Home Fossil Energy Offshore drilling upcycle whets contractors’ appetite for rig reactivation with scrapping taking a downturn Westwood Global Energy, an energy market research and consultancy firm, has revealed that offshore rig scrapping is at […]
Italian shipbuilder Fincantieri has launched Sun Princess at its yard in Monfalcone, the first of two LNG-powered cruise ships being built for Princess Cruises, an American cruise line owned by Carnival Corporation. Image credit Fincantieri […]
Malaysian energy major Petronas has inaugurated LNG bunkering business with its long-term Chinese partner Tiger Gas through its Petronas Marine brand. Courtesy of Petronas The inauguration follows the completion of Petronas’ maiden ship-to-ship LNG bunkering […]
Chevron and Caterpillar-owned Solar Turbines are working together to adapt a low-emissions turbine engine partially fueled by hydrogen. Blending hydrogen with traditional fuels to power the engine could help reduce its greenhouse gas emissions. Results […]
Offshore oil and gas is set for the highest growth in a decade in the next two years. Offshore activity is expected to account for 68% of all sanctioned conventional hydrocarbons in 2023 and 2024. […]
Home Fossil Energy Three Maersk Supply Service anchor handlers hired by Petrobras Denmark-headquartered Maersk Supply Service has won a three-year contract with Brazilian oil and gas giant Petrobras for three of its anchor handlers to be […]
Norwegian digital solutions provider Kongsberg Digital has been hired by Chevron Technical Center, a division of Chevron – a U.S.-headquartered energy giant – to handle the digitalisation of the oil major’s global assets with digital twin […]
Home Marine Energy Wave energy to play instrumental role in heavy industry decarbonization, study finds A new study has revealed that wave energy can play an instrumental role in the decarbonization of the steel manufacturing […]
Reliable and affordable home heating in the winter is essential, as residents of northern regions across the country can attest. As energy prices have continued to climb, homeowners face record costs for heating and cooling. […]
As Statista’s Katharina Buchholz wrote for Forbes last week, “as stock markets flailed and the age of zero interest was only slowly beginning to end, 2022 was not kind to investors.” There were however some […]
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