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Business Developments & Projects

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LNG bunkering Russia
Business Developments & Projects

Russia’s Sovcomflot marks 1st ever LNG bunkering in country’s history

Russia’s largest shipping company PAO Sovcomflot and compatriot oil company PAO Gazprom Neft have carried out the first-ever bunkering of a marine vessel with liquified natural gas (LNG) in the history of the country’s transport industry. The bunkering operation involved Sovcomflot’s crude oil tanke

about 3 years ago
Man engine
Business Developments & Projects

Imabari moves to take stake in Hitachi Zosen’s marine engine business

Japan’s Imabari Shipbuilding Co and Hitachi Zosen Corporation have signed an agreement on the acquisition of a 35 percent stake in the marine engine business that would be spun off from Hitachi Zosen. Hitachi Zosen, which has been working in the marine engine sector since 1940 as the only licensee o

about 3 years ago
Illustration (Courtesy of TEAMER Program)
Business Developments & Projects

TEAMER extends deadline for marine energy testing applications

The Testing Expertise and Access for Marine Energy Research (TEAMER) program, supported by the US Department of Energy (DOE), has extended the deadline for its eighth call for applications.

about 3 years ago
After operator defers intervention ops for fourth well, Maersk rig days away from drilling at another field off Brazil
Business Developments & Projects

After deferral of well intervention work, Maersk rig days away from drilling at another field off Brazil

Karoon Energy has decided to postpone intervention activities on the fourth well at a field, located offshore Brazil.

about 3 years ago
IMO
Business Developments & Projects

World Maritime Day 2022: Maritime community talks energy-efficient technologies

The International Maritime Organization (IMO) is shining a spotlight on the role of emerging technologies to support a green transition of the maritime sector into a sustainable future.

about 3 years ago
Ørsted and Energy Dome team up on CO2 Battery energy storage facilities
Business Developments & Projects

Ørsted and Energy Dome team up on CO2 Battery energy storage facilities

Offshore wind developer Ørsted has signed a memorandum of understanding (MoU) with Energy Dome, an energy storage solution provider, to run a feasibility study on the deployment of a 20MW / 200MWh energy storage facility. The partners plan to deploy the energy storage facility using Energy Dome’s CO

about 3 years ago
An image illustrating all H2opZee project components on land and at sea
Business Developments & Projects

Dutch offshore wind-to-hydrogen project gathers feasibility study team

The consortium comprising RWE and Neptune Energy has awarded contracts to Siemens Gamesa and Dutch engineering companies H2SEA and Enersea to support concept engineering work as part of the feasibility study for the H2opZee green hydrogen project in the Netherlands. H2opZee, announced earlier this y

about 3 years ago
Inna Braverman and Robert Karabinchak (Courtesy of Eco Wave Power)
Business Developments & Projects

New Jersey’s wave energy bill initiative takes a step forward

The New Jersey State Assembly’s Special Committee on Infrastructure and Natural Resources unanimously agreed to advance the wave energy bill initiative, which encourages the state of New Jersey to explore a deployment plan for wave energy technologies.

about 3 years ago
MHI, Keppel, DNV agree to explore adoption of ammonia-fired gas turbine in Singapore
Business Developments & Projects

MHI, Keppel, DNV agree to explore adoption of ammonia-fired gas turbine in Singapore

Mitsubishi Heavy Industries (MHI), Keppel New Energy and DNV have signed a memorandum of understanding (MoU) for a strategic collaboration to explore the feasibility and implementation of an ammonia-fired gas turbine on Jurong Island, Singapore. Under the MoU, the three companies will work together

about 3 years ago
Na Kika platform in the Gulf of Mexico
Business Developments & Projects

Operators shutting in Gulf of Mexico platforms ahead of hurricane

Two oil and gas operators in the U.S. Gulf of Mexico have shut in production at some of their assets ahead of an impact by Hurricane Ian.

about 3 years ago
MOL
Business Developments & Projects

MOL enters ship fuel efficiency partnership, backs Mission Possible’s ammonia proposal

Japanese shipping company Mitsui O.S.K. Lines (MOL), its group company MOL Techno-Trade (MOLTT) and Akishima Laboratories (Mitsui Zosen) have formed a strategic partnership to progress fuel efficiency of MOL Group-operated vessels and minimise vessels’ greenhouse gas (GHG) emissions.

about 3 years ago
Pipes for world’s southernmost gas project to come from Greece
Business Developments & Projects

Pipes for world’s southernmost gas project to come from Greece

Corinth Pipeworks has secured a contract to manufacture and supply steel pipes for the Fenix Phase 1 gas export pipeline offshore Argentina. Corinth is in charge of delivering approximately 40 kilometers of 24″ longitudinally submerged arc welded steel pipes for the project. The pipes will be manufa

about 3 years ago
UK: DNV to test safe use and conversion of pipelines to transport 100% hydrogen
Business Developments & Projects

UK: DNV to test safe use and conversion of pipelines to transport 100% hydrogen

DNV has secured a contract to provide the evidence required to demonstrate the safe use and conversion of the local transmission systems (LTS) high-pressure pipelines for transporting 100% hydrogen in the UK. The gas distribution company SGN manages around 3,100 kilometres of the LTS pipelines in th

about 3 years ago
LNG carrier
Business Developments & Projects

DSME inks $1.4 bln conditional takeover deal with Hanwha

South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) has entered into a tentative deal with compatriot conglomerate Hanwha Group on the acquisition of a 49.3 percent stake and management rights in return for $1.4 billion. Under the terms of the Memorandum of Understanding,

about 3 years ago
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