U.S.-based energy company NextDecade has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at the company’s 27 million tons per annum (MTPA) Rio Grande LNG (RGLNG) export facility in Brownsville, Texas. Specifically, the company executed and c
Italian cabling giant Prysmian has renewed its €1,000 million long-term revolving credit facility, including environmental and social KPIs among the parameters that determine the financing conditions. Prysmian reported on 13 July that it had signed the renewal of the €1,000 million long-term revolvi
Japan’s energy company Inpex Corporation has announced the beginning of construction of surface plant facilities of the Kashiwazaki clean hydrogen/ammonia project to be implemented at its Higashi-Kashiwazaki gas field in the Hirai district of Kashiwazaki City, Niigata Prefecture, Japan. According to
The installation of the much-anticipated South Pars (SP) Phase 11 platform has been completed in the Persian Gulf.
The Supergen Offshore Renewable Energy (ORE) Impact Hub, led by the University of Plymouth, has secured €8.8 million to accelerate the impact of current and future offshore renewables devices and systems and to drive the UK towards it net zero commitments.
Australia’s Port of Newcastle has formalized 30 partnerships with domestic and multi-national organizations aimed at advancing the port’s plans of regenerating a 220-hectare parcel of industrial wasteland into a dedicated Clean Energy Precinct. The once-in-a-generation project is one of two key deve
Engineering and technology company Technip Energies has invested in Evok Innovation’s Fund II, a cleantech fund that invests in and supports hard-tech development and focuses on next-generation sectors such as low-carbon hydrogen, carbon capture and removal, electrification and critical minerals. Ac
Hartshead Resources has appointed specialist corporate finance energy advisors to support its efforts to secure financing for gas project.
Hawaii-based shipping company Pasha Hawaii has taken delivery of the MV Janet Marie, the second of two new ‘Ohana Class’, LNG-powered container ships built at AmFELS, a member of Seatrium Group. The 774-foot (235-meter) vessel joins Pasha Hawaii’s fleet serving the Hawaii/Mainland trade lane, as wel
Weatherford International has secured a long-term contract with Petrobras for the provision of intervention services offshore Brazil.
Gas has solidified its position at the top of the energy pyramid, thus, the pursuit for more natural gas and LNG is in full swing.
Taiwanese container shipping major Evergreen Marine has sealed the order for twenty-four methanol dual-fuel containerships in a monumental step toward decarbonizing its fleet. The construction deal has been divided between industry major Samsung Heavy Industries (SHI), and Nihon Shipyard, a joint ve
Germany has found traces of subsea explosives in samples taken from a yacht that may have been used to transport the explosives that damaged the Nord Stream gas pipelines in the Baltic Sea, a letter sent to the UN Security Council states. Four gas leaks were found on the Nord Stream 1 and 2 pipeline
Green transition remains a central underlying driver for shipping markets, according to the latest review from Clarksons Research, which estimates that 44% of newbuild tonnage ordered in the first half of this year was alternative fueled. With 62 orders secured in the first six months of 2023, metha
