The latest developments from the offshore energy industry related to the ongoing energy transition.
Following an undercover reporter filming a lobbyist for ExxonMobil stating that the company’s climate policy was just a PR stunt, the chief executive officer (CEO) of ExxonMobil issued a statement refuting those claims.
One of the largest funding programmes of the European Union, launched to accelerate the economic recovery following the coronavirus pandemic, has provided a substantial subsidy for the development of an offshore floating solar farm off the coast of The Hague in the Netherlands.
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) has secured a new order for a liquified natural gas (LNG) carrier.
The Norwegian cleantech company TECO 2030 has taken over the building that will become home to its new fuel cell giga factory in Narvik, northern Norway. The planned combined fuel cell factory and innovation centre is set to become Norway’s first large-scale production of hydrogen-based fuel cells.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has ordered six main engines to be installed on Hapag Lloyd’s recently ordered 23,000 TEU boxship sextet.
A lobbyist for ExxonMobil stated in an aired interview recorded by undercover Greenpeace activists that the company was still fighting efforts to tackle climate change in the U.S., despite publicly claiming to support the Paris climate agreement.
Danish Shipping, a focal point for Denmark’s shipping community, has welcomed the government’s move to support the ambitious countrywide CO2 storage initiative which is expected to create immense possibilities for domestic transport companies.
Oilfield services major Baker Hughes has announced the release of its 2020 Report on Corporate Responsibility which outlines its corporate strategy for a sustainable energy future.
Innosea has been appointed to a consortium led by Suntrace, tasked with the development and tender support of a marine floating solar photovoltaics project (FPV) in the Maldives.
Time is running out to act on global emissions in the shipping industry, turning up the heat on the sector to define the global rules so it can speed up its decarbonization efforts. The International Maritime Organization (IMO) has to deliver substantial progress by the end of this year to accelerat
Clean technology company Silverstream Technologies has fitted its air lubrication technology on the Vale-chartered newbuild ore carrier Sea Victoria. The installation is the first time that any air lubrication technology has been deployed on a very large ore carrier (VLOC), Silverstream said. Coming
Norway’s shipowner Ocean Yield ASA has decided to acquire 49.9% equity interest in one dual-fuel newbuilding container vessel.
Ammonia-powered shipping startup Viridis Bulk Carriers has signed MoU’s with cargo owners Elkem, Vestkorn, BioMar, Franzefoss Minerals, and Saltimport to develop a zero-emission freight network. In addition to further developing the ship technology platform, the partnership will explore a zero-emiss
