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Business Developments & Projects

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HYDS becomes key partner in green hydrogen production project at Fjord Base
Business Developments & Projects

HYDS becomes key partner in green hydrogen production project at Fjord Base

HYDS acquired a 33% stake in HyFuel, a developer of a green hydrogen production project for the maritime sector at Fjord Base in Norway.

about 2 years ago
Another subsea cable manufacturer commits to SBTi net-zero standard
Business Developments & Projects

Chinese subsea cable producer gets OK for emissions reduction targets

The Science Based Targets initiative (SBTi) has validated the greenhouse gas emissions reduction targets submitted by Chinese subsea cable manufacturer Zhongtian Technology Submarine Cable (ZTTSC).

about 2 years ago
1.2 mtpa FLNG; Source: Wison New Energies
Business Developments & Projects

$1 billion deal for world’s ninth and Indonesia’s first FLNG goes to Wison New Energies

Genting has handed out a $1 billion contract to Wison New Energies to construct a floating liquefied natural gas (FLNG) facility.

about 2 years ago
Image of Ocean Power Technologies PowerBuoy and WAM-V during sea trials.
Business Developments & Projects

Ocean Power Technologies to take its wave-powered buoy to Middle East

U.S.-based marine energy firm Ocean Power Technologies (OPT) has been selected as a preferred supplier for its wave-powered buoy, PowerBuoy, for delivery in the Middle East.

about 2 years ago
Blue World tests green methanol marine fuel cell system
Business Developments & Projects

Blue World tests green methanol marine fuel cell system

Danish fuel cell system developer Blue World Technologies has tested a 200 kW high-temperature PEM fuel cell module which will run on green methanol.

about 2 years ago
Illustration; Source: Novatek
Business Developments & Projects

LNG and dark fleet emerge as salient points of EU’s new raft of sanctions against Russia

The EU has decided to hit Russia with more sanctions aimed at eating away at the country’s ability to finance its military operations in Ukraine.

about 2 years ago
Great Ocean to sell Eltronic FuelTech’s technologies to shipyards in China
Business Developments & Projects

Great Ocean to sell Eltronic FuelTech’s technologies to shipyards in China

Eltronic Fueltech has signed an agreement with Great Ocean, under which the latter will be responsible for marketing and selling Eltronic’s supply and safety systems to designated shipyards across China.

about 2 years ago
HMM takes delivery of LNG-ready HMM Ruby
Business Developments & Projects

HMM takes delivery of LNG-ready HMM Ruby

South Korean Hanwha Ocean has handed over a newbuild LNG-ready 13,000 TEU containership, HMM Ruby, to compatriot shipping company HMM.

about 2 years ago
Tambak-2 well, Mako field; Source: Coro Energy
Business Developments & Projects

Strides made in putting all project pieces in place for FID by year-end for gas field offshore Indonesia

Conrad Asia Energy has signed a gas sales agreement for the domestic portion of gas from the Mako field off the coast of Indonesia.

about 2 years ago
Avolta and DB Schenker join forces on biofuel usage
Business Developments & Projects

Avolta and DB Schenker join forces on biofuel usage

Swiss-based travel retailer Avolta and German logistics provider DB Schenker have signed an agreement for the transport of goods using marine biofuel between Europe and the United States.

about 2 years ago
EU okays €3 billion German scheme in support of hydrogen network project
Business Developments & Projects

EU okays €3 billion German scheme in support of hydrogen network project

The European Commission (EC) has approved an estimated €3 billion German scheme to support the construction of the Hydrogen Core Network (HCN).

about 2 years ago
European shipowner splashes $220 million on methanol-ready boxships at HJ Shipbuilding
Business Developments & Projects

European shipowner splashes $220 million on methanol-ready boxships at HJ Shipbuilding

HJSC secured a $220 million contract with a mystery European shipowner to construct two eco-friendly methanol-ready 7,900 TEU containerships.

about 2 years ago
Illustration; Source: Africa Oil Corp.
Business Developments & Projects

Africa Oil’s consolidation move brings new investor and opens doors to greater oil & gas growth opportunities

Africa Oil Corp. has struck a deal with BTG Oil & Gas to consolidate shareholdings in Prime, which has deepwater assets located offshore Nigeria.

about 2 years ago
Bergen Engines making strides toward 100% hydrogen-fueled engine
Business Developments & Projects

Bergen Engines making strides toward 100% hydrogen-fueled engine

Bergen Engines has revealed that the entire range of natural gas engines can now accommodate a 25% hydrogen blend at full load.

about 2 years ago
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