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French engineering group Setec has acquired a majority stake in UK-based Sealand Projects, strengthening its marine engineering and offshore wind capabilities.

Marine Energy

Setec expands marine engineering reach with Sealand Projects acquisition

French engineering group Setec has acquired a majority stake in UK-based Sealand Projects, strengthening its marine engineering and offshore wind capabilities. According to Setec, the acquisition expands the company’s service offering in the marine renewables sector and enhances its presence in the

about 1 year ago

Funding & Regulation

EU, EIB and KfW to back renewable hydrogen projects in Chile with up to €216.5M

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The European Commission, the European Investment Bank (EIB), KfW Development Bank (KfW), Corporación de Fomento de la Producción (CORFO) and the Chilean Ministry of Energy have signed agreements to support Chile’s renewable hydrogen industry via the Team Europe Renewable Hydrogen Funding Platform fo

about 1 year ago

Fossil Energy

$5.7B investment to fast-track Woodside’s US LNG development

Australia’s energy giant Woodside has entered into a binding agreement with Stonepeak, a New York-based investment firm specializing in infrastructure and real assets, for the sale of an interest in its liquefied natural gas (LNG) development on the United States’ Gulf Coast.

about 1 year ago

Alternative Fuels

NYK finalizes construction and charter deals for methanol-powered VLCC

Japanese shipping company NYK has executed construction and charter contracts for its first methanol-powered very large crude carrier (VLCC).

about 1 year ago

Fossil Energy

Reversal of EU’s energy playbook on Russian oil barrels cannot be ruled out, MSI warns

MSI has contemplated the possibility of a shift in energy policy within the European Union (EU), where the EU changes its mind about the ban on Russian fossil fuels and decides to take a page out of U.S. President Donald Trump’s book by reviving its energy ties with Russia against the backdrop of tr

about 1 year ago

Clean Fuel

BYD: One LNG-powered RoRo newbuild launches, another sets on maiden voyage

Accelerating its push for global expansion, China’s plug-in hybrid electric vehicle manufacturer BYD has launched its latest roll-on/roll-off (RoRo) car carrier, BYD Xi’an.

about 1 year ago

Oseberg field centre in the Norwegian North Sea; Credit: Trond Glaser/Equinor

Fossil Energy

Equinor’s Norwegian activity across energy and decarbonization realms remaining ‘robust’ up to 2035

Equinor has set its cap on upping its activity ante in Norway within its operated fields, onshore facilities, and exploration and development projects alongside those for renewable and low-carbon solutions, creating further ripple effects like the multibillion-dollar worth of goods and services proc

about 1 year ago

Fossil Energy

Eneos jackup lands two-well gig offshore Vietnam

Japan’s Eneos Drilling, a wholly owned subsidiary of Eneos Xplora, has entered into a contract with Japan Vietnam Petroleum Company (JVPC) to supply a jack-up rig from its fleet for a drilling assignment offshore Vietnam.

about 1 year ago

Construction progress at Woodfibre LNG; Source: Woodfibre LNG

Fossil Energy

‘World’s first net-zero LNG export facility’ shaping up in Canada as $5.1B project forges ahead

Woodfibre Management, a privately held Canadian company based in Vancouver, is moving forward with the construction works at its operated multimillion-dollar liquefied natural gas (LNG) export project located along the southwest coast of British Columbia, Canada.

about 1 year ago

Green Marine

RMK Marine clinches order to construct ‘world’s first’ sail-assisted boxship

French activist shipping company Windcoop has placed an order for what it hailed as the ‘world’s first’ wind-powered container vessel at RMK Marine shipyard in Tuzla, Türkiye. According to RMK Marine, the wind-powered open hatch boxship will operate on a route between Madagascar and France. The unit

about 1 year ago

Cabling

WATCH: First of three Agalas subsea vessels launches in Türkiye

A new 100-meter-long cable laying support vessel (CLSV) being built at the Sefine Shipyard for Norwegian Agalas and Cecon Contracting has been launched in Türkiye. Agalas reported yesterday, April 3, that the first of its three subsea vessels had been launched in Türkiye, with a few intense months a

about 1 year ago

Alternative Fuels

John T. Essberger wraps up first bio-LNG bunkering at Hamina LNG terminal

E&S Tankers, a joint venture of Essberger Tankers and Stolt Tankers, has conducted the first bio-LNG bunkering for its newbuild dual-fuel stainless steel parcel chemical tanker John T. Essberger at the Hamina LNG terminal in Finland.

about 1 year ago

Offshore Wind

Benthic survey underway at SSE Renewables’ Berwick Bank wind farm site

SSE Renewables is undertaking a benthic survey within a prospective offshore export cable route at the Berwick Bank offshore wind farm site in Scotland. The survey work is being carried out by Natural Power, utilising the Windcat 20 as the survey vessel. According to a Notice from Mariners from the

about 1 year ago

Clean Fuel

CMAL, Remontowa sign shipbuilding contract for electric ferry fleet

Scotland’s state-owned Caledonian Maritime Assets Limited (CMAL) and Polish shipbuilder Remontowa Shipbuilding have signed a contract for the construction of seven new Loch-class electric ferries.

about 1 year ago