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Cabling

NKT invests in cable lay barge from Boskalis

Danish power cable manufacturer and installation firm NKT has made an investment in a cable lay barge from Dutch Boskalis, further strengthening its offshore cable installation tools and capabilities. NKT is planning to upgrade the Boka Constructor and modernize it for near-shore cable laying and bu

about 11 months ago

Clean Fuel

Equinor and partners looking into Nordics’ first large-scale waste-to-methanol plant

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Norwegian energy giant Equinor and NG Nordic-owned Mana have formed an early-stage strategic partnership to explore the potential development of the Nordics’ first large-scale waste-to-methanol project at Mongstad complex, with the support of sustainable technology solutions provider NEXTCHEM.

about 11 months ago

PEL 87 location map; Source: Pancontinental

Fossil Energy

New oil & gas prospects pop up in Orange Basin permit offshore Namibia

Pancontinental Energy has shed light on the analysis of quantitative interpretation volumes related to the hydrocarbon potential of a petroleum exploration license (PEL) it operates in the Orange Basin, off the coast of Namibia.

about 11 months ago

Energy Transition

UCL: Climate transition could hit South Korean, Chinese, and European shipping financiers hardest

European, Chinese and South Korean financiers have over half of their portfolio tied to oil and gas carriers that are most at risk of becoming stranded assets in the global rush to shift to a low-carbon energy system, a new report by UCL’s Energy Institute Shipping and Oceans Research Group suggests

about 11 months ago

Hydrogen

Gen2 Energy and MB Energy eye liquid hydrogen supply chain from Norway to Germany

Gen2 Energy and MB Energy have signed a memorandum of understanding (MoU) to develop a collaboration focusing primarily on production, offtake, and distribution of RFNBO-compliant liquid hydrogen from Gen2 Energy’s project portfolio in Norway to MB Energy’s end customers in Germany.

about 11 months ago

Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn

Fossil Energy

$28 billion US LNG project in the Pelican State clears key regulatory export checkpoint

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has received the final seal of approval to export up to 3.96 billion cubic feet (bcf) per day of U.S. natural gas as liquefied natural gas (LNG) to non-free trade agreement (FTA) countries from it

about 11 months ago

Cabling

Haesong Offshore Wind, KEPCO partner on smart fault detection tech for subsea cables

South Korea’s Haesong Offshore Wind has signed a Memorandum of Understanding (MoU) with Korea Electric Power Corporation (KEPCO) to introduce Smart Fault Locator (SFL) technology for submarine cable fault detection. The Haseong Offshore Wind 1-3 projects are managed and funded by Copenhagen Infrastr

about 11 months ago

Marine Energy

Funding to accelerate ‘sea snake’ wave energy converter toward sea trials

UK’s national innovation agency Innovate UK has awarded a £750,000 (approximately €861,630) grant to a Wiltshire-based company to help advance the technology readiness and performance of its ‘sea snake’ wave energy converter (WEC) and pave the way for future sea trials at the Welsh Marine Energy Tes

about 11 months ago

Alternative Fuels

Evergreen’s fleet expansion proceeds with fresh $2.8B order for LNG dual-fuel ships

Taiwanese container shipping company Evergreen Marine Corporation has commissioned Chinese and South Korean shipyards to build a total of 14 LNG dual-fuel containerships in its latest fleet expansion move.

about 11 months ago

Vantage Drilling’s Tungsten Explorer drillship; Credit: Greg Williams

Fossil Energy

Cronos nexus unbound: Egypt and Cyprus put pen to paper for gas field development

With the aim of strengthening energy security through strategic collaboration, Egypt and Cyprus have inked multiple commercial agreements for a natural gas project, which will forge an energy bond between the two countries, enabling Cypriot gas to reach Egypt’s infrastructure.

about 11 months ago

Biofuels

‘World’s largest’ cable laying vessel launches, sea trials on schedule

Jan De Nul has launched its first XL cable-laying vessel (CLV), Fleeming Jenkin, with the final vessel construction phase now starting, including sea trials. Jan De Nul announced in October 2023 that it had placed an order for Fleeming Jenkin at China’s CMHI Haimen shipyard, followed by an order for

about 11 months ago

Electric

Vessev debuts new solution for ‘greater’ energy efficiency at sea

New Zealand-based electric hydrofoiling technology company Vessev has unveiled its brand-new podded electric propulsion system engineered to ‘improve’ a vessel’s overall energy efficiency. According to Vessev, the solution, which has been dubbed the VS–Drive, is a submersible motor that combines act

about 11 months ago

Alternative Fuels

Seaspan Energy, Anew Climate wrap up 1st STS bio-LNG bunkering in Long Beach

The US-based climate solutions specialist Anew Climate and Seaspan Energy, part of Canada’s Seaspan Marine, have completed their first ship-to-ship loading operation of renewable liquefied natural gas (bio-LNG) in the Port of Long Beach, California, making an important step forward in the transition

about 11 months ago

Alternative Fuels

Tersan Shipyard starts building next zero-emission autonomous ferry for Fjord1

Norwegian ferry operator Fjord1 AS and Türkiye’s Tersan Shipyard have marked the beginning of the construction of another battery-powered, autonomous double-ended ferry.

about 11 months ago