Norwegian container tonnage provider MPC Container Ships (MPCC) has placed an order in China for two eco-friendly 1,600 TEU container vessels in combination with eight-year charters. The post MPCC orders two 1,600 TEU fuel-efficient boxships appeared first on Offshore Energy.
Tekmar Group has signed a framework agreement with Jan De Nul for the engineering, […] The post Tekmar, Jan De Nul sign framework agreement for TenneT’s 2 GW offshore grid appeared first on Offshore Energy.
Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Company (KPC), has made a major discovery at a field offshore Kuwait. The post ‘Landmark’ gas discovery comes to light offshore Kuwait appeared first on Offshore Energy.
Italy’s maritime transportation group Fratelli Cosulich has launched its new methanol-powered IMO II chemical bunker tanker, Maya Cosulich. The post Methanol-powered Maya Cosulich hits the water appeared first on Offshore Energy.
The Marine Renewable Energy Collaborative (MRECo), a non-profit corporation dedicated to the sustainable development […] The post Massachusetts backs tidal and wave energy with $1.9 million grant appeared first on Offshore Energy.
A shipment of liquefied natural gas (LNG) is on its way to Italy from Egypt on board a vessel operated by the UK-headquartered energy giant Shell. The post Shell ships Italy-bound LNG cargo from Egyptian plant appeared first on Offshore Energy.
Australian energy player Santos has appointed an acting Chief Financial Officer (CFO) following the current CFO’s resignation. The post Acting CFO steps in at Santos as predecessor quits ‘to pursue other interests’ appeared first on Offshore Energy.
Investment in climate action is the economic growth story of today and the future, while growth fuelled by fossil fuels is futile because the damage it causes ends in self-destruction, the economist Nicholas Stern has said. The plummeting costs of clean technologies, plus the healthier and more productive societies they enable, mean investments in cleantech simultaneously tackle the climate crisis and faltering economic growth, he said. Stern is well-known globally but perhaps best known in the UK In 2006 he led a landmark review for the UK government that concluded climate action would cost less than the damage caused by inaction. He has new book due to come out on 5 November, The Growth Story of the 21st Century: The Economics and Opportunity of Climate Action. His conclusions from 2006 remain valid today but have… Read More »Green investment ‘the growth story of the future’ – economist | Finance
Offshore drilling contractor Valaris has secured a new multimillion-dollar assignment for its 12-year-old drillship off the coast of Egypt with BP Exploration Delta, a subsidiary of the UK-headquartered energy giant BP. The post BP hires Valaris’ 2013-built drillship for multi-well gig in Middle East appeared first on Offshore Energy.
Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has started drilling the first well in what is said to be Angola’s first non-associated gas development. The post Valaris rig spuds Angola’s inaugural non-associated gas development for Azule appeared first on Offshore Energy.