A two-stroke ammonia engine manufactured by German marine engine producer Everllence (formerly known as MAN Energy Solutions) is all but ready to hit the maritime industry market. As disclosed on November 13, Everllence’s dual-fuel ME-LGIA (-liquid gas injection ammonia) engine, which was unveiled f
Spain-based Velto Renewables has completed the acquisition of what is described as “Europe’s largest” 74.3 MWp Les Ilots Blandin floating solar power plant from renewable energy developer Q Energy, becoming the sole owner of the facility located in Perthes, Haute-Marne, France. The company previousl
France-based growth equity firm Audacia has launched Calderion, a €150 million fund dedicated to next-generation fuels such as low-carbon hydrogen, CO2 capture, and e-fuels.
Norwegian oil and gas player Vår Energi has confirmed an oil discovery made in the Barents Sea using a semi-submersible rig from COSL’s fleet.
MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has signed a ‘massive’ shipbuilding order with France-based Chantiers de l’Atlantique for the construction of two more liquefied natural gas (LNG)-powered World Class-series units. As disclosed, the order—worth a whopping €3.5 billi
One of the largest construction support vessels (CSVs) in the Solstad fleet has won a contract award that will keep it fully committed until the end of 2027. As Solstad Maritime (SOMA) reported, the CSV Normand Sentinel secured the award with an international subsea contractor for operations worldwi
U.S.-based provider of ammonia-to-power solutions Amogy and South Korea’s shipbuilding major Samsung Heavy Industries (SHI) have signed a multi-year strategic contract for the manufacturing of Amogy’s ammonia-to-power systems.
French shipping and logistics giant CMA CGM Group has signed a term sheet to acquire a 20% stake in EUROGATE Container Terminal Hamburg (CTH).
Norway’s state-owned oil & gas giant Equinor has awarded DeepOcean with a contract for subsea construction and installation activities for a project that aims to extend the production life of an oil & gas field operational since 1992. DeepOcean’s scope of work includes the installation of a subsea s
Florida-headquartered Disney Cruise Line has held a naming ceremony for its third cruise ship fueled by liquefied natural gas (LNG). As disclosed, the 340-meter-long and 39-meter-wide vessel was formally named Disney Destiny at its homeport of Port Everglades in Fort Lauderdale, Florida on November
Australian wave energy developer Carnegie Clean Energy has received a €351,471 payment under its EuropeWave contract, following the completion of the system integration review for the ACHIEVE program. “Thank you to the EuropeWave Project Buyers Group for their continued support!” the company said in
The Guyanese subsidiary of U.S.-headquartered energy giant ExxonMobil has reached a production milestone at a field it operates offshore Guyana.
Another floating production storage and offloading (FPSO) unit destined for a field in Brazil’s Santos Basin operated by the country’s oil and gas giant Petrobras has started its journey from Hanwha Ocean’s shipyard.
Japanese shipping major Nippon Yusen Kaisha (NYK) has announced plans to issue transition bonds in late November in an effort to accelerate its decarbonization projects.
