The EuroAsia Interconnector has entered the construction stage with the launch ceremony held in Nicosia, Cyprus, on 14 October. The EuroAsia interconnector is a Project of Common Interest (PCI) under the 5th Union List comprising a 1,200-kilometer subsea cable from Israel to Crete via Cyprus. As a s
Chicago-based hydrogen and nitrogen products manufacturer CF Industries has made appointments related to its clean energy initiatives. Erik Mayer has been appointed vice president of clean ammonia growth. In this newly created role, Mayer will lead a team focused on the evaluation and development of
Blue economy solutions provider Sustainable Marine has sold its anchoring and mooring business Swift Anchors to Aquos, a subsidiary of its largest shareholder and long-standing partner Schottel.
Aramco, in collaboration with international partners, is establishing two offshore fabrication yards in Saudi Arabia.
South Korean shipowner KSS Line has held a naming ceremony for its methanol-powered MR tanker built at compatriot Hyundai Mipo Dockyard (HMD).
iXblue and ECA Group will be operating under a new joint brand called Exail, the companies announced following the recent acquisition of iXblue by Group Gorgé. According to iXblue, the companies will benefit from a global workforce of 1,500 persons and are expected to achieve an annual turnover of €
Singapore’s Sembcorp Marine has achieved an operational milestone with the completion of P-71, its second FPSO project for Tupi B.V.
Storegga, a developer of carbon reduction and removal technologies, has signed a memorandum of understanding (MoU) with materials management and logistics company ASCO to collaborate on the Acorn Project. Under the MoU, the parties will explore opportunities to collaborate, with particular focus on
In 2021, Norwegian state-owned energy giant Equinor paid $8.9 billion dollars in corporate tax to authorities.
Swedish green electrofuel development company Liquid Wind has raised €15.2 million in Series B financing that will build its capabilities and develop projects for decarbonising the maritime industry. Liquid Wind said that the existing investors Uniper, Alfa Laval, Siemens Energy, Topsoe, Elyse and o
UK-based tidal energy developer HydroWing has signed a memorandum of understanding (MoU) with state-owned company Indonesia Power to support and develop tidal energy projects in Indonesia.
South Korean cable manufacturer LS Cable & System has completed official certification for its 525 kV cross-linked polyethylene (XLPE) high-voltage direct current (HVDC) system. According to the company, the long-term reliability (pre-qualification) test of the HVDC submarine and underground cables
A pioneering collaboration between 14 international partners has been established to deliver a €19.6 million wave energy project which aims to be the stepping stone for the commercialization of this emerging clean energy industry worldwide.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has held a naming ceremony for two dual-fuel very large crude oil carriers (VLCCs) equipped with liquefied natural gas (LNG) fuel tanks made of high manganese steel.
