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Stena line
Business & Finance

Stena Line partners with Wärtsilä to convert vessels to methanol

Swedish ferry operator Stena Line has hired technology group Wärtsilä to convert some of its vessels to operate with methanol fuel. The conversions will include the fuel supply system and engine modifications, as well as integrating the new installations with the ships’ existing systems. The contrac

about 3 years ago
Synergia Energy
Business & Finance

Carbon storage license award seen as ‘significant milestone’ for UK CCS project

Synergia Energy has been awarded a license under the North Sea Transition Authority’s first carbon storage licensing round, which it sees as an important step for its carbon capture and storage (CCS) project.

about 3 years ago
Dutch national hydrogen network project gains ground
Business & Finance

Dutch national hydrogen network project gains ground

Energy infrastructure company Gasunie has taken the investment decision for the first part of the Dutch national hydrogen network. Gasunie said the section is being developed by its subsidiary Hynetwork Services, which was commissioned by the government last year. The investment exceeds €100 million

about 3 years ago
Trinity Exploration & Production
Business & Finance

Petrofac taking ‘fresh look’ at development plans off Trinidad to help unlock block’s potential

Trinity has hired Petrofac to undertake a concept-screening study for the development of further reserves at its block offshore Trinidad.

about 3 years ago
TitalEnergies Green Marine
Business & Finance

TotalEnergies and Green Marine team up on methanol bunkering study in Singapore

TotalEnergies Marine Fuels and Green Marine Bunkering have entered a memorandum of understanding (MOU) on a joint development study on methanol as a new marine fuel in Singapore. Under the partnership, TotalEnergies Marine Fuels and Green Marine Bunkering will study the feasibility to implement a vi

about 3 years ago
Aquaterra Energy
Business & Finance

UK player goes to Middle East for eight-well decom gig

Aquaterra Energy has secured a contract with an undisclosed Abu Dhabi-based operator, to provide offshore riser equipment and services.

about 3 years ago
Unity platform; Source: INEOS
Business & Finance

INEOS FPS books Sparrows for more work at North Sea platform

Sparrows Group has secured a long-term deal with INEOS FPS for work on the company’s UK North Sea platform.

about 3 years ago
IMO Liberia Hong Kong Convention
Business & Finance

After Liberia’s accession to Hong Hong Convention the treaty can now enter into force

Shortly after Bangladesh, Liberia has acceded to the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships enabling the treaty to finally enter into force. The Hong Kong Convention aims to ensure that ships when being recycled after reaching the end of their operational live

about 3 years ago
Greater Plutonio FPSO off Angola; Source: BP
Business & Finance

TechnipFMC rakes in multi-million deal with Angola’s largest independent oil & gas producer

TechnipFMC has been hired by Azule Energy to provide subsea production systems for a development project offshore Angola.

about 3 years ago
Maersk
Business & Finance

Maersk ups the ante with order for six more methanol-powered containerships

Danish container shipping heavyweight A.P. Moller – Maersk (Maersk) has placed an order for six mid-sized container vessels with Yangzijiang Shipbuilding Group. The company said that the six 9,000 TEU vessels will all have dual-fuel engines able to operate on green methanol and fuel oil. The ships a

about 3 years ago
An image mapping Hornsea Four location within the Hornsea Zone
Business & Finance

A win for coexistence in North Sea | BP and Ørsted reach agreement on offshore wind-CCS project overlap area

Ørsted and BP have reached an agreement on the previously disputed overlap area between the Hornsea Four offshore wind farm and the Endurance carbon storage site, developed by the Northern Endurance Partnership (NEP) that gathers BP, Equinor and TotalEnergies. Quick overview: Ørsted submitted an app

about 3 years ago
Illustration; Source: Wood Mackenzie
Business & Finance

WoodMac pinpoints five global energy transition themes through Asian lens

Wood Mackenzie, an energy intelligence group, lists five global challenges in the energy transition story from the Asian perspective.

about 3 years ago
Yara Kara, Image by Yara International
Business & Finance

Yara to invest in blue ammonia capacity in U.S.

As part of its journey to decarbonize agriculture and serve clean ammonia segments, Norwegian fertilizer company Yara has announced it will boost its clean ammonia operations by investing in blue ammonia capacity in the U.S. Yara noted its ambition is to be the leading distributor across green, blue

about 3 years ago
West Tucana jack-up rig; Source: Seadrill
Business & Finance

Seadrill mulls over divestment of three jack-ups along with stake in Gulfdrill

Seadrill is contemplating the sale of three jack-up rigs, which are working in Qatar, along with its interest in Gulfdrill LLC.

about 3 years ago
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