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NoviOcean power plant that combines wave, wind and solar energy.
Business & Finance

Swedish developer seeks backing to scale wave, wind, and solar hybrid technology (Video)

Swedish renewable energy firm Novige, which stands behind the hybrid wave, wind, and solar converter NoviOcean, is on the lookout for funding to scale its operations and integrate the technology into offshore wind farms. After securing the SEK 1 million (around $99,210) Startup4Climate award for the

about 1 year ago
AFRY comes on board Australia’s flagship green ammonia project
Business Developments & Projects

AFRY comes on board Australia’s flagship green ammonia project

Australian company Allied Green Ammonia (AGA) has awarded AFRY, a global provider of engineering, design, digital and advisory services, the owner’s engineering assignment for its flagship green ammonia project in the Northern Territory, Australia.

about 1 year ago
EU issues terms and conditions for second hydrogen bank auction
Authorities & Government

EU issues terms and conditions for second hydrogen bank auction

The European Commission (EC) has published the final terms and conditions (T&Cs) for its second auction for the production of renewable hydrogen (IF24 Auction), via the Innovation Fund.

about 1 year ago
New Norwegian partnership set up to digitalize North Sea oil & gas area
Business & Finance

New Norwegian partnership set up to digitalize North Sea oil & gas area

Norwegian oil and gas player Aker BP and compatriot energy data and intelligence company TGS have expanded their ongoing cooperation with a strategic partnership aimed at digitalizing the Yggdrasil area in the North Sea. As part of the new agreement, Aker BP will integrate TGS’ Prediktor Data Gatewa

about 1 year ago
ABS
Business Developments & Projects

ABS and Hanwha Ocean ink deal to accelerate sustainability, digitalization, and cybersecurity in offshore operations

Classification society American Bureau of Shipping (ABS) has signed a multi-year Offshore Technology Collaboration Agreement (OTCA) with the South Korean shipbuilder Hanwha Ocean, seeking to explore the yet-uncharted territories of sustainability, digitalization and cybersecurity across the maritime

about 1 year ago
Troll A platform; Credit: Øyvind Gravås and Even Kleppa/Equinor
Business & Finance

Aker Solutions ready for work on another chapter in giant North Sea gas project’s story

Aker Solutions has been hired for topside modification assignment at a project that aims to bolster gas production from a giant oil and natural gas field in the northern part of the North Sea, which Equinor operates on the Norwegian Continental Shelf (NCS).

about 1 year ago
BREB
Business Developments & Projects

BREB gears up to deploy wind-powered methanol-ready MPP fleet in 2025

German transporation company BREB is preparing to welcome four wind-powered methanol-ready multipurpose dry cargo vessels in 2025.

about 1 year ago
AtoB@C, Metsä Group join forces to slash wood transport emissions
Collaboration

AtoB@C, Metsä Group join forces to slash wood transport emissions

AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has joined forces with compatriot forest industry group Metsä Group, to reduce fossil-based carbon dioxide emissions from shipping in the wood supply chain.

about 1 year ago
Marubeni and Solvang start joint operation of ammonia carrier
Business Developments & Projects

Marubeni and Solvang start joint operation of ammonia carrier

Japanese conglomerate Marubeni Corporation has signed a partnership agreement with Norwegian shipping company Solvang to start the joint operation of an ammonia carrier as it steps up efforts to contribute to the global low-carbon ammonia value chain. Under the partnership agreement, Marubeni and So

about 1 year ago
Aerial view of an LNG complex
Business & Finance

East Asian partners’ LNG cooperation passing 50-year mark thanks to new deals

Japan’s Mitsubishi Corporation has signed new agreements with Malaysia’s state-owned energy giant Petronas, reaffirming its engagement in two of Malaysia’s liquefied natural gas (MLNG) plants owned by the latter in the country’s Sarawak region. The Japanese player is set to extend its 10% interest i

about 1 year ago
PGS head to take over as CEO of Geoquip Marine from 2025
Business & Finance

PGS head to take over as CEO of Geoquip Marine from 2025

Rune Olav Pedersen, the current CEO of Norway-headquartered seismic company PGS, has been appointed as CEO of Geoquip Marine, a provider of geotechnical services to the offshore energy sector, effective from January 1, 2025. Pedersen, who will be based at Geoquip’s headquarters in Switzerland, takes

about 1 year ago
Hugin A and Valhall PWP jacket pile clusters for the Aker BP-operated Yggdrasil and Valhall PWP-Fenris developments; Source: Drydocks World
Business & Finance

Newly fabricated parts set sail to join pile piecing two platforms together for work at North Sea oil & gas projects (Gallery)

Drydocks World Dubai, a part of DP World, has completed its scope of work related to jacket pile clusters for two new platforms that are slowly taking shape as different parts get constructed in preparation for deployment at two oil and gas developments in the North Sea, off the coast of Norway.

about 1 year ago
Nikkiso’s ammonia fuel retrofit solution earns ABS approval
Business Developments & Projects

Nikkiso’s ammonia fuel retrofit solution earns ABS approval

Classification society ABS has issued approval in principle (AiP) to Nikkiso Clean Energy & Industrial Gases, part of Japan’s Nikkiso Co., for an ammonia fuel supply system that can be retrofitted to existing vessels or installed on newbuilds. ABS completed design reviews based on class and statutor

about 1 year ago
Construction kicks off on VELA’s first wind-powered cargo trimaran
Vessels

Construction kicks off on VELA’s first wind-powered cargo trimaran

French shipowner VELA has revealed that construction of the company’s first wind-powered cargo trimaran started at Austal shipyard in Australia.

about 1 year ago
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