Wood has marked a year of strategic growth in the Middle East region after accumulating $580 million of secured backlog in 2021.
Collaboration is key in order to achieve the aspirational decarbonization goals set out by the shipping industry, according to Soren Toft, CEO of Swiss container shipping major Mediterranean Shipping Company (MSC).
McDermott and CSIRO have joined forces to advance carbon capture solutions in a quest to bring the industry closer to a net-zero future.
Norwegian cleantech company TECO 2030 and its compatriot energy firm Gen2 Energy have signed a memorandum of understanding (MoU) to cooperate on relevant projects where green hydrogen is needed for fuel cells.
Global oil & gas investments will expand by $26 bln this year as the industry continues its recovery from the pandemic, Rystad Energy says.
Nakilat, a Qatari LNG shipping operator, has formed a partnership with the classification society American Bureau of Shipping (ABS) with the aim of developing a decarbonisation strategy.
CNOOC’s 2022 Business Strategy and Development Plan seeks to increase profit and oil & gas production while advocating green initiatives.
Danish Shipping has unveiled a new strategy for the next three years in an effort to accelerate the global green transition of shipping.
Westwood Energy and its energy transition team gave us their views on the main trends that oil and gas firms should watch in 2022.
California’s Governor Gavin Newsom unveiled a state budget proposal for the 2022-2023 fiscal year on 10 January, following the revision issued in May 2021 which dedicated $20 million for offshore wind activities. The budget proposed now raises this to $45 million. The $2 billion budget for the Clean
Japanese shipping major Mitsui O.S.K. Lines (MOL) and compatriot general trading firm ITOCHU Corporation have acquired approval in principle (AIP) from classification society ABS for an ammonia bunkering vessel.
McDermott has confirmed a recent contract award with QatarEnergy, saying it is one of the largest single contracts McDermott has been awarded in its company history. The structures will be fabricated in a facility with low-carbon or renewable power as part of McDermott’s sustainability commitments.
Edwine Oldendorff, a Handy bulk carrier owned by Germany-based Oldendorff Carriers, has completed a biofuel trial from Australia to Vietnam.
French shipping company CMA CGM has welcomed the third in a series of five 15,000 TEU LNG-powered container ships built at the Chinese Jiangnan Shipyard.
