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Prysmian produces cables for 3 GW submarine link between Middle East and North Africa
Business & Finance

Prysmian produces cables for 3 GW link between Middle East and North Africa

Italian cabling giant Prysmian has completed the manufacturing of cables for the submarine power interconnection between Egypt and Saudi Arabia – the first-ever large-scale link between the Middle East and North Africa. Prysmian secured the contract worth about €221 million with the Egyptian Electri

about 2 years ago
Wavr's wave energy device concept as hybrid renewable energy platform (Courtesy of Wavr)
Business Developments & Projects

Hawaii start-up presents wave energy tech

Wavr, a Hawaii-based start-up company, has presented a prototype of its floating hinged-raft wave energy device, which can be combined and integrated with other renewable energy technologies.

about 2 years ago
Australia launches $2 billion Hydrogen Headstart program
Authorities & Government

Australia launches $2 billion Hydrogen Headstart program

The Australian Renewable Agency (ARENA), on behalf of the Australian government, has opened applications for the $2 billion program that aims to catalyze the country’s hydrogen industry. Following consultation with a broad range of key stakeholders, which involved 114 written submissions and three p

about 2 years ago
Marathon Oil inks LNG sales agreement with UK firm for field offshore Equatorial Guinea
Business & Finance

Marathon Oil and Glencore ink LNG sales agreement in Equatorial Guinea

Houston-based oil and gas company Marathon Oil has entered into an LNG sales agreement with Glencore for the Alba field in Equatorial Guinea, effective from next year. Through its wholly-owned subsidiaries, Marathon Oil entered into a five-year firm LNG sales agreement with Glencore Energy UK for a

about 2 years ago
Alba
Business Developments & Projects

Alba Tankers joins forces with Seaber to cut emissions by maximizing fleet utilization

Denmark-based tanker owner and operator Alba Tankers has teamed up with Finnish maritime software company Seaber.io to optimize chartering and scheduling processes leading to increased efficiency as well as reduced emissions. Alba Tankers commercially operates chemical and oil tankers in the area of

about 2 years ago
CIMC SOE floats out Hartmann’s LNG-powered LEG carrier
Vessels

CIMC SOE floats out Hartmann’s LNG-powered LEG carrier

Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) has launched the first LNG dual-fuel liquid ethylene gas (LEG) carrier for German shipowner Hartmann.

about 2 years ago
Eagle LNG takes delivery of first LNGC from Anthony Veder
Business Developments & Projects

Eagle LNG takes delivery of first LNGC from Anthony Veder

U.S.-based supply solutions provider Eagle LNG Partners has taken delivery of its first LNG carrier (LNGC), the Coral Favia, from Dutch gas shipping company Anthony Veder. The 10,000 cubic meter LNG supply vessel is said to be the first of a planned fleet from Eagle LNG offering LNG supply and bunke

about 2 years ago
Petrobras picks Ocyan to revitalize gas pipeline network
Business & Finance

Petrobras picks Ocyan to revitalize gas pipeline network

Brazilian state-owned oil and gas giant Petrobras has awarded compatriot offshore oil and gas services provider Ocyan with a contract to carry out the revitalization of a network of gas pipelines in the Campos Basin. The contract, valued at approximately $317.49 million, is expected to last four and

about 2 years ago
New coalition to pave the way for first cross-Atlantic clean hydrogen shipment by 2026
Business Developments & Projects

New coalition to pave the way for first cross-Atlantic clean hydrogen shipment by 2026

The Mission Possible Partnership (MPP), RMI, Systemiq, Power2X, and industry leaders have formed a coalition to enable an inaugural shipment of clean hydrogen from the United States to Europe by 2026. The Transatlantic Clean Hydrogen Trade Coalition (H2TC) will connect U.S. fuel producers to heavy-i

about 2 years ago
Port of Montreal nets $150M for container terminal project
Business Developments & Projects

Port of Montreal nets $150M for container terminal project

The Port of Montreal has revealed that the National Trade Corridors Fund (NTCF) allocated $150 million for port’s container terminal project in Contrecœur.

about 2 years ago
Berge Bulk Olympus
Business Developments & Projects

Berge Bulk unveils ‘world’s most powerful’ sailing cargo ship

Dry bulk shipping company Berge Bulk has fitted its Newcastlemax bulker, Berge Olympus, with four BARTech WindWings by Yara Marine Technologies. The company said the retrofitting project makes Berge Olympus the world’s most powerful sailing cargo ship. With four WindWings installed, each possessing

about 2 years ago
Inditex teams up with Maersk to cut seaborne emissions
Business Developments & Projects

Inditex teams up with Maersk to cut seaborne emissions

Global fashion giant Inditex, the parent company of renowned brands like Zara and Massimo Dutti, has joined forces with Maersk to reduce its carbon footprint in global seaborne logistics. The partnership aims to incorporate alternative, eco-friendly fuels into all inbound routes through Maersk’s ECO

about 2 years ago
South Korean company preferred inter-array cable supplier for 532 MW Anma offshore wind farm
Business & Finance

South Korean company preferred inter-array cable supplier for 532 MW Anma offshore wind farm

Taihan Cable and Solution has been selected as the preferred supplier of submarine cables for the Anma offshore wind farm in South Korea. On October 4, 2023, Taihan signed a preferred supplier agreement with Anma Offshore Wind. Under the agreement, the South Korean company is responsible for supplyi

about 2 years ago
DFDS
Authorities & Government

DFDS to deploy battery-powered fleet on the English Channel by 2030

Danish ferry and logistics company DFDS is planning to deploy a fleet of battery-powered vessels in the Eastern Channel by 2030. The decision was revealed on the heels of a recent meeting between the French Minister for Foreign Trade, Attractiveness and French Nationals Abroad, Olivier Becht and CEO

about 2 years ago
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