Northern Xplorer, a recently established Norwegian cruise venture, and Portuguese shipbuilder West Sea have signed a letter of intent (LoI) for the construction of the company’s maiden vessel that will sail emissions-free.
Saipem and Worley have backed an industry initiative, which aims to eliminate methane emissions from the oil and gas industry by 2030.
Oil major Chevron, through its affiliate Chevron Australia, has been granted interest in three greenhouse gas assessment permits offshore Australia as part of joint ventures established to develop the projects.
Chevron New Energies, Chevron’s unit focussing on low-carbon fuels and Crowley, US-based shipping and logistics company, will be funding hydrogen technology company Zero Emission Industries (ZEI) after the first close of its Series A funding round. ZEI, formerly Golden Gate Zero Emission Marine, was
Swedish sustainable solutions provider Alfa Laval and Swiss engine designer WinGD have established a joint programme in which Alfa Laval will develop the fuel supply system for WinGD methanol engines.
Canadian energy storage solutions provider Shift Clean Energy has joined forces with a Norwegian vendor and system integrator of electric propulsion STADT to deliver sustainable propulsion and energy storage solutions to the marine industry.
The representatives of a number of European energy industry associations and universities have issued a joint letter, urging for the adoption of a European-wide 45% or higher renewable energy target by 2030 to counteract rising energy prices.
Rystad Energy forecasts that global oil and gas exploration spending and activities are expected to shrink even further this year.
Norwegian tanker operator Stolt Tankers and compatriot technology company Yara Marine Technologies have signed an agreement to equip a further seven tankers with Yara Marine’s FuelOpt propulsion optimisation technology.
Reach Subsea has secured new contracts amounting to over NOK 200 million (around €20 million) in total, including an “important strategic” contract in Brazil. According to the Norwegian company, the contract in Brazil is the first result of a strategic partnership with a Brazilian offshore company.
Finnish technology group Wärtsilä and Luxembourg-based logistics provider CLdN have jointly developed a hybrid design for two new roll-on/roll-off (RoRo) vessels.
Walk2Work Solutions (W2W Solutions) has been launched in Aberdeen to optimise walk-to-work marine operations and offshore work campaigns.
Despite all the talk about the future of carbon-neutral fuels the industry is ‘bombarded with’ on a daily basis, deadlines for completion of certain projects are being pushed continuously further perpetuating the uncertainty surrounding their availability, says Rolf Haben Jensen, CEO of Hapag-Lloyd,
A survey commissioned by RenewableUK has shown an overwhelming public support for building new renewable energy projects across the UK to tackle the cost of energy crisis.
