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UK decommissioning firm sets sight on CCUS projects
UK well decommissioning company Well-Safe Solutions is targeting carbon capture, usage and storage (CCUS) projects with the appointment of the company’s first energy transition manager. Well-Safe announced on 17 October that it is adding CCUS as well as geothermal project capabilities to its offerin
Maritime industry remains ‘easy target’ for cyber attacks as ransom payment demands skyrocket
The maritime industry remains an “easy target” for cybercriminals, and the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months, according to the research findings from law firm HFW and maritime cyber security company CyberOwl. The research reveal
Prysmian produces cables for 3 GW link between Middle East and North Africa
Italian cabling giant Prysmian has completed the manufacturing of cables for the submarine power interconnection between Egypt and Saudi Arabia – the first-ever large-scale link between the Middle East and North Africa. Prysmian secured the contract worth about €221 million with the Egyptian Electri
Hawaii start-up presents wave energy tech
Wavr, a Hawaii-based start-up company, has presented a prototype of its floating hinged-raft wave energy device, which can be combined and integrated with other renewable energy technologies.
Australia launches $2 billion Hydrogen Headstart program
The Australian Renewable Agency (ARENA), on behalf of the Australian government, has opened applications for the $2 billion program that aims to catalyze the country’s hydrogen industry. Following consultation with a broad range of key stakeholders, which involved 114 written submissions and three p
Marathon Oil and Glencore ink LNG sales agreement in Equatorial Guinea
Houston-based oil and gas company Marathon Oil has entered into an LNG sales agreement with Glencore for the Alba field in Equatorial Guinea, effective from next year. Through its wholly-owned subsidiaries, Marathon Oil entered into a five-year firm LNG sales agreement with Glencore Energy UK for a
Alba Tankers joins forces with Seaber to cut emissions by maximizing fleet utilization
Denmark-based tanker owner and operator Alba Tankers has teamed up with Finnish maritime software company Seaber.io to optimize chartering and scheduling processes leading to increased efficiency as well as reduced emissions. Alba Tankers commercially operates chemical and oil tankers in the area of
CIMC SOE floats out Hartmann’s LNG-powered LEG carrier
Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) has launched the first LNG dual-fuel liquid ethylene gas (LEG) carrier for German shipowner Hartmann.
Eagle LNG takes delivery of first LNGC from Anthony Veder
U.S.-based supply solutions provider Eagle LNG Partners has taken delivery of its first LNG carrier (LNGC), the Coral Favia, from Dutch gas shipping company Anthony Veder. The 10,000 cubic meter LNG supply vessel is said to be the first of a planned fleet from Eagle LNG offering LNG supply and bunke
Petrobras picks Ocyan to revitalize gas pipeline network
Brazilian state-owned oil and gas giant Petrobras has awarded compatriot offshore oil and gas services provider Ocyan with a contract to carry out the revitalization of a network of gas pipelines in the Campos Basin. The contract, valued at approximately $317.49 million, is expected to last four and
New coalition to pave the way for first cross-Atlantic clean hydrogen shipment by 2026
The Mission Possible Partnership (MPP), RMI, Systemiq, Power2X, and industry leaders have formed a coalition to enable an inaugural shipment of clean hydrogen from the United States to Europe by 2026. The Transatlantic Clean Hydrogen Trade Coalition (H2TC) will connect U.S. fuel producers to heavy-i
Port of Montreal nets $150M for container terminal project
The Port of Montreal has revealed that the National Trade Corridors Fund (NTCF) allocated $150 million for port’s container terminal project in Contrecœur.
Berge Bulk unveils ‘world’s most powerful’ sailing cargo ship
Dry bulk shipping company Berge Bulk has fitted its Newcastlemax bulker, Berge Olympus, with four BARTech WindWings by Yara Marine Technologies. The company said the retrofitting project makes Berge Olympus the world’s most powerful sailing cargo ship. With four WindWings installed, each possessing
Inditex teams up with Maersk to cut seaborne emissions
Global fashion giant Inditex, the parent company of renowned brands like Zara and Massimo Dutti, has joined forces with Maersk to reduce its carbon footprint in global seaborne logistics. The partnership aims to incorporate alternative, eco-friendly fuels into all inbound routes through Maersk’s ECO