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AD Ports
Business & Finance

AD Ports Group inks concession deals with KTP, Congo

UAE-based port operator AD Ports Group has signed a concession agreement with Karachi Port Trust (KPT), the Pakistani federal government agency that oversees the operations of the Port of Karachi. Under the terms of the 50-year concession agreement, a Joint Venture between AD Ports Group, as a major

about 3 years ago
Europe’s leading offshore port confirms it will return as exhibitor at Offshore Energy Exhibition & Conference 2023
Infrastructure

Europe’s leading offshore port confirms it will return as exhibitor at Offshore Energy Exhibition & Conference 2023

Port of Rotterdam, together with Rotterdam Port Promotion Council (RPPC), has signed an agreement with Navingo BV on taking part in Offshore Energy Exhibition & Conference 2023 (OEEC 2023) this November in Amsterdam. With OEEC’s aim being connecting the entire offshore energy sector through the work

about 3 years ago
Noble Integrator jack-up rig; Source: Noble Corporation
Authorities & Government

Thumbs-up for Aker BP to dispatch Noble rig for North Sea ops

Aker BP has received consent from Norway’s regulator to use one of Noble’s rigs for operations on a field in the North Sea off Norway.

about 3 years ago
One of GKinetic’s turbines generating clean, zero-emissions energy (Courtesy of GKinetic Energy)
Business & Finance

Irish hydrokinetic turbine developer finds Japanese partner for global market roll out

GKinetic Energy and Torishima Service Solutions Europe have signed a letter of intent (LOI) to jointly develop a partnership structure and commercial model for global roll out of hydrokinetic technology.

about 3 years ago
SUMED 4 is one of seven SUMED service boats fitted with Thordon SXL tailshaft bearings; Source: Thordon Bearings
Business & Finance

Seven vessels servicing oil pipeline running from Persian Gulf to Mediterranean get an upgrade

Thordon Bearings has retrofitted seven special purpose, single point mooring (SPM) service boats, which are servicing the SUMED pipeline.

about 3 years ago
Mitsubishi sets up new company for hydrogen business in Europe
Business Developments & Projects

Mitsubishi sets up new company for hydrogen business in Europe

Mitsubishi Corporation (MC), a global integrated business enterprise, has established a new company, Eneco Diamond Hydrogen, to develop green hydrogen and associated renewable energy in Europe. The new company is a joint venture between MC and its subsidiary Eneco, an integrated energy company headq

about 3 years ago
Core Power
Green Marine

Malone: Nuclear power can ignite growth of alternative fuel infrastructure and ship orders

Utilizing nuclear power could become a catalyst for the growth of alternative fuel infrastructure projects and the ship orders to go with it, according to Principal of Sea/Switch Partners and Partner in the ETFMG Breakwave Sea Decarbonization Tech ETF, BSEA, Hal Malone. As explained, shipping decarb

about 3 years ago
Illustration; Source: Eni
Business & Finance

Perenco buys several oil assents in Congo from Eni

Italian oil and gas giant Eni has signed a deal with Perenco for the sale of its participation interest in several undisclosed permits located in Congo.

about 3 years ago
INEOS LNG Carrier
Business & Finance

INEOS charters two LNG carrier newbuilds from MOL

London-based energy player INEOS Energy Trading has signed agreements with Japanese shipping major Mitsui O.S.K. Lines (MOL) for two newbuild LNG carriers, to be used for the import of LNG into Germany from the United States. These agreements follow INEOS Energy Trading’s long-term Sales and Purchas

about 3 years ago
10MW offshore hydrogen project nets €20 million European Commission grant
Business & Finance

10MW offshore hydrogen project nets €20 million European Commission grant

The HOPE (Hydrogen Offshore Production for Europe) project, which aims to develop, build and operate the first 10 MW offshore hydrogen production unit in the North Sea, off the coast of Belgium by 2026, has received a €20 million (around $21.8 million) grant from the European Commission (EC). The HO

about 3 years ago
Illustration/A potential design for future scalable tidal stream energy systems (Courtesy of Oxford University/Credit: Zilic de Arcos, DPhil thesis, 2021.)
Business Developments & Projects

Industry and academia team up for €8M tidal stream energy project

The University of Oxford, along with two other universities and over twenty industry stakeholders and regulatory bodies, will work together on an ambitious €8.1 million project that will address the key challenges currently preventing the tidal energy sector from reaching its full potential.

about 3 years ago
Maersk
Business Developments & Projects

Maersk’s groundbreaking methanol-powered vessel sets sail on sea trials

This week marks a significant milestone for Maersk as its first methanol-powered container vessel undergoes crucial sea trials. The rigorous testing phase will be taking place off the picturesque Korean coast, near Ulsan. The 2,100 TEU container vessel is being built by South Korea’s Hyundai Mipo Do

about 3 years ago
Yggdrasil power from shore project; Source: Aker BP
Business & Finance

North Sea project worth $10.78 billion gets contractor for power from shore scope

Aker BP has picked Linjepartner for the delivery of overhead lines for the power from shore project at its development in the North Sea.

about 3 years ago
A photo of the Sealhyfe offshore green hydrogen production platform next to the Floatgen floating wind turbine
Business Developments & Projects

World’s first offshore hydrogen production project yields first kilograms of green hydrogen

The offshore hydrogen production platform that Lhyfe is testing in France, named Sealhyfe, began producing its first kilograms of offshore hydrogen on 20 June after it was towed last month to the SEM-REV offshore test site which is connected to BW Ideol’s floating wind turbine Floatgen. Sealhyfe is

about 3 years ago
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