UAE’s Abu Dhabi National Oil Company (ADNOC) has signed a long-term heads of agreement with ENN LNG, a wholly-owned subsidiary of ENN Natural Gas, for the delivery of at least 1 million metric tons per annum (mmtpa) of LNG primarily sourced from its low-carbon Ruwais LNG project, currently under dev
Ocean transportation solutions provider Höegh Autoliners and Swiss energy company VARO have formed a strategic partnership focused on the use of biofuels to advance the decarbonization of the maritime sector. The collaboration will see VARO supply Höegh Autoliners with 100% advanced biofuels for dee
Swedish ferry and port operator Stena Line has signed a significant deal with UK port operator Peel Ports Group to operate from Heysham Port for the next 77 years until 2100.
A consortium led by Harim Group, the parent company of bulker operator Pan Ocean, has secured its position as the preferred bidder for the acquisition of South Korean shipping company HMM, Harim confirmed earlier today in a regulatory filing. The consortium, comprising Harim and its private equity p
Subsea7 has secured an extension of the existing frame agreement with UK energy giant BP for subsea construction, inspection, repair and maintenance services (IRM), for assets in the North Sea. Under the terms of the two-year extension to the end of 2025, Subsea7 will provide an IRM, survey and ligh
The European Investment Bank (EIB) has confirmed an additional German contribution to the Green Hydrogen Fund, enabling the fund to broaden its scope and supporting the international ramp-up of the hydrogen economy. The Green Hydrogen Fund, established in 2021 and implemented by EIB, will now provid
Norwegian seismic company PGS has reflagged the entire fleet of owned vessels to Norway, a move said to have the global geopolitical situation as a driving factor. The reflagging of the Ramform Tethys on December 5 marked the completion of the initiative to bring the entire PGS fleet of owned vessel
UK-based shipping company Zodiac Maritime has teamed up with Lloyd’s Register (LR), South Korean shipbuilder HD KSOE and power plant design and engineering company KEPCO E&C in a joint development project for the research and development of nuclear-propelled ship designs. The companies have signed a
Australia’s Port Authority of New South Wales has joined the Blue Visby Consortium, a multilateral platform that aims to reduce international shipping carbon emissions by potentially 15 percent.
With a focus on transforming the Cooper Basin into a decarbonization and low-carbon fuels hub, Australian energy giant Santos has signed multiple agreements with Japanese companies. Following the passage of legislation through the Australian parliament to facilitate the cross-border transfer of CO2,
The first two electric tugs for SAAM Towage’s fleet, built by the Turkish shipyard Sanmar, are ready to sail from the Port of Tuzla to Vancouver, Canada, where they will join the fleet operating in that country. The Chile-based tug provider operates more than 20 tugs along Canada’s west coast at nin
Australia-based green energy, technology, and metals company Fortescue has been awarded a grant of €203,7 million by the European Union for its flagship green ammonia plant in Norway, the Holmaneset Project. The EU investment in Fortescue’s project is part of the Innovation Fund, one of the world’s
French agricultural merchant firm Louis Dreyfus Company (LDC) has entered into a deal with the Spanish developer of wind-assisted bound4blue to fit wind sail technology on a chartered juice vessel MV Atlantic Orchard. Chartered by LDC and owned by Wisby Tankers, MV Atlantic Orchard will be retrofitt
TotalEnergies has joined forces with NNPC to carry out methane detection and measurement campaigns in Nigeria.
