Surging oil, gas and power prices together with the EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.
Ithaca Energy, owned by Israeli Delek, has reached an agreement to acquire Siccar Point Energy, the operator of the Cambo oil project.
The first steel plates for Scandlines’ new zero-emission ferry were cut at the Cemre shipyard in Turkey on 4 April 2022.
In light of the war in Ukraine and amid rising concerns over energy security, the UK government has moved to strengthen its energy security.
After several delays, the government of Canada has approved the Equinor-operated Bay Du Nord offshore oil project.
A 1,036 TEU containership has reduced its greenhouse gas (GHG) emissions by 27% by operating on a blend of climate-neutral, synthetic natural gas (SNG) and conventional liquefied natural gas (LNG), compared to LNG alone.
DOF Subsea has achieved a 99% rate for the combined recycling and repurposing of recovered materials on its decommissioning project at the Buchan and Hannay fields in the Central North Sea. The offshore works, carried out using Skandi Acergy and Skandi Skansen, included the recovery of 135 concrete
A cross-boundary project involving science and industry experts has landed €3.4 million ($3.7 million) from an EU climate action fund to accelerate the uptake of ship-based carbon capture (SBCC) by international shipping companies.
The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.
Integrated energy company Chevron has entered into an agreement to join the Global Centre for Maritime Decarbonisation (GCMD) and help support the centre’s efforts to develop potentially scalable lower carbon technologies.
DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.
MPA and K Line will participate in the feasibility study jointly conducted since March 2021 by the SABRE consortium with the aim to establish a ship-to-ship based ammonia bunkering in the Port of Singapore, the largest bunkering port in the world.
A consortium, led by the Global Maritime Forum, is planning to assess the development of an iron ore green corridor between Australia and East Asia in an effort to decarbonise the maritime sector.
Chariot, an Africa-focused transitional energy company, has signed a memorandum of understanding (MoU) with the Dutch Port of Rotterdam International, a global energy hub and Europe’s largest seaport which handles a significant portion of Europe’s total energy demand.
