The revised Oil and Gas Authority (OGA) Strategy featuring a range of new net-zero obligations for the UK oil and gas industry has come into force.
MAN Energy Solutions’ Two-Stroke Business has surpassed 1,000 orders for Tier III-compliant, emission-reduction technology for its portfolio of MAN B&W-branded, low-speed engines. Under the Tier III standard, NOx emissions must be reduced by approximately 75% when compared to Tier I engines. The Tie
French tire manufacturer Michelin has signed a letter of commitment for maritime transport with Neoline, a compatriot shipowner offering carbon-free shipping services.
Aberdeen-based 3D technology specialist Eserv is investing a six-figure sum into the research and development of new capabilities to allow them to expand into the subsea sector. Eserv’s decision to drive the business into new sectors comes on the heels of a successful 2020 which saw their AS-TEG sol
The global energy transition will have a profound impact on the shipping industry, including product tanker and chemical tanker segments, Anthony Gurnee, Chief Executive Officer of Ardmore Shipping, believes. “While this will unfold over years, the impact has already been felt through anticipated re
Powering ships with hydrogen that can be refueled at offshore floating solar islands sounds like a perfect sustainable shipping alternative. Now, the idea is coming closer to reality in the Netherlands with a prototype of such solar island set for testing on the Waal near IJzendoorn through a joint
Norwegian Ministry of Petroleum and Energy has approved a revised PDO for partial electrification of the Equinor-operated Sleipner field off Norway.
Oslo-listed seismic player TGS is launching a new energy-transition-focused business unit – New Energy Solutions (NES). In a statement on Thursday, TGS said it aims to establish itself as the leading provider of data and insights directed towards industries actively contributing to the reduction of
Singapore-based container shipping company Ocean Network Express (ONE) has conducted a biofuel trial on the Panamax boxship MOL Experience.
Oil major Shell on Thursday set out its strategy to accelerate its transformation into a provider of net-zero emissions energy products and services.
Yara Marine Technologies, a Norwegian provider of exhaust gas cleaning systems, has decided to relaunch its shore power business amid increasing demand for onshore power supply systems.
The world’s largest container shipping company Maersk is betting on a large-scale retrofit of its fleet with engines running on alternative fuels rather than planning a dramatic ordering spree to rejuvenate it and make its ships more eco-friendly. During today’s full-year investors’ presentation, Sø
FPSO operator BW Offshore has decided to record an impairment to the book value of three FPSOs, amounting to $59.6 million, in the fourth quarter of 2020 amid continued uncertainty regarding redeployment. The three FPSOs are Berge Helene, BW Cidade de São Vicente, and Espoir Ivoirien, BW Offshore sa
Athens-based pure-play Capesize vessel owner Seanergy Maritime Holdings Corp. announced that its existing fleet will remain compliant with applicable greenhouse gas (GHG) regulatory requirements until 2030 with no material cost for the company. The conclusion comes on the back of an evaluation of th
