Energy services provider Petrofac has won its first new energy-focused project in Chile, supporting Transitional Energy Group (TEG), a privately-owned group of companies, on their Gente Grande green ammonia project. Petrofac will support TGE as the owner’s engineer on the project located at a coasta
DEME has taken the decision to invest in a new DP fallpipe vessel by purchasing and converting a bulk carrier, as part of its commitment to rejuvenate its fleet for the offshore energy industry. DEME has signed an agreement with Singapore’s Pax Ocean Shipyards and the vessel will enter the yard in l
The agreement on CO2 transport and storage signed in September 2022 between Denmark, Belgium and the region of Flanders has the potential to create a European internal market for maritime transport of CO2, according to Danish Shipping.
Swedish-Israeli wave energy company Eco Wave Power has released financial results for the first half of 2022, marking a significant rise in net financial income due to foreign exchange differences.
Natural gas markets are expected to remain tight well into next year as Russia keeps curtailing natural gas flows to Europe which has pushed international prices to new highs, disrupted trade flows and led to fuel shortages, International Energy Agency (IEA) finds in its latest report. According to
The Netherlands-based terminal operator APM Terminals and Jordan-backed Aqaba Development Cooperation (ADC) have signed a memorandum of understanding for a 15-year extension of their partnership in the Aqaba Container Terminal (ACT), paving the way for making the facility zero emission.
SIMEC Atlantis Energy has decreased the overall financial loss for the first six months of fiscal 2022, despite the results having been adversely impacted by the service outages at the MeyGen tidal energy project.
US engineering company KBR has secured a technology contract for a low-carbon blue ammonia project in the United States being developed by the Dutch producer and distributor of hydrogen products OCI NV. KBR was awarded the deal by an EPC contractor Tecnimont S.p.A. to supply the technology license,
Dutch multimodal operator Samskip is making carbon capture a key part of its integrated plan for decarbonising shipping, after choosing the Value Maritime ‘Filtree’ gas cleaning solution for two of its containerships.
Pavilion Energy, a wholly-owned subsidiary of Temasek, and classification society DNV have jointly developed a fit-for-purpose liquefied natural gas (LNG) bunker digital solution for use in the Port of Singapore. As part of their collaboration to digitalise LNG bunkering in Singapore, Pavilion and D
Hundreds of thousands of seafarers will require some type of new training by 2050 to be able to handle fuels such as ammonia, hydrogen or methanol and a significant number by 2030, initial findings of a massive study commissioned by the International Chamber of Shipping (ICS) show. The research stud
Macquarie Capital has signed a letter of intent to invest in the development of floating solar projects in the Philippines through its portfolio company Blueleaf Energy.
Australia’s liquefied natural gas (LNG) exporters are set to almost triple their financial contribution to the public this financial year, according to new preliminary forecasts compiled by the Australian Petroleum Production & Exploration Association (APPEA). The exporters are forecasted to pay an
Gas transmission from Norway to Poland via Denmark has started through the new Baltic Pipe pipeline, Polish gas transmission system operator GAZ-SYSTEM announced on Saturday, 1 October. The flow started at 6:10 a.m. and nominations as of 1 October totaled 62.4 million kilowatt-hours/day. Baltic Pipe
