Search results for: invest

50464 results

A list of search results

  • 20 January 2021
    Business & Finance, Business developments & projects

    Ørsted has taken a final investment decision (FID) on the H2RES green hydrogen demonstration project in Denmark and expects first hydrogen production in late 2021. The project, to be built at Avedøre Holme in Copenhagen, will comprise a 2 MW electrolysis plant with appurtenant hydrogen storage, with the production powered by Ørsted’s two Siemens Gamesa […]

  • 18 January 2021
    Business & Finance, Business developments & projects, Exploration & Production

    Oil and gas company OMV Petrom is making an investment of approximately EUR 32 million ($38.6 million) in a new drilling campaign in the Black Sea.

  • 14 January 2021
    Business & Finance, Business developments & projects, Outlook & strategy, Technology

    A new group has acquired the business assets of the Australian tidal energy project and technology company MAKO Tidal Turbines following its voluntary entry into administration late in 2020.

  • 13 January 2021
    Business & Finance, Infrastructure, Ports & Logistics, Project & Tenders

    The Port of Gdansk expects its €1.3 billion infrastructure investments program to be completed in 2021.  The investments focus on the ‘Inner Port’ and ‘Outer Port’ areas and are crucial to the port’s ambition to compete with the deep seaports of Western Europe and grow cargo handling capacity to more than 60 million tonnes within […]

  • 6 January 2021
    Business & Finance, Environment, Infrastructure, Storage, Transition

    Geneva-based commodity trader Trafigura is investing up to €30 million into Belgium’s largest Battery Energy Storage Systems (BESS) at Nyrstar’s zinc smelting facility in Balen. The investment will be the first live project by Nala Renewables, Trafigura’s newly formed joint venture company with IFM Investors. Construction of the Balen BESS project is planned to start […]

  • 31 December 2020
    Business & Finance, Ports & Logistics

    Chilean port operator San Antonio Terminal Internacional (STI) has concluded negotiations and agreed on a new investment plan with Puerto San Antonio (Port of San Antonio) that, once complete, will extend the concession for five more years.

  • 25 December 2020
    Business & Finance, Business developments & projects, Transition

    Denmark’s A.P. Moller Holding, a parent company of A.P.Moller Group that owns shipping major Maersk, has decided to invest in compatriot Green Hydrogen Systems, a supplier of modular electrolyzers producing green hydrogen from renewable energy.

  • 23 December 2020
    Business developments & projects, Innovation, Research & Development, Technology

    The U.S. Department of Energy’s (DOE’s) Water Power Technologies Office (WPTO) has announced 10 project selections totaling up to $22 million to support marine energy research and development (R&D) and testing infrastructure.

  • 22 December 2020
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    Equinor has decided to invest NOK 3 billion ($342.8 million) in the Statfjord Øst field to improve recovery by 23 million barrels of oil equivalent.

  • 22 December 2020
    Business & Finance, Environment, Rules & Regulation, Transition, Vessels

    Monaco-based bulker owner Safe Bulkers has acquired a Japanese-built Post-Panamax class, 87,000 dwt, eco-efficient newbuild vessel. The vessel is designed to meet the latest requirements of Energy Efficiency Design Index related to greenhouse gas, EEDI, Phase 3. Once delivered in the third quarter of 2022, it will also comply with the latest NOx emissions regulation, […]

  • 18 December 2020
    Business & Finance, Business developments & projects

    Copenhagen Infrastructure Partners (CIP) has invested in the development company 7 Seas Med, which has been developing a 250 MW floating wind project off the coast of Italy, in the Sicily Strait. CIP, Nice Technology and 7 Seas Wind Power have joined forces to develop the wind farm, for which 7 Seas Med already filed a concession request, according to Green […]

  • 17 December 2020
    Business & Finance, Collaboration, Environment, Innovation, Research & Development, Transition, Vessels

    Commodity trader Gunvor Group has made an investment in Artemis Technologies as a part of the company’s commitment to developing nonhydrocarbon solutions to maritime transportation. The investment by Gunvor follows the recent award of a £33 million ($ 44.8 million) UK Government innovation grant to the Artemis Technologies-led Belfast Maritime Consortium, which aims to develop […]

  • 17 December 2020
    Business & Finance, Business developments & projects

    Remus Horizons, a private investment fund, is exploring options to acquire FAR Limited. As a result, FAR has rescheduled its shareholder meeting.

