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MAN ES and COSCO eye new decarbonization retrofit projects with latest deal

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China’s COSCO Shipping Heavy Industry (CHI) and Germany’s engine maker MAN Energy Solutions (MAN ES) have signed a framework agreement to extend their collaboration on decarbonization retrofit projects. The post MAN ES and COSCO eye new decarbonization retrofit projects with latest deal appeared first on Offshore Energy.

Azane Fuel Solutions sets up bunkering infrastructure subsidiary

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Norwegian ammonia bunkering company Azane Fuel Solutions has established a bunkering infrastructure subsidiary to advance its plans for providing clean ammonia as shipping fuel. The post Azane Fuel Solutions sets up bunkering infrastructure subsidiary appeared first on Offshore Energy.

Borr’s 2019-built rig leaves Asian yard to begin its new drilling gig

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A jack-up rig, owned by Borr Drilling, has departed from a yard in Singapore to embark on a voyage toward its recently booked drilling assignment off the coast of Southeast Asia. The post Borr’s 2019-built rig leaves Asian yard to begin its new drilling gig appeared first on Offshore Energy.

TotalEnergies’ North Sea gas hub going full steam ahead

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TotalEnergies has sorted out an operational hitch that prevented it from achieving full production capacity at its natural gas redevelopment project in the Danish sector of the North Sea. The post TotalEnergies’ North Sea gas hub going full steam ahead appeared first on Offshore Energy.

President Trump inks executive order to ‘restore American maritime dominance’

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The President of the U.S. Donald Trump has signed an executive order seeking to “restore American maritime dominance” as uncertainty lingers over the global shipping market amid geopolitical tensions and the U.S.-China maritime rivalry. The latest developments seem to be taking a toll on Chinese shipyards as well, with newbuild orders declining in favor of South Korean yards. The post President Trump inks executive order to ‘restore American maritime dominance’ appeared first on Offshore Energy.

Southeast Asian player offloads stake in gas field as it shifts to clean energy

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Coro Energy has taken the last step toward closing its fossil fuels chapter by inking a deal to divest its interest in a natural gas field in the West Natuna Sea off the coast of Indonesia to devote its time and resources to greener ventures by focusing on its renewable energy portfolio. The post Southeast Asian player offloads stake in gas field as it shifts to clean energy appeared first on Offshore Energy.