Minesto, a Swedish tidal energy developer, is leading a consortium of four that has been awarded a SEK 25 million (approximately $2.6 million) grant funding from the Swedish Energy Agency to build a complete microgrid installation in the Faroe Islands. The consortium includes Minesto, microgrid tech
Japanese shipping major Mitsui O.S.K. Lines (MOL) and compatriot Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI), have secured approval in principle (AiP) for their jointly developed liquefied CO2 (LCO2)/methanol carrier.
The steel-cutting ceremony for a floating production storage and offloading (FPSO) unit destined for a field offshore Brazil operated by the Brazilian subsidiary of the U.K.-headquartered energy giant Shell was held at the Sumitomo Heavy Industries’ Yokosuka shipyard in Japan.
With a six-week exclusive due diligence period in effect, Australia’s energy player Santos has kicked off negotiations concerning an $18.7 billion non-binding indicative offer for all its shares with a consortium led by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), comprising Abu Dhab
A construction support vessel (CSV) owned by Norway’s shipping player Rem Offshore has begun working for Norwegian state-owned energy giant Equinor following an extensive rebuild and mobilization project. In pursuit of more sustainable operations, efficiency enhancements, and cost savings, Rem Offsh
A privately held energy infrastructure development company plans to develop a liquefied natural gas (LNG) facility on the Texas Gulf Coast.
Shell has brought online a new phase of its natural gas field in the Norwegian Sea, which is set to augment the amount of gas recovered from the asset, bolstering Europe’s energy security.
Imabari Shipbuilding, considered to be one of the biggest shipbuilding players in Japan, has entered an agreement with compatriot JFE Steel Corporation and IHI Corporation to acquire a portion of the shares of Japan Marine United Corporation (JMU) previously owned by JFE and IHI. As disclosed, once
Thailand’s state-owned oil and gas company PTT has signed a heads of agreement (HoA) with the U.K.-based energy company Centrica Energy for a long-term supply of liquefied natural gas (LNG).
U.S. shipping and logistics company Crowley has expanded its ocean shipping services with its first-ever route between the U.S. Northeast and Central America.
What is described as the “world’s first” offshore solar farm integrated within a wind farm has completed assembly at the Port of Amsterdam and is ready for deployment at the Hollandse Kust Noord (HKN) offshore wind farm in the North Sea. Dutch company Oceans of Energy assembled the floating solar fa
Swiss cruise line Viking has taken delivery of its newest future technology-ready ocean ship, Viking Vesta, from Italian shipbuilder Fincantieri.
TotalEnergies has taken a step to enlarge its oil and gas portfolio of assets off the coast of Suriname with the acquisition of a minority stake in another block, which is close to the one where the French player is developing its oil project.
The American Bureau of Shipping (ABS) classification society has granted an approval in principle (AIP) for a new cybersecurity solution developed by South Korea’s Hanwha Ocean to protect critical infrastructure and operations on board floating production storage and offloading (FPSO) units.
