Austria
Palfinger to equip another Prysmian cable layer with major package
Palfinger Marine has secured a contract to supply a major equipment package for Prysmian’s new cable-laying vessel (CLV) currently under construction, marking the third cable-layer owned by the Italian cabling giant to sport Palfinger equipment. Following previous orders to equip the Leonardo da Vin
OMV steps up its methane reduction game by joining UN program for curbing such emissions
OMV is the latest in the long line of oil and gas players that have thrown their support behind the Oil & Gas Methane Partnership (OGMP 2.0).
HydrogenPro secures $7.6 million investment from Andritz
HydrogenPro has acquired NOK 82.7 million ($7.603 million) in new equity through a private placement of new shares towards Andritz.
EU backs project to advance wave energy with €4 million grant
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
Eight countries take steps to erase fossil fuels from EU’s power system as ‘ground-breaking’ new law comes to light
Eight European countries – Austria, Belgium, France, Germany, Luxembourg, the Netherlands, Switzerland, and Lithuania – have made commitments that put them en route to fossil-free power by 2035.
Andritz orders 18 electrolyzers from HydrogenPro
Technology company and an OEM for high-pressure alkaline electrolyzers HydrogenPro and technology group Andritz have signed a purchase contract for the delivery of 18 units of HydrogenPro’s 5.5 MW cell stacks with a total capacity of 100 MW. The firm purchase order follows a stock exchange notice da
BP and OMV ink long-term LNG supply agreement
UK-headquartered energy major BP and Austria’s integrated oil and gas company OMV have signed a long-term sale and purchase agreement (SPA) for the supply of up to 1 million tonnes of LNG per year. Under the agreement, BP will provide OMV with LNG starting in 2026. LNG will be sourced from BP’s glob
OMV CEO staying put for two more years
OMV has reappointed its current Chairman of the Executive Board and Chief Executive Officer (CEO), extending its stay in this role.
Borealis and IINO Lines ink charter deal for dual-fuel, wind-assisted VLGC
Austrian chemical company Borealis and Japanese shipping company IINO Kaiun Kaisha, Ltd. (IINO Lines) have signed a charter agreement for a dual-fuel liquefied petroleum gas (LPG) vessel, Oceanus Aurora.
In focus: Energy security in Europe – New links to strengthen the chain
Ever since the first days of the Russia-Ukraine war, energy security has been one of the top global concerns and – with gas supply issues still high on the agenda and another winter coming, accompanied by recent warnings from the Dutch intelligence and NATO on potential dangers to the offshore energ
BayWa r.e. inaugurates largest floating solar plant in Central Europe
German renewable energy company BayWa r.e. has officially inaugurated the Grafenwörth floating solar plant, the largest of its kind in Austria and Central Europe. The company revealed this milestone in a brief social media update on 17 May. The project was built earlier this year by BayWa r.e.’s Aus
Italy, Austria and Germany back hydrogen-ready pipeline connecting North Africa to Central Europe
Southern hydrogen corridor or SoutH2 Corridor, a hydrogen-ready pipeline corridor connecting North Africa to central Europe, has received support from Italian, Austrian and German ministries of energy for its development in the European Union and for the respective infrastructure projects to obtain