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Additional two years for OWF construction will cut risk and cost, Vattenfall's Ireen Geerbex says
Authorities & Government

Extending construction window for OWFs will cut cost and risk, Vattenfall’s Ireen Geerbex says

Innovation in wind energy has been one of the main pillars driving the upscale of the sector, enabling better components, larger and stronger turbines, faster and more cost-effective logistics, but what about its integration into tenders? Innovative approaches in tender designs can have a major impa

about 1 year ago
FLNG Gimi works on BP's Greater Tortue Ahmeyim (GTA) project; Source: Golar LNG
Business & Finance

BP’s biggest project achieves ‘key milestone’ as FLNG gets first gas

With floating liquefied natural gas (FLNG) commissioning activities in full swing, BP has achieved another first at a gas development off the coasts of Mauritania and Senegal, which is said to be the biggest project in its portfolio and one of the deepest, most complex gas developments in Africa.

about 1 year ago
A man and a woman standing next to each other
Business & Finance

ADNOC’s $10B gas supply deal boosting UAE’s energy transition

ADNOC Gas, an affiliate of Abu Dhabi National Oil Company (ADNOC), has entered into a long-term strategic partnership with Emirates Water and Electricity Company (EWEC), the procurer and supplier of water and electricity in Abu Dhabi. The duo has also signed a gas sales and purchase agreement (GSPA)

about 1 year ago
Maersk
Business Developments & Projects

Methanol-ready 12,800 TEU Maersk Eunapolis delivered

A methanol-ready 12,800 TEU containership—to be operated by Danish shipping giant Maersk—has been delivered at Japan Marine United (JMU) Corporation shipyard.

about 1 year ago
The Marine Energy All-Party Parliamentary Group (APPG) has been relaunched under the new UK Parliament, with Orkney and Shetland member of parliament (MP) Alistair Carmichael as chair.
Business Developments & Projects

UK Members of Parliament push for increased support for marine energy projects

Last week, a parliamentary debate brought the future of the UK’s marine energy sector into focus, as Members of Parliament (MPs) called for enhanced government support to harness the country’s tidal and wave energy potential. The discussion underscored the need for funding and initiatives to solidif

about 1 year ago
UK
Authorities & Government

UK supports maritime decarbonization with new $37M funding

On January 16, 2025, the UK launched the latest round of the Clean Maritime Demonstration Competition (CMDC6).

about 1 year ago
CMA CGM
Technology

CMA CGM’s LNG-powered octet to debut Wärtsilä’s new methane-reducing engine technology

French shipping heavyweight CMA CGM has placed the inaugural order for Finnish technology group Wärtsilä’s engines outfitted with a new methane emissions-slashing feature which are to be installed on a liquefied natural gas (LNG)-powered boxship octet. As disclosed, the 100,000 dwt container vessels

about 1 year ago
SEFE and Höegh Evi ally to establish international hydrogen supply chains
Business Developments & Projects

SEFE and Höegh Evi ally to establish international hydrogen supply chains

Germany’s Securing Energy for Europe (SEFE) and Norwegian energy infrastructure solutions provider Höegh Evi have signed a memorandum of understanding (MoU) to jointly develop international supply chains for clean hydrogen to be delivered to Germany and other locations in Europe.

about 1 year ago
founder and CEO of WaveX, Simon Renwick
Business & Finance

WaveX and Trident Energy unite for wave energy project in Western Australia

Australian wave energy company WaveX has signed a heads of agreement with UK-based Trident Energy to collaborate on advancing wave energy systems. According to WaveX, the partnership will focus on integrating Trident’s PowerPod linear generators into WaveX’s D-Spar wave energy converter (WEC) to enh

about 1 year ago
View of a port with a mountain in the background
Business Developments & Projects

South Africa getting more LNG from northern neighbor

Botala Energy, an Australian energy company focused on exploration and development opportunities for natural gas and renewables in Botswana, has signed a non-binding term sheet for a long-term liquefied natural gas (LNG) supply agreement with FFS Refiners (FFS), a South African hydrocarbon solutions

about 1 year ago
Gearbulk
Business & Finance

MOL wraps up Gearbulk acquisition

Japanese shipping major Mitsui O.S.K. Lines has completed the acquisition of a majority stake in Swiss open-hatch vessel owner Gearbulk.

about 1 year ago
FPSO Dorado; Source: Santos
Business & Finance

Australian player takes a rain check on FID for giant oil project

Santos has put off a final investment decision (FID) for a huge oil development project in the Bedout Basin off the coast of Western Australia (WA).

about 1 year ago
Rotterdam and Antwerp-Bruges ports call on EU to invest in industry competitiveness
Authorities & Government

Rotterdam and Antwerp-Bruges ports call on EU to invest in industry competitiveness

Port of Rotterdam and Port of Antwerp-Bruges are calling on the European Commission (EC) to make large-scale investments in the competitiveness of industry in Europe.

about 1 year ago
MERC
Environment

MERC: Fleet efficiency is ‘essential’ to maritime decarbonization

An array of measures focused on efficiency needs to be applied to the existing global fleet in order for the maritime industry to minimize the amount of alternative fuels required and, thereby, cut the overall cost of the energy transition, a new paper from the Athens-based non-profit organization M

about 1 year ago
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