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LR and SHI to work on green ammonia FPSO system
Business Developments & Projects

LR and SHI to work on green ammonia FPSO system

South Korean shipbuilder Samsung Heavy Industries (SHI) and classification society Lloyd’s Register (LR) have signed a memorandum of understanding (MoU) to jointly develop a floating production, storage, and offloading (FPSO) for green ammonia. Together, SHI and LR plan to develop the FPSO unit that

about 1 year ago
FPSO BW Opal; Source: BW Offshore
Business & Finance

Australia-bound FPSO on track for first gas in 2025 but BW Offshore facing cost overruns (Gallery)

BW Offshore is anticipating additional costs of up to $150 million for the completion of the remaining work related to its newbuild floating production storage and offloading (FPSO) vessel, which is anticipated to start work at a Santos-operated giant gas project off the coast of Australia in the se

about 1 year ago
Shell worker in the uniform
Business Developments & Projects

Shell and Technip Energies tighten collaboration on CO2 capture technology

French engineering player Technip Energies and catalysts, technical services, and licensed process technologies provider, Shell Catalysts & Technologies, are advancing their decade-long collaboration, moving towards global exclusivity for delivering amine-based post-combustion carbon capture solutio

about 1 year ago
ONE
Collaboration

ONE, Seaspan Corporation create ONESEA

Singapore-based shipping company Ocean Network Express (ONE) and Hong Kong-based containership lessor Seaspan Corporation have created OneSea Solutions (ONESEA), a solutions provider focused on technical ship management and maritime talent development.

about 1 year ago
MMEGA FPSO design; Source: MISC
Business & Finance

Bumi Armada and MISC mulling over potential merger to consolidate floating production businesses

Malaysia’s Bumi Armada is pondering a business combination with the offshore segment of MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services.

about 1 year ago
An offshore platform
Authorities & Government

Norwegian State bringing into its fold world’s ‘most extensive’ gas network for $1.6 billion

Norway’s Ministry of Energy has signed purchase agreements with seven companies forming part of three joint ventures (JV) that own “key” parts of the country’s gas transportation system. Agreements have been concluded with A/S Norske Shell, CapeOmega, ConocoPhillips Skandinavia, Equinor Energy, Hav

about 1 year ago
ORIX eyes up to 20% emissions reduction through biofuel trial
Business Developments & Projects

ORIX eyes up to 20% emissions reduction through biofuel trial

Tokyo-based financial services company ORIX Corporation has decided to conduct a sea trial using biofuel on its owned vessel which is currently chartered by Danish shipping company Norden. The trial will the first time for ORIX to use biofuels on the owned vessel, specifically a fuel composed of a m

about 1 year ago
A large vessel at sea
Business Developments & Projects

ADNOC to supply India with LNG until 2036

ADNOC Gas, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has signed a ten-year liquefied natural gas (LNG) sales and purchase agreement (SPA) with India’s state-owned natural gas player GAIL.

about 1 year ago
SEFE, Eletrobras and EnerTech ally to supply green hydrogen to Germany
Business Developments & Projects

SEFE, Eletrobras and EnerTech ally to supply green hydrogen to Germany

Germany’s Securing Energy for Europe (SEFE), Brazil’s Eletrobras and Kuwaiti EnerTech have signed a joint study agreement (JSA) to supply Germany with 200,000 tons of green hydrogen per year produced from Brazilian hydropower, starting by 2030.

about 1 year ago
NREL’s wave-powered desalination device hits the water
Business Developments & Projects

NREL to make 2.0 version of wave-powered desalination device after first faced hiccups (Video)

Following months of data-driven insights from deployments off North Carolina’s Outer Banks, the U.S. National Renewable Energy Laboratory (NREL) is moving forward with a next-generation iteration of its hydraulic and electric reverse osmosis (HERO) wave energy converter (WEC), a wave-powered desalin

about 1 year ago
Joe Biden; Source: The White House
Business & Finance

US backs PRPA’s clean energy upgrades and emissions reduction projects with fresh funding

The U.S. Environmental Protection Agency (EPA) has awarded a $1.8 million grant to the Puerto Rico Ports Authority (PRPA) to drive climate resilience and air quality improvements across the port operations.

about 1 year ago
Toyofuji
Collaboration

Toyofuji Shipping’s LNG-powered RoRo ship, the second in a batch of two, takes to the water

Mitsubishi Shipbuilding, a subsidiary of Japan’s Mitsubishi Heavy Industries (MHI), has launched and christened the second of two liquefied natural gas (LNG)-powered dual fuel roll-on/roll-off (RoRo) ships ordered by compatriot Toyofuji Shipping. The ceremony took place recently at the Enoura Plant

about 1 year ago
In midst of expansion initiatives, N-Sea to develop new-built operations support base
Business & Finance

In midst of expansion initiatives, N-Sea to develop new-built operations support base

Netherlands-headquartered subsea solutions provider N-Sea Group is planning to develop a new-built operations support base in IJmuiden in 2025, said to enable it to support all offshore activities in the Europe region from one location. N-Sea Group has signed a contract to build a new operations sup

about 1 year ago
Tata Steel and ECOLOG join forces for Norway-Netherlands liquid hydrogen corridor
Business Developments & Projects

Tata Steel and ECOLOG join forces for Norway-Netherlands liquid hydrogen corridor

Dutch steel producer Tata Steel and Greek mid-stream carbon capture, utilization and sequestration (CCUS) service provider ECOLOG have signed an agreement with Norwegian green hydrogen project developer Gen2 Energy and the Port of Amsterdam to assess feasibility of creating a liquid hydrogen import

about 1 year ago
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