Search results for: flagshipone

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  • Fluxys gauging market interest in hydrogen and derivatives at Zeebrugge terminal

    24 November 2023
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Research & Development

    Belgian energy infrastructure group Fluxys and its subsidiary Fluxys LNG have opened a call for market interest regarding the expansion and reshaping of the terminal in Zeebrugge for the import of hydrogen and hydrogen derivatives. The call was launched on November 22, 2023, and will run until February 16, 2024. The aim is to look […]

  • CorPower Ocean joins EIC Scaling Club’s community

    29 March 2024
    Business & Finance, Business Developments & Projects, Collaboration, Human Capital, Market Outlooks, Outlook & Strategy, Vision

    Swedish company CorPower Ocean has been chosen to join the EIC Scaling Club, an EU-backed community of 100+ European high-growth deep-tech champions and their partners. Supported by the European Innovation Council, a flagship program of the European Commission with a budget exceeding €10 billion, the EIC Scaling Club aims to increase the value of chosen […]

  • Nova Innovation secures €20M from EU for 4MW tidal energy project

    29 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    Nova Innovation has won EU funding for a 4MW tidal energy farm that will be home to the largest number of tidal turbines anywhere in the world.

  • Equinor’s H2M Eemshaven project to reform natural gas to hydrogen with CCS

    8 January 2024
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Research & Development, Transition

    Norwegian energy major Equinor and global industrial gases and engineering company Linde have signed a project development agreement to work as partners on the H2M Eemshaven low-carbon hydrogen project in the Netherlands. Equinor’s H2M Eemshaven project aims to build a production facility in the Eemshaven industrial area, where it will reform natural gas from the […]

  • Clean Hydrogen Partnership issues €113.5M call for hydrogen projects

    18 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    Clean Hydrogen Partnership has launched a new hydrogen research call for proposals where a total of €113.5 million will be made available through Horizon Europe for projects to cover R&I activities across the whole hydrogen value chain. Furthermore, an additional €60 million, coming from the RePowerEU plan budget, will be used to support different activities […]

  • Fortescue secures €200 million EU funding for green ammonia project in Norway

    19 December 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Research & Development

    Australia-based green energy, technology, and metals company Fortescue has been awarded a grant of €203,7 million by the European Union for its flagship green ammonia plant in Norway, the Holmaneset Project. The EU investment in Fortescue’s project is part of the Innovation Fund, one of the world’s largest funding programs for the demonstration and commercialization […]

  • Everfuel: HySynergy 1 on track for start-up in first quarter of 2024

    23 November 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Danish green hydrogen company Everfuel is progressing with work to start up its flagship project HySynergy 1 in the first quarter of 2024 and implement a realigned strategy focused on scaling green hydrogen production. On November 22, the company published its third quarter 2023 financial results, stating that HySynergy 1 is progressing according to an […]

  • Cepsa selects electrolyzer supplier for its green hydrogen plant in Spain

    13 May 2024
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Cepsa has chosen thyssenkrupp nucera as the preferred supplier of a 300-megawatt (MW) electrolyzer for the company’s green hydrogen plant in Huelva, Spain.

  • Project to develop world’s largest offshore floating solar power plant takes off

    4 March 2024
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Project & Tenders, Research & Development

    The consortium behind the Nautical SUNRISE project has started work to develop the world’s largest offshore floating solar power installation. The €8.4 million project, supported by €6.8 million of the Horizon Europe program, started in December 2023 to execute research and development on offshore floating solar (OFS) systems and its components. The outcomes of the […]

  • ‘World’s first’ large green methanol-enabled boxship visits Dubai (Gallery)

    9 May 2024
    Ports & Logistics, Vessels

    A.P. Moller – Maersk’s first large vessel that can run on green methanol has arrived in Dubai, UAE for the first time and was welcomed by DP World at Jebel Ali.

  • New maritime community to work on reducing GHG emissions from RoRo ships

    8 May 2024
    Collaboration, Transition

    The Global RoRo Community, which aims to standardize the calculation of greenhouse gas (GHG) emissions from roll-on/roll-off (RoRo) vessels such as car carriers, was established during Smart Freight Week in Amsterdam, the Netherlands.

  • First oil gushes out of ONGC’s deepwater development

    8 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    India’s ONGC has achieved the first oil from a deepwater block off the coast of the Bay of Bengal, which is said to be the largest bay water region in the world.

  • AG&P LNG buys into fully constructed Vietnamese LNG terminal

    8 March 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy

    AG&P LNG, a subsidiary of Nebula Energy and developer of LNG terminals and downstream infrastructure, has purchased a 49% stake in Cai Mep LNG terminal located in Vũng Tàu district in South Vietnam. Fully constructed, the terminal was developed by Hai Linh Company, a petroleum product import terminal and trader in Vietnam. The Cai Mep LNG […]

  • ICTSI commits to net zero GHG emissions by 2050

    12 January 2024
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    International Container Terminal Services (ICTSI), a port management company based in Manila, the Philippines, is taking a significant step towards a more sustainable future by committing to achieve net zero greenhouse gas (GHG) emissions for its Scope 1 and 2 emissions by 2050.

