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Aramco and Linde Engineering to develop ammonia cracking technology
Business Developments & Projects

Aramco and Linde Engineering to develop ammonia cracking technology

Energy company Aramco and gas and engineering company Linde Engineering have signed an agreement to jointly develop a new ammonia cracking technology, using their experience and capabilities in industrial research and development, lower-carbon hydrogen, and ammonia cracking technology. Aramco said t

about 3 years ago
Port of Los Angeles, California
Authorities & Government

California and Japan forge ties to develop green shipping corridors

The governments of California and Japan have formalized a partnership aimed at working together to cut pollution at seaports and establish green shipping corridors. The two sides signed a Letter of Intent (LoI) on port decarbonization and green shipping corridors on Wednesday in Tokyo as part of a w

about 3 years ago
MSC
Collaboration

MSC partners GCMD to help shipping decarbonise

World’s largest container shipping company Mediterranean Shipping Company (MSC) and the Global Centre for Maritime Decarbonisation (GCMD) have signed a five-year impact partnership agreement to support shipping’s decarbonisation.

about 3 years ago
FPSO Montara Venture; Source: Jadestone Energy
Business & Finance

Another plot twist creates roadblock for production restart from Australian FPSO

After completing the planned four-yearly topsides maintenance programme for an FPSO operating at a field in the Timor Sea off Australia, Jadestone Energy has found some inconsistencies in standard fittings, thus, the firm is working on fixing these issues.

about 3 years ago
TORM
Business & Finance

TORM swoops in to buy three fuel-efficient MR product tankers

Danish shipping company TORM has inked a deal to acquire three 2013-built MR eco product tankers, pushing its fleet to 88 vessels. The company said the tankers will be bought for a total cash consideration of $48.5 million and the issuance of 1.42 million shares. As informed, the three vessels are a

about 3 years ago
FPSO BW Opportunity; Source: BW Offshore
Business & Finance

BW Offshore wraps up sale of FPSO

Norway’s FPSO operator BW Offshore has completed the sale of a floating, production, storage, and offloading (FPSO) vessel to a buyer, whose name was not revealed.

about 3 years ago
Illustartion; Source: Wood Mackenzie
Authorities & Government

Would permitting reform get rid of the red tape for U.S. energy infrastructure projects?

Wood Mackenzie believes permitting reform could be part of the solution to the strains created by rapid growth in renewables.

about 3 years ago
ONE
Business Developments & Projects

ONE orders 10 methanol/ammonia-ready 13,700 TEU boxships

Singapore-based shipping company Ocean Network Express (ONE) has placed an order for ten methanol/ammonia-ready containerships.

about 3 years ago
Scrubber
Authorities & Government

BIMCO: Scrubber installation set to rise despite 2022 fall

Exhaust gas cleaning systems, also known as scrubbers, were installed on 399 ships in 2022, marking a fall of 24% y/y, data from BIMCO shows. The systems are being installed on ships to comply with the IMO 2020 Sulphur Cap as a way of cleaning out sulphur emissions while continuing to burn less expe

about 3 years ago
With environmental approval in place, Canada’s Cedar LNG inks long-term liquefaction services deal
Authorities & Government

With environmental approval in place, Canada’s Cedar LNG inks long-term liquefaction services deal

Cedar LNG, Canada’s first Indigenous majority-owned LNG facility, has received its environmental assessment certificate (EAC) from the British Columbia (B.C.) Environmental Office, and has signed a memorandum of understanding with ARC Resources for long-term liquefaction services. The proposed Cedar

about 3 years ago
Mexico’s Énestas joins SEA-LNG coalition
Business Developments & Projects

Mexico’s Énestas joins SEA-LNG coalition

Énestas, the Mexican natural gas company which provides access to LNG for power generation, industry, and transport, has become a member of SEA-LNG, the multi-sector industry coalition established to demonstrate the commercial and environmental benefits of LNG as a marine fuel. According to SEA-LNG,

about 3 years ago
Golar acquires New Fortress Energy’s stake in FLNG Hilli
Business & Finance

Golar acquires New Fortress Energy’s stake in FLNG Hilli

Golar LNG, an owner and operator of marine LNG infrastructure, has closed the acquisition of New Fortress Energy’s (NFE) stake in FLNG Hilli – the 2.4 mtpa floating liquefaction facility. On 15 March, Golar confirmed that the agreement to acquire NFE’s interest in FLNG Hilli, effective 1 January 202

about 3 years ago
Sea Change
Green Marine

1st U.S. hydrogen-powered ferry arrives in San Francisco

The first hydrogen fuel cell-powered ferry in the United States, named Sea Change, has arrived in San Francisco, California. The vessel was towed to the California Bay Area on Sunday, March 13, the San Francisco Chronicle reports, adding that the vessel is expected to start taking its first passenge

about 3 years ago
British Columbia’s new energy action framework to cap emissions, LNG facilities in focus
Authorities & Government

British Columbia’s new energy action framework to cap emissions, LNG facilities in focus

Canada’s province British Columbia has a new energy action framework that is expected to cap emissions and create new opportunities for people in clean energy and technology. According to BC’s government, under this new framework, the province will require all proposed LNG facilities in or entering

about 3 years ago
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