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SFL to purchase three eco-friendly product tankers for $230 million
Bermuda-based ship owner and charterer SFL Corporation has decided to acquire three new LR2 product tankers for a purchase price of approximately $230 million.
Topsoe reaches new milestone in SOEC electrolysis technology development
Topsoe has run a 2,000-hour SOEC electrolyzer demonstration in industrial conditions of 12 SOEC stacks to demonstrate the technology’s capabilities.
EU and Faroe Islands strengthen ties on green transition and climate change
The Faroe Islands, a self-governing country within the Kingdom of Denmark, and the European Union have signed a Memorandum of Understanding (MoU) to, among other things, work together on the green transition, energy and climate change. Faroese Prime Minister Aksel V. Johannesen and EU Commission Pre
Liquid Wind to fuel Wasaline’s Aurora Botnia with eMethanol from FlagshipTHREE plant
Electrofuel (eFuel) developer Liquid Wind has signed a letter of intent (LoI) with energy firm Umeå Energi and shipping company Wasaline for the sale and purchase of eMethanol from the eFuel facility in Umeå, Sweden.
Ray Car Carriers linked to order for oil tanker quartet at HD KSOE
British shipping company Ray Car Carriers has been linked to order for four oil tankers at South Korean shipyard HD Korea Shipbuilding & Offshore Engineering (HD KSOE).
Multinational players urged to step up oil & gas decom game off Australia
The Maritime Union of Australia (MUA) is urging oil and gas companies to clean up disused infrastructure in Australian waters.
Reach Subsea expands subsea service capacity due to ‘substantial tender pipeline’
Shortly after securing a 100-day project charter for the subsea vessel, Norway-headquartered Reach Subsea has extended the charter for Olympic Taurus due to a “solid backlog and substantial tender pipeline for the coming periods”. In mid-February, Reach Subsea announced a 100-day project charter for
‘Major’ deal for MODEC’s Brazil-bound FPSO lands on MAN’s order book
MAN Energy Solutions Switzerland has secured its largest single order ever received, thanks to a deal with MODEC.
Petrobras and Mitsui & Co. shake hands on low-carbon business opportunities
Brazilian state-owned oil and gas company Petrobras has signed a memorandum of understanding (MoU) with Japanese trading company Mitsui & Co. to explore low-carbon business opportunities in Brazil.
Chevron, JX eye CCS value chain between Japan and Australia
JX Nippon Oil & Gas and Chevron signed MOU that provides a framework to evaluate the export of carbon dioxide (CO₂) from Japan to carbon capture and storage (CCS) projects located in Australia and other countries in the Asia Pacific region.
NKT delivers first order of adaptive power cable joints to Energinet
Denmark-based power cable manufacturer and installation company NKT has supplied its first order of adaptive power cable joints, which can serve as a spare joint for a broad range of HVAC offshore cables, to the Danish transmission system operator (TSO) Energinet. According to NKT, the Adaptive Rigi
ABEL Energy picks electrolyzer supplier for flagship Bell Bay project
ABEL Energy has selected thyssenkrupp nucera as the preferred supplier of electrolyzers required for its hydrogen and methanol project in Bell Bay, Tasmania.
PTTEP ups gas production ante at offshore fields in Gulf of Thailand
PTTEP has boosted gas production from multiple fields located in the Gulf of Thailand in a bid to alleviate the impact of electricity costs.
Ports of Southampton and Singapore partner on green and digital shipping
The Maritime and Port Authority of Singapore (MPA) and the Port of Southampton have agreed to collaborate on green and digital shipping.