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bound4blue
Business Developments & Projects

bound4blue, ITER conduct wind tunnel testing to enhance eSAIL

Spanish cleantech engineering company bound4blue has collaborated with the Institute of Technology and Renewable Energies (ITER), a Tenerife-based energy institute, for aerodynamic tests at the ITER wind tunnel facilities, focusing on optimizing suction sail systems for large vessels.

about 2 years ago
Shipping; Illustration
Business & Finance

4th Poseidon Principles report shows improvement in banks’ alignment with decarbonization targets

The Poseidon Principles, a regulatory framework for responsible financing of shipping, has released its fourth annual disclosure report sharing signatories’ climate alignment scores. The initiative has grown in number, with 34 signatories from 13 different countries together representing around 80%

about 2 years ago
Illustration; Source: Knutsen
Business Developments & Projects

Fourth LNG carrier for charter with ORLEN delivered to Knutsen

Norwegian shipowner Knutsen Group has welcomed the fourth newbuild LNG carrier, Ignacy Łukasiewicz, that will be chartered to Poland’s PGNiG Supply & Trading, a part of ORLEN Group. South Korean shipyard Hyundai Samho Heavy Industries (HSHI) delivered the 174,000 cubic meter vessel to Knutsen on Dec

about 2 years ago
Perdido platform; Source: Shell
Business & Finance

Shell gears up for drilling campaign in Gulf of Mexico to enrich its hydrocarbon arsenal

Shell has greenlighted a phased three-well program to bolster production at a development in the U.S. Gulf of Mexico (GoM).

about 2 years ago
All main approvals in place for €2.8 billion UK-Germany link
Business & Finance

All main approvals in place for €2.8 billion UK-Germany link

NeuConnect, the first-ever energy link between the UK and Germany, has been granted all key regulatory approvals following the second partial approval for the construction and operation of the converter station on the German side. The Oldenburg State Trade Inspection Office (GAA Oldenburg) has grant

about 2 years ago
UK reveals winners of first hydrogen allocation round
Authorities & Government

UK reveals winners of first hydrogen allocation round

UK government has concluded the first hydrogen allocation round (HAR1) and selected eleven projects, totaling 125 MW capacity, to receive over £2 billion (around $2.5 billion) of revenue support from the Hydrogen Production Business Model. Launched in July 2022, HAR1 represents the largest number of

about 2 years ago
Ursa platform in the U.S. Gulf of Mexico; Source: Shell
Business & Finance

Shell becomes sole owner of Gulf of Mexico field

Shell has gotten its hands on the remaining stake in a deepwater field in the U.S. Gulf of Mexico, which has been developed as a subsea tie-back to the nearby Ursa production hub.

about 2 years ago
WinGD
Business Developments & Projects

WinGD gets BV AiP for dual-fuel ammonia engine safety concept

French classification society Bureau Veritas has added its vote of confidence to Swiss marine power company WinGD’s ammonia-fueled X-DF-A dual-fuel engine, granting approval in principle (AiP) for the engine’s safety concept.

about 2 years ago
Illustration/CETO wave energy array
Business & Finance

Carnegie becomes industry partner on project testing novel concrete material for WECs

CETO Wave Energy Ireland (CWEI), a wholly-owned subsidiary of Carnegie Clean Energy, has secured €45,238 in funding to participate as an industry partner in the WECHULL+ Project which will investigate and test a novel concrete material for wave energy converters (WECs). The funding was provided by S

about 2 years ago
View from Åsgard A in the Norwegian Sea; Credit: Ole Jørgen Bratland/Equinor
Business & Finance

As Shell divests its stake in Norway’s ‘largest undeveloped gas discovery,’ Equinor snaps it up

Shell is in the process of selling its interest in a giant gas discovery on the Norwegian Continental Shelf (NCS) to Equinor.

about 2 years ago
Floating solar not yet up to par to be brought into offshore wind tenders, says BP’s Benelux head of offshore wind
Authorities & Government

Floating solar not yet up to par to be brought into offshore wind tenders, says BP’s Benelux head of offshore wind

System integration is what is needed for the next leap in offshore wind, however, not all technologies that can integrate with offshore wind farms have the same starting point. Floating solar still has some way to go in becoming more resilient to harsh offshore conditions. On the other hand, hydroge

about 2 years ago
Amogy
Business Developments & Projects

SEAM: Key milestones unlocked in ammonia tugboat retrofit project with Amogy

Ammonia power solutions company Amogy Inc. and system developer and integrator SEAM have revealed that several milestones have been achieved in their retrofitting project of a 1957 tugboat with ammonia-to-power technology. The retrofit involves a comprehensive overhaul of the tugboat’s original dies

about 2 years ago
CSL
Business Developments & Projects

CSL biofuel-run vessels avoided 156,000t of CO2

Canadian shipping company Canada Steam Ship Lines (CSL) has achieved a significant milestone in its Great Lakes biofuel program as it completed a cumulative 75,000 running hours on B100 biofuel over the past four years.

about 2 years ago
Hydrom paves the way for Oman’s green hydrogen growth
Business & Finance

Hydrom paves the way for Oman’s green hydrogen growth

Hydrom, a central and independent entity orchestrating Oman’s national interest in green hydrogen, has signed multiple memorandums of understanding (MoUs) as part of its strategy to propel Oman’s energy transition and green hydrogen growth. During the first day of the Green Hydrogen Summit Oman (GHS

about 2 years ago
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