Dutch thermoplastic composite pipe (TCP) producer Strohm has completed the largest funding round in the company’s 15-year history by securing a €15 million investment to support its TCP solutions. The €15 million investment includes a €10 million commitment made by ING Corporate Investments (a 100%
Scotland’s national economic development agency Scottish Enterprise and its manager of land and sea assets Crown Estate Scotland have selected an Edinburgh-based consultancy to provide technical advice services for investments in the MeyGen tidal energy project.
Seasurfer, an LPG carrier managed by Athens-based Thenamaris LNG, has arrived at the Port of Ulsan, South Korea with the shipment of what has been described as the ‘world’s first certified blue ammonia cargo’. The midsize gas carrier, built by Hyundai Mipo in 2017, loaded the cargo at King Fahad Ind
Equinor has started production from the Johan Sverdrup Phase 2 project in the North Sea, ensuring that the entire field is now online.
German shipbuilder Meyer Werft has handed over the LNG-fuelled cruise ship Arvia to the British shipping company P&O Cruises. Arvia is a sister ship of the Iona, built-in 2020. Both vessels have been described as ‘future proof’ as they will be able to run on carbon-neutral liquefied natural gas (eLN
OKEA and Equinor in collaboration with license partners have set the wheels into motion to electrify the Draugen field and Njord A platforms.
Saipem has secured new offshore contracts with a total value of approximately $1.2 billion for work in Guyana and Egypt.
Belgium-based tanker shipping giant Euronav informed earlier today that it has received a letter from its biggest shareholder Compagnie Maritime Belge (CMB) seeking termination of the company’s tie-up with Frontline. The letter was addressed to Euronav’s Supervisory Board, following the publication
UK’s BEIS has published key documents relating to the pot structure and administrative strike prices for renewable energy projects in the fifth round of contracts for difference (CfD), while also launching the consultation that will shape the next ones.
Singapore’s Samudera Shipping Line has announced a purchase agreement for 8,599,702 ordinary shares (sale shares) of LNG East-West Shipping Company (LNG EW) from Japanese shipping major Nippon Yusen Kabushiki Kaisha (NYK). The agreement was made on 6 December and is expected to be realised by mid-De
Out of the 28 financial institutions reporting their emissions data in the third edition of the Poseidon Principles Annual Disclosure Report 2022, seven banks are aligned with the IMO’s ambition of halving shipping’s GHG emissions by 2050. The Poseidon Principles are a global framework for assessing
Norwegian regulator has carried out an audit of Equinor and its completion of electrical facilities on the Johan Castberg FPSO.
Noble Corporation has secured a long-term contract for one of its jack-up rigs with BP for operations in the UK sector of the North Sea.
Proman Stena Bulk, the joint venture between tanker company Stena Bulk and methanol producer Proman, has taken delivery of its fourth methanol-fuelled tanker, Stena Prosperous. The 49,990 DWT vessel was built by Guangzhou Shipyard International Co Ltd (GSI) and will now enter commercial operation ru
