DAI Infrastructure GmbH and Freepan Holdings Corp have entered a ten-year green ammonia purchase agreement. The companies signed a Memorandum of Understanding (MoU) according to which Freepan will offtake 800 000 TPA of green ammonia. According to DAI, the green ammonia will be produced in East Port
Brazilian state-owned oil and gas giant Petrobras has discovered hydrocarbons in an exploratory well in the Aram block in the Santos Basin pre-salt offshore Brazil. The 3-BRSA-1387D-SPS well is located 260 kilometers from the city of Santos-SP, at a water depth of 1,979 meters. According to Petrobra
Cool Company (CoolCo), an owner, operator and manager of LNG carriers, has entered into a new time charter agreement for one of its TFDE vessels. The multi-year charter with an undisclosed energy major starts early next year, upon redelivery from the vessel’s current charter. It will add backlog thr
UK-based HVDC cable company XLCC has completed model testing on its new cable laying vessel (CLV) that was announced last year and which will be deployed in the renewable energy sector. The vessel will feature battery energy storage systems and shore power to reduce fuel consumption and has been des
Norwegian floating solar developer Ocean Sun has reported a wider net loss in the first quarter of 2023, when compared to the same period a year earlier, with a slight increase in income.
Canada-based oil and gas company Valeura Energy has reached a production milestone from an oil field in the Gulf of Thailand, marking it as a “remarkable achievement”. Valeura Energy announced that as of 15 May, the Jasmine oil field had produced its 90 millionth barrel of oil, greatly exceeding the
Ricardo, a strategic, environmental and engineering consulting company, is working with the Sustainable Hydrogen Powered Shipping (sHYpS) consortium to design and develop hydrogen fuel cell propulsion technologies to power the next generation of zero-emissions passenger ships. According to Ricardo,
The Australian Government has committed to developing a Maritime Emissions Reduction National Action Plan to chart a practical green transition for the maritime sector.
State-owned PLN Indonesia Power (IP) has appointed British tidal energy specialist SBS as its technical advisor for tidal energy projects in Indonesia.
Australian oil and gas company Beach Energy has connected two new wells to its Otway Basin development, now delivering additional gas into the Australian East Coast gas market. At the start of 2022, Beach Energy confirmed that the first two wells of its offshore Otway Basin campaign – Geographe 4 an
A geophysical and UXO survey is set to begin at the end of this month for an interconnector that will link the UK and Germany for the first time. Geociencias y Exploraciones Marítimas (GEM) will perform a survey of the route for the installation of the NeuConnect Interconnector, nominally 705 kilome
Egypt has made a step towards establishing the country’s first green methanol production project which will include investments of about $450 million and produce 40,000 tons of green methanol per year. The joint development agreement for this project was signed on 14 May by Egypt’s Alexandria Nation
UK’s third largest ports group Forth Ports has outlined its commitment and the actions it is taking to achieve a Net Zero carbon operation by 2042.
Germany will almost halve planned capacity for liquefied natural gas (LNG) terminals in the Baltic Sea, Reuters reported a government source as saying. Two floating LNG terminals are to be sited at Mukran off the Rügen coast with an annual capacity of around 10 billion cubic metres (bcm), down from
