The Finnish technology group Wärtsilä has partnered up Capital Gas Ship Management Corp. to develop a new Fleet Decarbonisation Programme aimed at boosting the efficiency of the company’s LNG carrier fleet. The agreement was signed in June 2022 and will be applied to a fleet of six 174,000 cbm LNG c
MODEC and Aibel have picked Axess Group for work on an FPSO bound for an Equinor-operated field off Brazil.
Sharing space on vessels contributes to the reduction of transport emissions, increases competitiveness, and improves efficiency to cut costs, top shipping industry bodies told the European Commission, asking for the renewal of the Consortia Block Exemption Regulation (CBER). The regulation, which e
The business combination between Noble Corporation and Maersk Drilling has been completed, creating “a new and dynamic leader in offshore drilling.”
European shipowners, ports, the cruise sector, shipyards and equipment manufacturers, fuel suppliers, shippers, forwarders and port operators have joined forces and called on the Member States and the European Parliament to earmark the revenues generated from the inclusion of the shipping sector in
bp Trinidad and Tobago (bpTT) has decided to proceed with the development of its Cypre offshore gas project located off Trinidad and Tobago.
Green corridors are coming forth as the central link that is expected to facilitate the shipping industry’s transition to alternative fuels and full-scale decarbonization. Several green corridors are already in the making linking ports within Europe or those connecting Europe with Asia and America.
UK government plans to accelerate various energy projects, including five oil and gas as well as several CCS, hydrogen, and offshore wind projects.
Equinor has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea, using one of Odfjell Drilling’s rigs.
Vaalco Energy has received approval for its plan of development (POD) for a discovery located on Block P in Equatorial Guinea.
At a recent UN General Assembly, Vanuatu called for a treaty to end the fossil fuel era and accelerate a transition to low-carbon energy.
Ineos and its partners have made a final investment decision (FID) on the development of an oil and gas project in the Danish North Sea.
Talos Energy has announced the execution of definitive agreements to acquire EnVen Energy Corporation for $1.1 billion.
The UK government has lifted the moratorium on shale gas production in England and confirmed its support for a new oil and gas licencing round.
