The Asia-Pacific (APAC) region is on track to take the lead in the CO2 shipping market, requiring almost 80 specialist vessels for interregional shipping in 2055, energy consultancy Xodus found in a new carbon capture, utilization, and storage (CCUS) report. The post APAC poised to become ‘world’s largest’ CO2 shipping market, report says appeared first on Offshore Energy.

Real momentum is building behind the global shipping industry’s transition towards a zero-emission future. The post Op-ed: Shipping’s new net zero framework: Where to next? appeared first on Offshore Energy.

State-owned Oil India Limited has selected 3t Drilling Systems, a UK-headquartered provider of safety-critical training for the energy sector and part of 3t Group, to provide simulator technology for the purpose of providing drilling training for its employees. The post UK simulation tech boosting safety across Oil India’s drilling ops appeared first on Offshore Energy.

Afentra, a UK-headquartered and AIM-listed upstream oil and gas company, has sealed a deal to acquire half of the stake one of its joint venture (JV) partners holds in two blocks off the coast of Angola. The post UK oil & gas player ups its stake in two Angolan offshore blocks appeared first on Offshore Energy.

Although China, the United States (US) and the European Union (EU) remain frontrunners in […] The post Industrial power map shifts as clean energy soars in sunbelt nations appeared first on Offshore Energy.

Dutch company developing innovative ocean energy technology, Equinox Ocean Turbines, has received funding from […] The post Equinox Ocean Turbines secures funding for ocean current tech project appeared first on Offshore Energy.

In partnership with Brazilian provider of navigation, communication, and naval automation solutions Belga Marine, Norway-based ocean insights provider Miros has updated its oil spill detection (OSD) monitoring system for operations offshore Brazil. The post Enhanced oil spill detection system launched for Brazilian waters appeared first on Offshore Energy.

Fratelli Cosulich Marine Energy and IINO Kaiun Kaisha (IINO Lines) have signed a memorandum of understanding (MoU) to explore new business opportunities in the alternative marine fuels sector. The post Fratelli Cosulich and IINO Lines eye growth in alternative marine fuels sector appeared first on Offshore Energy.

Kimmeridge has confirmed the receipt of a final order from the Federal Energy Regulatory Commission (FERC), upholding authorization for a liquefied natural gas (LNG) export terminal currently under development on the west bank of the Calcasieu Ship Channel at the mouth of the Gulf of Mexico/America near Cameron Parish, Louisiana, United States. The post $11 billion US LNG project in Louisiana bags final FERC approval ahead of FID appeared first on Offshore Energy.

Japanese shipping company Mitsui O.S.K. Lines (MOL), through its wholly owned Singapore-based subsidiary MOL Asia Oceania (MOLAO), will join the PIER71 Smart Port Challenge (SPC) 2025, a maritime innovation accelerator program, for the first time as an innovation partner. The post MOL takes part in Singapore’s maritime innovation accelerator program for startups appeared first on Offshore Energy.