European Commission (EC) President Ursula von der Leyen and President of Namibia Hage Geingob have endorsed the roadmap for the EU–Namibia strategic partnership on sustainable raw materials value chains and renewable hydrogen, supported by €1 billion in investments by the EU, its member states and E
Japanese company Mitsui & Co. has signed an agreement with the Fukui prefectural government and Hokuriku Electric Power Company to conduct a joint feasibility study on the development of a hydrogen and ammonia supply chain using floating storage and regasification unit (FSRU) in the port of Tsuruga.
Petronas has signed a late life asset PSC with Ping Petroleum for a cluster of three developed fields offshore Peninsular Malaysia.
Kongsberg Discovery has commenced an extensive program of sea trials for its new long-range autonomous underwater vehicle (AUV) Hugin Endurance. Measuring approximately 11 meters in length, with a diameter of 1.2 meters and weighing around 8,000 kg, Hugin Endurance is said to be the largest member o
UK-based wind propulsion company Anemoi Marine Technologies has entered into a joint design cooperation deal with Chinese shipbuilder Hudong-Zhonghua Shipbuilding Group for the design of rotor sails onboard two LNG carrier newbuildings. The deal was signed on 26 October between Nick Contopoulos, Chi
Bord Gáis Energy, part of Centrica plc, has joined ESB and dCarbonX on the Kestrel project which proposes the re-development of decommissioned gas reservoirs at the Kinsale Head gas field offshore Ireland for large-scale green hydrogen storage. ESB and dCarbonX, an associate company to Snam, have be
North Sea Transition Authority (NSTA) has awarded 27 licenses in areas with the potential to go into production more quickly than others to bolster Britain’s energy security.
The Dutch government has launched a sweeping maritime manufacturing industrial policy in collaboration with the maritime sector, aimed at driving the transition to cleaner energy and ensuring economic and military security. The effort, unveiled in Rotterdam on October 26, sets the stage for a joint
New programs for the transformation of the offshore energy sector are here. Through these actions, the industry is dealing with the following questions: to provide energy that is secure, affordable and lower in carbon. Example number one: Korea’s Ministry of Trade, Industry and Energy (MOTIE), energ
Fortescue, a global green energy, metals and technology company, has invested close to NOK 100 million ($8.9 million) to become a shareholder in Norwegian Hydrogen. The investment will see Fortescue acquire a 12.5% ownership interest in Norwegian Hydrogen, becoming the third largest shareholder. For
According to news agency Reuters, energy major Shell will cut at least 15% of the workforce at its low-carbon solutions division and scale back its hydrogen business as part of CEO Wael Sawan’s drive to boost profits. The staff cuts and organizational changes come after Sawan, appointed as CEO in Ja
The incidents that caused damage to the Balticconnector gas pipeline and telecom cables between Estonia, Finland, and Sweden are related, according to Estonian Prime Minister Kaja Kallas. Kallas met with Finnish Prime Minister Petteri Orpo and Swedish Prime Minister Ulf Kristersson in Brussels yeste
The floating production storage and offloading unit (FPSO) Almirante Barroso, deployed at Petrobras’ deepwater oil field in the Santos Basin offshore Brazil, has reached full production in record time. The FPSO, which operates in the Búzios field in the pre-salt layer of the Santos Basin, reached fu
Greece’s Hellenic Cables, the cable segment of Cenergy Holdings, has signed a contract with Seaway7 for the supply of inter-array cables for the East Anglia Three offshore wind farm in the UK. Under the contract, Hellenic Cables will be responsible for the engineering, manufacturing, testing, and su
