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Illustration; Source: Shell
Business & Finance

Shell goes on rig selection quest with site survey work in full swing ahead of drilling ops in North Sea

Shell is engaged in a rig selection and contracting process for a two-well drilling campaign in 2024 while site survey works associated with this exploration program in the North Sea are still ongoing.

about 2 years ago
Northern Lights carbon storage and transport project in Norway; Source: Northern Lights JV
Business & Finance

As Northern Lights examines its value chain’s CO2 footprint, Ørsted starts construction of carbon capture facilities

A study has been conducted to assess the estimated carbon footprint of the Northern Lights project’s CO2 transport and storage value chain.

about 2 years ago
Seaspan Hyundai Glovis
Business & Finance

Seaspan ventures into PCTC sector with Hyundai Glovis-backed deal for up to 10 ammonia-ready newbuilds

Hong Kong-based containership owner Seaspan Corporation is entering a new market segment with a pivotal order for up to ten dual-fuel LNG Pure Car and Truck Carrier (PCTC) vessels in partnership with South Korean shipping company Hyundai Glovis. Seaspan has signed the construction contract with Chin

about 2 years ago
Bapco
Business Developments & Projects

MOL, Bapco Energies eye development of cross-border CO2 transport and sequestration

Japanese shipping company Mitsui O.S.K. Lines and Bapco Energies have signed a memorandum of understanding (MoU) for the development of cross-border carbon dioxide (CO2) transport and sequestration.

about 2 years ago
ERMA FIRST
Business Developments & Projects

ERMA FIRST onboard carbon capture system wins DNV AiP

ERMA FIRST has received approval in principle (AiP) from Norwegian classification society DNV for its amine absorption-based onboard carbon capture (OCC) system.

about 2 years ago
KPI OceanConnect performs LNG bunkering op for SFL’s new car carrier
Business Developments & Projects

KPI OceanConnect performs LNG bunkering op for SFL’s new car carrier

Marine energy solutions provider KPI OceanConnect, in cooperation with Titan Clean Fuels and SFL Corporation, has completed the first LNG bunkering operation for SFL’s newly built car carrier Emden. The LNG bunkering operation took place in the Port of Emden, KPI OceanConnect informed on December 5.

about 2 years ago
Höegh Autoliners, Sumitomo
Business Developments & Projects

Höegh Autoliners and Sumitomo Corporation forge alliance on ammonia bunkering in Singapore and Jacksonville ports

Japanese conglomerate Sumitomo Corporation and Norwegian RoRo shipping company Höegh Autoliners have joined forces to explore the adoption of clean ammonia as a bunker fuel for Ro-Ro cargo vessels. The agreement targets ports in Singapore and Jacksonville, USA, with plans set to kick in from 2027. T

about 2 years ago
CorPower Ocean's C4 wave energy device offshore Portugal (Courtesy of CorPower Ocean)
Business Developments & Projects

TotalEnergies gets onboard CorPower Ocean’s Pilot Access Program

French multi-energy major TotalEnergies has joined CorPower Ocean’s Pilot Access Program to evaluate wave energy technology as one of the solutions for decarbonization.

about 2 years ago
Illustration/Floating Power Plant's floating wind and wave hybrid concept (Courtesy of Floating Power Plant)
Authorities & Government

Floating Power Plant formalizes €26M grant agreement with EU for Seaworthy project

Danish renewable energy developer Floating Power Plant has just signed a €26 million grant agreement with the European Commission’s Innovation Fund for the Seaworthy project, which integrates floating wind, wave energy, and hydrogen production.

about 2 years ago
KCI the engineers
Business & Finance

Dutch firm wins platform modification work for large-scale CCS project

KCI the engineers (KCI) has been picked for the engineering of the modification of the TAQA-owned offshore platform, which will be used for the injection of CO2, as part of the first large-scale Dutch carbon capture and storage (CCS) project.

about 2 years ago
COP28: 39 countries endorse declaration for mutual recognition of hydrogen standards
Business Developments & Projects

COP28: 39 countries endorse declaration for mutual recognition of hydrogen standards

A global initiative for the mutual recognition of certification systems for hydrogen and derivatives has been presented at COP28 in Dubai. During a “High Level Roundtable on Hydrogen” event on December 5, the flagship Hydrogen Declaration of Intent to pursue mutual recognition of hydrogen certificat

about 2 years ago
Metacon unifies its brand platform to boost market visibility
Business Developments & Projects

Metacon unifies its brand platform to boost market visibility

Helbio, a wholly-owned Greek subsidiary of the Swedish manufacturer of energy systems for green hydrogen production Metacon AB, is changing its name to Metacon S.A., along with integrating the company’s operations into Metacon AB’s IT, branding and financial platform, thus consolidating Metacon as a

about 2 years ago
Wärtsilä unveils four new engines capable of running on methanol
Business Developments & Projects

Wärtsilä unveils four new engines capable of running on methanol

Finnish technology group Wärtsilä has revealed it will add four new methanol engines to its portfolio, including Wärtsilä 20, Wärtsilä 31, Wärtsilä 46F and Wärtsilä 46TS engines which will be capable of operating on methanol fuel.

about 2 years ago
bulker powered by ammonia
Business Developments & Projects

WinGD seals four-way partnership for CMB.TECH ammonia engines

Swiss marine power company WinGD has concluded a four-party agreement underwriting Belgian bulk carrier operator CMB.TECH’s order of X72DF-A ammonia-fuelled engines. CSSC Qingdao Beihai Shipbuilding (QBS) and engine builder CSSC Engine Co (CSE) have also signed the agreement for the joint undertakin

about 2 years ago
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