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Wärtsilä
Business Developments & Projects

Wärtsilä systems picked for electrification of two Scandlines ferries

Finnish technology group Wärtsilä has been contracted to supply electrical systems needed to convert two ferries operated by Danish company Scandlines to a plug-in hybrid solution.

about 2 years ago
DeepOcean performs first-ever subsea dredging operations remotely from shore
Business & Finance

DeepOcean performs first-ever subsea dredging operations remotely from shore

Norway-based ocean services provider DeepOcean has completed subsea dredging operations remotely from shore for the first time ever. This milestone activity was carried out for Norwegian oil and gas player Aker BP. DeepOcean’s remotely operated vehicles (ROVs) onboard the Edda Fauna were utilized fo

about 2 years ago
Illustration; Source: API
Authorities & Government

Biden administration hit with one more lawsuit over LNG permitting freeze

A new lawsuit has been filed to challenge the LNG permitting ban to non-FTA countries in the United States.

about 2 years ago
HYDS links up with px Group to increase use of green hydrogen in the Nordics
Business Developments & Projects

HYDS links up with px Group to increase use of green hydrogen in the Nordics

Norwegian developer of green hydrogen plants Hydrogen Solutions (HYDS) and UK-based infrastructure solutions business px Group have developed a partnership that will seek to accelerate the energy transition through the development of low-carbon, renewable fuels and power. The strategic partnership w

about 2 years ago
Illustration; Source: Bureau of Safety and Environmental Enforcement (BSEE)
Authorities & Government

UK firm picks up nine-well decom gig in Gulf of Mexico

Elemental Energies has won a master services agreement with Promethean for the decommissioning of orphaned wells in the U.S. Gulf of Mexico.

about 2 years ago
Minesto has completed dragon 12
Business & Finance

Minesto CEO: Dragon tidal energy technology ready for farm and microgrid deployment

Minesto’s CEO declared commercial readiness for Dragon Class, saying that they are ready for commercial deployment at the right performance levels. The existing offer is provided with a combination of wing size, power take-off (PTO), and tether length.

about 2 years ago
US state fund looking to invest in Greece-Cyprus-Israel interconnector
Authorities & Government

US state fund looking to invest in Greece-Cyprus-Israel interconnector

A U.S. state fund has expressed its interest in investing in an interconnection project that will link the electricity grids of Greece, Cyprus and Israel. The U.S. International Development Finance Corporation (DFC) has submitted a letter of intent (LoI) to Greece’s transmission system operator (TSO

about 2 years ago
Construction starts on CMA CGM’s first methanol dual-fuel 15K TEU boxship
Vessels

Construction starts on CMA CGM’s first methanol dual-fuel 15K TEU boxship

Chinese shipyard Dalian Shipbuilding Industry (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC) has started construction of the first 15,000 TEU methanol dual-fuel containership being built for French shipping major CMA CGM Group.

about 2 years ago
Lemissoler
Business Developments & Projects

Lemissoler Navigation orders 4+4 methanol dual-fuel Ultramaxes in China

Cyprus-based shipping company Lemissoler Navigation has ordered up to eight methanol dual fuel 65,000 dwt bulk carriers in China.

about 2 years ago
FSO Palanca; Source Stapem Offshore
Business & Finance

UK oil & gas player boosts its stakes in two blocks offshore Angola

Afentra has wrapped up the acquisition of additional interests from Azule Energy in two blocks off the coast of Angola.

about 2 years ago
Illustration; Source: MOL
Business & Finance

MOL and JERA shake hands on seventh charter deal for newbuilding LNG vessel

Mitsui O.S.K. Lines (MOL) has penned a seventh long-term charter contract for a newbuilding LNG carrier with JERA.

about 2 years ago
Bintulu LNG Complex in Sarawak; Source: Petronas
Business & Finance

With power loss incident sorted out, giant Asian LNG project back in operation

Following a power loss incident, Petronas has brought back online its flagship LNG complex at Bintulu, East Malaysia.

about 2 years ago
Illustration; Courtesy of Shell
Business & Finance

Shell takes stock of its net zero journey fueled by $5.6 billion investment in 2023

Shell has funneled $5.6 billion into its energy transition agenda last year while continuing to bankroll oil and gas projects.

about 2 years ago
Rovco launches new business line
Business Developments & Projects

Rovco to work on site characterization at 1.5 GW offshore wind project in UK

Rovco has been selected for site characterization work on the 1.5 GW Outer Dowsing Offshore Wind project in the UK. With the project scheduled to start imminently, the UK-based company will be responsible for carrying out a full geophysical investigation of several key sites at Outer Dowsing Offshor

about 2 years ago
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