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JOGMEC to support Inpex’s assessment of Australian CCS potential
Business Developments & Projects

JOGMEC to support Inpex’s assessment of Australian CCS potential

Japan’s oil and gas producer Inpex has executed a joint research agreement with Japan Organization for Metals and Energy Security (JOGMEC) to evaluate the potential of the Bonaparte Basin in Australia to become a large-scale carbon storage location. The parties will conduct joint research to support

about 3 years ago
Denmark awards first CO2 storage permit
Business Developments & Projects

Denmark awards first CO2 storage permit

The Danish Energy Agency has granted the first-ever permit for a CO2 storage project in Denmark. The project includes the injection and storage of up to 15,000 tonnes of CO2 in a former oil field over a four-month period. INEOS E&P and Wintershall Dea have been granted permission to begin a time- an

about 3 years ago
GCMD invites proposals for world’s 1st shipboard carbon capture project
Business Developments & Projects

GCMD invites proposals for world’s 1st shipboard carbon capture project

The Global Centre for Maritime Decarbonisation (GCMD)has issued an invitation-for-proposal (IFP) to evaluate the safety, technical and operational requirements for offloading shipboard-captured CO2 during port calls.

about 3 years ago
Ørsted and Danish partner announce large-scale Power-to-X project; Offshore wind in the plans
Business Developments & Projects

Ørsted and Danish partner announce large-scale Power-to-X project; Offshore wind in the plans

Ørsted and Danish renewable energy developer Skovgaard Energy have signed a letter of intent to jointly develop a Power-to-X facility in Denmark. The project is planned to be built in several phases, starting with electrolysis powered by onshore renewables and later tapping into offshore wind from t

about 3 years ago
North Sea field secures life extension
Business Developments & Projects

North Sea field secures life extension

Sval Energi has received consent from Norway’s regulator to use the facilities on a North Sea field off Norway beyond their original lifespan.

about 3 years ago
Bulker
Business Developments & Projects

Ocean Yield splashes $576 million on up to ten Newcastlemax newbuildings

Norwegian shipowner Ocean Yield AS is continuing its shopping spree now targeting the acquisition of up to ten Newcastlemax dry bulk newbuildings for a total consideration of up to $576 million. Upon delivery, the vessels will commence 15-year bareboat charters to an unnamed dry bulk operator with p

about 3 years ago
Will the UK’s huge new oil & gas project overcome the hurdles in its path?
Business Developments & Projects

Will the UK’s huge new oil & gas project overcome the hurdles in its path?

Rosebank, located West of Shetland, is now facing additional obstacles that may hinder its progress and delay the sanctioning yet again.

about 3 years ago
Illustration/Sabella's D10 tidal energy turbine (Courtesy of Sabella)
Business Developments & Projects

Sabella’s tidal power production curve gets Bureau Veritas seal

French tidal energy developer Sabella has verified the power production curve of its D10 turbine through a certification issued by the classification group Bureau Veritas.

about 3 years ago
Final UK land cable piece in for Viking Link interconnector
Business Developments & Projects

Final UK land cable piece in for Viking Link interconnector

Balfour Beatty has laid the final piece of land cable on the UK side of the Viking Link interconnector project which will connect the British and Danish power grids. Balfour Beatty reeled the final piece of land cable into position near Mablethorpe in Lincolnshire, marking the 118th cable laid in th

about 3 years ago
CMES
Business Developments & Projects

CMES inks LoI for construction of methanol-powered car carriers

State-run shipping giant China Merchants Energy Shipping (CMES) revealed earlier today that it has signed a Letter of Intent (LoI) for the construction of up to six dual-fuel methanol-powered Pure Car and Truck Carriers (PCTC). The deal, signed with China Merchants Industry Holdings, stipulates the

about 3 years ago
The Netherlands wants Gasunie to develop offshore hydrogen network in the North Sea
Business Developments & Projects

The Netherlands wants Gasunie to develop offshore hydrogen network in the North Sea

Dutch Minister for Climate and Energy Policy Rob Jetten intends to appoint energy infrastructure firm Gasunie to develop an offshore hydrogen network in the North Sea. According to Gasunie, the Minister announced its intention to the House of Representatives on 2 December 2022. Hydrogen produced usi

about 3 years ago
Equinor
Business Developments & Projects

Geoview completes geophysical survey for Equinor’s floating wind project offshore South Korea

South Korea’s ocean exploration company, Geoview, has completed the marine geophysical survey for Equinor’s Firefly floating offshore wind farm in Ulsan. In the first half of 2022, Geoview won an ocean exploration project from Equinor for the first time as a Korean company. Geoview specializes in ma

about 3 years ago
Britta Oldendorff
Business Developments & Projects

Oldendorff Carriers invests in digital solutions to future-proof its fleet

Germany-based dry bulk carrier owner and operator Oldendorff Carriers has signed a deal that will see it invest in maritime digital solutions provider Alpha Ori Technologies (AOT).

about 3 years ago
Eco Wave Power's Gibraltar wave energy array before decommissioning (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power’s third quarter net loss slightly rises

Swedish-Israeli wave energy company Eco Wave Power has released interim financial results 2022, marking a slightly higher net loss in the third quarter when compared to the same period a year earlier.

about 3 years ago
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