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Illustration/Offshore floating solar with offshore wind (Courtesy of SolarDuck)
Business & Finance

SolarDuck to build 5MW floating solar demonstrator integrated with offshore wind farm

Dutch-Norwegian company SolarDuck has been awarded a contract for the world’s largest hybrid offshore floating solar power plant at the offshore wind park Hollandse Kust West VII in the Netherlands.

about 3 years ago
Shell comes aboard subsea 3D printing joint industry project
Business & Finance

Shell comes aboard subsea 3D printing joint industry project

Shell has joined a joint industry project dedicated to developing and testing advanced 3D printing technologies as an in situ, metal-to-metal, repair method for subsea assets. Shell joins project partners Kongsberg Ferrotech, Equinor, Gassco and SINTEF who have been working on this industrial projec

about 3 years ago
New action plan comes into the limelight to accelerate decarbonisation
Business & Finance

New action plan comes into the limelight to accelerate decarbonisation

With COP27 in full swing, governments have set out an action plan to scale up decarbonisation efforts, says IRENA.

about 3 years ago
Enagás unit receives funding to boost LNG and BioLNG supply in Canary Islands
Business & Finance

Enagás unit receives funding to boost LNG and BioLNG supply in Canary Islands

Scale Gas, a subsidiary of Spanish energy company Enagás, has received funding from the Ministry of Transport, Mobility and Urban Agenda to boost the construction of a bunkering vessel for the supply of LNG and BioLNG in the Canary Islands. Scale Gas will receive a total of €15 million and plans to

about 3 years ago
Avance Gas keeps divesting older VLGCs to renew fleet and improve fuel efficiency
Business & Finance

Avance Gas keeps divesting older VLGCs to renew fleet and improve fuel efficiency

Norway-based liquefied petroleum gas (LPG) transporter Avance Gas has signed an agreement to sell another very large gas carrier (VLGC) as it is renewing its fleet. The company agreed to sell the 2009-built VLGC Promise with a time charter attached. The vessel is expected to be handed over to the ne

about 3 years ago
Savinetta Sun
Business & Finance

KSS Line, Samsung C&T ink transport deal for ammonia and hydrogen

Korean shipping company KSS Line has signed an agreement with Samsung C&T, the construction and trading arm of Samsung Group, for the maritime transportation of clean hydrogen and ammonia, the Korea Economic Daily reports. Under the terms of the deal, Samsung’s trading arm would build supply for the

about 3 years ago
Danish player to furnish TotalEnergies’ North Sea oil & gas assets with manpower
Business & Finance

Danish player bags five-year deal for TotalEnergies’ North Sea oil & gas assets

TotalEnergies has handed out a long-term deal for the provision of manpower and construction service to its assets in the Danish North Sea.

about 3 years ago
UK and German representatives meet to celebrate NeuConnect
Business & Finance

UK and German representatives meet to celebrate NeuConnect

German Ambassador to the UK Miguel Berger and UK Trade Commissioner for Europe Chris Barton have joined an industry event to help celebrate continued progress on the NeuConnect project that will create the first direct connection between the UK and German energy markets. Led by Meridiam, Allianz Ca

about 3 years ago
Cargo
Business & Finance

Cargo owners roll out a roadmap to decarbonize ocean freight by 2040

Cargo owner-led network Cargo Owners for Zero Emissions Vessels (coZEV) has released a ‘Roadmap to 2040’, which outlines action areas cargo owners can start taking in 2023 to enable full decarbonization of their ocean freight by 2040. Reaching net-zero by 2040 has been established as a target by the

about 3 years ago
COP27 brings another call for international framework to end fossil fuel era
Business & Finance

COP27 brings another call for international framework to end fossil fuel era

Tuvalu becomes the second nation-state to call for an international mechanism to phase out fossil fuels and enable transition to renewables.

about 3 years ago
Shell prolongs FPSO deal with BW Offshore and Saipem for Brazilian oil & gas project
Business & Finance

Shell prolongs deal with BW Offshore and Saipem for Brazilian oil & gas project

Shell and its partners have extended the limited notice to proceed (LNTP) period with BW Offshore and Saipem.

about 3 years ago
Vinga class vessels
Business & Finance

Furetank, Algoma expand investment to eight dual-fuel product tankers

Swedish Furetank and Canadian Algoma Central Corporation are expanding the FureBear joint venture to include eight dual-fuel product tankers to trade in Northern Europe. The 50/50 owned joint venture was announced in August with an order for four dual-fuel tankers and is now extended with four addit

about 3 years ago
Production from FPSO operating off Brazil to be restarted by year-end
Business & Finance

Production restart from FPSO operating off Brazil expected by year-end

SBM Offshore is putting the wheels into motion to resume production by the year-end from an FPSO, which is working for Petrobras off Brazil.

about 3 years ago
Port of Aberdeen
Business & Finance

Port of Aberdeen gets £200,000 to speed up its drive to net zero

The UK’s Port of Aberdeen has been awarded more than £200,000 from the UK Government to accelerate its drive to Net Zero by 2040. The ‘Port Zero’ feasibility study, which is part of the Clean Maritime Demonstration Competition Round 2 (CMDC2), will analyse future port power demands, assess low carbo

about 3 years ago
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