Carbon-Zero US, Cox Operating, Crescent Midstream and Repsol have established a partnership to develop one of the largest offshore hubs for permanent storage of carbon dioxide in the Gulf of Mexico area.
LNG has been described as a transitional fuel for the shipping industry for years now, and a practical solution for shipowners who want to act now on their emissions and not wait on the side-lines. Nevertheless, as of recently, we are also seeing that LNG is becoming a fuel in transition as owners s
Swedish company Waves4Power has opened an equity funding round, looking to secure $25 million, that will support its efforts to unlock opportunities for wave energy developments across the globe.
U.S.-based Vision Energy, through its wholly-owned subsidiary Evolution Terminals BV, says to be on track to file the detailed environmental impact assessment for its energy project in the North Sea Port of Vlissingen, the Netherlands before January 31, 2023. Namely, Evolution Terminals is in advanc
ENGIE, Shell, Vopak and Anthony Veder have agreed to develop a green hydrogen logistic maritime corridor connecting the ports of Sines in Portugal and Rotterdam in the Netherlands. The project named H2Sines.RDAM aims to produce green hydrogen on a unit located in Sines, convert it to liquefied hydro
Brazilian oil and gas company Petrobras has put into operation its new floating, production, storage and offloading (FPSO) vessel P-71, ahead of the expected start of production in 2023. The P-71 platform vessel started production on Wednesday, 21 December. It is installed in the Itapu field in the
OMV Norge and its partners have submitted the plan for development and operation (PDO) for the Berling gas field, previously known as Iris Hades, to Norway’s Ministry of Petroleum and Energy. The Berling field, which stretches across three licenses with aligned ownership interests (PL644, PL644B and
European Commission (EC) has granted approval for Germany’s aid measures to recapitalise energy companies Securing Energy for Europe (SEFE), previously known as Gazprom Germania GmbH, and Uniper in the context of Russia’s war against Ukraine. On 19 December, Uniper and the German Federal Government
Abu Dhabi National Oil Company (ADNOC) is acquiring a 24.9 per cent shareholding in Austrian oil and gas company OMV from Mubadala Investment Company. Österreichische Beteiligungs AG (ÖBAG), an Austrian independent holding company, holds 31.5 per cent, with the remaining share capital in free float.
Norwegian energy player Equinor and its partners in the Snøhvit project have revealed plans to invest NOK 13.2 billion (around $1.3 billion) in upgrading the Hammerfest LNG (HLNG) plant at Melkøya with onshore gas compression and electrification. On 20 December, Equinor submitted a plan for developm
Swedish green electrofuels developer Liquid Wind has informed that its partner, Danish offshore wind developer Ørsted, will acquire full ownership of the FlagshipONE project, the largest green electrofuel facility in Europe that has reached a final investment decision (FID). The project was develope
European energy ministers have reached a political agreement under which the price of natural gas in the European Union will be capped in case it reaches excessive levels that do not reflect world market prices. The mechanism will be automatically activated in case the month-ahead price on the Title
Norwegian company Ocean Sun has received a grant from the Research Council of Norway to further develop its floating solar technology.
The governments of Norway and France have signed a letter of intent (LoI) to cooperate on the development and deployment of carbon capture and storage (CCS). The aim of the agreement is to promote the development of CCS by creating a framework for cooperation between the two countries to facilitate
