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A heat exchanger being loaded onto a ship
Business & Finance

Honeywell wraps up takeover of Air Products’ LNG business

U.S.-based technology firm Honeywell has completed the acquisition of liquefied natural gas (LNG) process technology and equipment business from Air Products, a compatriot industrial gases supplier. The closing conditions for the all-cash transaction, first announced in July, have been fully met wit

about 1 year ago
Australia's light blue beach representing an Indigenous-led research report that has proposed a cultural license to operate (CLO) framework to help industries collaborate with First Nations
Business Developments & Projects

Australian research institutions set seven recommendations for advancement of wave energy industry

The Blue Economy Cooperative Research Centre (CRC) has unveiled a report, led by the University of Western Australia, outlining seven key recommendations to drive the advancement of Australia’s wave energy industry. According to Blue Economy CRC, wave energy could boost Australia’s AUD 118 billion (

about 1 year ago
Installation works wrap up at Wilhelmshaven 2 LNG terminal; Source: Geocean
Business & Finance

With installation ops done, Germany’s new LNG terminal ready for FSRU connection to gas grid (Video)

ECOnnect Energy is nearing the last mile of the installation work related to a jettyless ready IQuay solution for liquefied natural gas (LNG) import to Germany’s second terminal in Wilhelmshaven.

about 1 year ago
Thor Axess HSM
Business & Finance

Axess wins cable work on Denmark’s largest offshore wind farm

Axess Technologies has secured a cable installation contract with HSM Offshore Energy for the Thor offshore wind farm located off the Danish west coast. The scope of work includes project management, engineering, pulling, terminating, and testing the internal platform cables into the Thor offshore s

about 1 year ago
ABS okays Imodco’s jetty-less terminals technology for ammonia and CO2
Business Developments & Projects

ABS okays Imodco’s jetty-less terminals technology for ammonia and CO2

Imodco, a part of the SBM Offshore group, has been awarded approval in principle (AiP) by the classification society ABS for the use of its Tower Loading Unit (TLU) and Catenary Anchor Leg Mooring (CALM) Soft Yoke systems for ammonia and also for CO2 injection.

about 1 year ago
A vessel at sea
Business & Finance

Swiss player getting its first LNG carrier in 2027

Swiss-based MET Group has closed a deal with Danish shipowner Celsius for one liquefied natural gas (LNG) vessel, to be built by China Merchants Heavy Industry-Jiangsu.

about 1 year ago
Erik Thun welcomes first hybrid Lake Vanern Max vessel
Business Developments & Projects

Erik Thun welcomes first hybrid Lake Vanern Max vessel

Swedish shipping company Erik Thun has taken delivery of the first plug-in hybrid dry cargo vessel in the next-generation Lake Vanern Max series from Ferus Smit shipyard in the Netherlands. Erik Thun revealed the delivery of the vessel named Lidan October 2, 2024, adding the vessel had sailed from f

about 1 year ago
bremenports
Collaboration

Companies to work together on decarbonization measures for bremenports

Companies at Germany’s bremenports have drawn up a joint declaration to continue working together to advance decarbonization and energy transition.

about 1 year ago
Uni-Tankers achieves 37.6% CI reduction, paving the way for 2030 sustainability goals
Environment

Uni-Tankers achieves 37.6% CI reduction, paving the way for 2030 sustainability goals

Uni-Tankers has achieved a 37.6% reduction in the carbon intensity (CI) of its owned and operated fleet measured against the 2008 IMO baseline.

about 1 year ago
COSL Innovator rig; Source: COSL
Business & Finance

COSL rig moving to next well on its drilling agenda as UK oil & gas player gears up to bring online previous one

Serica Energy is setting the stage to start production from a recently drilled well in the UK sector of the North Sea.

about 1 year ago
Energinet finds contractor for replacement of cables connecting Denmark and Sweden
Business & Finance

Energinet finds contractor for replacement of cables connecting Denmark and Sweden

Danish national transmission system operator (TSO) Energinet has selected a contractor to undertake the replacement of an outdated submarine cable that passes across Øresund connecting Denmark and Sweden. Together with Swedish TSO Kraftnät, Energinet owns and operates four Øresund links that connect

about 1 year ago
Saipem unveils solution for large-scale green hydrogen production, utilizing Nel’s technology
Business Developments & Projects

Saipem unveils solution for large-scale green hydrogen production, utilizing Nel’s technology

Saipem has unveiled IVHY 100, a 100 MW green hydrogen solution leveraging Nel’s technology, advancing the decarbonization of hard-to-abate industries and renewable hydrogen production.

about 1 year ago
PosHYdon green hydrogen pilot moves to next phase with onshore test ticked off the list
Business Developments & Projects

PosHYdon green hydrogen pilot moves to next phase with onshore test ticked off the list

The PosHYdon project, also known as the world’s first pilot that aims to produce green hydrogen on an operational gas platform in the North Sea, has reached a new milestone with the completion of its onshore testing phase. The 15-member project consortium announced the start of the onshore testing p

about 1 year ago
Hanwha Ocean's
Certification & Classification

Hanwha Ocean’s rotor sail technology receives blessing from BV, Liberian Registry

South Korean shipbuilding titan Hanwha Ocean has been awarded approvals from the French classification society Bureau Veritas (BV) and the Liberian Registry respectively via a statement of compliance (SoC) and approval in principle (AiP) for its rotor sail technology onboard liquefied natural gas (L

about 1 year ago
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