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MoU signing ceremony between WPDA and Private Office of His Royal Highness Sheikh Ahmed Dalmook Al Maktoum (Courtesy of WPDA)
Business Developments & Projects

UAE company eyes floating solar opportunities in Pakistan

The Water and Power Development Authority of Pakistan (WAPDA) has signed two memorandums of understanding (MoU) with the Private Office of His Royal Highness Sheikh Ahmed Dalmook Al Maktoum of United Arab Emirates for capacity enhancement of existing small hydroelectric power plants and the developm

about 3 years ago
Wan Hai Lines opts for $96mln sustainability-linked financing
Business Developments & Projects

Wan Hai Lines opts for $96mln sustainability-linked financing

Taiwanese shipping company Wan Hai Lines has signed a 10-year sustainability-linked shipping financing agreement with Standard Chartered Bank.

about 3 years ago
Mike Wirth, Chevron's chairman and CEO; Courtesy of Chevron
Business Developments & Projects

Chevron enables current CEO to remain longer in the role and unveils new CFO

Chevron has disclosed a waiver of the mandatory retirement age for its current chairman and chief executive officer (CEO).

about 3 years ago
Well-Safe Defender rig; Source: Well-Safe Solutions (video)
Business Developments & Projects

Well-Safe Solutions rig winds down decom ops at one North Sea field and moves to another

Well-Safe Solutions’ semi-submersible rig has wrapped up its decommissioning assignment on one of the fields on the UKCS.

about 3 years ago
Uranus rig; Source: Trillion Energy
Business Developments & Projects

With more natural gas in mind, two players looking into energy potential in Türkiye and Bulgaria

Trillion Energy has entered into a non-disclosure agreement with a Global energy trading company, to explore strategic energy opportunities in Bulgaria and Türkiye.

about 3 years ago
RST and Samskip launch 1st shore power green initiative
Business Developments & Projects

RST and Samskip launch 1st shore power green initiative

Rotterdam Shortsea Terminals (RST) and Dutch logistics company Samskip have launched Green Shore Power initiative, which aims to reduce CO2 emissions produced by vessels docked by providing new clean shore-powered energy solutions.

about 3 years ago
ammonia
Business Developments & Projects

EPS and China Power ally on green energy solutions for maritime industry

Singapore-based Eastern Pacific Shipping (EPS) and China Power International Development Limited have signed a Framework Cooperation Agreement (FCA) to collaborate on the production of green energy and renewable fuel solutions. Under the FCA, the two parties will cooperate to advance the development

about 3 years ago
Illustration/Subhub platform (Courtesy of QED Naval)
Business Developments & Projects

QED Naval strengthens its tidal power team

Scottish marine energy company QED Naval has welcomed several new members to its team to further advance its tidal energy business and projects.

about 3 years ago
WATCH: LNG Canada completes tank hydro testing
Business Developments & Projects

WATCH: LNG Canada completes tank hydro testing

Hydro testing of the tank at the site of Canada’s first LNG export facility, the Shell-led LNG Canada project in Kitimat, British Columbia, has been completed. The procedure, also known as hydrostatic testing, ensures LNG tank safety and reliability, and regulatory compliance. The event included pum

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Business Developments & Projects

Net-zero puzzle needs multiple pieces in place: Tripling renewables and slashing oil & gas emissions

Multiple sources of supply vie for attention in the journey to net-zero, with renewables being crown jewels.

about 3 years ago
maersk
Business Developments & Projects

Singapore readies for its 1st methanol bunkering op

Singapore’s maritime industry is abuzz with anticipation as it prepares to carry out its first methanol bunkering operation this week. The operation will take place between the A.P. Moller – Maersk’s methanol-fuelled container vessel which is on its maiden voyage and Hong Lam Marine Pte Ltd’s Singap

about 3 years ago
BP to supply biofuels in Port of Wellington
Business Developments & Projects

BP to supply biofuels in Port of Wellington

bp Marine, a part of energy major bp’s trading and shipping business, has entered into a long-term supply agreement with integrated transport company StraitNZ, which includes the supply of marine biofuels in the port of Wellington.

about 3 years ago
'Major' contract for CRP Subsea in Brazil's deep waters
Business Developments & Projects

‘Major’ contract for CRP Subsea in Brazil’s deep waters

England-based CRP Subsea, part of AIS, has secured a contract with an “energy technology company” for the supply of distributed buoyancy modules (DBMs) for a deepwater oil field offshore Brazil. Under the contract described as “major”, CRP Subsea will deliver 333 DBMs which will be used on three fle

about 3 years ago
TECO 2030 and partners win €13.5mln EU grant for H2-powered ferry project
Business Developments & Projects

TECO 2030 and partners win €13.5mln EU grant for H2-powered ferry project

Norway’s cleantech company TECO 2030 and its partners have been awarded a €13.5 million Horizon Europe grant to build and demonstrate a passenger ferry powered by TECO 2030 fuel cells. Specifically, the partners’ project has been invited for Horizon Europe grant agreement preparation. The project’s

about 3 years ago
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