Keppel LeTourneau has joined forces with Saudi yard IMI to help it strengthen its rig building capabilities.
In recent weeks, a series of historic declarations have been signed across Europe to accelerate offshore renewables, which are – according to CorPower Ocean – unleashing a wave of opportunities in the ocean energy sector.
UAE-based ADNOC Drilling has signed an agreement to acquire an additional two premium offshore jack-up drilling units.
The NEMMO research project is entering its final stage with progress made on the development of novel test rigs and composite materials for tidal turbine blades.
Chinese power cable specialist Orient Cable (NBO) has revealed its commitment to the Science Based Targets initiative (SBTi) by setting targets to reduce greenhouse gas emissions. In terms of near-term targets, NBO said it had committed to achieving scope 1 and 2 targets that are in line with a 1.5°
World Ports Climate Action Program (WPCAP), a working group that focuses on taking actions against climate change in the maritime sector, has provided updates on current progress and made agreements on how to proceed with the various processes, especially the development of shore power and alternati
Japanese shipping company Mitsui O.S.K. Lines (MOL) has joined the First Movers Coalition (FMC), an initiative established to boost demand for decarbonization technologies at COP26 held in November 2021.
The keyword in energy transition is transition, a process that often involves constant tweaking and going back and forth between the gains and benefits of the old, and the betterment that will come with the new. In the energy sector, this is reflected in the moves of governments, and developments an
The British-Dutch biofuel producer Argent Energy is expanding its second-generation biodiesel production capacity in the Port of Amsterdam to contribute to sustainable shipping and road transport.
Danish ferry and logistics company DFDS aims to accelerate the company’s green transition from incremental steps to full climate neutrality.
SK E&S and Beijing Gas have signed a strategic cooperation agreement to work on LNG and hydrogen projects in China.
ONGC intends to invest up to $4 bln in the next three years in a push to deliver on its bold new roadmap to boost its exploration activities.
The US Department of Energy (DOE) has allocated $2.6 million for 13 marine energy and hydropower projects as part of its program that supports research and innovation in small businesses.
AET has brought in the third and final Suezmax DP2 shuttle tanker, purpose-built for a long-term charter with Shell for operations in Brazil.
