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Business Developments & Projects

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worker looking at tidal turbines
Business Developments & Projects

UK firm secures almost $5M for Morlais tidal energy demonstrator build

UK-based Inyanga Marine Energy Group has raised £3.7 million (approximately $5 million) in fresh investment to support the build of a tidal energy demonstrator for the Morlais project in Wales. According to Inyanga, the funding round includes backing from the British Business Bank via The FSE Group

about 1 year ago
Fluxys' Zeebrugge LNG terminal; Source: Sacyr Proyecta
Business Developments & Projects

Spanish player picks up work on European LNG terminal as pursuit of net-zero ops intensifies

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Belgian energy infrastructure company Fluxys has hired Madrid-headquartered Sacyr Proyecta to take care of front-end engineering design (FEED) services related to the development of a CO2 emissions reduction project at its liquified natural gas (LNG) terminal in Zeebrugge, Belgium.

about 1 year ago
Shah Deniz gas field offshore Azerbaijan; Source: Southern Gas Corridor (SGC)
Business Developments & Projects

BP entrusts KBR-SOCAR JV with terminal electrification and giant gas field’s next phase

KBR, a U.S.-headquartered science, technology, and engineering player, has won new assignments in Azerbaijan with the UK-headquartered BP, thanks to its joint venture with SOCAR, known as SOCAR-KBR, which will undertake detailed engineering design solutions and procurement services for two projects

about 1 year ago
Map showing the planned location of MESH and the existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Business Developments & Projects

EnergyPathways to deploy Hazer’s hydrogen technology in its huge UK energy storage project

EnergyPathways has entered a memorandum of understanding (MoU) with Hazer to use its proprietary hydrogen production technology to develop a clean hydrogen facility that will expand the company’s MESH integrated energy storage project.

about 1 year ago
nuclear
Business Developments & Projects

IMO and IAEA grant official status to Nuclear Energy Maritime Organization

The Nuclear Energy Maritime Organization (NEMO), an organization focusing on the practical application of new nuclear solutions in the maritime industry, has received NGO Consultative Status at the International Maritime Organization (IMO) and a formal invitation to regularly participate in the Gene

about 1 year ago
Fugro to survey Irish seabed for future offshore wind farms
Business Developments & Projects

Fugro to survey Irish seabed for future offshore wind farms

Fugro has secured a seven-year framework agreement with Irish transmission system operator (TSO) EirGrid to perform surveys for a project that will develop offshore electricity substations and export cable routes to connect Ireland’s future offshore wind farms on the south coast to the national grid

about 1 year ago
MMMCZCS
Business Developments & Projects

MMMCZCS, LR Decarb Hub unite to advance zero-carbon shipping goals

In a move that underscores growing collaboration in the race to decarbonize shipping, Lloyd’s Register Maritime Decarbonisation Hub (Decarb Hub) has become the latest Knowledge Partner of the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS). The goal of the partnership is described a

about 1 year ago
Fincantieri takes construction of LNG-powered Explora fleet to the next stage
Business Developments & Projects

Fincantieri takes construction of LNG-powered Explora fleet to the next stage

Italian shipbuilder Fincantieri has reached a new chapter in the construction of LNG-powered ships for Explora Journeys, the cruise division of Mediterranean Shipping Company (MSC).

about 1 year ago
Magallanes tidal energy technology
Business Developments & Projects

New tidal turbine blade tech project links Wales and Galicia

A new cross-border initiative to develop tidal turbine blades is underway in Wales, led by Menter Môn Morlais, developer of what is said to be Europe’s largest consented tidal energy scheme. According to Menter Môn Morlais, the project is backed by £1 million (approximately $1.3 million) in funding

about 1 year ago
John Cockerill acquires McPhy’s assets to advance development of alkaline electrolyzers
Business Developments & Projects

John Cockerill acquires McPhy’s assets to advance development of alkaline electrolyzers

John Cockerill Hydrogen has acquired part of the assets of McPhy to accelerate the development of its new generation of pressurized alkaline electrolyzers.

about 1 year ago
LDA to install voyage optimization solution on wind-assisted RoRo ships
Business Developments & Projects

LDA to install voyage optimization solution on wind-assisted RoRo ships

French maritime company Louis Dreyfus Armateurs (LDA) has commissioned compatriot Ascenz Marorka, a smart shipping arm of GTT Group, to install a voyage optimization solution on four roll-on/roll-off (RoRo) vessels.

about 1 year ago
Belgian duo eyes innovation in green hydrogen technology
Business Developments & Projects

Belgian duo eyes innovation in green hydrogen technology

Agfa and VITO have signed a long-term cooperation agreement focused on innovation in green hydrogen technology.

about 1 year ago
Two men shaking hands
Business Developments & Projects

Naftogaz teams up with Baker Hughes to modernize Ukrainian energy sector

Ukraine’s state-owned energy company Naftogaz has signed a memorandum of understanding (MoU) with U.S.-headquartered energy technology giant Baker Hughes to explore opportunities for fortifying the energy sector in Ukraine.

about 1 year ago
LNG-fueled Star of the Seas joins Royal Caribbean fleet
Business Developments & Projects

LNG-fueled Star of the Seas joins Royal Caribbean fleet

U.S.-based cruise holding company Royal Caribbean has taken delivery of an LNG-fueled Icon-class newbuild Star of the Seas from Finnish shipbuilder Meyer Turku.

about 1 year ago