Several maritime and alternative fuels projects are among initiatives that have been awarded the Strategic Technology Platform for Europe (STEP) label in a new initiative of the European Commission to boost
US firm confirms booking of Borr Drilling rig for ops in Africa
Houston-based Vaalco Energy has disclosed a new contract with Borr Drilling, a UK-headquartered offshore drilling player, for a jack-up rig that will carry out its 2025/2026 drilling program off the coast
Biofuel included in Wallenius Wilhelmsen’s two new multi-year shipping deals
Norwegian shipping and logistics company Wallenius Wilhelmsen has secured two multi-year shipping contracts, both including biofuel, with undisclosed “large auto OEMs”.
Eco Wave Power unveils $3M direct offering to bolster commercial-scale wave energy deployment
Wave energy developer Eco Wave Power has entered into a securities purchase agreement with a single institutional investor to deploy commercial-scale wave energy technology.
DP World rolls out ‘world’s first’ container port carbon inset program
UAE-based logistics major DP World has launched what it says to be the “world’s first” container port carbon inset program as part of its carbon reduction program at UK logistics hubs,
New oil discovery boosts Barents Sea potential with 20 more wells on the drilling horizon
Norwegian oil and gas player Vår Energi has discovered oil resources in an appraisal well near the Goliat field in the Barents Sea off the coast of Norway. As the firm
Busan Port set for ‘major’ overhaul as part of South Korea’s $10 billion maritime strategy
South Korea’s Ministry of Oceans and Fisheries (MOF) has unveiled a whopping 14 trillion KRW (circa $9.78 billion) investment plan to upgrade the Port of Busan by 2045 aiming to achieve
Finnish firm wins ISO certification for drone-based GHG emissions monitoring solution
Finland-based provider of mobile emission monitoring services Aeromon has received international accreditation for its technology enabling the monitoring and analysis of greenhouse gas (GHG) emissions.
ExxonMobil’s 2030 agenda: Fueling decarbonization with $30 billion while ramping up oil & gas and LNG output
U.S.-headquartered energy giant ExxonMobil has unveiled its new corporate plan up to 2030, expecting to deliver a growth potential of $20 billion in earnings and $30 billion in cash flow. During
CSET submits order for future fuel-ready 307,000 dwt tanker sextet
COSCO Shipping Energy Transportation (CSET), part of China COSCO SHIPPING Corporation Limited, has recently signed a construction contract with compatriot COSCO Shipbuilding Trading and Dalian Shipbuilding for six eco-friendly 307,000 dwt
Sixth AtoB@C plug-in hybrid ship hits the water
AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has launched its plug-in hybrid newbuild, Terramar, at India’s Chowgule shipyard.
Wave-powered desalination to support Chile’s industrial water needs
Canadian Wave-powered desalination innovator Oneka Technologies and Chile-based Asfalcom have signed a memorandum of understanding (MoU) to deploy wave-powered desalination technology at Asfalcom’s production facility in Chile, marking a first for
- CSET sets up new entity focused on LPG shipping and hydrogen
- Madoqua-led coallition formalizes Portugal-Northern Europe green fuels corridor initiative
- MOL orders ammonia dual-fuel bulk carrier duo in China
- Hanwha handpicks GTT for tank design of LNG carrier pair
- TES to develop CO2 export terminal at its Wilhelmshaven Green Energy Hub
- Multi-vessel deal sets the seal on QatarEnergy’s massive LNG shipbuilding quest