Asia’s cash premiums for 0.5 percent very low-sulphur fuel oil (VLSFO) fell on Friday, but were kept within close proximity of a more than three-month high increased in the previous session, despite the prompt-month spread for the marine fuel grade. Cash differentials for Asia’s 0.5% VLSFO increased by $20.87 per tonne to Singapore quotes, down …
Asia Fuel Oil VLSFO cash premiums drop on muted trading Read More »
Together with Computer Modelling Group (CMG), Kongsberg Digital have received funding from the CLIMIT-Demo Program to further develop leading simulation software for CO2 injection into depleted oil and gas reservoirs and saline aquifers. This funding is in addition to that already secured by a number of Energy Operators. With the combination of Kongsberg Digital’s advanced …
Marine Service GmbH and Newport Shipping are proud to announce an Approval in Principle from Bureau Veritas (BV) for a jointly developed containerized LNG solution. The 40′ ISO LNG Fuel Tank Container System is suitable for LNG-fuelled newbuildings and retrofits of container vessels. The LNG fuel tank container is a class approved Type C LNG …
As many countries around the world are choosing to shift away from Russian fossil fuels due to the ongoing Ukrainian crisis and turning to different sources, others are seizing the momentum and working towards securing energy independence through clean energy options. The post In focus: The dawn of energy independence is coming appeared first on …
In focus: The dawn of energy independence is coming Read More »
Germany-based multipurpose shipping company United Heavy Lift (UHL) prefers methanol as marine fuel for its future fleet of vessels, Andreas Rolner, Managing Director of the company revealed in the HANSA podcast. The post United Heavy Lift sets sights on methanol-powered dual-fuel ships appeared first on Offshore Energy.
orway invests NOK 200 million ($22.41m) in HYDROGENi, a new center for energy research dedicated to hydrogen and ammonia, that is to help the energy transition. The post Norway’s HYDROGENi H2 research center to push energy transition appeared first on Offshore Energy.
Energy and marine consultancy AqualisBraemar LOC (ABL) has developed a software that allows ports and harbours to track their emission profiles, calculate the cost of their carbon footprint and identify a roadmap ahead for sustainable development. The post ABL rolls out emission tracking software for seaport industry appeared first on Offshore Energy.
Velesto has secured new work for its jack-up drilling rigs in Malaysia with the country’s oil and gas operator, Petronas Carigali. The post Petronas picks Velesto’s suite of rigs for Malaysian ops appeared first on Offshore Energy.
British energy major BP has signed an agreement with Aberdeen City Council for a green hydrogen hub development. The post BP teams up with Aberdeen City Council to build hydrogen hub appeared first on Offshore Energy.
Offshore drilling contractor Northern Ocean has decided to rename its two rigs following a recent decision to change their manager. The post Two rigs getting new names following manager change appeared first on Offshore Energy.
