U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured an investment of up to $50 million to establish an autonomous robotics manufacturing and offshore services hub in the UAE. Nauticus Robotics has signed an agreement for a strategic investment of up t
Singapore-headquartered owner and operator of crude and product tankers AET is set to enrich its fleet with its first-ever hybrid-electric, ethanol-ready tanker, set to be built in China. AET placed the order for its first hybrid-electric dynamic positioning shuttle tanker (DPST) with Dalian Shipbui
United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC) has joined forces with RWE Supply & Trading (RWE) to look into new opportunities for liquefied natural gas (LNG) supply to Germany and European markets, building on the Middle Eastern player’s existing LNG s
Italy’s maritime transportation group Fratelli Cosulich has launched the first unit in its four-ship methanol-powered IMO II chemical bunker tanker series, under construction in China. The vessel named Anna Cosulich was launched on February 4 at the Taizhou Maple Leaf Shipyard in China, with Giovann
Norway-headquartered Kongsberg Maritime has secured a contract to design and equip four methanol/ethanol-ready handy-size product tankers that will be operated by Brazil’s oil & gas transportation company Petrobras Transporte (Transpetro). Kongsberg Maritime secured the NOK 300 million (about €26.25
Switzerland-based StreamTec Solutions has joined Worley in the execution team for an offshore pipeline that will connect green hydrogen obtained in the North Sea with the European mainland and onshore hydrogen infrastructure. The gigawatt-scale AquaDuctus hydrogen pipeline to be located in the Germa
Four North Sea gas production wells have officially been converted to CO2 injection wells as part of the Port of Rotterdam CO2 Transport Hub and Offshore Storage (Porthos) project in the Netherlands, marking their readiness for CO2 injection, expected in autumn. This first large-scale CO2 transport
The Hong Kong and China Gas Company Limited (Towngas), Sinopec (Hong Kong) and Sinopec Star Company have signed a memorandum of understanding (MoU) to establish a strategic partnership to collaborate on clean energy solutions, including hydrogen and green fuels, among other things. The tripartite pa
Scotland-headquartered offshore drilling contractor Stena Drilling has received DNV’s Abate (P+) notation for one of its drillships, underscoring the rig owner’s efforts to cut greenhouse gas (GHG) emissions across its operations.
Both onshore and offshore enabling works have commenced for the development of the 2 GW Spittal to Peterhead subsea cable link project in Scotland, which will support national clean power and energy security ambitions. The 203-kilometer high-voltage direct current (HVDC) link will connect the Bannis
The Danish Energy Agency has received two final bids for the DKK 28.7 billion (around €3.84 billion) fund for carbon capture and storage (CCS) aimed at helping the country reach its climate goals. Sixteen projects applied to be prequalified for this third CCS pool, of which ten were prequalified in
Danish wave energy firm Wavepiston has signed a memorandum of understanding (MoU) with Export Barbados (BIDC), an agency of the Barbados Government, as part of its journey towards commercial wave energy deployment in the Caribbean. Under the acronym WEB (Wave Energy in Barbados), Wavepiston and Expo
With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission cuts by combining low-
ACWA Power, a Saudi Arabian developer, investor and operator of power generation, water desalination, and green hydrogen plants, has signed 27 memorandums of understanding (MoUs) at a recent three-day event to advance green hydrogen, desalination technologies, energy storage systems, and industrial
