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IHI and Vopak unite for development of ammonia terminals in Japan
Japan’s IHI Corporation and Dutch Royal Vopak have signed a memorandum of understanding (MoU) to jointly explore the development and operation of efficient, high-value-added ammonia terminals in Japan, with a possibility to expand the collaboration to other regions. According to the companies, the c

3D model-based classification approvals simplify ship design processes, new JDP confirms
Classification society Bureau Veritas (BV), the Shanghai Merchant Ship Design & Research Institute (SDARI) and maritime software provider NAPA have completed the first phase of a joint development project (JDP) to enable 3D model-based approvals for the classification of ships.

Deal for ExxonMobil’s LNG project enables UK player’s first ‘long-term’ foray into Papua New Guinea
Altrad Sparrows has tucked under its belt a new contract for the provision of comprehensive crane maintenance services with ExxonMobil.

JDR’s new subsea cable factory hits several construction milestones
JDR Cable Systems, part of the TFK Group, has achieved several milestones in the construction of its new £130 million subsea cable manufacturing facility in Cambois, near Blyth, Northumberland. The facility, set to expand the product offerings of JDR and TFKable, will produce high and extra-high vol

EU earmarks €2.2 billion in hydrogen funding for spring 2024
The President of the European Commission (EC) Ursula von der Leyen has announced new investments into the hydrogen industry, including €2.2 billion worth of funding reserved for the spring of 2024. During a speech at the European Hydrogen Week 2023, via video message, von der Leyen said that the hyd

Construction starts on CMA CGM’s new dual-fuel 23,000 TEU boxship
Chinese shipbuilder Hudong Zhonghua has started the construction of the first out of four new deal-fuel 23,000 TEU containerships for French shipping giant CMA CGM.

EverWind Fuels secures $125M federal govt support for Nova Scotia green energy hub
EverWind Fuels, a North American developer of green hydrogen projects, has received development support from Canada’s federal government for the green energy hub being developed in Nova Scotia. On November 17, EverWind said it had reached an agreement in principle with Export Development Canada on t

ADNOC and Santos embarking on carbon capture and storage with net zero at the heart of decarbonization quest
ADNOC has joined forces with Santos to pursue a pathway towards the potential development of a joint global carbon management platform.

Countdown begins: Offshore Energy Exhibition & Conference 2023 opens in one week
Industry giants, experts, policymakers, innovators and start-ups from the offshore energy sector will meet at the Offshore Energy Exhibition & Conference 2023 (OEEC 2023) in Amsterdam one week from now. The backdrop to two full days of discussions, insights and updates is the exhibition floor that w

Diana Shipping to trial carbon capture system on Capesize bulker with Ecochlor and Sinotech
Greek dry bulk shipping company Diana Shipping is set to test a carbon capture system (CCS) onboard one of its capesize bulk carriers in cooperation with Ecochlor and Sinotech CCS. The trio has signed a Letter of Intent (LOI) for the installation of a Sinotech scrubber and CCS system onboard Diana’s

Subsea7 tendering work for ‘major’ EPCI projects with offshore activity in 2026 and beyond
Subsea7 has reported revenue of $1.6 billion for the third quarter of the year, an increase of $174 million or 12% compared to the same period in 2022, mainly due to significantly increased activity in the Subsea and Conventional business unit. With this, the company said it was on track to meet gui

The next step for offshore wind and the role of vessels specifically designed for floating offshore wind
The global energy landscape is undergoing a significant transformation as the demand for clean, renewable energy sources continues to grow. Wind power, in particular, is playing a pivotal role in this transition. Offshore wind farms have proven to be a highly effective means of generating electricit

World’s first cost-efficient green methanol pilot plant inaugurated in Germany
The German research consortium has inaugurated the world’s first pilot plant for the cost-efficient production of green methanol in the Leuna Chemical Park. The pilot plant was inaugurated on November 20 as part of the Leuna100 project which was launched in the Leuna Chemical Park in August 2023 and

KCA Deutag in charge of electrification project enabling Equinor to get its first onshore powered rig
KCA Deutag’s Kenera business unit has been hired for a rig electrification project by Norway’s state-owned energy giant Equinor.