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ERMA FIRST
Business & Finance

ERMA FIRST acquires Ecochlor to expand global BWTS footprint

Greek ballast water treatment specialist ERMA FIRST has completed the acquisition of its US-based counterpart, Ecochlor, as part of its growth strategy to increase market share.

about 1 year ago
Plans unveiled for 10 GW hydrogen production facility in Malaysia
Business Developments & Projects

Plans unveiled for 10 GW hydrogen production facility in Malaysia

LBS, Invest Sabah, SAFODA and Midwest Green have signed a memorandum of understanding (MoU) for the development and construction of a green hydrogen production facility in Sabah.

about 1 year ago
One Italian approval to go for second interconnector to Malta
Authorities & Government

One Italian approval to go for second interconnector to Malta

Sicily has given its approval for the second interconnector between Malta and Italy, some eleven months after the project had been granted the development permit from the Maltese side. The IC2 interconnector will consist of a 122-kilometer high-voltage alternating current (HVAC) electrical cable int

about 1 year ago
Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies, Shell, BP, and Equinor to assist in tackling energy access woes with $500M pledge

Four energy giants – France’s TotalEnergies, Norway’s Equinor, and the UK-headquartered Shell and BP – have confirmed their plans to pool resources to help support access to energy with a $500 million joint investment commitment.

about 1 year ago
ammonia
Collaboration

S. Korean industry players, Liberian Registry partner on STS ammonia bunkering guidelines

Korean Register (KR), HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HD HHI), KSS Line, and the Liberian Registry have signed a Memorandum of Understanding (MoU) to develop the safety guidelines for ship-to-ship ammonia bunkering.

about 1 year ago
port
Business Developments & Projects

ZEMBA’s upcoming tender zeroes in on first commercial e-fuels deployment

Zero Emission Maritime Buyers Alliance (ZEMBA) has set sights on catalyzing the first commercial deployment of e-fuels in the maritime sector through its next tender, set to be launched in January 2025, enabling its members to abate around 470,000 metric tonnes of greenhouse gas (GHG) emissions. On

about 1 year ago
FPSO One Guyana; Source: SBM Offshore
Business & Finance

SBM Offshore’s FPSO trio nearing finish line for first oil next year as ExxonMobil sets its cap on buying another Guyanese unit

SBM Offshore is putting the finishing touches in place to make three of its floating production, storage, and offloading (FPSO) vessels ready to start their assignments next year. Two of these will be deployed at oil fields offshore Brazil while one is destined for ExxonMobil’s project off the coast

about 1 year ago
New alliance looking into hydrogen pipeline connecting Indonesia and Singapore
Business Developments & Projects

New alliance looking into hydrogen pipeline connecting Indonesia and Singapore

Sembcorp Industries has signed a joint development framework agreement (JDFA) with PT PLN EPI and PT TGI to establish a potential hydrogen transportation pipeline connecting Sumatra, the Riau Islands in Indonesia and Singapore.

about 1 year ago
Illustration; Source: OMV
Authorities & Government

Arbitration win against Gazprom enables OMV to take €230M plus interest and costs home

OMV has managed to get the upper hand in the arbitration case against Gazprom Export, a subsidiary of Russia’s gas giant Gazprom, over the latter’s alleged irregular gas supplies to Germany.

about 1 year ago
Norwegian
Business Developments & Projects

Norwegian and Greek firms team up on joint CO2 corridor project between Norway and the Netherlands

Norwegian clean energy company Horisont Energi and ECOLOG, a Greek mid-stream carbon capture, utilization and sequestration (CCUS) service provider, have entered into an agreement to ‘advance’ the development of a carbon dioxide (CO2) corridor between Norway and the Netherlands. As disclosed, the pr

about 1 year ago
DeepOcean’s inaugural USV taking shape at Spanish shipyard (Photos)
Business & Finance

DeepOcean’s inaugural USV taking shape at Spanish shipyard (Photos)

An advanced unmanned surface vessel (USV) being built in Spain for DeepOcean and its partners has started taking shape at GONDAN Shipbuilders. GONDAN Shipbuilders started the construction of the USV Challenger in March, following the order from USV A/S, a joint venture of DeepOcean, Solstad Offshore

about 1 year ago
platform
Collaboration

Mærsk Mc-Kinney Møller Center, RMI launch new platform to drive sustainable shipping

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) and RMI (formerly Rocky Mountain Institute) have launched Katalist, a not-for-profit ‘book and claim’ registry designed to accelerate the shipping industry’s decarbonization journey.

about 1 year ago
Valaris 123 jack-up rig; Source: Valaris
Business & Finance

Shell begins laying the groundwork for recent North Sea gas discovery to become FID-ready

Shell is taking steps to set the stage for a potential final investment decision (FID) to be taken in relation to its recent gas discovery in the North Sea, which is located on the UK Continental Shelf (UKCS).

about 1 year ago
Illustration/Wave energy device testing (Screenshot/Video by Maynooth University COER)
Business Developments & Projects

Wave energy can meet double Ireland’s power needs – if supported, COER says

Ireland’s wave energy sector, with the potential to power the country twice over, has fallen short of its 2030 targets, according to experts from the Centre for Ocean Energy Research (COER). Despite Ireland’s 2030 climate targets, COER warns that without substantial, long-term support, this untapped

about 1 year ago
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