State-owned Russian gas company Gazprom has again shut off the Nord Stream 1 pipeline that supplies Europe with gas due to maintenance. Nord Stream 1 has been running at reduced capacity following a ten-day shutdown in July and in the past month, the flow was at approximately 20% of normal capacity.
Knutsen NYK Offshore Tankers (KNOT), a joint venture between Japanese shipping company NYK and Norway’s shipping company TS Shipping Invest, has taken delivery of its second dual-fuel LNG shuttle tanker.
Singapore’s Keppel has reached final investment decision (FID) to develop a hydrogen-ready power plant and has awarded an engineering, procurement and construction (EPC) contract to Mitsubishi Power Asia Pacific and Jurong Engineering.
The UK-based Core Power has secured research funds from the U.S. Department of Energy’s Nuclear Energy University Program (NEUP) to study the development of offshore floating nuclear power generation in the US. Core Power specializes in scalable atomic power technology for ocean transport and heavy
French sailing freight transport company TransOceanic Wind Transport (TOWT) has contracted compatriot shipyard Piriou for the construction of the second 81-metre sailing cargo ship. TOWT ordered the first wind-powered ship at the same shipyard at the beginning of the year. Its delivery is scheduled
The start of Trillion’s 2022 – 2023 drilling campaign on a gas field in the Black Sea has been delayed until rig repairs are completed.
The Bill Gates-founded investment fund Breakthrough Energy Ventures (BEV) has entered as an investor in Danish fuel cell company Blue World Technologies alongside Vaekstfonden, DEUTZ AG, and existing investors who invested back in December 2021 to complete the company’s €37 million series B round.
Norwegian floating solar company Ocean Sun has reported an increase in revenues for the first half of the fiscal year 2022, as opposed to the same period a year earlier.
Baker Hughes has launched a new fast all-electric tiebacks solution, said to reduce capital expenditure costs by 15% compared to traditional electro-hydraulic multiplexed systems. According to Baker Hughes, the system drives cost efficiencies through optimized architecture and reduced topside footpr
Classification society DNV has issued approval in principle (AiP) to Norway-based H2Carrier for its industrial-scale concept for a floating production unit to produce green ammonia at sea, confirming the technical feasibility of the design. H2Carrier is the designer and owner of the proprietary P2XF
The 11-turbine Hywind Tampen, the world’s first floating wind farm to power offshore oil and gas platforms, is close to producing its first power, according to Equinor’s latest press release. A milestone was reached when the first subsea cables were laid by Subsea 7 and the connection was made to Gu
e1 Marine, a global renewable energy company, said that its M-series methanol to hydrogen generator has received Approval in Principle (AiP) for marine applications from the Republic of the Marshall Islands (RMI) Maritime Administrator. The AiP covers application on any vessel type and comes on the
American Bureau of Shipping (ABS) is providing new technology qualification (NTQ) services for pioneering ammonia subsea storage technology from NOV.
The Australian energy crisis highlights the challenge of finding the balance between energy security and net-zero goals, says Wood Mackenzie.
