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Svanehøj hits record in orders due to LNG-fueled newbuilds increase
Business & Finance

ITT set to acquire Danish pump specialist Svanehøj

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

about 2 years ago
Andritz orders 18 electrolyzers from HydrogenPro
Business & Finance

Andritz orders 18 electrolyzers from HydrogenPro

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

about 2 years ago
Eni and Snam unveil Italy’s first carbon capture and storage project
Business & Finance

Eni and Snam unveil Italy’s first carbon capture and storage project

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

about 2 years ago
Ugo Salerno
Business & Finance

RINA picks new CEO as it eyes stock market debut

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

about 2 years ago
HHLA
Business & Finance

HHLA: Boards greenlight takeover offer by MSC

The Executive Board and the Supervisory Board of HHLA are recommending the shareholders to accept the MSC offer.

about 2 years ago
NFE partners with Pemex to deploy FLNG solution at Lakach field
Business & Finance

New Fortress Energy inks FSRU charter agreement with Petrobras

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

about 2 years ago
P&O Maritime Logistics,
Business & Finance

P&O Maritime Logistics: We are assessing a diverse array of fuels

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

about 2 years ago
ETAP facility in the North Sea; Source: BP
Business & Finance

BP brings on stream first oil & gas tie-back to its UK North Sea hub in 20 years

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.

about 2 years ago
Wärtsilä
Business & Finance

Wärtsilä reshuffles organization, discontinuing Marine Systems

Finnish technology group Wärtsilä revealed plans to further streamline its marine business portfolio by divesting its Gas Solutions business unit.

about 2 years ago
Illustration; Source: Light Structures
Business & Finance

Hull monitoring systems ordered for two Petrobras’ FPSOs under construction at Chinese yard

Light Structures has won two contracts for the delivery of hull stress monitoring systems for two Petrobras-commissioned FPSOs.

about 2 years ago
New carbon capture firm to enter UK market
Business & Finance

New carbon capture firm to enter UK market

Aberdeen-based Amplus Energy Services is entering the carbon capture sector with a multi-million-pound investment in a Norwegian carbon capture company which will see the creation of a new UK carbon capture business. Amplus Energy announced it was investing seven figures in the Norwegian carbon capt

about 2 years ago
Gina Krog field in the North Sea; Source: Ole Jørgen Bratland/Equinor
Business & Finance

After Shelf Drilling rig hits gas in North Sea, production start-up on the cards by year-end

Equinor has made a new gas discovery in the North Sea, using one of Shelf Drilling’s jack-up rigs.

about 2 years ago
Kriegers Flak offshore wind farm in the Danish Baltic Sea
Business & Finance

Vattenfall, TKF enter long-term partnership for inter-array cables

Vattenfall and TKF have signed a multi-year partnership for the supply of inter-array cables for offshore wind farms in Europe. The agreement covers the supply of 66 kV inter-array cables and will apply to all fixed-bottom European offshore wind farms developed by Vattenfall in the coming years. The

about 2 years ago
North Field off Qatar; Source: QatarEnergy LNG
Business & Finance

Strengthening of Qatar-China energy ties entrenches gas as ‘central component’ in journey to sustainable future

A recent deal between Qatar’s QatarEnergy and China’s Sinopec bolsters hopes that gas and LNG will power the energy transition engine.

about 2 years ago
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