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KKR acquires 42% non-controlling interest in Sempra’s PALNG Phase 1
Business & Finance

KKR acquires 42% non-controlling interest in Sempra’s PALNG Phase 1

Sempra Infrastructure, a subsidiary of U.S. major Sempra, has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG (PALNG) Phase 1 project to investment management company KKR. The transaction results in Sempra Infrastructure retaining a controlling 28% indirect inte

about 2 years ago
Seven wave energy companies are receiving expert guidance from NREL’s water power researchers (Courtesy of NREL/Photo by Joe DelNero)
Authorities & Government

NREL researchers help developers prepare for harsh wave energy conditions of the Pacific

Researchers at the National Renewable Energy Laboratory (NREL) have started working with four promising wave energy companies as they prepare to deploy their devices at PacWave South, a new grid-connected wave energy test site off the Oregon coast.

about 2 years ago
SSY launches new EU ETS compliance solution
Technology

SSY launches new EU ETS compliance solution

Simpson Spence Young (SSY), the world’s largest independent shipbroker, has launched a new, all-encompassing facilitation service that will ensure ahead of the maritime sector’s entrance into the EU ETS.

about 2 years ago
All Changfang & Xidao inter-array cables in place
Business Developments & Projects

All Changfang & Xidao inter-array cables in place

All inter-array cables have been laid at the 589 MW Changfang and Xidao offshore wind farms in Taiwan, according to Dennis Sanou, CEO of Changfang Xidao Offshore Wind Farms at Copenhagen Offshore Partners. The installation of approximately 73 kilometres of 66kV inter-array cables that are used to co

about 2 years ago
FPSO Sepetiba; Source: Petrobras
Business & Finance

New FPSO comes to work on Brazil’s third largest oil field

Petrobras has welcomed the arrival of an FPSO, which will work on the company’s giant oil field in the Santos Basin offshore Brazil.

about 2 years ago
SFL welcomes first LNG dual-fuel PCTC from GSI
Vessels

SFL welcomes first LNG dual-fuel PCTC from GSI

Guangzhou Shipbuilding International Co. (GSI) has delivered the first liquified natural gas (LNG) dual-fuel pure car and truck carrier (PCTC) to Bermuda-based ship owning and chartering company SFL Corporation.

about 2 years ago
DSIC and Jiangsu team up for LNGC cargo containment system project
Business Developments & Projects

DSIC and Jiangsu team up for LNGC cargo containment system project

China’s Dalian Shipbuilding Industry Company (DSIC) and Jiangsu Yak have signed a contract for the cargo containment system construction project of ten 175,000 cubic meter LNG carriers (LNGCs). According to DSIC, the two parties will work together in construction, production management, safety manag

about 2 years ago
German partners shake hands for offshore wind surveys
Business & Finance

German partners shake hands for autonomous offshore wind surveys

German offshore wind services provider WINDEA Offshore and marine data acquisition company Subsea Europe Services have entered a strategic sales partnership to provide autonomous surveying for the offshore wind industry. The two companies plan to deliver hydrographic survey and underwater inspection

about 2 years ago
Illustration/Offshore energy crew preparing to install MeyGen tidal energy turbine off Scotland (Courtesy of SIMEC Atlantis)
Business & Finance

UK: Offshore energy jobs could double by 2030 if successful transition from fossils to renewables is achieved

A new report by Robert Gordon University has found that the UK offshore energy workforce can increase by up to 50% from over 150,000 in 2023 to 225,000 by the end of the decade with new renewable jobs outnumbering oil and gas roles if a successful transition is achieved.

about 2 years ago
TotalEnergies launches call for tenders for green hydrogen supply
Business & Finance

TotalEnergies launches call for tenders for green hydrogen supply

As part of the decarbonization of its European refineries, French major TotalEnergies is launching a call for tenders for the supply of 500,000 tons per year of green hydrogen. The company claimed that green hydrogen would make it possible to avoid the emission of around five million tons of CO2 per

about 2 years ago
Illustration; Source: Qatargas, now QatarEnergy LNG
Business & Finance

Qatargas rebrands to spotlight LNG’s ‘critical’ role in energy security and low-carbon transition

Qatargas has changed its name to reflect its future vision and strategy for the country’s liquefied natural gas (LNG) sector.

about 2 years ago
Maersk
Business Developments & Projects

Laura Maersk is born: Ursula von der Leyen christens world’s 1st green containership

The world’s first containership powered by green methanol has officially been named in the picturesque city of Copenhagen, Denmark by the President of the European Commission Ursula von der Leyen. “I name you Laura Maersk! As you sail the waters of the world, may your journeys be smooth and your tas

about 2 years ago
Leclanché’s battery systems selected for CMAL’s hybrid ferries
Equipment

Leclanché’s battery systems selected for CMAL’s hybrid ferries

Swiss equipment provider Leclanché SA has been selected for a pair of hybrid roll-on, roll-off passenger and vehicle ferries (RoPax) owned by Scotland’s Caledonian Maritime Assets Limited (CMAL).

about 2 years ago
ETAP facility in the North Sea; Source: BP
Authorities & Government

BP cheers stamp of approval for oil & gas project in North Sea

BP has received the green light from Britain’s government to proceed with its proposed development of an oil and gas field in the UK sector of the North Sea.

about 2 years ago
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