Hamburg-based asset and investment manager MPC Capital has acquired a 50% stake in the compatriot performance management firm BestShip from Norway’s maritime group Wilhelmsen, a move expected to help the company ‘reinforce’ its position in energy transition-related activities. As disclosed, BestShip
French offshore solar start-up HelioRec has launched the STEWART project, aimed at advancing environmentally friendly floating solar solutions, backed by the European Union and Région Pays de la Loire through the Clean Energy Transition Partnership (CETPartnership). According to HelioRec, the STEWAR
BP has been hired by Oil and Natural Gas Limited (ONGC) to handle the decline in hydrocarbon production levels at a giant oil field in the country’s waters.
Eni has refuted the conclusions drawn by Exmar, concerning the latter’s bonus expectations based on the production data for a floating liquefied natural gas (FLNG) unit the firm sold to the Italian player.
Singapore-based shipbuilder Strategic Marine has signed a contract with Odyssey Group under which it will construct a new multi-purpose survey vessel for the Australian maritime logistics provider. Strategic Marine said that the vessel would be tailored to meet Odyssey Group’s specific operational n
First liquified natural gas (LNG) production has been achieved at a gas development offshore Mauritania and Senegal operated by the UK’s energy giant BP.
The Port of Klaipėda in Lithuania has begun installing the required infrastructure to supply electricity to moored vessels, a move expected to ‘significantly’ cut down on harmful emissions and noise pollution in the area. As disclosed, this endeavor involves the construction of three stations that w
ASX-listed Hartshead Resources has submitted a program and budget for the development of a new gas export route from a production license situated on the United Kingdom Continental Shelf (UKCS) for approval to its partners in the P2607 joint venture (JV).
Four 18,000 cubic meter (cbm) LNG bunkering vessels will be built by HD Hyundai Mipo in Ulsan.
German cruise line TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises, has taken delivery of Mein Schiff Relax, the first of two liquefied natural gas (LNG) dual-fuel cruise ships being constructed by Italian shipbuilding player Fincantieri. As disclosed, the red carpet for the
China’s green energy technology company Dealfeng New Energy Technology recently completed a multi-million RMB Pre-A Series funding round, attracting investment by TZME (TianJin), a compatriot company active in the mechanical equipment industry.
Van Oord’s ten-year-old cable laying vessel (CLV) Nexus has been equipped with advanced selective catalytic reduction (SCR) systems said to reduce 80% of nitrogen (NOx) emissions. Damen Shipyards Group, who built the cable layer ten years ago, installed five SCR units on the Nexus, one for each engi
Norwegian ammonia distributor Yara Clean Ammonia and Japan’s shipping company NYK Line have concluded what is said to be the “world’s first” time-charter contract for an ammonia-fueled medium gas carrier.
Norway-based energy data and intelligence company TGS has secured two 4D streamer contracts in Norway, one to be performed in the North Sea and one in the Norwegian Sea. The 4D projects will be acquired back-to-back and are set to commence in June, having a total duration of approximately 80 days. K
