Two yards from Turkey have been removed from the EU List of Ship Recycling facilities as they failed to meet the requirements of the union’s ship recycling regulation. The European Commission said that one yard failed to sufficiently protect its employees’ working conditions, and the other was de-li
Cruise company Hurtigruten Norway has received over NOK 67 million ($6.7 million) for its first zero-emission ship.
Canada-based designer and manufacturer of electrolyzers Next Hydrogen Solutions has been awarded $5.1 million from Sustainable Development Technology Canada (SDTC) towards the development and demonstration of its next-generation electrolysis technology. “We are delighted with SDTC’s decision to supp
Abu Dhabi National Oil Company (ADNOC) is acquiring a 24.9 per cent shareholding in Austrian oil and gas company OMV from Mubadala Investment Company. Österreichische Beteiligungs AG (ÖBAG), an Austrian independent holding company, holds 31.5 per cent, with the remaining share capital in free float.
Seven hydrogen projects in the Netherlands have received a subsidy of almost €800 million from the second wave of Hydrogen Important Projects of Common European Interest (IPCEIs). The projects that received the financial support were assessed by The Netherlands Enterprise Agency (RVO) in the past mo
U.S.-based ship husbandry firm Armach Robotics has achieved a critical milestone during a demonstration of the in-water hull service robot (HSR). Armach, a spin-off company of marine software firm Greensea Systems launched in March this year, is currently in the ‘build it prove it phase’ that will a
France’s TotalEnergies and Italian Eni, two oil and gas majors, have made a new gas discovery at the Zeus-1 well in Block 6 located offshore Cyprus. The Zeus-1 well encountered 105 meters of net gas pay in carbonate reservoirs, which, as the partners said, re-enforces the promising outlook for the a
Consortium working on the hydrogen-powered tanker concept HyEkoTank has signed a grant agreement with the European Union, which comprises €5 million in grants under the funding scheme HORIZON EUROPE.
Surveys of the area that the Lithuanian Government selected for the country’s first offshore wind farm have shown that the seabed in the Baltic Sea is suitable for the development of this type of project. The Lithuanian Energy Agency selected Geobaltic and Garant Diving to carry out the geophysical
Finnish transmission system operator Gasgrid Finland has completed construction work for the floating LNG terminal in the deep harbour area in Inkoo as it expects Excelerate Energy’s floating storage and regasification unit (FSRU) Exemplar to reach the terminal as early as 25 December. On 20 Decembe
Dutch FPSO operator SBM Offshore has resumed production from the floating, production, storage and offloading (FPSO) vessel Cidade de Anchieta, working offshore Brazil, following a shutdown that occurred at the beginning of the year. The FPSO’s production was interrupted in January when oil was obse
Shanghai Waigaoqiao Shipbuilding Co., a subsidiary of China State Shipbuilding Corporation, has delivered a 190,000 dwt dual-fuel LNG bulk carrier Ubuntu Harmony to Taiwanese bulk carrier company U-Ming Marine. The giant vessel is the first of the planned four LNG-powered ships to be completed by th
Local marine services provider SJH Commercial Diving has outlined plans to use Saab Seaeye’s Falcon underwater robot to support Minesto’s tidal power work in Faroe Islands.
NEOM Green Hydrogen Company (NGHC) has signed facility agreements with local, regional, and international banks along with the execution of a commitment letter with the Saudi Industrial Development Fund (SIDF) for a mega green hydrogen plant, set to produce green ammonia, in NEOM, Saudi Arabia. Loca
