Australian LNG player Santos and oil and gas company Beach Energy have reached a final investment decision (FID) for the $165 million Moomba carbon capture and storage (CCS) project in South Australia, starting in 2024.
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The New Zealand Ministry of Business, Innovation and Employment (MBIE) has entered into an agreement with Shelf Subsea Services for the removal of the subsea infrastructure from the Tui oil field.
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The renewable methane has a “vast” potential to replace fossil fuel in ships and can achieve up to 80 per cent of greenhouse gas (GHG) reduction, a new report showed.
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Germany-based dry bulk carrier owner and operator Oldendorff Carriers has signed a contract for two batches of newbuilding contracts for a series of eco-friendly Kamsarmax vessels with Chinese Hantong Shipyard.
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Aker BP, DeepOcean and Forssea Robotics have collaborated to develop the underwater Autonomous Inspection Drone (AID).
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