BCG Digital Ventures (BCGDV), a California-based digital business-building and corporate innovation arm of Boston Consulting Group (BCG), and Malaysia’s shipping company MISC Group have unveiled a co-investment in three ventures to disrupt the maritime solutions space with deep tech.
Consortium members have agreed to back Phase 2 of the Greensand carbon capture and storage (CCS) pilot project, in support of Denmark’s ambitious 70 per cent CO2 reduction targets by 2030.
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), has created a strategic partnership with Roll Group to strengthen its turnkey integrated logistics offering.
UK port operator Global Energy Group (GEG) has entered into an agreement with Swiss-based integrated energy company Proman to develop a renewable power to methanol plant utilising local sources of captured carbon dioxide (CO2) to be located at the Nigg Oil Terminal in the Highlands of Scotland.
Germany’s Port of Kiel is increasing its own production of climate-friendly solar energy as it equipped its cruise terminal Ostseekai with photovoltaic modules.
Norway’s cleantech company TECO 2030 has signed a letter of intent with compatriot energy company Greenstat to cooperate on relevant projects with the aim of developing a complete hydrogen value chain.
Italian oil major Eni has started production of the Cuica field, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo FPSO vessel.
Russian independent oil company Lukoil has started drilling its first exploration well at Block 12 located in the southern area of the Gulf of Mexico.
Odfjell Gas Shipowning AS, part of Norwegian shipping and tank terminal company Odfjell SE, has entered into a transaction agreement with Singapore-based ship owner and operator BW Epic Kosan Ltd. (BWEK) for the sale of two LPG/ethylene carriers.
Florida-based holding company SEACOR Holdings Inc. has wrapped up its acquisition of U.S. Shipping Corp (USSC), a privately-owned provider of long-haul marine transportation for chemical and petroleum cargoes in the U.S. coastwise trade, operating under the Jones Act.
HEGRA, a company that aims to electrify and decarbonize the ammonia plant at Herøya and enable large-scale green ammonia production, was launched in Norway on 16 August 2021.
The number of offshore rigs in the U.S. remained unchanged for the second week in a row, according to rig count reports by Baker Hughes.
The offshore energy sector has this week witnessed the unwavering nature of energy transition which is bound to continue – hopefully at an accelerated pace – as the nature itself steps up its cries for protection by employing the ‘shock and awe’ tactics which set many areas of the world ablaze due t
The US Port of Corpus Christi Authority and compatriot energy company Howard Midstream Energy Partners (HEP) have signed a memorandum of understanding (MOU) as they intend to convert Howard’s Javelina refinery services facility into the region’s first carbon-neutral hydrogen production facility.
