U.S.-based LNG company Excelerate Energy and the Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) have signed an LNG sale and purchase agreement (SPA) under which Petrobangla agreed to purchase 0.85 to 1 million tons per annum (MTPA) of LNG from Excelerate for a term of 15 years beginning Jan
Swedish electrofuel developer Liquid Wind, through its partnership with Alfa Laval, Carbon Clean, Siemens Energy, and Topsoe, has revealed plans for developing and marketing ten additional eMethanol facilities in the Nordics by 2027. The newly-announced plans build on the partnership that was initia
Finnish conglomerate Aspo has attracted a new investor for ESL Shipping to accelerate the green transition of its shipping subsidiary.
Classification society American Bureau of Shipping (ABS) has given approval in principle (AIP) for a next-generation FPSO hull design concept. The AIP was granted for the Sterling Streamline next-generation concept design for large FPSO newbuild hulls from Shapoorji Pallonji Energy (SPE). The design
NAVTOR, a Norway-based e-navigation and performance technology provider to the maritime industry, and Voyager Worldwide, a Singapore-headquartered provider of maritime technology solutions, have agreed to merge in an industry combination.
Brazilian mining giant Vale has decided to install five rotor sails from Anemoi Marine Technologies, the UK-based supplier of wind-assisted propulsion technology, onboard a 400,000 dwt Valemax.
Njord and Greenheart, a subsidiary of Hayfin Capital Management, have added an extra vessel to their partnership.
U.S. Plug Power, South Korean SK E&S and K-water as well as SK Plug Hyverse, a joint venture between SK E&S and Plug Power, have signed a memorandum of understanding (MoU) to “promote the growth of green hydrogen and rejuvenate the industry.” Specifically, the companies will collaborate on advancing
The U.S. Department of Energy (DOE) has unveiled the winners of the first round of the Innovating Distributed Embedded Energy Prize (InDEEP), that will share $285,000 in cash prizes to further advance their novel wave energy concepts.
Finland-based fuel supply systems provider Auramarine has entered into a representative agreement with the Dutch company THB Verhoef, a Dutch company specializing in the purchase and sale of diesel and gas engine components.
The FAB interconnector that will link Great Britain and France has received updated planning permission for its converter station in the UK. The FAB Project will link the national electricity grids of Great Britain and France with the aim of increasing energy security, equalising electricity prices
Marine Energy Wales and Renewable UK Cymru have signed a memorandum of understanding, outlining their commitment to work together to accelerate the clean transition in Wales.
Weatherford International has joined forces with Honeywell to deliver a combined suite of tools for advanced emissions management to accelerate their customers’ decarbonization strategy.
Denmark-headquartered cable supplier NKT has reported a new record high-voltage order backlog of €11 billion for the third quarter of 2023, driven by the award of five firm projects under a larger framework agreement with German transmission system operator 50Hertz. In Q3 2023, NKT’s revenues increa
