Japanese energy company JERA has signed an agreement with the Association for Overseas Technical Cooperation and Sustainable Partnerships (AOTS) for system design and other support related to the adoption of LNG in the Philippines. The agreement follows the selection of JERA as the contracted party
The US-based ammonia power solutions company Amogy and Japan’s Mitsubishi Corporation have teamed up to accelerate the adoption of Amogy’s ammonia-to-power and ammonia cracking technology in large-scale hydrogen carrier applications in East Asia, particularly Japan and South Korea. In collaboration
More than half of new vessels currently being built for Danish shipping companies will be able to sail on green fuels, trade and employer association Danish Shipping said.
The European Union has awarded a €4 million grant to a project aimed at harnessing the untapped potential of wave energy. The SHY Project (Seawater HYdraulic PTO using dynamic passive controller for wave energy converters), a collaborative initiative dedicated to advancing wave energy, received the
U.S.-based tanker owner Overseas Shipholding Group (OSG) has obtained a $400,000 grant from the United States Department of Energy (DOE) to study the development of its proposed Tampa Regional Intermodal Carbon Hub (T-RICH). The study is intended to evaluate the commercial feasibility of developing
Reusing existing pipelines for offshore hydrogen is the best solution that can be used, however, this does come with certain challenges, according to Bart Steuten, Product Development Manager at Strohm, Dutch thermoplastic composite pipe (TCP) producer. During Strohm’s presentation at The Stage at t
Equinor has signed an agreement with State Oil Company of Azerbaijan Republic (SOCAR) to divest all its remaining assets in Azerbaijan where it has been present since 1992. The assets comprise a 7.27% non-operated interest in the Azeri Chirag Gunashli (ACG) oil fields in the Azerbaijan sector of the
After its recently announced pivot towards the LNG shipping sector, New York-listed shipowner Capital Product Partners L.P. has closed the umbrella agreement initiated last November, paving the way for the acquisition of 11 newbuild liquefied natural gas carrier vessels. As reported by Offshore Ener
Despite the challenges that defined this year, the maritime industry may be closing the chapter on 2023 with a sense of optimism. Namely, BIMCO’s recent analysis provides a beacon of hope, suggesting that the International Maritime Organization’s (IMO) ambitious goal of achieving 5% zero or near-zer
Harbour Energy has the wheels into motion to acquire all of Wintershall Dea’s assets, aside from the ones in Russia, for $11.2 billion.
In order to supply decarbonized hydrogen to its long-term customers, Air Liquide has decided to build, own, and operate a carbon capture unit that will be installed at its hydrogen production plant in the port of Rotterdam and will be connected to Porthos, one of Europe’s largest carbon capture and
During the session on stage at this year’s Offshore Energy Exhibition & Conference (OEEC) in Amsterdam, the Netherlands, Dutch Marine Energy Center (DMEC) emphasized that a combination of offshore renewable energy sources, storage methods and nature-inclusive design is needed to build a solid energy
Canadian shipping company Canada Steam Ship Lines (CSL) has entered into a 20-year strategic partnership with Adelaide Brighton Cement Ltd. (Adbri) to build and operate what has been described as the ‘world’s first fully electric battery-capable self-unloading vessel’. The custom-designed ship is in
Dutch-Norwegian company SolarDuck has secured €15 million in funding for the further development and deployment of offshore floating solar power technology. According to SolarDuck, this funding sets the company on a path of continued growth, to deliver its first commercial projects and increase its
