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Business Developments & Projects

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Illustration (Courtesy of the University of Western Australia)
Business Developments & Projects

New reports outline potential of ocean energy at Western Australia’s southern tip

Researchers at the University of Western Australia’s Marine Energy Research Centre (MERA) have released two reports highlighting the ocean energy potential of Western Australia’s Albany region.

about 3 years ago
Nauticus Robotics kick-starts its international expansion with new operating bases
Business Developments & Projects

Nauticus Robotics kick-starts its international expansion with new operating bases

Nauticus Robotics has started its international expansion strategy for 2023 and beyond with the initiation of its operations in Norway and the United Kingdom.

about 3 years ago
IHI and Gentari ally on green ammonia production and sales in Malaysia
Business Developments & Projects

IHI and Gentari ally on green ammonia production and sales in Malaysia

Japan’s IHI Corporation has signed a Memorandum of Understanding (MoU) with Gentari Hydrogen, a clean energy solutions entity wholly-owned by PETRONAS, to evaluate the feasibility of leveraging solar resources of Malaysia to produce and sell green ammonia derived from renewables. Under the MoU, IHI

about 3 years ago
With FPSO remediation winding down, production restart from Australian field targeted for next month
Business Developments & Projects

With FPSO remediation winding down, production restart from Australian field targeted for next month

Jadestone Energy is expecting to wrap up remaining works and restart production from a field off Australia during the next month.

about 3 years ago
Hudong CSSC
Business Developments & Projects

TMC’s compressors picked for seven MOL’s LNG carriers

Chinese shipbuilder Hudong-Zhonghua Shipbuilding has selected TMC Compressors to deliver the marine compressed air system to seven LNG carriers the shipbuilder is constructing for Japanese shipping major Mitsui O.S.K. Lines (MOL).

about 3 years ago
HYON to implement hydrogen fueling tech in Northern Xplorer’s zero-emission cruise ship
Business Developments & Projects

HYON to implement hydrogen fueling tech in Northern Xplorer’s zero-emission cruise ship

Norwegian hydrogen bunkering specialist HYON has signed a letter of intent (LOI) with compatriot cruise venture Northern Xplorer for the implementation of its hydrogen fueling technology. Their collaboration will see HYON implement its hydrogen fueling technology in Northern Xplorer’s zero-emission

about 3 years ago
Ocean Installer makes a comeback
Business Developments & Projects

Ocean Installer makes a comeback

Norway-based Havfram Subsea is reclaiming the Ocean Installer brand following the announcement of the sale of its offshore wind business line. Havfram’s subsea business was known as Ocean Installer from the company’s inception in 2011, with the 2020 name change reflecting its diversification into th

about 3 years ago
Neoliner
Business Developments & Projects

Construction starts on CMA CGM-backed sailing cargo ship Neoliner

Construction has been launched on the first 136-meter main sail-powered merchant ship, also known as the Neoliner, which is being developed by the French start-up NEOLINE Armateur. The ship is being built by the RMK Marine shipyard based in Turkey. The Neoliner will be the first one equipped with a

about 3 years ago
Gen2 Energy and Norsk e-Fuel to boost green industry in Norway
Business Developments & Projects

Gen2 Energy and Norsk e-Fuel to boost green industry in Norway

Norsk e-Fuel, an industrial consortium for creating sustainable fuel, and Gen2 Energy, a Norwegian green hydrogen company, have signed a Memorandum of Understanding (MoU) to collaborate in the development of Mosjøen as a key location and workplace for the green industry in Norway. The collaboration

about 3 years ago
While sanctioning of one UK project gets delayed, another North Sea prospect nears spud date with rig picked out
Business Developments & Projects

UK prospect nears spud date, while sanctioning of another West of Shetland project gets delayed

A rig has been hired for the drilling of a prospect in the UK later this year, but a FID for another project has been postponed.

about 3 years ago
MOL welcomes new methanol-fueled methanol carrier
Business Developments & Projects

MOL welcomes new methanol-fueled methanol carrier

Japanese shipping company Mitsui O.S.K. Lines (MOL) has taken delivery of the newbuild dual-fuel methanol carrier from South Korean shipyard Hyundai Mipo Dockyard. The naming ceremony and delivery of the Cypress Sun took place on January 17, MOL informed. The vessel measures 186 metres in length and

about 3 years ago
ukikazu Myochin, President & CEO at K LINE
Business Developments & Projects

K Line, KEPCO to study shipping of liquified CO2

Japanese shipping heavyweight Kawasaki Kisen Kaisha (K LINE) has signed a Memorandum of Understanding (MoU) with the Kansai Electric Power Co. (KEPCO) on the joint study of shipping liquefied CO2 in the context of developing a carbon dioxide capture and storage value chain. The two companies will st

about 3 years ago
Dow joins HEH consortium for Stade LNG terminal
Business Developments & Projects

SEFE secures long-term regasification capacity in Stade, Germany

As part of the ambition to ensure the security of gas supply in Germany and Europe, Germany’s Securing Energy for Europe (SEFE), former Gazprom Germania GmbH, has signed an agreement with Hanseatic Energy Hub (HEH) terminal for regasification capacity in Stade, Germany. Starting in 2027, the company

about 3 years ago
UK regulator launches consultation on new carbon storage data powers
Business Developments & Projects

UK regulator launches consultation on new carbon storage data powers

The North Sea Transition Authority (NSTA) has launched a consultation on information and sample-related matters in Carbon Dioxide Appraisal and Storage and Petroleum Licences, and the principle of new data powers in support of energy security and the transition to net zero. The UK regulator is aimin

about 3 years ago
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