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WATCH: MF Hydra starts world’s first voyage on emission-free liquid hydrogen
Business Developments & Projects

WATCH: MF Hydra starts world’s first voyage on emission-free liquid hydrogen

MF Hydra, the world’s first liquid hydrogen-powered ferry operated by Norwegian company Norled, is breaking ground as it starts sailing on zero-emission hydrogen with a blessing from the Norwegian Maritime Authority. The ferry is put into operation today, 31 March, running on zero-emission hydrogen

about 3 years ago
ADNOC Offshore
Business Developments & Projects

UAE player scopes up $2.6 bln deal while unveiling new turnkey offering to ‘revolutionise offshore oil and gas logistics’

ADNOC Logistics & Services has revealed a new deal with ADNOC Offshore, which amounts to $2.6 billion (AED9.5 billion).

about 3 years ago
Britta Schaffmeister (Courtesy of DMEC)
Business Developments & Projects

DMEC’s chief steps down

The Dutch Marine Energy Centre (DMEC) has announced that its chief executive officer Britta Schaffmeister is leaving the organization.

about 3 years ago
European Union flag (Courtesy of the European Commission/Photo by Mauro Bottaro)
Business Developments & Projects

EU reaches agreement on higher renewable energy target for 2030

The European Union has reached a provisional deal to raise the share of renewables in its final energy consumption to 42.5% by 2030, under the revision of the Renewable Energy Directive (RED).

about 3 years ago
Marathon Oil
Business Developments & Projects

Chevron, Marathon Oil and Equatorial Guinea govt pursuing further development of Gas Mega Hub

Heads of Agreement (HOA) has been inked to move forward with the next phases in the development of Equatorial Guinea’s Gas Mega Hub (GMH).

about 3 years ago
GoodShipping
Business Developments & Projects

17 companies embark upon GoodShipping’s insetting initiative

Seventeen companies are collaborating with shipping company Samskip to reduce carbon dioxide emissions by using sustainable biofuel to ship their products on board Samskip’s vessels. The initiative, called “insetting,” is promoted by GoodShipping, which provides the opportunity for shippers to trans

about 3 years ago
Four out of six companies awarded CO2 storage license offshore Norway
Business Developments & Projects

Four out of six companies awarded CO2 storage licenses offshore Norway

The Norwegian Ministry of Petroleum and Energy has awarded two new exploration licenses for CO2 storage on the Norwegian continental shelf in the North Sea to four companies. The two exploration licenses are located in the southern part of the North Sea. The eastern license is offered to Aker BP and

about 3 years ago
Hyundai Samho picks GTT tank design for three LNG carriers
Business Developments & Projects

Hyundai Samho picks GTT tank design for three LNG carriers

French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Hyundai Samho Heavy Industries for the tank design of three new LNG carriers (LNGCs) on behalf of an Asian ship-owner. GTT will design the tanks of the three vessels, which will each offer a total

about 3 years ago
PSV Energy Swan; Source: Golden Energy
Business Developments & Projects

Repsol prolongs platform supply vessel’s assignment

Golden Energy Offshore Services (GEOS) has secured a contract extension for one of its platform supply vessels (PSVs) with Repsol.

about 3 years ago
Construction starts on India’s 1st indigenous hydrogen-fuelled ship
Business Developments & Projects

Construction starts on India’s 1st indigenous hydrogen-fuelled ship

Cochin Shipyard Limited (CSL), the largest shipbuilding and maintenance facility in India, has started the construction of the country’s first indigenous hydrogen fuel cell vessel.

about 3 years ago
Construction of Europe’s largest e-fuel facility to kick off in Sweden
Business Developments & Projects

Construction of Europe’s largest e-fuel facility to kick off in Sweden

FlagshipONE, the largest green electrofuel (e-fuel) facility in Europe with a final investment decision (FID) in place, will soon enter the construction phase. Swedish Liquid Wind, the original developer of the project, has revealed that the groundbreaking for the project will start on 24 May 2023 i

about 3 years ago
Greater Buchan Area concept; Source: Jersey Oil & Gas
Business Developments & Projects

UK oil & gas player firming up farm-out talks with ‘well-funded industry heavyweight’

Jersey Oil & Gas plc is in the process of finalising a farm-out process with an undisclosed operator for an asset in the North Sea.

about 3 years ago
car carrier CMES
Business Developments & Projects

CMES firms up deal to build 2+4 methanol-powered ROROs

China Merchants Energy Shipping (CMES) has signed a deal with China Merchants Industry for the construction of two methanol-powered dual-fuel Roll-on/roll-off (RORO) ships. The company said that the contract for the two firm 9,300 CEU RoRo vessels includes options for additional four ships of the sa

about 3 years ago
MHI and Osaka Gas to explore CO2 transport potential for CCS value chain
Business Developments & Projects

MHI and Osaka Gas to explore CO2 transport potential for CCS value chain

Japanese companies Mitsubishi Heavy Industries (MHI) and Osaka Gas have entered into an agreement to conduct a feasibility study on a project to develop a CO2 value chain for carbon capture, utilization, and storage (CCUS).

about 3 years ago
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