  • 16 December 2020
    Business & Finance

    UK-based Simec Atlantis Energy has entered into a share placement agreement with a US-based investor New Technology Capital Group to raise up to £12 million ($16 million). Atlantis will get an initial investment of £2,000,000 for new shares with the value of £2,090,000 on or about 17 December 2020. Additional investments of three tranches of […]

  • 11 December 2020
    Business & Finance, Environment, Outlook & strategy, Transition

    Saga Pure ASA, formerly known as Saga Tankers, has taken a 21.4 % stake in Bergen Carbon Solutions AS (BCS), a company that has developed a technology for converting CO2 to carbon nanofibers. The investment saw Saga Pure commit to subscribe for NOK 30 million ($3.4 million) in a gross NOK 40 million private placement […]

  • 9 December 2020
    Market outlooks, Outlook & strategy, Transition

    Hydrogen production is expected to see a significant hike in investment in 2021, as more hydrogen projects get the green light.

  • 9 December 2020
    Business & Finance, Market outlooks, Outlook & strategy

    Investments in offshore wind projects in new and emerging markets next year will result in offshore wind gaining a greater share of the total wind power market globally, according to the latest report from Fitch Solutions. There are currently over 66 GW of offshore wind in pre-construction or construction out of almost 162 GW of […]

  • 9 December 2020
    Authorities & Government, Business developments & projects, Exploration & Production, Infrastructure, Project & Tenders, Regulation & policy

    Malaysian operator Hibiscus Petroleum has pushed back a final investment decision (FID) for the Marigold development in the UK part of the North Sea.

  • 2 December 2020
    Business developments & projects, Environment, Technology, Transition

    Italian cabling giant Prysmian has announced plans to accelerate the race to net-zero CO2 emission during its recent “Sustainability Day”. Its project aims to set science-based carbon reduction targets for the Prysmian Group, and will consider both Scope 1&2 (own organization) and Scope 3 (value chain) GHG emissions. Prysmian gets support in the project from […]

  • 1 December 2020
    Business & Finance, Business developments & projects

    Mitsubishi Heavy Industries has agreed to make a capital investment in green hydrogen and green ammonia projects developer in South Australia, H2U Investments.

  • 30 November 2020
    Human Capital, Market outlooks, Outlook & strategy, Transition, Vision

    The OGTC and the Offshore Renewable Energy Catapult have warned that the UK offshore energy sector would miss the opportunity to be a global leader in clean energy if it does not invest in technology innovation to create a net-zero North Sea.

  • 25 November 2020
    Business developments & projects, Infrastructure, Ports & Logistics, Project & Tenders

    Spanish utility Endesa is aiming to invest up to €34.5 million ($41million) in an LNG bunkering facility in the port of Los Barrios, in Algeciras Bay.

  • 24 November 2020
    Business & Finance, Business developments & projects, Exploration & Production, Market outlooks, Outlook & strategy

    Investments from global E&P in 2021 are projected to reach around $380 billion, almost flat year-on-year, a Rystad Energy report shows.

  • 23 November 2020
    Authorities & Government, Regulation & policy

    The US Federal Maritime Commission has launched an investigation into cargo-related practices that are having a negative impact on congestion and amplifying bottlenecks at the ports of Long Beach, Los Angeles, New York and New Jersey.

  • 20 November 2020
    Business & Finance, Technology

    Offshore Renewable Energy (ORE) Catapult is investing in a prototype blade manufacturing facility at its National Renewable Energy Centre in Blyth. The Additive Manufacturing for Wind Blades project will install an advanced manufacturing cell that aims to prove technologies that can reduce blade production costs and increase production speeds. According to ORE, the facility will challenge traditional blade manufacturing processes by using […]