Despite prolonged disruptions in the container shipping industry, Taiwanese shipping company Yang Ming has reported a profitable second quarter of 2024 and unveiled further ship acquisitions to meet its emission reduction targets.
Three UK companies have deployed three subsea battery-powered control systems offshore Canada that are said to maintain the integrity of the subsea electrical infrastructure when topside electrical power is unavailable.
The UK-Belgium joint venture established last year has begun offshore operations and has already passed milestones for a project in Senegal that is part of a program that aims to revolutionize the country’s power infrastructure and provide sustainable electricity to millions of people. Under a $200
Seatrium partnered with Nanyang Technological University to advance green and sustainable solutions in the offshore and marine (O&M) sector.
German energy company RWE has started green hydrogen production at its 14 MW pilot electrolyzer plant in Lingen, Germany.
UK energy market regulator Ofgem has selected what is set to become Great Britain’s longest-ever subsea connection as the first project to proceed under its fast-track process and to receive a £3.4 billion funding package. Eastern Green Link 2 (EGL2) is the first of 26 projects to complete the fast-
Leveraging strong demand for LNG, Stabilis Solutions is finalizing plans to build a dedicated LNG bunkering facility on the U.S. Gulf Coast.
Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) revealed a 13.3% reduction in the Carbon Intensity Indicator (CII) across all segments of its fleet compared to a 2019 baseline.
Perth-headquartered InCapture has secured a permit for a carbon capture and storage (CCS) assessment project on the North West Shelf in Australia, aiming to launch a fully operational CCS project by the early 2030s. The greenhouse gas assessment (GHG) permit G-15-AP spans an area of over 6,500 km2 a
Heerema Marine Contractors has completed the installation of a gas platform in the North Sea that is set to be powered by offshore wind as part of a project operated by Dutch exploration and production player ONE-Dyas. Following the discovery of the N05-A field in August 2017, ONE-Dyas secured the f
H2Terminals and the London P&I Club have signed a memorandum of understanding (MoU) under which the two parties will cooperate to evaluate and develop insurance solutions for the shipping of green hydrogen.
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has entered into a partnership with Florida Atlantic University (FAU) for the further testing of its flagship underwater vehicle Aquanaut Mark 2. The partners will perform vehicle development testing in protecte
U.S. offshore engineering and construction player McDermott and the integrated oil and gas training institute in Malaysia, TAS Institute of Oil and Gas (TAS), have signed a memorandum of understanding (MoU) for cooperation on research and development, training, capacity building, and institutional d
Petronas Carigali Nile Limited (PCNL) is withdrawing from the Republic of South Sudan as part of its long-term investment plan.
