Ocean Winds, a joint venture of EDPR and Engie, has decided to sell a minority stake in the 500 MW Îles d’Yeu and Noirmoutier offshore wind farm in France to Allianz Global Investors. Under the agreement, Ocean Winds will sell a 20.25% stake in the project for an equity value of €200 million, implyi
Singapore-based green technology solutions provider Yinson GreenTech (YGT) has unveiled its next-generation fully electric cargo vessel, the Hydromover 2.0, and secured a landmark agreement for its deployment in the United Arab Emirates (UAE).
Japanese classification society Nippon Kaiji Kyokai (better known as ClassNK) has given a technology qualification (TQ) certificate for a component of South Korean shipbuilding giant Samsung Heavy Industries’ (SHI) autonomous navigation solution. As disclosed, the TQ—which is issued for solutions ba
Fugro UST21, a joint venture between Fugro and Underwater Survey Technology 21 (UST21), has completed offshore geotechnical site investigations for Ørsted’s 1.4 GW Incheon offshore wind farm in South Korea. Fugro’s geo-data will support the design of foundations and cable routes across the whole dev
Golar Hilli Corporation, a subsidiary of the Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure Golar LNG, has received the all-systems-go signal for a two-decade-long charter of its floating LNG (FLNG) unit at Argentina’s LNG project on the South Americ
Italian maritime transportation group Fratelli Cosulich has hit a new milestone in the construction of its methanol-ready IMO II bunker tankers with the steel cutting ceremony for the third vessel.
Allseas has added a new decommissioning feat to its book of achievements with the removal of a platform in the Northern North Sea (NNS).
Finnish technology group Wärtsilä is staying longer on the liquefied natural gas (LNG) carrier lifecycle duty with Greece’s TMS Cardiff Gas, part of TMS, thanks to a multi-year deal for seven LNG vessels.
Stargate Hydrogen and OX2 have signed an agreement to jointly accelerate the commercial deployment of large-scale renewable hydrogen production in the Nordic region.
Danish power cable manufacturer and installation firm NKT has made an investment in a cable lay barge from Dutch Boskalis, further strengthening its offshore cable installation tools and capabilities. NKT is planning to upgrade the Boka Constructor and modernize it for near-shore cable laying and bu
Norwegian energy giant Equinor and NG Nordic-owned Mana have formed an early-stage strategic partnership to explore the potential development of the Nordics’ first large-scale waste-to-methanol project at Mongstad complex, with the support of sustainable technology solutions provider NEXTCHEM.
Pancontinental Energy has shed light on the analysis of quantitative interpretation volumes related to the hydrocarbon potential of a petroleum exploration license (PEL) it operates in the Orange Basin, off the coast of Namibia.
European, Chinese and South Korean financiers have over half of their portfolio tied to oil and gas carriers that are most at risk of becoming stranded assets in the global rush to shift to a low-carbon energy system, a new report by UCL’s Energy Institute Shipping and Oceans Research Group suggests
Gen2 Energy and MB Energy have signed a memorandum of understanding (MoU) to develop a collaboration focusing primarily on production, offtake, and distribution of RFNBO-compliant liquid hydrogen from Gen2 Energy’s project portfolio in Norway to MB Energy’s end customers in Germany.
