Gunvor Singapore and Chesapeake Energy Marketing have entered into a Heads of Agreement (HoA) under which Chesapeake will supply up to 2 million tonnes of LNG per annum to Gunvor, with the purchase price indexed to Japan Korea Marker (JKM), for a period of 15 years. Following the execution of the Ho
Fugro and Gardline have been awarded a contract to carry out preliminary geotechnical investigations for the future offshore wind farms in the Danish North Sea, Kattegat, and Danish Baltic Sea. The tender, which was published by the Danish transmission operator (TSO) Energinet, was divided into two
Brooklyn-based technology startup Amogy Inc. is retrofitting a tugboat to run on its ammonia-to-power system and is planning to present the vessel in late 2023. Namely, Amogy intends to sail the tugboat later in 2023 in upstate New York, pending further safety testing and regulatory discussions. The
The Netherlands Enterprise Agency (RVO) and the Dutch Ministry of Economic Affairs and Climate Policy (EZK) have awarded VoltH2 a substantial operating subsidy for the Stimulation of Sustainable Energy Production and Climate Transition (SDE++) to support the production of green hydrogen. SDE++ is th
Oslo-listed Hunter Group ASA and DNV classification society have entered into a joint cooperation agreement for the development of a low-pressure mid-stream shipping solution for Carbon Capture and Storage. The parties have agreed to work together to develop a 40-70K cbm liquified CO2 carrier with 2
Italy’s cabling giant Prysmian has secured a €120 million loan from Italian investment bank Cassa Depositi e Prestiti (CDP) which will be invested in R&D for network upgrading purposes. The loan will be used to support R&D plans focused on the implementation of innovative technologies and contribute
Dutch bulk liquid storage company Vesta Terminals has awarded a scoping & feasibility study and a subsequent front-end engineering design (FEED) contract to compatriot ammonia engineering firm Proton Ventures for repurposing of two 30,000 m3 ammonia tanks in Vlissingen. The contract is a part of Ves
TGE Gas Engineering and Technodyne International Limited have been awarded by Sener, a member of the SENER/COBRA consortium, a contract for the outer tank design for the LNG storage tanks for German LNG Terminal GmbH. TGE/Technodyne said that the design works for the two full-containment tanks, each
Petroleum products management company SOGEPP (Société de Gestion de Produits Pétroliers) has collaborated with HAROPA PORT, France’s leading port, to boost river traffic to and from its facilities in Gennevilliers. SOGEPP operates a storage depot for liquid energy products on six hectares in Gennevi
The Norwegian Ministry of Petroleum and Energy has received applications from five companies seeking permits related to the injection and storage of CO2 on the Norwegian continental shelf (NCS). The area is located in the North Sea and was announced on 11 January in accordance with the storage regul
Baker Hughes’ international rig count report shows that the number of offshore rigs took a downturn in February 2023, slipping by 4 units, compared to last month.
Essar Group’s Stanlow Terminals has announced it will develop a major new open-access import terminal for green ammonia in the Port of Liverpool, UK. According to Stanlow, this new terminal, which will be an expansion of existing facilities, will provide the connecting infrastructure to enable signi
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States dropped down by one unit last week.
An ambitious collaborative project to power subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, has taken to the seas in the north of Scotland.
