Corio Generation and TotalEnergies have selected a consortium comprising Technip Energies, Subsea 7, and Samkang M&T to perform Front-End Engineering Design (FEED) for their 504 MW floating wind project in South Korea. The contract covers engineering for the floating foundation, mooring, and inter-a
Hy2gen and Technip Energies are launching the feasibility studies phase for the Hynovera project, which aims to produce renewable fuels for aviation and maritime use on an industrial scale.
Texas-based Port of Corpus Christi has set sights on its first solar farm in the 100-year history of the energy exporting port. The port authority is partnering with Buckeye Partners, L.P. on an 81,000+ panel project that will be located in San Patricio County on Port of Corpus Christi property near
The new U.S. energy bill is celebrated by environmentalists but the oil & gas lobby sees it as a detriment to investment in fossil fuels.
Norwegian subsea and offshore wind contractor Havfram has appointed a new chief executive officer (CEO) in an effort to further strengthen its financial focus and move forward in the industrial energy transition. As of 16 August, Ingrid Due-Gundersen has been appointed by the board as the new CEO to
Danish tanker shipping company TORM has taken majority ownership in compatriot scrubber supplier ME Production (MEP). Namely, TORM has bought a 75% ownership stake in the company from the present owner and founder, Jens Peter Faldt, who will retain the remaining 25% ownership. The transaction builds
Petrobras has started the process for the sale of a partial interest in exploration assets in the Potiguar Basin offshore Brazil.
Bermuda-based SFL Corporation has agreed to acquire four scrubber-fitted Suezmax tankers in combination with long-term time charters to a subsidiary of Koch Industries industrial conglomerate. The vessels are built in 2015 and 2020, respectively, and all four have modern eco-design features. The agg
Chinese yard has finished building an FPU to ABS Class for the revamped development of a cluster of satellite fields off Indonesia.
Germany has formally confirmed its intention to have liquefied natural gas (LNG) terminals in Brunsbüttel und Wilhelmshaven ready at the turn of the year 2022/2023.
Trendsetter Engineering has secured a contract with Well-Safe Solutions to utilise its flagship intervention system and technical services for UK North Sea abandonment. Under the contract, Trendsetter will deploy its Trident Intervention System which was designed for rapid reconfiguration in the fie
Oslo-listed shipping company Wallenius Wilhelmsen has secured $800 million of new loans secured by 20 vessels. The flagship facilities consist of two new financing agreements, with tenors ranging from 5.5 to 6.5 years, and were signed with 11 banks on June 30th. On August 15th, $670 million was draw
Indonesia has the potential to become an international producer and bunkering hub for scalable zero-emission fuels (SZEF) such as green hydrogen and green ammonia, a new report from the P4G-Getting to Zero Coalition shows. Namely, Indonesia is estimated to have roughly 40% of the world’s reserves of
Scottish marine energy company QED Naval is seeking strategic partners for the supply and manufacture of composite tidal turbine blades for its Subhub-CD platform.
