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Commonwealth LNG and MET Group sign 20-year LNG supply deal
Business & Finance

Commonwealth LNG and MET Group sign 20-year LNG supply deal

U.S.-based Commonwealth LNG and Switzerland-based MET Group have entered into a Heads of Agreement (HoA) for the sale and purchase of one million tons per annum (mtpa) of liquefied natural gas (LNG) for 20 years from the Commonwealth LNG facility currently under development in Cameron, Louisiana, U.

about 3 years ago
Illustration (Courtesy of Wave Energy Scotland)
Authorities & Government

Op-ed: Contracts for Difference – Time for something different?

Marine Energy Wales’ project manager Jay Sheppard outlines his thoughts on how the current Contracts for Difference funding mechanism for low carbon electricity could be improved.

about 3 years ago
RWE Leonardo da Vinci
Business Developments & Projects

Offshore construction begins on RWE’s Sofia offshore wind farm

Offshore construction has started on RWE’s 1.4 GW Sofia offshore wind farm on Dogger Bank in the central North Sea off the northeast coast of the UK. The offshore works are kicking off with the laying of the first section of high voltage direct current (HVDC) export cable which will be done by Prysm

about 3 years ago
LCO2
Green Marine

Rystad Energy: 55 CO2 carriers needed by 2030

A fleet of 55 carbon dioxide (CO2) carriers will be required by 2030 to meet the upcoming demand from the offshore storage projects, according to Rystad Energy, which estimates that more than 90 million tonnes per annum (tpa) of CO2 will be shipped by the end of the decade. The estimated volume will

about 3 years ago
Coral-Sul FLNG (for illustration purposes); Source: Eni
Business & Finance

WoodMac: FLNG market’s outlook ‘bullish’ with Africa at the core of ongoing boom

Wood Mackenzie’s report shows that the FLNG sector is thriving and ready for new capacity with Africa positioned at the heart of this growth.

about 3 years ago
ACWA Power inks cooperation deals with six Italian partners, hydrogen included
Business Developments & Projects

ACWA Power inks cooperation deals with six Italian partners, hydrogen included

ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, has signed strategic agreements with six Italian partners to bolster cooperation in the fields of green hydrogen, water desalination and research and development (R&D). T

about 3 years ago
XL unmanned underwater vehicle begins sea trials
Business & Finance

XL unmanned underwater vehicle begins sea trials

Canada’s Cellula Robotics has commenced sea trials of its extra-large unmanned underwater vehicle (XLUUV), featuring hydrogen fuel cell technology. The initial sea trials of the Solus-XR XLUUV are designed to evaluate surface performance and autonomy, said to offer a valuable opportunity to assess t

about 3 years ago
Triton-C wave energy device heading to deployment site in Hawaii (Courtesy of Oscilla Power)
Business Developments & Projects

US wave energy company wraps preps ahead of Hawaii deployment

Oscilla Power has completed two key preliminary steps in preparation for the launch of its Triton-C wave energy converter at the Wave Energy Test Site (WETS) in Hawaii.

about 3 years ago
Moss Maritime’s LH2 carrier containment system gets DNV’s nod
Certification & Classification

Moss Maritime’s LH2 carrier containment system gets DNV’s nod

Moss Maritime, a Norwegian company specialized in design and engineering services to the offshore energy industry and a subsidiary of energy major Saipem, has received approval in principle (AiP) from classification society DNV for a containment system for ship transport of liquefied hydrogen (LH2).

about 3 years ago
Noble Highlander jack-up rig (for illustration purposes); Source: Noble Corporation
Business & Finance

International offshore rig count continues its upward trend

Baker Hughes’ international rig count report shows a further increase in the number of offshore rigs in August 2023, as 4 additional units were recorded compared to the month before.

about 3 years ago
Technip Energies presents LNG train solution SnapLNG
Business Developments & Projects

Technip Energies presents LNG train solution SnapLNG

Engineering and technology company Technip Energies has announced SnapLNG, an innovative modular, pre-engineered and standardized solution for LNG decarbonized production. It is a 2.5 mtpa electrically driven LNG train solution comprised of reproducible modules ready for delivery and installation. T

about 3 years ago
Everest platform; Source: Harbour Energy
Business & Finance

New five-year deal for Wood in North Sea

Wood has secured a new master services agreement and associated contracts valued at around $330 million for operations in the UK North Sea.

about 3 years ago
Pertamina, Pelindo to develop green terminal in North Jakarta
Ports & Logistics

Pertamina, Pelindo to develop green terminal in North Jakarta

Pertamina through its subsidiary PT Pertamina International Shipping and PT Pelindo have signed a cooperation agreement for the development of the Jakarta Integrated Green Terminal (JIGT) in Kalibaru, North Jakarta.

about 3 years ago
Prysmian completes all activities for Viking Link
Business & Finance

Prysmian completes all activities for Viking Link

Prysmian Group has completed the installation and HV testing activities of its submarine and land power cables for the Viking Link interconnector connecting the UK and Denmark. Prysmian was awarded the contract worth approximately €700 million in August 2019 by the UK’s National Grid and Danish Ener

about 3 years ago
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