US-based FuelCell Energy and Malaysia Marine and Heavy Engineering (MMHE), a wholly-owned subsidiary of Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), have signed a Memorandum of Understanding (MoU) to collaborate on the development of large-scale electrolyzer facilities in Asia, New Z
Belgian tanker shipping major Euronav has teamed up with Toqua, a compatriot tech startup focusing on decarbonizing shipping using AI to reduce emissions and improve fuel efficiency. The collaboration began in 2020 when Euronav and Toqua explored how sensor data could improve ship performance models
Europes’s increased need for liquefied natural gas (LNG) will likely intensify competition with Asia for limited new supply available over the next two years and may dominate LNG trade over the long term, energy major Shell stated in its LNG Outlook 2023. It is reported that European countries, incl
The Norwegian Petroleum Directorate (NPD) has granted Equinor consent for the extended use of the subsea facility on the Mikkel field in the Norwegian Sea for another five years. Mikkel lies on the Halten Bank, 35 kilometers south of the Midgard deposit in the Åsgard license. It produces through the
Asso.subsea has completed the installation of the 150 kV submarine cable system which will connect a 330 MW onshore wind farm on the Greek island Evia to the country’s mainland grid. The company announced on 16 February the completion of the submarine export cable installation and protection for the
EU-backed Forward Looking at the Offshore Renewables (FLORES) project has been officially launched to develop tools and activities to foster the development of skills in the offshore renewable energy sector.
Japan’s oil and gas producer Inpex has secured two offshore hydrocarbon exploration licenses in Malaysia’s latest bid round. Inpex reported on 15 February that it had executed production sharing contracts (PSC) with Petroliam Nasional Berhad (Petronas), Petronas Carigali Sdn. Bhd. (PCSB) and Petrole
Singapore-based ship management company Eastern Pacific Shipping (EPS) has completed the installation of Value Maritime’s (VM) Filtree system onboard its managed vessel M/T Pacific Cobalt in Rotterdam, the Netherlands. The Filtree system, which filters sulphur and 99% of particulate matter, include
Japanese energy major JERA has signed a Memorandum of Understanding (MOU) with Abu Dhabi National Energy Company (TAQA) that will see them explore opportunities to work together to develop projects in the area of decarbonisation. The partnership follows JERA’s efforts to develop business in the Midd
Brooklyn-based technology startup Amogy has signed a letter of intent and a lease with Sustainable Energy Catapult Center to kick-start testing operations for its 200kW ammonia-to-power platform in Norway. The operations will take place at Amogy’s recently launched testing facility for new and susta
Dry bulk shipping company Golden Ocean Group Limited (GOGL) has purchased three scrubbers that will be installed on three of its Capesize vessels due for drydock in 2023. The company assigned $1.2 million for the purchase, excluding installation costs. Scrubbers, also known as exhaust gas cleaning s
UK-based Capricorn Energy has dropped the previously announced merger agreement with Israel’s NewMed Energy, following board changes.
Africa has the potential to become a leading force in seafarer training and could secure many of the new green jobs being created as the global shipping industry moves towards low- and zero-carbon fuels, according to delegates at the Green Shipping Conference held in Accra. The conference is being h
Rystad Energy, an energy intelligence group, predicts that fossil fuel emissions will peak within two years prior to fitting into the pattern of steady decline.
