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Amogy’s ammonia-to-electrical power system gets ABS’ verification
Certification & Classification

Amogy’s ammonia-to-electrical power system gets ABS’ verification

Classification society ABS has issued New Technology Qualification (NTQ) for an innovative ammonia-to-electrical power system from U.S.-based ammonia power solutions company Amogy.

about 2 years ago
KOTUG lays keel of methanol dual-fuel escort tug duo
Vessels

KOTUG lays keel of methanol dual-fuel escort tug duo

KOTUG Canada, a partnership between KOTUG International and Canada’s Horizon Maritime, has held a keel-laying ceremony for two dual-fuel methanol escort tugs that will service the Trans Mountain Expansion Project (TMEP).

about 2 years ago
Electric Hydrogen obtains $100 million to support its 100 MW electrolyzer plants
Business & Finance

Electric Hydrogen obtains $100 million to support its 100 MW electrolyzer plants

Electric Hydrogen has announced $100 million in corporate credit financing to back the manufacturing and deployment of its 100 MW electrolyzer plants.

about 2 years ago
Decommissioning operations; Source: James Fisher Decommissioning
Business & Finance

James Fisher wraps up its largest decom project so far

James Fisher Decommissioning has completed its largest decommissioning project to date for a “major” operator in the Gulf of Thailand.

about 2 years ago
Maritime
Human Capital

GMF: Decarbonization could create up to four million green jobs by 2050, double the number of seafarers

The new analysis, commissioned by the Global Maritime Forum (GMF) and conducted by engineering and sustainable development consultancy Arup, projects that the maritime sector’s transition to e-fuels could support up to four million new green jobs by 2050, double the number of seafarers serving globa

about 2 years ago
First UK-Germany energy link enters next stage of construction
Business & Finance

First UK-Germany energy link enters next stage of construction

The first-ever energy link between the UK and Germany is moving into the next stage of construction as foundation works are underway on a new UK converter station. The €2.8 billion NeuConnect project will see new converter stations built on the Isle of Grain in Kent and the Wilhelmshaven region in n

about 2 years ago
UK government backs EMEC's growth with £3 million
Authorities & Government

UK government backs EMEC’s growth with £3 million

The UK Government is set to award a new £4.6 million support package for the UK’s islands, £3 million of which will be awarded to the Orkney-based European Marine Energy Centre (EMEC) over two years. The funding boost will support EMEC’s growth plans, further helping the center deliver the UK’s net

about 2 years ago
South Arne area; Source: INEOS
Business & Finance

Italian contractor picks up work on North Sea gas platform

Rosetti Marino has tucked a multimillion-euro FEED assignment under its belt for a gas production platform in the North Sea.

about 2 years ago
New DNV standard for hybrid TCPs targets improved reliability of deepwater projects
Business & Finance

New DNV standard for hybrid TCPs targets improved reliability of deepwater projects

Independent energy expert and assurance provider DNV has released its latest standard for hybrid thermoplastic composite flexible pipes (TCPs) intending to facilitate the integration of innovative technologies, such as carbon fiber armor, into flexible riser designs. DNV’s latest standard, DNV-ST-F2

about 2 years ago
Australian electrolyzer firm raises $111 million in Series B investment round led by BP
Business & Finance

Australian electrolyzer firm raises $111 million in Series B investment round led by BP

In what has been described as the largest Series B investment round in Australian clean tech history, electrolyzer company Hysata has raised $111 million led by BP Ventures and Templewater.

about 2 years ago
New renewable hydrogen facility in Brazil receives $30 million boost
Authorities & Government

New renewable hydrogen facility in Brazil receives $30 million boost

Green Energy Park (GEP) Global has signed a definitive agreement for $30 million Series-A funding and obtained the long-term rights to the hydrogen port terminal facilities in Luis Correia, Brazil, marking a milestone on its journey to build a large hydrogen and hydrogen derivatives production plant

about 2 years ago
Ocean GreatWhite semi-submersible rig; Source: Kishorn Port
Business & Finance

Diamond Offshore’s contract backlog hits $1.9 billion amid tightening rig supply and demand dynamics

After enlarging its contract backlog by $713 million in 1Q 2024,Diamond Offshore is determined to expand its backlog further.

about 2 years ago
‘World’s first’ large green methanol-enabled boxship visits Dubai (Gallery)
Ports & Logistics

‘World’s first’ large green methanol-enabled boxship visits Dubai (Gallery)

A.P. Moller – Maersk’s first large vessel that can run on green methanol has arrived in Dubai, UAE for the first time and was welcomed by DP World at Jebel Ali.

about 2 years ago
Mermaid Maritime’s joint venture to keep working for oil major
Business & Finance

Mermaid Maritime’s joint venture to keep working for oil major

Mermaid Maritime’s joint venture with a Middle Eastern offshore services company has secured a one-year contract extension for subsea services with an upstream oil and gas company. Thailand-headquartered Mermaid won the contract in a joint venture formed with a local offshore services operator in a

about 2 years ago
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