Japanese conglomerate Marubeni will buy a 28% stake in Switzerland-based shipping company Gearbulk from Kristian Jebsen and his family.
The Danish Energy Agency has launched the tendering procedure for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion ($4.2 billion) available for interested parties to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, trans
Dutch shipowner Royal Wagenborg has ordered another 14,000 dwt energy-efficient EasyMax multipurpose vessel at a local shipyard.
The UK’s regulator, the North Sea Transition Authority (NSTA), has published a guidance document to assist current and potential offshore license holders and investors with the application for and management of licenses on the UK Continental Shelf (UKCS). Following consultations with industry stakeh
Ports in the Atlantic area are one step closer to deploying and using green hydrogen-based technologies through the HYDEA project with a new interactive map containing information on main initiatives and most promising hydrogen applications and opportunities. Launched in November 2023 by the consort
Woodside has wrapped up the expansion of its liquefied natural gas (LNG) portfolio with the completion of the acquisition of Tellurian, a U.S.-based natural gas player.
Abu Dhabi Future Energy Company (Masdar) has signed agreements with Norwegian companies to explore clean energy opportunities with green hydrogen in focus.
The Ondas de Peniche (ONDEP) project has launched as a consortium of major players gathered in Brussels, Belgium, to kick off the wave energy pilot farm. This initiative, aimed at harnessing wave energy for scalable solutions across Europe, includes consortium members such as Queen’s University Bel
Norwegian marine geoscience and technology company Shearwater GeoServices is set to carry out an ocean bottom node (OBN) survey in Angola for French energy giant TotalEnergies at the beginning of 2025. The deepwater OBN survey will be performed by the dual ROV-equipped SW Tasman, the fit-for-purpose
McDermott has set the sale of its storage business line in motion, with a newly inked agreement, following its marketing process which culminated in a winning offer from a consortium of financial investors, led by Mason Capital Management. The U.S. giant will use the cash from the divestment to sett
Having delivered two test systems for ammonia-fueled engines developed by Swiss engine designer WinGD, Swedish marine technology company Alfa Laval is gearing up to supply its first fuel systems for ammonia-fueled vessels by the end of 2025. Building on the partnership with WinGD established in late
Malaysia’s state-owned energy firm Petronas has inked a gas sales agreement (GSA) for its subsidiary Malaysia Petroleum Management (MPM) to deliver gas to compatriot firm Sabah Electricity Sdn. Bhd. (SESB). The oil and gas giant has also teamed up with energy players from the Association of Southeas
BP has picked TechnipFMC for work at its sixth-operated deepwater project in a prolific high-margin basin within the U.S. Gulf of Mexico.
UK’s Imperial College London and the Maritime and Port Authority of Singapore (MPA) have signed a memorandum of understanding (MoU) aimed at advancing innovations in zero-carbon shipping and achieving net-zero port emissions to support the decarbonization of the maritime sector.
