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£1 billion contract awarded for UK subsea electricity superhighway2
Business & Finance

£1 billion contract awarded for UK subsea electricity superhighway

A few months after having been selected as the preferred suppliers, the consortium of GE Vernova’s Grid Solutions business and MYTILINEOS Energy & Metals has secured a £1 billion contract to deliver the HVDC converter stations for the 2 GW Eastern Green Link 1 (EGL1) subsea electricity superhighway

about 2 years ago
Transocean Barents semi-submersible rig; Source: Transocean
Business & Finance

Transocean rig lands new multi-million gig in Black Sea

Transocean has tucked a new deal under its belt with OMV Petrom for one of its semi-submersibles, which will see the rig move to work in the Black Sea.

about 2 years ago
Illustration/OPT’s PowerBuoy (Courtesy of OPT)
Authorities & Government

OPT secures $6.5M contract for its PowerBuoys with US government

US-based company Ocean Power Technologies (OPT) has secured a letter contract with a $6.5 million ceiling for its wave-powered buoys to bolster maritime domain awareness for us government agencies.

about 2 years ago
Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs, President and CEO of QatarEnergy; Source: QatarEnergy
Authorities & Government

While advocating stronger cooperation, QatarEnergy CEO calls for ‘realistic and scientifically based’ energy transition pathway

QatarEnergy’s CEO has urged Arab countries to bolster their cooperation efforts in the evolving energy landscape to address the energy transition challenges.

about 2 years ago
MAN taps Alfa Laval for methanol fuel-supply solution
Business & Finance

MAN taps Alfa Laval for methanol fuel-supply solution

German engine manufacturer MAN Energy Solutions has signed an agreement with Alfa Laval, the Swedish industrial concern, to develop a methanol fuel-supply solution for MAN four-stroke engines and its fuel-injection technology. As a result, the first four-stroke engine types will be capable of retrof

about 2 years ago
WinGD
Business Developments & Projects

WinGD, Alfa Laval to work together on ammonia-powered engines development

Swedish sustainable solutions provider Alfa Laval and Swiss engine designer WinGD have established a partnership in which Alfa Laval will deliver two fuel supply systems (FSS) for testing WinGD’s ammonia-fueled engine in early 2024.

about 2 years ago
Polish firm closer to becoming the operator of only Barents Sea CO2 exploration license
Business & Finance

Polish firm closer to becoming the operator of only Barents Sea CO2 exploration license

Horisont Energi and PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, have signed a sales and purchase agreement (SPA) under which PUN acquires a 50% participating interest in the only CO2 exploration license in the Barents Sea and is willing to take over the operator role. Under the SPA, P

about 2 years ago
Masdar-AD Ports collab seeks to develop green hydrogen hub in KEZAD
Business Developments & Projects

Masdar-AD Ports collab seeks to develop green hydrogen hub in KEZAD

UAE-based port operator AD Ports Group and compatriot clean energy company Masdar have signed a memorandum of understanding (MoU) to jointly explore the development of a green hydrogen production hub within the Khalifa Economic Zones Abu Dhabi (KEZAD). The MoU, signed on the sidelines of the UN Clim

about 2 years ago
Six European countries launch research center for subsea infrastructure security
Authorities & Government

Research center for subsea infrastructure security opens in The Hague

The Seabed Security Experimentation Center (SeaSEC), the research center for submarine infrastructure security, has officially opened in The Hague, the Netherlands. Located at Campusatsea in Scheveningen, the SeaSEC research center is committed to safeguarding the subsea infrastructure in the North

about 2 years ago
Everfuel forms green hydrogen alliance with ITOCHU and Osaka Gas
Business Developments & Projects

Everfuel forms green hydrogen alliance with ITOCHU and Osaka Gas

Danish green hydrogen company Everfuel has entered into a strategic collaboration with HyVC ApS, a joint venture between Japanese companies ITOCHU Corporation and Osaka Gas, to accelerate the development of green hydrogen production and share related technology knowledge. Everfuel, ITOCHU, and Osaka

about 2 years ago
HAISEA KERMODE
Business Developments & Projects

Sanmar hands over 1st LNG-powered tug to HaiSea Marine

Turkish shipbuilder Sanmar Shipyards has delivered Canada’s first LNG dual-fuelled tugboat Haisea Kermode to HaiSea Marine, a joint venture majority owned by the Haisla Nation in partnership with Seaspan ULC. Haisea Kermode can run on diesel or LNG, and features a diesel exhaust after-treatment syst

about 2 years ago
Greater Laggan Area; Source: TotalEnergies
Business & Finance

With replacement work underway, restart of TotalEnergies’ UK gas plant anticipated in fortnight’s time

TotalEnergies is continuing its investigation into the failure of a heating system section at a gas plant on the north coast of the main island of the Shetland Isles.

about 2 years ago
MSC
Business Developments & Projects

Construction starts on LNG dual-fuel 16,000 TEU MSC containership

Tianjin Base of Dalian Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has started construction on the new LNG-powered 16,000 TEU containership ordered by MSC Mediterranean Shipping Company.

about 2 years ago
Liquid Wind sets plan in motion for its first eMethanol plant in Finland
Business Developments & Projects

Liquid Wind sets plan in motion for its first eMethanol plant in Finland

Swedish electrofuel developer Liquid Wind has formed a partnership with Finnish companies Kanteleen Voima and Piipsan Tuulivoima to prepare a feasibility study for setting up its first facility for producing eMethanol in Haapavesi, Finland. On 12 December, the parties announced the signing of a lett

about 2 years ago
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