German renewable energy company BayWa r.e. has officially inaugurated the Grafenwörth floating solar plant, the largest of its kind in Austria and Central Europe. The company revealed this milestone in a brief social media update on 17 May. The project was built earlier this year by BayWa r.e.’s Aus
Saudi state-owned oil and gas giant Aramco has appointed presidents of its upstream and downstream businesses to support the company’s growth plans. Aramco has appointed Nasir K. Al-Naimi as President of its Upstream business and Mohammed Y. Al Qahtani as President of its Downstream business, both r
French activist shipping company Windcoop and offshore sailing team and sustainability platform Team Malizia have joined forces to promote wind technology for a carbon-neutral future in maritime transportation.
Authorization of the Alaska LNG project was lawful and reasonable, a U.S. appeals court ruled, dismissing environmental groups’ petition to review federal approvals. Alaska Gasline Development Corporation (AGDC) sought authorization to build and operate the $39 billion project that would produce up
The North Sea Transition Authority (NSTA) has offered 12 companies awards for 20 carbon storage licenses in the UK’s first-ever CO2 storage licensing round. The NSTA launched the UK’s first-ever carbon storage licensing round in June 2022, with applications closing in September. The 20 licenses in t
Marine fuel supplier Peninsula has confirmed the renewal of its syndicated European credit facility, reporting an increase from $350 million to $450 million. The supplier said that, together with the group’s Asian syndicated facility and other bilateral lines, the increase in the European credit fac
Southern hydrogen corridor or SoutH2 Corridor, a hydrogen-ready pipeline corridor connecting North Africa to central Europe, has received support from Italian, Austrian and German ministries of energy for its development in the European Union and for the respective infrastructure projects to obtain
Italian oilfield services provider Saipem has secured two new offshore contracts with an overall value of approximately $850 million. Saipem has been awarded an engineering, procurement, construction and installation (EPCI) contract by Turkish Petroleum OTC for the second phase of the Sakarya FEED a
Svitzer, a towage provider and part of A.P. Moller-Maersk, has awarded a contract to Uzmar Shipyard to build two new TRAnsverse tugs for its Australian business. According to Svitzer, the TRAnsverse tugs, created in collaboration with Robert Allan Ltd., deliver an estimated 10-15% reduction in fuel
Canada’s oil and gas player Trillion Energy has discovered an ‘abundance of gas pay’ with the fifth well in its multi-well program at a natural gas field in the Black Sea off Türkiye. The Bayhanli 2 well was spud on 5 April at the East Ayazli Tripod on the SASB gas field with the Uranus rig, which w
Ocean Winds has signed a contract with the Australian company Sea Global and its Polish subcontractor PGNiG Gazoprojekt to prepare design documentation and obtain a building permit for offshore export cables for the BC-Wind offshore wind farm in the Polish Baltic Sea. The scope of the contract cover
DAI Infrastructure GmbH and Freepan Holdings Corp have entered a ten-year green ammonia purchase agreement. The companies signed a Memorandum of Understanding (MoU) according to which Freepan will offtake 800 000 TPA of green ammonia. According to DAI, the green ammonia will be produced in East Port
Brazilian state-owned oil and gas giant Petrobras has discovered hydrocarbons in an exploratory well in the Aram block in the Santos Basin pre-salt offshore Brazil. The 3-BRSA-1387D-SPS well is located 260 kilometers from the city of Santos-SP, at a water depth of 1,979 meters. According to Petrobra
Cool Company (CoolCo), an owner, operator and manager of LNG carriers, has entered into a new time charter agreement for one of its TFDE vessels. The multi-year charter with an undisclosed energy major starts early next year, upon redelivery from the vessel’s current charter. It will add backlog thr
