A giant LPG-powered LPG/ammonia carrier has been delivered to MOL Energia Pte, a Singapore-based company of Mitsui O.S.K. Lines Group. The vessel, named Phoenix Harmonia, was constructed by Namura Shipbuilding with the support from Mitsubishi Shipbuilding Co., a part of the Mitsubishi Heavy Industri
Brazil majors Vale and Petrobras have signed a protocol of intent to develop low-carbon solutions, taking advantage of both companies’ technical expertise and synergies. According to Vale, the partnership is for a two-year period and will assess joint decarbonization opportunities, including the dev
Brazilian state-owned oil and gas giant Petrobras has awarded TechnipFMC with a contract to supply flexible pipes for pre-salt fields offshore Brazil. Under the contract deemed as “significant”, TechnipFMC will design, engineer, and manufacture 14 kilometers of gas injection riser pipes and will sup
U.S. maritime infrastructure company Seapath and Houston-based clean energy solutions provider Pilot LNG have formed a joint venture (JV) to develop, construct, and operate the first dedicated LNG bunkering facility in the Galveston Bay area. The initial investment for the facility is approximately
Skarv Shipping Solutions, a joint venture between Grieg Edge and Peak Group AS, signed a contract with Chinese Huanghai Shipbuilding Co. for up to eight low-carbon multipurpose vessels (MPVs).
Japanese shipping company K Line has taken delivery of the newly-built W-Max class liquefied natural gas (LNG) carrier, Lagenda Setia, intended for a long-term charter with Malaysian energy major Petronas LNG. The Chinese shipbuilder Hudong-Zhonghua Shipbuilding (Group) has built the midsize LNG car
ADNOC has taken the time to check its progress towards its goal of doubling carbon capture capacity by the end of the decade.
Hy24, the world’s largest clean hydrogen fund, has made a new investment in InterContinental Energy, a company developing large-scale green hydrogen projects, to accelerate the deployment of the company’s portfolio of projects and contribute towards its vision to scale the green hydrogen economy and
French maritime firm Louis Dreyfus Armateurs (LDA) has decided to install bound4blue eSAILs® on its ro-ro ship Ville de Bordeaux. Three 22-metre-high eSAILs® will be fitted to the Ville de Bordeaux ahead of a six-month performance monitoring period starting in early 2024. The Ville de Bordeaux is ch
Equinor has received the seal of approval from Norway’s authorities to bring online an oil field project in the Norwegian sector of the North Sea next month.
Swedish-Israeli wave energy company Eco Wave Power has released financial results for the first half of 2023, reporting a decrease in net loss when compared to the same period a year before.
Energy major Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy, an LNG company formed and managed by investment company EIG, for $500 million. Completion of the transaction is subject to closing conditions which include regulatory approvals, with Aramco
Pyxis Ocean, the world’s first large ship fitted with WindWings, metal sails that harness the power of the wind to reduce fuel consumption and carbon emissions, arrived at the Port of Paranaguá, Brazil. The bulker, which emits 30% less carbon dioxide compared to conventional ships, embarked on its m
SIMEC Atlantis Energy has recorded a profit before tax of €5.2 million (£4.5million) for the first six months of fiscal 2023, as opposed to the loss of €9.9 million (£8.6 million) filed for the same period a year earlier.
