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Electric Hydrogen and AES pen large-scale electrolyzer plants supply deal
Electric Hydrogen has reached a comprehensive framework supply agreement with AES Corporation for up to 1 GW of large-scale electrolyzer plants.

Shell and Ocean Infinity bolster subsea ties under five-year agreement
Houston-based marine robotics company Ocean Infinity has signed a five-year global framework agreement (GFA) with energy giant Shell concerning subsea data capture services. The GFA encompasses all countries where Shell is currently active or plans to operate in the future and covers the provision o

Nine hydrogen and renewable energy startups make the cut for EDP’s Energy Starter in Singapore
EDP has chosen nine startups with renewable and green hydrogen projects for its Energy Starter, an open innovation program, in Singapore.

Wan Hai Lines names eco-friendly 3,055 TEU containership trio
Taiwanese shipping company Wan Hai Lines has held a naming ceremony for three new eco-friendly 3,055 TEU containerships built by Japan Marine United Corporation TSU Shipyard.

Protesters against Black Sea gas project dub new drilling operations ‘the last thing the world needs’
Greenpeace activists have held a rally in Bucharest against “the largest natural gas project in the Romanian part of the Black Sea”.

Australian oil & gas player to lay off 30% of its workforce as part of strategic review
Australian oil and gas player Beach Energy is planning to reduce the headcount across the business by 30% as part of a move aimed at achieving efficiency and operational cost improvements. Beach Energy announced on February 12, 2024, it was undertaking a comprehensive strategic review that aims to r

UECC, partners join forces on CNSL-based marine biofuel
Norway-based RoRo transportation provider United European Car Carriers (UECC) has spearheaded a collaboration with industry partners to advance cashew nut shell liquid (CNSL) as a sustainable marine fuel.

SolarDuck wins ‘world’s first’ prototype certification for floating solar technology
Bureau Veritas Group has awarded Dutch-Norwegian company SolarDuck the world’s first prototype certification for floating solar technology. This floating solar technology’s implementation was demonstrated in SolarDuck’s 0.5 MW pilot project Merganser. The certification of the Merganser prototype com

Private equity investors acquire Acteon, new CEO to take over
Offshore energy infrastructure services company Acteon Group has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP), with a new Chief Executive Officer (CEO) taking the helm. According to Acteon, Buckthorn and OEP are making a substantial investment in the bus

ITM Power’s MW-class PEM electrolyzer installed in Japan
In collaboration with Sumitomo Corporation, ITM Power has completed the delivery and installation of a NEPTUNE electrolyzer at Tokyo Gas’ Yokohama Techno Station.

Carnival Cruise Line orders fifth LNG-powered Excel-class cruise ship
German shipbuilder Meyer Werft has received an order to build another liquified natural gas (LNG)-fueled cruise ship for US-based Carnival Cruise Line, part of Carnival Corporation.

Stena Drilling’s new drillship to get equipment that allows access to ‘previously inaccessible reservoirs’
UK-based offshore drilling contractor Stena Drilling is set to deliver an equipment upgrade for its newest drillship that is expected to make it capable of drilling in previously inaccessible reservoirs. The seventh-generation drillship Stena Evolution is about to undergo an equipment upgrade which

A universal carbon tax is coming, ABS CEO says
A universal, global carbon tax on shipping is coming, as alternative blue fuels made with carbon capture emerge as a critical step in the energy transition at sea, according to Christopher J. Wiernicki, Chairman and CEO of classification society American Bureau of Shipping (ABS).

PetroVietnam to buy LNG from QatarEnergy, first shipment due in April
PetroVietnam has signed a contract with QatarEnergy LNG to purchase 70,000 metric tons of LNG set to be delivered next month.