  • SSEN Transmission renews partnership with BAM and Siemens Energy

    14 March 2024
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy

    SSEN Transmission has renewed its partnership with BAM and Siemens Energy regarding the delivery of onshore transmission infrastructure schemes. BAM and Siemens Energy will support SSEN Transmission in delivering onshore transmission infrastructure schemes, working to help deliver the substations that are required to connect the transmission network in north Scotland by 2030. The partners signed a […]

  • SWITCH Maritime raises $10 million to grow hydrogen and electric ferry fleet

    20 November 2023
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Vessels

    SWITCH Maritime, a US-based company developing zero-emission hydrogen and battery-powered ferries, has raised $10 million in a Series A round led by low-carbon investor Nexus Development Capital to expand its fleet. SWITCH Maritime was founded in 2018 with an aim to enable private and public municipal ferry operators to more easily replace their carbon-intensive, diesel-powered […]

  • Bekaert to perform mooring solution analysis for world’s largest offshore floating solar project

    16 April 2024
    Business Developments & Projects, Collaboration, Equipment, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Technology

    The results of this project will pave the way for large-scale deployment and commercialization of offshore floating solar systems, whether on their own or as part of offshore wind farms.

  • EET Hydrogen, UK Government enter final talks on Ellesmere hydrogen plant

    9 February 2024
    Authorities & Government, Business Developments & Projects, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation

    Essar Group’s EET Hydrogen, formerly Vertex Hydrogen, has signed a statement of principles with the UK Government’s Department for Energy Security and Net Zero for its flagship HPP1 low-carbon hydrogen plant in Ellesmere, entering final negotiations concerning the project, with a final decision expected later this year. The signing of the statement of principles marks […]

  • QatarEnergy chooses Nakilat to own and operate up to 25 newbuild LNG carriers

    12 February 2024
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    As part of the second phase of its massive LNG fleet expansion project, QatarEnergy has selected Qatar Gas Transport Company (Nakilat) to own and operate up to 25 conventional-size LNG carriers pursuant to time charter parties (TCP) to be entered into by affiliates of the two companies. QatarEnergy announced its decision on February 10 stating […]

  • Second tranche of investment in for Nauticus Robotics to execute 2024 goals

    7 February 2024
    Business & Finance, Business Developments & Projects, Innovation, IT & Software, Market Outlooks, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured over $12 million in funding, part of a second tranche of investment, to execute 2024 goals, including augmented autonomy for subsea robots. Nauticus Robotics secured the first tranche of financing before the close of 2023, said to have eliminated many of the dilutive warrants […]

  • Hellmann cuts CO2 footprint with HMM’s Green Sailing Service

    4 March 2024
    Collaboration, Outlook & Strategy

    South Korea’s national flagship carrier HMM has forged a strategic partnership with Germany’s transport and logistics company Hellmann Worldwide Logistics that will see Hellmann becoming an official participant of HMM’s Green Sailing Service.

  • Hy24’s Clean Hydrogen Equipment Fund wins Dutch bank’s support

    11 December 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Dutch bank ABN AMRO is investing in the Clean Hydrogen Equipment Fund, managed by Hy24, a clean hydrogen investment fund committed to scaling up the global hydrogen economy. This is said to be the second climate-related fund investment taken on by ABN AMRO Corporate Investments and fits with the bank’s climate strategy announced at the […]

  • New renewable hydrogen facility in Brazil receives $30 million boost

    9 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation

    Green Energy Park (GEP) Global has signed a definitive agreement for $30 million Series-A funding and obtained the long-term rights to the hydrogen port terminal facilities in Luis Correia, Brazil, marking a milestone on its journey to build a large hydrogen and hydrogen derivatives production plant in the country.

  • ‘World’s largest tidal scheme’ takes next step toward realization

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

    Liverpool City Region’s Mayor has presented the UK’s “first of a kind” barrage scheme between Wirral and Liverpool for the city region’s flagship Mersey Tidal Power project. Said to have the potential to become the “world’s largest” tidal scheme, the Mersey Tidal Power project would potentially create thousands of local jobs, bringing economic and resilience […]

  • ABB to deliver shore connection solution for Portsmouth Port’s Sea Change project

    29 February 2024
    Equipment, Ports & Logistics

    ABB has won an order with Portsmouth International Port to supply a shore connection solution for visiting ferries and cruise ships as part of the UK port’s Sea Change project.