Construction has started on the Cydnerth infrastructure project in Holyhead to increase grid capacity for the Morlais tidal energy scheme from 18 MW to 240 MW, according to Menter Môn. Initial work at Parc Cybi involves laying underground cables to connect the Morlais substation at Ynys Lawd (South
South Korea has pledged $150 billion into a dedicated United States shipbuilding rejuvenation fund, as part of a much larger, $350 billion bilateral trade agreement with Washington. According to the South Korean government, the deal will aim to breathe new life into the American vessel construction
Hycamite TCD Technologies, a Finland-based cleantech company specializing in low-carbon hydrogen production, has welcomed CMA CGM, a France-based shipping and logistics major, as a new strategic investor.
ZTT Submarine Cable & System (ZTTSC) has secured a 500 kV submarine cable contract for Shenzhen Energy’s 500 MW Honghai Bay VI offshore wind project in China. The engineering, procurement, construction, and installation (EPCI) contract encompasses 94 kilometers of 500 kV 3-core HVAC submarine cables
Tourmaline Oil, Canada’s largest natural gas producer, has signed a multi-year liquefied natural gas (LNG) supply agreement with German energy major Uniper.
Global Energy Group (GEG) has concluded an agreement with Japanese company Mitsui & Co. for the sale of its group companies, including The Port of Nigg.
IKM Testing UK, a company within the IKM Group, has appointed Barry Summers as its new Regional Director, following the retirement of Mark Rasmusen. The move comes as the company reports £23 million (approximately €26,5 million) in new contract awards during the first half of 2025, just 14% short of
Given the rising trend toward pursuing transition to a low-carbon and emission-free future against the backdrop of growing climate change concerns, the Asia Natural Gas and Energy Association (ANGEA) has highlighted the key role Australia’s domestic carbon capture and storage (CCS) industry can play
Bermuda-headquartered crude oil tanker company DHT Holdings has entered into a $308.4 million senior secured credit facility for the post-delivery financing of four of the company’s newbuilds currently under construction in South Korea. The vessels in question are a quartet of environmentally friend
Flotte Hamburg (Hamburg Fleet), a wholly owned subsidiary of the Hamburg Port Authority, has decided to trial the use of hydrotreated vegetable oil (HVO 100) as part of its decarbonization strategy.
Itaipu Binacional, a binational entity equally owned by Brazil and Paraguay that focuses on clean and renewable energy, has begun installing its first floating solar photovoltaic (FPV) system on the Paraguayan side of the Itaipu Reservoir. According to OWC, the 1 MWp project marks a step toward hybr
UK-based oil and gas player Energean and Croatia’s national petroleum company Industrija nafte (INA) have taken a final investment decision (FID) for the development of a gas field offshore Croatia.
Azule Energy, a 50/50 independent joint venture between the UK-headquartered BP and Italy’s Eni, has achieved the start of oil production from its project off the coast of Angola, which is connected to a floating production, storage, and offloading (FPSO) vessel with carbon capture technology to dec
The European Environmental Bureau (EEB), said to be Europe’s largest network of environmental non-government organizations (NGOs), has portrayed the new trade deal between the European Union (EU) and the United States (U.S.) in a different light from the one presented by the European Commission, whi
