Norwegian dry bulk shipping company Western Bulk has taken delivery of its first carbon offset bio-blend bunker fuel (B30) from TFG Marine, a marine fuel supply and procurement joint venture between commodity trader Trafigura and shipping firms Frontline and Golden Ocean.
The world is changing fast and the offshore energy industry goes along with it.
The partnership behind the Power-to-X project ‘Green Fuels for Denmark’ has decided to bring forward parts of the project two years earlier than previously planned. The new plan involves rolling out 100 MW of the project’s originally planned second phase’s 250 MW electrolysis in 2025 instead of 2027
Greek Shipowner Avin International has taken delivery of Kriti Future, the first ammonia-fuel ready vessel in the world.
Mitsubishi Shipbuilding has established Marine Decarbonation Business Development Group responding to the energy transition strategy promoted by the group.
Hendry Marine Industries’ Gulf Marine Repair is the first U.S. Gulf Coast shipyard to become a Participant in Green Marine, the largest voluntary environmental certification program for North America’s maritime industry.
Wintershall Dea has decided to divest its interest in the Gulf of Suez concession after 38 years of production.
Italian cabling giant Prysmian Group has secured €135 million financing from the European Investment Bank (EIB) to boost its research and development (R&D) activities.
Danish-based Muehlhan has sold its oil and gas business as the company decided to focus entirely on the renewable energy market. Muehlhan, which provides services in the offshore wind industry, said selling its oil and gas division supported the company’s strategy to focus its investments in sustain
Canadian fuel cell supplier Ballard Power Systems has delivered two, 200 kilowatt (kW) fuell cell modules to Norwegian ferry operator Norled.
Energy major Shell increased its dividend and share buybacks following a jump in its quarterly profit driven by higher oil and gas prices.
Japanese shipping major Mitsui O.S.K. Lines (MOL) has concluded the acquisition of a 40 percent stake in Waterfront Shipping WFS), a subsidiary of Canadian methanol producer and supplier Methanex Corporation.
As it transitions to a new phase, Spirit Energy has made board and executive appointments, including the appointment of an interim CEO.
Japanese shipbuilder Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, has concluded a contract with compatriot shipping company Sanyu Kisen for the construction of a demonstration test ship to transport liquefied carbon dioxide (LCO2).
