Danish marine pump specialist Svanehøj Group revealed that it is being acquired by ITT Inc., a U.S.-based multi-industrial company, which is expanding its presence in the growing market for liquefied gas. Svanehøj specializes in the supply of marine fuel and cargo pumps, along with LNG/LPG tank gaug
Technology company and an OEM for high-pressure alkaline electrolyzers HydrogenPro and technology group Andritz have signed a purchase contract for the delivery of 18 units of HydrogenPro’s 5.5 MW cell stacks with a total capacity of 100 MW. The firm purchase order follows a stock exchange notice da
Italy’s oil and gas giant Eni and energy infrastructure operator Snam have launched the first carbon capture and storage (CCS) project in Italy. Eni CEO Claudio Descalzi and Snam CEO Stefano Venier signed an agreement on December 19, 2022, to jointly develop and manage Phase 1 of the Ravenna CCS Pro
Japanese shipping company NYK Line has partnered with NTT Data Japan Corporation to establish a system to aggregate total greenhouse gas (GHG) emissions from NYK’s business.
Finnish oil refining and marketing company Neste has partnered with Tennessee-based maritime transportation firm PTL Marine to supply renewable diesel to the marine sector across California.
Italian inspection, classification, and engineering consultancy firm RINA has appointed Carlo Luzzatto as the future CEO and General Director. He will assume the role of Ugo Salerno, who will continue to play an integral role in the running of the company, retaining his position as executive preside
Industrial gas supplier Air Products has revealed plans to build, own, and operate a carbon capture and CO2 treatment facility at its existing hydrogen production plant in Rotterdam, the Netherlands. The company aims to bring the facility on stream in 2025, with the resulting blue hydrogen product t
The Executive Board and the Supervisory Board of HHLA are recommending the shareholders to accept the MSC offer.
U.S. energy company New Fortress Energy (NFE) has executed a definitive agreement to charter the floating storage and regasification unit (FSRU) Energos Winter from Brazilian state-owned oil and gas giant Petrobras starting in December 2023. According to NFE, the FSRU will be deployed to Terminal Ga
In today’s rapidly evolving landscape, it is no longer a question of whether to decarbonize, but rather how to do it effectively and strategically. The imperative to reduce carbon emissions and embrace sustainability has become an indisputable reality for businesses across industries. The focus has
BP has started production from a field in UK waters, which was developed by Neptune Energy and connected to the oil major’s 25-year-old Eastern Trough Area Project (ETAP) hub, reusing some existing subsea infrastructure.
Danish company Wavepiston has started the final stage of installation of its full-scale wave energy system for desalination and power production offshore Canary Islands.
A feasibility study, undertaken by the classification society Lloyd’s Register, has highlighted the potential for using clean ammonia to refuel ships, particularly iron ore carriers, visiting the Pilbara region of Western Australia. The study, commissioned by Yara Clean Ammonia, a unit of Norwegian
French LNG containment specialist GTT has signed a technical service agreement with the ship repair unit of Qingdao Beihai Shipbuilding, a part of China State Shipbuilding Corporation (CSSC). The agreement was signed on November 1, 2023, by Adnan Ezzerhouni, General Manager of GTT China, and Sun Shu
