Marine Technology & Innovation

Home Fossil Energy Aphrodite rising as Chevron, Shell, NewMed and Cyprus give the go-ahead for tweaked gas development plan February 14, 2025, by Melisa Cavcic Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have given their blessing, together with the government of Cyprus, for an […]

Home Fossil Energy Brazil in for busy summer with new oil & gas round February 14, 2025, by Dragana Nikše Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP) has disclosed the date for the country’s next oil and gas licensing round. The Agency has also presented draft legislation to encourage more exploratory activities

Home Fossil Energy SBM Offshore celebrates first steel cut for deepwater oil project’s floater February 14, 2025, by Melisa Cavcic Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has kicked off the construction phase of a disconnectable turret mooring (DTM) for a floating storage and offloading (FSO) unit, destined

Home Green Marine Petrobras enters Asian bunker market with inaugural biofuel-infused VLSFO sale February 14, 2025, by Sara Kosmajac Brazil’s state-owned oil and gas titan Petrobras has tapped into the Asian bunker market, having completed its inaugural sale of very low sulfur fuel oil (VLSFO) with 24% renewable content (B24) in Singapore. Credit: Petrobras As

Home Fossil Energy Canada’s net-zero LNG export terminal taking shape as construction ops continue (Gallery) February 14, 2025, by Melisa Cavcic Woodfibre Management, a privately held Canadian company based in Vancouver, is going full steam ahead with foundation and marine piling work to breathe life into its operated $5.1 billion liquefied natural gas (LNG) export

February 14, 2025, by Naida Hakirevic Prevljak Japanese shipping major Mitsui O.S.K. Lines (MOL) has invested in California-based Twelve Benefit Corporation, a company developing synthetic fuels (e-fuels) and chemicals, contributing to the global expansion of clean fuels. Illustration. Courtesy of MOL Twelve raised an additional $83 million this February, following the momentum of its $645

Home Offshore Wind New York greenlights Equinor’s Empire Wind 1 transmission facilities February 14, 2025, by Adnan Memija Equinor has been granted approval by the New York State Public Service Commission (NYPSC) to build and operate offshore and onshore transmission facilities for the 816 MW Empire Wind 1 offshore wind project. The overall transmission line

Home Green Marine Construction of LNG dual-fuel 10,800 CEU car carriers begins in China February 14, 2025, by Ajsa Habibic Guangzhou Shipyard International (GSI), part of China State Shipbuilding Corporation (CSSC), has started the construction of the first LNG dual-fuel car carrier for South Korean shipping giant HMM. Courtesy of GSI The construction of the

Home Subsea OEUK pushes for UK carbon capture funding amid budget concerns February 14, 2025, by Zerina Maksumic Britain’s trade body for the offshore energy industry Offshore Energies UK (OEUK) has urged the UK government to stay committed to supporting additional carbon capture, usage, and storage (CCUS) projects as concerns mount over potential funding cuts

Home Green Marine Wallenius Wilhelmsen rolls out net zero-aligned sustainable financing framework February 14, 2025, by Naida Hakirevic Prevljak Norwegian roll-on/roll-off (RoRo) shipping and logistics company Wallenius Wilhelmsen has launched a sustainable framework promoting green financing practices. Courtesy of Wallenius Wilhelmsen Back in 2022, the company introduced its first sustainability-linked financing framework, aiming to reduce