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Baker Hughes to supply e-LNG systems for ADNOC Ruwais LNG project
Business Developments & Projects

Baker Hughes to supply e-LNG systems for ADNOC Ruwais LNG project

U.S. energy technology company Baker Hughes has received a letter of award from ADNOC Gas, for and on behalf of Abu Dhabi National Oil Company (ADNOC), to provide two electric liquefaction (e-LNG) systems for the Ruwais LNG project in the United Arab Emirates (UAE). Baker Hughes said the LNG trains

about 2 years ago
L to R: Jim Dollard, Patrik Möller and Sam Roch Perks with scaled CorPower Ocean’s wave energy device (Courtesy of ESB)
Business & Finance

ESB partners up with Simply Blue Group on 5MW wave energy project offshore Ireland

Blue economy developer Simply Blue Group and Ireland’s premier energy company ESB have partnered up to pool expertise and resources to deliver a pioneering 5MW wave energy farm, located close to the Co Clare coast in Ireland.

about 2 years ago
Adriatic LNG starts 2021 Open Season
Business & Finance

Report: ExxonMobil selling majority stake in Italy LNG terminal to BlackRock

U.S. energy major ExxonMobil has chosen compatriot investment company BlackRock as the potential buyer for its majority stake in Italy’s Adriatic liquefied natural gas (LNG) import terminal, according to Reuters. Reportedly, the stake sale drew interest from infrastructure funds and international gr

about 2 years ago
BW LPG
Business & Finance

BW LPG, ADNOC enter 1st LPG bunker supply deal in the Middle East

Singapore-based owner and operator of LPG vessels BW LPG has inked an agreement with UAE’s energy giant ADNOC for the supply of liquefied petroleum gas (LPG) as bunker fuel. BW LPG said that the deal marks a notable milestone as the Middle East’s first dedicated LPG bunker supply contract. The inaug

about 2 years ago
Rotterdam’s PortXL and GTT join hands on maritime innovation
Innovation

Rotterdam’s PortXL and GTT join hands on maritime innovation

PortXL, the Rotterdam-based accelerator for maritime, sustainable start-ups and scale-ups, has formed a strategic partnership with French containment specialist GTT to work in the field of maritime innovation.

about 2 years ago
C2X and Egyptian govt agree on next steps for large-scale methanol production
Business Developments & Projects

C2X and Egyptian govt agree on next steps for large-scale methanol production

C2X, a recently established company backed by A.P. Moller Holding as majority owner and A.P. Moller – Maersk as minority owner, has signed a framework agreement with the Egyptian government to enable and accelerate large-scale production of green methanol in Egypt. C2X’s ambition is to have a produc

about 2 years ago
BGN, Pertamina join forces on gas transport
Business Developments & Projects

BGN, Pertamina join forces on gas transport

Dubai energy trader BGN has inked a landmark agreement with Indonesia’s state-owned PT Pertamina International Shipping (PIS) for collaboration on gas vessel transportation. The move is expected to reinforce BGN’s position as an emerging maritime asset player in the LPG market and strengthen LPG sup

about 2 years ago
Ocean Patriot rig; Credit: Diamond Offshore
Business & Finance

Diamond Offshore rig embarks on its first North Sea gig with Repsol

Diamond Offshore’s semi-submersible rig has started its first assignment with Repsol in the UK sector of the North Sea.

about 2 years ago
Van Oord Nexus Baltic Eagle
Business Developments & Projects

Van Oord begins cable installation activities at Iberdrola’s Baltic Eagle

Van Oord has commenced inter-array cable installation activities at Iberdrola Deutschland’s 476 MW Baltic Eagle offshore wind farm in Germany. After Van Oord’s heavy lift installation vessel Svanen completed the installation of all 50 monopiles for the Baltic Eagle offshore wind farm, Van Oord now c

about 2 years ago
DP World, Maspion start construction of East Java terminal
Ports & Logistics

DP World, Maspion start construction of East Java terminal

Logistics provider DP World and Indonesian conglomerate Maspion Group have started construction of a new container terminal in Gresik, East Java

about 2 years ago
Trafigura inks $400 million credit facilities to buy US LNG for European customers
Business & Finance

Trafigura inks $400 million credit facilities to buy US LNG for European customers

Commodities trading group Trafigura has entered into two revolving credit facilities for a total combined amount of $400 million, with insurance from the Export-Import Bank of the United States (US EXIM), to supply European customers with LNG. The company said the facilities will exclusively be used

about 2 years ago
TGE Marine to provide cargo handling system for Northern Lights’ LCO2 carrier
Business Developments & Projects

TGE Marine to provide cargo handling system for Northern Lights’ LCO2 carrier

German equipment provider TGE Marine has received a contract from the Chinese shipyard Dalian Shipbuilding Industry Offshore Co. (DSOC) for the design and supply of a cargo handling system for Northern Lights’ LCO2 Carrier.

about 2 years ago
LNG keeps its crown: Alternative fuel orders show LNG still holding strong
Business Developments & Projects

LNG keeps its crown: Alternative fuel orders show LNG still holding strong

In the ever-evolving landscape of marine fuels, liquefied natural gas (LNG) is firmly holding its position as a formidable choice for the decarbonization of ships despite a recent uptick in the popularity of methanol. According to the data from a two-month special report from DNV – Maritime’s Altern

about 2 years ago
The signing of the MoU for the development of clean energy in Tajikistan (Courtesy of Masdar)
Authorities & Government

Masdar sets sights on Tajikistan’s floating solar potential

MW Energy, a joint venture between Abu Dhabi Future Energy Company (Masdar) and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources (MOEWR) to explore at least 500MW capacity of clean energy projects, including floating solar power,

about 2 years ago
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