Search results for: BASF

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  • Emerson invests in Frugal Technologies to cut fuel consumption in shipping

    22 November 2023
    Business & Finance, Business Developments & Projects, Infrastructure, IT & Software

    The US-based global automation technology company Emerson has made a strategic investment in Frugal Technologies, a Danish company offering fuel optimization technologies.

  • Rovco and Vaarst to bring on board over 150 subsea roles by end of 2025

    10 May 2024
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst are planning to recruit over 150 specialist subsea roles across their offices by the end of 2025. Rovco unveiled its intention to recruit over 100 new roles across its Aberdeen and Edinburgh offices by the end of 2025 to support its “explosive growth” and the deployment […]

  • Ulstein unveils new subsea vessel

    15 March 2024
    Business & Finance, Business Developments & Projects, Innovation, Market Outlooks, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian shipbuilder and ship designer Ulstein has developed a new subsea vessel for floating and fixed installations in the offshore wind market, as well as for offshore oil & gas. Ulstein said that the SX232 is based on three core principles, including an optimized hull design based on the Ulstein Twin X-Stern, a smart power and propulsion […]

  • RVO opens geotechnical investigation tender for Doordewind offshore wind zone

    11 April 2024
    Project & Tenders

    The Netherlands Enterprise Agency (RVO) has launched a tender for geotechnical investigations at the Doordewind zone, one of the three new areas the Dutch Government designated in 2022 as part of the plan to add more offshore wind capacity. Valued at a total of more than €42 million, the contract will be awarded for offshore geotechnical investigations […]

  • NFE welcomes Energos Celsius FSRU for work at Barcarena LNG terminal

    22 December 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy

    Singapore’s Seatrium has delivered the floating storage and regasification unit (FSRU) Energos Celsius to U.S. energy infrastructure company New Fortress Energy (NFE) for deployment at NFE’s completed LNG terminal in Barcarena, Brazil. This is Seatrium’s fourth FSRU project for Brazil, for which the company said is “a testament to our commitment in supporting the development […]

  • VIDEO: Oscilla Power installs scaled wave energy converter in Maine

    16 April 2024
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Technology

    US-based wave energy technology developer, Oscilla Power, has published a video of the installation of its 1:6 scale prototype of the 1 MW Triton off the U.S. East Coast in December last year.

  • Seven European partners gather to develop decision support tool for offshore renewables

    27 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Outlook & Strategy, Technology

    Seven European partners have teamed up for a project that will see the development of a satellite-based decision support tool to accelerate offshore renewable energy deployments. For upscaling offshore renewables, BLUE-X is set to deliver key data helpful for all five steps of the blue energy lifecycle: site assessment, planning, construction, operations, and decommissioning.  The […]

  • NextDecade enters $62.5M credit deal as work on Rio Grande LNG progresses

    9 January 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Research & Development

    NextDecade LNG, a wholly owned subsidiary of U.S.-based energy company NextDecade, has made a credit agreement with MUFG Bank, as lender and administrative agent that provides for a $50 million senior secured revolving credit facility and a $12.5 million interest term loan to be utilized, among other things, for development costs related to Train 4 […]

  • International offshore rig count activity gets a boost in January

    6 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Baker Hughes’ rig count report shows that more than one rig joined the working international offshore fleet in January 2024.

  • IHI and Yara forge clean ammonia ties

    26 March 2024
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Research & Development

    IHI Corporation and Yara Clean Ammonia have concluded an MoU to jointly assess potential collaboration in the clean ammonia value chain.

  • JERA and Yamanashi Prefecture to build regional hydrogen value chain

    23 November 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy, Research & Development

    Japan’s energy major JERA and Yamanashi Prefecture have agreed to jointly promote building a regional hydrogen value chain that achieves a stable, cost-effective production and supply of both carbon-free power and hydrogen-based fuel by combining their respective strengths, Yamanashi Prefecture’s power-to-gas (P2G) system-based regional energy model and JERA’s global green hydrogen value chain. According to […]

  • EverLoNG wraps up first carbon capture demo onboard LNG carrier

    21 February 2024
    Business Developments & Projects, Carbon Capture Usage & Storage, Equipment, Green Marine, Infrastructure, Research & Development, Technology, Vessels

    A ship-based carbon capture (SBCC) prototype developed under the EverLoNG project has been removed from an LNG-powered LNG carrier chartered by TotalEnergies following the end of the first demonstration campaign. The carbon capture unit, built by Carbotreat in the Netherlands, was installed onboard Seapeak Arwa in September 2023 as part of a project led by the Dutch research […]

