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Aker BP and Odfjell Technology ink $9 million contract
Business & Finance

Aker BP and Odfjell Technology ink $9 million contract

Norwegian oil and gas player Aker BP has awarded Odfjell Technology with a frame agreement for the provision of heating, ventilation, air conditioning, and refrigeration (HVAC+R) engineering and maintenance services. The agreement encompasses all of Aker BP’s existing assets, including Ula, Valhall,

about 2 years ago
ORLEN adds two new LNG carriers to its fleet
Business Developments & Projects

ORLEN adds two new LNG carriers to its fleet

Poland’s ORLEN Group is expanding the company’s presence in the global liquefied natural gas (LNG) market with two new fleet additions, LNG carriers (LNGCs) named ‘Saint Barbara’ and ‘Ignacy Łukasiewicz.’ LNG carrier ‘Saint Barbara’ pays homage to the patron saint of miners, oil and gas workers, whi

about 2 years ago
Minesto’s Dragon 4 tidal energy kite (Courtesy of Minesto)
Business & Finance

Minesto widens interim loss

Swedish tidal energy developer Minesto has reported an increase in net loss for the first nine months of fiscal year 2023, compared to the same period a year earlier.

about 2 years ago
Hapag-Lloyd
Business & Finance

Hapag-Lloyd expands its business in Brazil with new JV

German shipping major Hapag-Lloyd and Brazilian shipping and waterway logistics company Norsul have set up a new joint venture Norcoast.

about 2 years ago
Maersk feeder bunkering with Agility tanker; Image credit Maritime & Port Authority of Singapore
Authorities & Government

Mittal: Shipowners need to start locking in long-term supply of green fuels

In order to catch up with the ambitions of decarbonization targets for the maritime industry, shipowners are being encouraged to start proactively securing long-term contracts for green fuels from serious players as the availability of these fuels is likely to be restricted amid demand from other se

about 2 years ago
A bunch of tenders coming up for second Malta-Sicility interconnector
Business & Finance

A bunch of tenders coming up for second Malta-Sicily interconnector

InterConnect Malta has launched a tender for the transformer and shunt reactors for the second Malta to Sicily electrical interconnector. This is the first of a number of tenders upcoming for the project. The interconnector will consist of a new ~118-kilometer-long 225 MW HVAC electrical cable inter

about 2 years ago
Methanol, ammonia are important for transport but have the greatest role in decarbonizing shipping, report finds
Market Outlooks

Methanol, ammonia are important for transport but have the greatest role in decarbonizing shipping, report finds

The Decarbonising UK Freight Transport (DUKFT) Network has released a new report claiming that hydrogen-derived fuels such as methanol and ammonia may be important in some niches for road and rail freight, but have the greatest role in decarbonizing domestic and international maritime freight.

about 2 years ago
Noble jack-up rig drops anchor prior to Harbour Energy job
Business & Finance

Noble rig drops anchor in UK’s newest harbor before work for Harbour Energy

Noble Corporation’s jack-up rig Noble Intrepid has arrived at the Port of Aberdeen before mobilizing for Harbour Energy’s field in the North Sea. Port of Aberdeen announced on October 17 that it had welcomed the Noble Intrepid to Aberdeen South Harbour, where it will undergo reactivation work scopes

about 2 years ago
Mabanaft to supply hydrogen for Fairplay Towage’s tugs in Hamburg
Collaboration

Mabanaft to supply hydrogen for Fairplay Towage’s tugs in Hamburg

German energy company Mabanaft has signed a Memorandum of Understanding (MoU) with compatriot Fairplay Towage Group to supply hydrogen to their new tugs in the Port of Hamburg from 2025.

about 2 years ago
German OGE comes onboard H2Med green hydrogen pipeline project
Business Developments & Projects

German OGE comes onboard H2Med green hydrogen pipeline project

German gas grid operator Open Grid Europe (OGE) has joined its Spanish, French, and Portuguese counterparts as a promoter of the European H2Med green hydrogen project. During the event ‘H2Med, an example of European energy cooperation’ at the Spanish Embassy in Berlin, OGE signed a memorandum of und

about 2 years ago
Norwegian firm to deliver compressors for SBM Offshore’s new FPSO
Business & Finance

Norwegian firm to deliver compressors for SBM Offshore’s new FPSO

China Merchant Heavy Industries (CMHI) has contracted Norway-headquartered TMC Compressors to deliver the completed marine compressed air system for a newbuild FPSO the Chinese yard is constructing for Dutch FPSO operator SBM Offshore. Under the contract whose value remains undisclosed, TMC will pro

about 2 years ago
Fugro on survey duty at Vattenfall's offshore wind pair
Business Developments & Projects

More work for Fugro at Denmark’s largest offshore wind project

Dutch geo-data specialist company Fugro has been appointed by RWE to complete a geophysical survey off the Danish coast, where RWE will build the 1 GW Thor offshore wind farm. Up to three survey vessels will be deployed to carry out a detailed pre-construction survey including a search for unexplode

about 2 years ago
mWave wave energy device under construction (Courtesy of Bombora Wave Power)
Business Developments & Projects

Bombora seeks contractor for final evaluation of mWave wave energy demo project

Bombora Wave Power has opened a tender for an independent final evaluation of the mWave wave energy demonstration project.

about 2 years ago
HAV Hydrogen and NES test hydrogen fuel cell with maritime control system
Business Developments & Projects

HAV Hydrogen and NES test hydrogen fuel cell with maritime control system

Norwegian supplier of hydrogen-based energy systems for vessels HAV Hydrogen and maritime supplier Norwegian Electric Systems (NES), both subsidiaries of HAV Group ASA, have completed a laboratory test of a hydrogen fuel cell in combination with a maritime control system. The scope of the project wa

about 2 years ago
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