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Suez Canal
Green Marine

Ripe for return: As Red Sea tensions subside, Suez Canal prepares for ‘full-scale’ revival

With security in the Red Sea gradually improving, the Suez Canal is gearing up to handle global trade at full capacity, signaling the return of stability to this vital maritime corridor, the Suez Canal Authority (SCA) has revealed. Clearing skies, changing tides: The Suez Canal now The dark clouds a

about 1 year ago
Samsung E&A secures $1.7 billion deal to build UAE’s first methanol plant
Clean Fuel

Samsung E&A secures $1.7 billion deal to build UAE’s first methanol plant

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TA’ZIZ awarded an engineering, procurement, and construction (EPC) contract worth $1.7 billion to Samsung E&A for UAE’s first methanol plant.

about 1 year ago
Offshore platform machinery
Fossil Energy

Rig quartet off Guyana to feature ‘world first’ safety tech combination

Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has joined forces with Norway’s Intellilift to install a solution aimed at enhancing the safety of critical equipment and personnel on four drilling platforms offshore Guyana.

about 1 year ago
SEFE unites with ACWA Power to supply green hydrogen to Europe
Ammonia

SEFE unites with ACWA Power to supply green hydrogen to Europe

Germany’s Securing Energy for Europe (SEFE) has signed a memorandum of understanding (MoU) with Saudi Arabia’s ACWA Power for the production and supply of green hydrogen to Europe.

about 1 year ago
CINEA
Clean Fuel

Turning innovative ideas into reality: CINEA presents 4 green maritime projects

The European Climate, Infrastructure and Environment Executive Agency (CINEA) has shared details of several ‘transformative waterborne projects’ that have moved from the R&D phase to a successful scale-up stage.

about 1 year ago
EemsEnergy Terminal
Fossil Energy

Dutch terminal’s open season checking the pulse of LNG import demand after 2027

EemsEnergy Terminal has taken steps to determine whether it should remain in business after 2027 or close its doors by launching an open season for the storage and regasification of LNG in the Eemshaven after 2027 in the Netherlands.

about 1 year ago
Diversified offshore oil & gas services provider to arise with new merger
Fossil Energy

Diversified offshore oil & gas services provider to arise with new merger

Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration and Singapore’s tender-assisted drilling provider Energy Drilling have signed a letter of intent (LoI) to merge into a combined company that would offer diversified offshore oil & gas services. The transaction will

about 1 year ago
Rendering of a side view of an LNG terminal at the coast
Fossil Energy

Baker Hughes’ solution selected for Pelican State’s new LNG plant

Argent LNG, a U.S.-based energy company dedicated to developing liquefied natural gas (LNG) export solutions, has selected energy company Baker Hughes to supply the liquefaction solution and related services for its proposed natural gas export facility in Port Fourchon, Louisiana.

about 1 year ago
Targeting carbon-free shipping, Hanwha and Baker Hughes to work on ammonia gas turbine
Alternative Fuels

Targeting carbon-free shipping, Hanwha and Baker Hughes to work on ammonia gas turbine

South Korea’s Hanwha Ocean and Hanwha Power Systems have formed a partnership with energy technology firm Baker Hughes to design and develop a new small-size ammonia gas turbine, with an aim to achieve carbon-free ship operations.

about 1 year ago
Chilean researchers have completed hydrodynamic tests on a wave energy converter (WEC) as part of an academic collaboration.
Marine Energy

Chilean researchers test wave energy converter at hydrodynamic canal

Chilean researchers have completed hydrodynamic tests on a wave energy converter (WEC) as part of an academic collaboration between the University of Bío-Bío (UBB), the Austral University of Chile (UACH), the University of Edinburgh, and RWTH Aachen University. According to the representative from t

about 1 year ago
Repsol invests €2.549 billion in renewable hydrogen push
Clean Fuel

Repsol to invest more than €800 million in renewable methanol plant in Spain

Spanish energy giant Repsol has approved a more than €800 million investment in renewable methanol project Ecoplant in Tarragona.

about 1 year ago
FPSO Errea Wittu; Source: MODEC
Fossil Energy

Baker Hughes bags ‘major’ deal for ExxonMobil’s Guyana-bound FPSO duo

Baker Hughes has been hired on a multi-year assignment related to two floating production, storage, and offloading (FPSO) vessels, which are destined to work on two upcoming oil projects on the Stabroek block off the coast of Guyana, operated by an affiliate of America’s energy giant ExxonMobil.

about 1 year ago
NGO
Green Marine

NGO Shipbreaking Platform: 80% of scrapped ships in 2024 dismantled under sub-par and high-risk conditions

Despite ongoing concerns over unsafe and environmentally damaging shipbreaking practices, in 2024, 80% of the global vessel tonnage scrapped—totaling 255 out of 409 dismantled ships—was broken under substandard conditions on the beaches of South Asia, Belgian NGO Shipbreaking Platform has found. Not

about 1 year ago
CLdN
Biofuels

CLdN introduces pooling incentive to ensure FuelEU Maritime compliance

Luxembourg-based shipping group CLdN has launched a new pooling service to enable potential partners comply with more stringent EU environmental norms.

about 1 year ago