  • Evergreen joins forces with CIP to explore hydrogen-based shipping fuels

    20 October 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition

    Taiwanese container shipping major Evergreen has teamed up with Copenhagen Infrastructure Partners (CIP), the world’s largest fund manager within greenfield renewable energy, for collaboration on hydrogen-based marine fuels. To this end, Evergreen and CIP, on behalf of its Energy Transition Fund, have signed a memorandum of understanding (MoU) under which they will jointly explore the production […]

  • Zero Emission Port Alliance launched at COP28

    5 December 2023
    Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    The Netherlands-based terminal operator APM Terminals and the UAE-based port developer and operator DP World have formed the Zero Emission Port Alliance (ZEPA), an industry-wide strategic coalition aiming to accelerate the journey to zero emissions for container handling equipment (CHE) at ports.

  • Rio Tinto hires Njord for two-ship green retrofit project

    22 February 2024
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Vessels

    Njord, a Denmark-based green technology business founded by Maersk Tankers, is partnering with Rio Tinto, a British-Australian mining group and one of the world’s largest dry-bulk shippers, to cut fuel consumption and emissions.

  • Yara Marine Technologies has a new owner

    2 February 2024
    Business & Finance, Business Developments & Projects

    Norway-based technology company Yara Marine Technologies (YMT) has been acquired by Switzerland-based Okapi Supply Trading Advisory SA (formerly Sarl) to expand its maritime solutions portfolio.

  • Aker BP returns to Vissim for upgraded oil spill detection solution

    5 January 2024
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, IT & Software, Operations & Maintenance, Outlook & Strategy

    Aker BP has teamed up with technology provider Vissim to adopt an upgraded oil spill detection solution across its key offshore installations.  Set to be installed at Aker BP’s major facilities, including Valhall, Ula, Edvard Grieg, Ivar Aasen, Alvheim, and Skarv, this upgraded, radar-based oil spill detection system utilizes upgraded image processing technology that is […]

  • Project developing new floating structures for offshore renewables gets €2.5M grant

    20 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Transition, Vision

    The WECHULL+ project has received a €2.5 million grant to develop new floating structures of high-performance concrete expected to reduce cost and CO2 footprint and improve circularity and reliability in the offshore renewable energy sector. The WECHULL+ project received the grant from the EU Clean Energy Transition Partnership (CETP) program to develop novel floating structures based […]

  • POSCO and ADNOC forge clean hydrogen ties

    21 February 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders, Research & Development

    South Korean POSCO Holdings, its subsidiary POSCO International and UAE’s Abu Dhabi National Oil Company (ADNOC) have signed a strategic cooperation agreement (SCA) for a joint investigation of clean hydrogen production business. According to the agreement, the three parties will jointly propel the production and supply of hydrogen using LNG and the CCS business, which […]

  • TechnipFMC orders buoyancy modules for Equinor’s giant UK oil & gas field

    18 April 2024
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders, Technology

    Balmoral Group company Balmoral Comtec has won a multi-million-pound contract with TechnipFMC to provide more than 600 buoyancy modules for Equinor’s UK oil & gas field.

  • Kawasaki to issue transition bonds, hydrogen projects to benefit

    16 January 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Japan’s Kawasaki Heavy Industries is set to issue transition bonds, with funds raised through public offerings of these bonds domestically within Japan to be used for projects related to the clean transport and storage of hydrogen and clean energy utilization of hydrogen. Specific solutions include liquefied hydrogen carriers, liquefied hydrogen storage tanks and hydrogen gas […]

  • Seaspan launches first LNG bunker vessel at CIMC SOE

    8 January 2024
    Vessels

    Canadian shipowner Seaspan Energy has launched its first of three 7600 cbm LNG bunkering vessels, Seaspan Garibaldi.

  • International offshore rig count two units down in February

    13 March 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Baker Hughes’ rig count report shows that two rigs left the working international offshore fleet in February 2024.

  • World’s biggest EV maker BYD takes delivery of first car carrier

    16 January 2024
    Authorities & Government, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    BYD, a China-based electric vehicle (EV) manufacturer that overtook Tesla as the world’s biggest EV seller in 2023, has taken delivery of its first car carrier which is dual-fueled.

  • Scorpio Tankers picks FOWE fuel emulsion systems for 100+ vessels

    23 February 2024
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Technology, Vessels

    Monaco-based shipping company Scorpio Tankers has signed a non-binding Memorandum of Understanding to install the Fowe Eco Solutions (FOWE) fuel emulsion systems across its entire fleet of over 100 vessels.