Finnish technology group Wärtsilä has been contracted to supply engines, waterjets, and fuel storage and supply system for a new high speed catamaran ferry powered by liquefied natural gas (LNG).
Norwegian shipping company Avance Gas has raised long-term financing for the two last remaining liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) newbuildings.
Knutsen NYK Offshore Tankers (KNOT), a joint venture between Japanese shipping company NYK and Norway’s shipping company TS Shipping Invest, has taken delivery of its second dual-fuel LNG shuttle tanker.
Singapore’s Keppel has reached final investment decision (FID) to develop a hydrogen-ready power plant and has awarded an engineering, procurement and construction (EPC) contract to Mitsubishi Power Asia Pacific and Jurong Engineering.
The UK-based Core Power has secured research funds from the U.S. Department of Energy’s Nuclear Energy University Program (NEUP) to study the development of offshore floating nuclear power generation in the US. Core Power specializes in scalable atomic power technology for ocean transport and heavy
The Bill Gates-founded investment fund Breakthrough Energy Ventures (BEV) has entered as an investor in Danish fuel cell company Blue World Technologies alongside Vaekstfonden, DEUTZ AG, and existing investors who invested back in December 2021 to complete the company’s €37 million series B round.
Classification society DNV has issued approval in principle (AiP) to Norway-based H2Carrier for its industrial-scale concept for a floating production unit to produce green ammonia at sea, confirming the technical feasibility of the design. H2Carrier is the designer and owner of the proprietary P2XF
American Bureau of Shipping (ABS) is providing new technology qualification (NTQ) services for pioneering ammonia subsea storage technology from NOV.
U.S. LNG project developer Tellurian intends to offer and sell senior secured notes and use the funds for the Driftwood project entities to support the construction of the Driftwood LNG.
India’s energy firm Avaada Group has signed a deal with the Government of Rajasthan for a green ammonia facility with a production capacity of one million tonnes per annum.
Santos has announced a final investment decision to proceed with the Darwin Pipeline Duplication Project, located offshore Australia’s Northern Territory.
Syzygy Plasmonics, LOTTE Chemical, and Sumitomo Corporation of Americas (SCOA) announced a joint development agreement to test a fully electric chemical reactor for clean hydrogen production.
Northern Lights, a joint venture between Equinor, Shell and TotalEnergies, and Norwegian chemical company Yara have signed what is said to be the world’s first commercial agreement on cross-border CO2 storage and transport, marking a ‘major milestone’ for decarbonising Europe. Northern Lights and Ya
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Norwegian shipowner Torghatten Nord for two hydrogen-powered vessels operating on Norway’s longest ferry route, Vestfjordstrekninga, connecting Bodø, Røst, Værøy and Moskenes. The two vessels, designed by Norwegian Ship Design, will us
