Kimmeridge has confirmed the receipt of a final order from the Federal Energy Regulatory Commission (FERC), upholding authorization for a liquefied natural gas (LNG) export terminal currently under development on the west bank of the Calcasieu Ship Channel at the mouth of the Gulf of Mexico/America
The Finnish and Swedish transmission system operators (TSOs) Fingrid and Svenska kraftnät have initiated the planning process for the third submarine cable between the countries which would replace the first connection at the end of its operational lifetime in the late 2030s. Under a signed letter o
Just weeks ahead of the entry into force of the Hong Kong Convention (HKC) for the safe and environmentally sound recycling of ships, another accident has claimed the life of a shipbreaking worker in Alang, India—widely regarded as the world’s largest ship dismantling yard and one that asserts its c
Orcadian Energy has received a license extension, which enables it to pursue the development of two oil discoveries in the North Sea that are planned to be developed in tandem using a pair of wellhead platforms tied back to a floating production, storage, and offloading (FPSO) vessel envisioned to b
The UK has launched the Marine Energy Taskforce (MET), a new initiative aimed at developing a roadmap to realise the country’s marine energy potential. Supported by The Crown Estate and Crown Estate Scotland, the 12-month project will focus on accelerating wave and tidal stream energy deployment whi
A spike in crude oil prices and tweaks to ships’ regular routes are some of the key indicators of uncertainty enveloping energy and shipping markets in the wake of Israel’s attack on Iran, as both countries turn off their giant offshore hydrocarbon production taps for safety reasons.
The Northern Lights joint venture (JV) has received approval from the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage development. The expansion in Phase 2 will increase the transport and storage capacity from 1.5 million to at least 5 million tons of CO2 per
Singapore-headquartered offshore marine service contractor Kim Heng has signed a memorandum of understanding (MoU) with the newly incorporated government-linked Singapore Energy Interconnections (SGEI) to cooperate on submarine power projects. As part of the non-binding MoU signed on June 9, the par
The European Investment Bank (EIB) is supporting the construction of the first submarine electricity interconnection between Spain and France with €1.6 billion, in a push to improve the reliability of power supply among France, Spain and Portugal and with the rest of Europe. Delivered by Inelfe, a j
France-based shipping colossal CMA CGM has held talks with officials from the Indian Ministry of Ports, Shipping and Waterways (MoPSW) regarding maritime transport, shipbuilding, container terminals, multimodal logistics, and maritime industrial opportunities in the Southeast Asian nation. According
Canadian Wave-powered desalination innovator Oneka Technologies has secured one of the regulatory approvals needed to move forward with its wave-powered desalination pilot project off the coast of Fort Bragg, California. According to Oneka Technologies, the Fort Bragg Planning Commission unanimously
Enova, a Norwegian government enterprise, has decided to support seven electric vessels and four charging facilities with around NOK 362 million (about €31.6 million).
Equinor has been offered an exploration license for CO2 storage in the North Sea, marking the eighth time acreage has been awarded for this purpose on the Norwegian Continental Shelf (NCS).
The European Commission has signed a grant agreement with Lithuanian liquefied natural gas (LNG) terminal operator KN Energies (KN) for technical and commercial studies for a planned CO2 terminal in Klaipėda, Lithuania.
