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Illustration (Courtesy of Supergen ORE Hub)
Business & Finance

UK invests €8.8M to drive innovation in offshore renewables

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.

about 3 years ago
Port of Newcastle
Business & Finance

MOL, MHI lead the 30-strong partnership pack in propelling Port of Newcastle into clean energy future

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

about 3 years ago
Technip Energies to provide equipment for TotalEnergies LNG terminal in Le Havre
Business & Finance

Technip Energies invests in cleantech fund to boost path toward net zero

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

about 3 years ago
Hartshead Resources
Business & Finance

Hartshead works on putting funding in place for UK North Sea gas project

Hartshead Resources has appointed specialist corporate finance energy advisors to support its efforts to secure financing for gas project.

about 3 years ago
Weatherford
Business & Finance

Weatherford scores five-year deal with Petrobras

Weatherford International has secured a long-term contract with Petrobras for the provision of intervention services offshore Brazil.

about 3 years ago
Illustration; Source: APPEA
Business & Finance

Gas rush paints LNG as energy transition’s trump card to low-carbon future

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.

13 minutes read
evergreen
Business & Finance

Evergreen confirms massive $5 bln deal for 24 methanol-fueled containerships

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

about 3 years ago
Nord Stream investigation finds explosive traces on suspiciously chartered yacht
Business & Finance

Nord Stream investigation finds explosive traces on suspiciously chartered yacht

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

about 3 years ago
Offshore Energy Exhibition & Conference 2023 expands with additional exhibition hall
Business & Finance

Offshore Energy Exhibition & Conference 2023 expands with additional exhibition hall

Europe’s premier offshore energy event to feature an integrated conference area, Offshore Energy Pavilion, and more. Offshore Energy Exhibition & Conference (OEEC) 2023, the highly anticipated event for the offshore energy industry, is proud to announce the addition of an extra exhibition hall. Th

about 3 years ago
U.S. AUV developer marks first step towards tech’s commercialisation, aims to accelerate seafloor data acquisition for offshore wind
Business & Finance

U.S. AUV developer marks first step towards tech’s commercialisation, aims to accelerate seafloor data acquisition for offshore wind

Bedrock, the US-based developer of a portable autonomous underwater vehicle (AUV) for offshore wind surveys, has secured $25.5 million in a Series A funding round, bringing its total funding to date to $33.5 million and the technology a step closer to commercial use. The company says it will use the

about 3 years ago
Maersk
Business & Finance

Clarksons: 44 pct of ships ordered in H1 are alternatively fueled

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

about 3 years ago
More work for McDermott with Qatargas
Business & Finance

More work for McDermott with Qatargas

McDermott has won a “major” contract with Qatargas to deliver engineering, procurement, construction, and installation (EPCI) for a subsea pipeline and cable project. McDermott will deliver EPCI for the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project

about 3 years ago
ME-GA
Business & Finance

1st ME-GA engine wraps up gas trials

The first ME-GA engine has completed gas trials aboard an LNG carrier built by Hyundai Samho Heavy Industries (HSHI) for Norwegian shipping company, Knutsen OAS Shipping, MAN Energy Solutions announced. The new engine is an Otto-cycle variant of the company’s ME-GI engine, designed for LNG/fuel-oil

about 3 years ago
FPSO Bacalhau; Source: Equinor
Business & Finance

WATCH: FPSO leaves Chinese shipyard after 32 months

Equinor has disclosed video footage, showing an FPSO, which will work on its field offshore Brazil, leaving a Chinese shipyard.

about 3 years ago
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