State-owned oil and gas giant QatarEnergy has signed definitive agreements with China National Petroleum Corporation (CNPC) for the long-term supply of LNG to China and partnership in the North Field East (NFE) LNG expansion project. The LNG sales and purchase agreement (SPA) between the two parties
Shipbuilding heavyweight China State Shipbuilding Corporation (CSSC) and DNV classification society have established a Future Ship Joint Innovation Centre in Shanghai. The centre will enable the duo to cooperate on ship and offshore field technical innovation, advance in decarbonization and digitali
The subsea ammonia storage unit, a part of a joint development project (JDP) that includes the American Bureau of Shipping (ABS), NOV Subsea Production Systems, Equinor, the Research Council of Norway and the Net Zero Technology Center, has entered its final phase of testing. The 200-cubic-meter pro
The UN’s 193 member states adopted a legally binding marine biodiversity agreement on Monday following nearly two decades of negotiations over forging a common wave of conservation and sustainability in the high seas beyond national boundaries – covering two thirds of the planet’s oceans. It forms t
MISC Berhad (MISC), a provider of energy-related maritime solutions, has signed collaboration agreements with Swiss marine power company WinGD and classification society DNV for the development of ammonia engines for ammonia dual-fueled vessels. Said to mark a historical milestone as the first of it
Japanese industry majors Japan Petroleum Exploration Co. (JAPEX), JGC Holdings Corporation (JGC HD), Kawasaki Kisen Kaisha (K LINE), and JFE Steel Corporation have joined hands to embark on a collaborative evaluation with the goal of establishing a carbon capture and storage (CCS) value chain rooted
Subsea 7’s offer to acquire the entire issued share capital of Norway’s DOF Group is expiring at the end of today, 19 June, after the rejection from DOF’s board. Subsea 7 made a proposal on 15 June to the Board of Directors of DOF to acquire the entire issued share capital of the group, offering [&h
Hydrogen fuel cell supplier PowerCell Group and methanol-to-hydrogen technology firm e1 Marine, in partnership with RIX Industries, have conducted a string test of their respective technologies for a 200kW propulsion chain as part of the validation of Maritime Partners LLC’s M/V Hydrogen One inland
Hydro Tasmania and Bell Bay Powerfuels have signed a term sheet for the sale of the decommissioned Bell Bay Power Station following an Expression of Interest process launched by Hydro Tasmania in December 2022. Australian company ABEL Energy said the selection of the site now accelerates the develop
The Global Centre for Maritime Decarbonisation (GCMD) has joined the Clean Energy Marine Hubs (CEM Hubs), an initiative that aims to advance the production, transport and use of low-carbon fuels.
This time last year, the world, especially Europe, was busy as popcorn on a skillet trying to secure energy supplies and balance net-zero targets with the global energy crisis hot on its heels. This prompted governments, policymakers and industry players to transform strategies and ramp up investmen
The European Union (EU) and the Government of Chile have launched two new cooperation actions on renewable hydrogen to contribute to the implementation of the “Team Europe Initiative for the Development of Renewable Hydrogen in Chile”. The initiative is a joint effort of the EU and its Member States
Knutsen NYK Carbon Carriers AS (KNCC) has signed a Memorandum of Understanding (MoU) with Pilot Energy Limited, an Australian oil and gas company that is pursuing to leverage its existing infrastructure to develop clean energy projects, to collaborate on an integrated solution for marine transportat
SolarDuck has signed a letter of intent with subsidiaries of Tenaga Nasional Berhad (TNB), the largest utility in Malyasia, to develop a 780kW offshore floating solar plant off the coast of Tioaman island.
