero-emissions vessel.
Classification society Bureau Veritas (BV) has awarded approval in principle (AiP) to InfraCore Company for its design, modelling, production and testing of a full glass fibre-reinforced polymer (GFRP) rudder flap for an 18,500 TEU containership.
Greek cable manufacturer Hellenic Cables has submitted its near and long-term net-zero targets to the Science Based Targets initiative (SBTi), aiming to halve its scope 1 and 2 emissions by 2030 and cut scope 3 emissions by 25% within the same timeframe. Hellenic Cables has committed to a 50% reduct
Japan’s first LNG-fueled ferry has been launched and named at a local shipyard, shipping company Mitsui O.S.K. Lines (MOL) said.
North Star has inked contracts totalling over $133 million, marking its most sizeable ERRV order book in recent years.
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK), its group company Monohakobi Technology Institute (MTI) and Finnish maritime consulting and engineering firm Elomatic Oy have completed the development of a concept design for an ammonia-fuel ready LNG-fueled vessel (ARLFV) for the trans
ConocoPhillips has sold its oil and gas assets in Indonesia for $1.35 bln to Medco Energi in a bid to amass more clean energy sources.
Neptune Energy has set a new target to store more CO2 than is emitted from its operations and the use of its sold products by 2030.
Aibel has completed the construction of the second P2 processing platform for the Equinor-operated Johan Sverdrup project located off Norway.
Germany’s bank KfW IPEX-Bank is providing a €29 million (about $32 million) loan for the financing of three 4,250 dwt ECO cement carrier newbuildings for Cyprus-based shipping company Eureka Shipping.
The Danish Environmental Protection Agency (DEPA) has issued a new environmental permit for the Baltic Pipe project, allowing Energinet to restart construction on parts that have been on pause since spring last year. Construction on parts of the project in the eastern part of the Jutland peninsula a
GTT, Alwena Shipping and CHI Zhoushan have received AiP from BV for a new concept, combining LNG retrofit and jumboization applied to large containerships.
