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Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Corvus Energy, Yaskawa/The Switch team up to improve marine battery systems

Finnish power electronics specialist Yaskawa Environmental Energy/The Switch has joined forces with Norway-based maritime energy storage system manufacturer (ESS) to continue the development of its smart battery short-circuit limiter (BSCL) protection device for large-scale battery solutions and adv

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Govt to dish out millions to kickstart 11 carbon capture projects with potential to generate $20 bln

Emissions Reduction Alberta (ERA) says Canada’s province will invest over $40 million in 11 projects focused on advancing CCUS.

about 4 years ago
In focus: Are renewables turning oil & gas plays truly into a thing of the past or are we not there yet?
Business & Finance

In focus: Are oil & gas plays truly becoming a thing of the past or are we not there yet?

Worldwide dependence on oil and gas has been in evidence ever since the Ukraine crisis started, casting doubt over the pace and the lengths the world is prepared to go to in order to embrace decarbonisation. While the shift to green energy investments is undoubtedly both necessary and inevitable, th

about 4 years ago
Borr lines up new assignment for its rig with UAE oil & gas player
Business & Finance

Borr lines up new rig assignment with UAE player

Borr Drilling has been awarded a deal by Mubadala Petroleum for a jack-up rig, which is expected to carry out ops in Thailand.

about 4 years ago
Operator cheers first gas from wind and solar powered platform in Trinidad and Tobago
Business & Finance

Operator cheers first gas from wind and solar powered platform off Trinidad

DeNovo Energy has achieved the first gas from a project entailing a renewable energy-powered platform, located offshore western Trinidad.

about 4 years ago
Ocean Sun, Keppel team up for Singapore's first membrane-based nearshore floating solar project
Business & Finance

Ocean Sun and Keppel team up for nearshore floating solar project in Singapore

Keppel Infrastructure has secured a grant from the Energy Market Authority (EMA) and JTC to pilot the first membrane-based nearshore floating solar photovoltaic (PV) system in Singapore.

about 4 years ago
Orient Cable gets €29.5 million green loan
Business & Finance

Orient Cable gets €29.5 million green loan

Chinese power cable specialist Orient Cable (NBO) has secured an RMB 200 million (around €29.5 million) compliant green loan facility from HSBC Bank. The Chinese company stated that the grant affirms its efforts and commitments to the Science Based Targets initiative (SBTi) to achieve 2050 net zero

about 4 years ago
‘Disorderly’ energy transition looms with rising coal demand, high gas prices and stalled renewable plans, says WoodMac
Business & Finance

‘Disorderly’ energy transition looms with rising coal demand and high gas prices, says WoodMac

WoodMac: As plans for renewables stall, Asia’s decarbonisation ambition does not match reality amid rising coal demand and high gas prices.

about 4 years ago
As rig utilisation ramps up in Asia Pacific, stacked jack-ups get reactivated mostly for gigs in Middle East, reveals Westwood
Business & Finance

Rig utilisation ramps up in Asia Pacific, reveals Westwood

Rig activity in Asia Pacific has been stepped up this year, but most stacked jack-ups are being reactivated for gigs in the Middle East.

about 4 years ago
UK firm collects $128 million in new deals with further headcount increase on the horizon
Business & Finance

UK firm collects $128 million in new deals with headcount increase on the horizon

EnerMech has secured new contract awards worth over $126 million in Africa, Caspian and the Middle East, spurring further headcount increase.

about 4 years ago
Final test and assembly of Bombora's mWave underway
Business & Finance

Final test and assembly of Bombora’s mWave underway

Bombora Wave Power has begun the final test and assembly phase of its mWave device, said to be the world’s most powerful wave energy converter (WEC).

about 4 years ago
Buckeye Partners completes acquisition of Bear Head Energy
Business & Finance

Buckeye Partners completes acquisition of Bear Head Energy

Buckeye Partners has closed the acquisition of Bear Head Energy, which owns an LNG and clean energy project in Nova Scotia, Canada.

about 4 years ago
PGS and deepC Store to pursue carbon capture and storage projects under new agreement
Business & Finance

PGS and deepC Store ink subscription agreement

Norwegian seismic company PGS and Australia’s deepC Store Limited (DCS) have entered into a subscription agreement under which dCS will issue shares to PGS in exchange for geological and geophysical advisory services. As a result of the agreement, PGS will become a major shareholder in dCS. The two

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Deutsche Bank to support Botas in LNG purchases

German investment bank Deutsche Bank and Turkish state-owned LNG company Botas have finalised a $927 million three-year loan for LNG purchases.

about 4 years ago
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