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Business Developments & Projects

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Greece investing over €61M in third Corfu-mainland interconnector
Business Developments & Projects

Greece investing over €61M in third Corfu-mainland interconnector

Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO) is investing more than €61 million to further strengthen Corfu’s energy security with a third subsea interconnector linking the island to the mainland. The project will see the construction of the 21-kilometer 15

about 1 year ago
Shareholders inject nearly €1.2M into Carnegie’s wave energy ambitions
Business Developments & Projects

Shareholders inject nearly €1.2M into Carnegie’s wave energy ambitions

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Australian wave energy developer Carnegie Clean Energy has raised AUD 2.116 million (almost €1.2 million) from its share purchase plan (SPP), which closed on September 8, 2025. According to Carnegie, the funds will be used to advance several initiatives supporting the commercialization of its CETO a

about 1 year ago
Everllence and Hyundai shake hands on next-gen ammonia-powered gas carrier
Business Developments & Projects

Everllence and Hyundai shake hands on next-gen ammonia-powered gas carrier

Germany’s engine maker Everllence (formerly MAN Energy Solutions) has initiated a strategic collaboration with Hyundai Heavy Industries Engine Division and HD Hyundai Mipo, part of the South Korean Hyundai Group, to develop a next-generation ammonia-fueled medium gas carrier.

about 1 year ago
Alaska LNG
Business Developments & Projects

‘Abundant’ gas resources spur JERA to explore offtake from Alaskan LNG project

Glenfarne Alaska LNG, a subsidiary of U.S. energy player Glenfarne Group, has signed a letter of intent (LoI) with Japan’s JERA for the sale of liquified natural gas (LNG) from its future project in Nikiski, Alaska.

about 1 year ago
Fukui and ClassNK team up on hydrogen dual-fuel engine valves
Business Developments & Projects

Fukui and ClassNK team up on hydrogen dual-fuel engine valves

Fukui Seisakusho and ClassNK have signed a memorandum of understanding (MoU) to collaborate on ultra-high-pressure safety relief valves for hydrogen dual-fuel engines.

about 1 year ago
FPSO Agogo; Source: Yinson Production
Business Developments & Projects

Yinson Production charting carbon capture course with Norwegian firm

With the aim of forging a path toward sustainability, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has taken steps to ignite carbon capture advancement through its partnership with Carbon Circle, a Norway-based carbon capture a

about 1 year ago
$1.5 billion contract extends Saipem’s stay at largest Turkish natural gas field
Business Developments & Projects

$1.5 billion contract extends Saipem’s stay at largest Turkish natural gas field

Italy’s Saipem has secured more work at Türkiye’s largest natural gas field as part of a new offshore contract worth approximately $1.5 billion. Under the new contract awarded by Turkish Petroleum Offshore Technology Center (TP-OTC), Saipem will deliver the engineering, procurement, construction and

about 1 year ago
FLNG Nguya; Source: Eni
Business Developments & Projects

ABL unit lands engineering gig at Eni’s FLNG project off Congo

Longitude, the design and engineering arm of Oslo-listed global consultancy ABL Group, has been picked by Singapore’s offshore marine solutions company, PACC Offshore Services Holdings (POSH), as a subcontractor for a job relating to the installation of a floating liquefied natural gas (FLNG) projec

about 1 year ago
Marine license application filed for one of UK’s largest power projects
Business Developments & Projects

Marine license application filed for one of UK’s largest power projects

SSEN Transmission has submitted a marine license application for the Scottish marine elements of the Eastern Green Link 3 (EGL3) project between Scotland and England, set to become one of the biggest electricity transmission projects in the UK. The application, submitted to the Marine Directorate –

about 1 year ago
NMDC-ADNOC collaboration agreement signing
Business Developments & Projects

ADNOC L&S forges partnership to boost UAE’s offshore energy sector

NMDC Group PJSC, a provider of engineering, procurement, construction (EPC), and marine dredging services, has signed an agreement with ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the UAE’s Abu Dhabi National Oil Company (ADNOC), to explore collaboration on del

about 1 year ago
Emvolon
Business Developments & Projects

New strategic collaboration aims to accelerate renewable methanol availability

Massachusetts-based renewable fuel and chemical production technology company Emvolon and Freepoint Commodities, a commodities merchant, have decided to enter into a long-term strategic collaboration to speed up the manufacturing and distribution of renewable methanol. According to officials from Em

about 1 year ago
FuelEU Maritime pooling is no silver bullet, ZERO44 warns
Business Developments & Projects

FuelEU Maritime pooling is no silver bullet, ZERO44 warns

While often presented as the simplest solution to meet the requirements of the FuelEU Maritime regulation, pooling can become a long-term cost trap for shipowners, Berlin-based platform ZERO44 warned in its new whitepaper.

about 1 year ago
Wison's existing 1.3 mtpa FLNG model (for illustration purposes); Source: Wison New Energies
Business Developments & Projects

Wison pools resources with Siemens Energy on FLNG and FPSO projects

China-based provider of clean energy services Wison New Energies (WNE) has joined forces with Siemens Energy to embark on a new chapter of cooperation in sustainable offshore energy development, primarily within floating liquefied natural gas (FLNG) and floating production, storage, and offloading (

about 1 year ago
Two docked vessels
Business Developments & Projects

Shell deal opens second US LNG channel for Italian firm

Italian utility company Edison has signed an agreement with Shell International Trading Middle East, the UAE-based subsidiary of the U.K.-headquartered energy giant Shell, for the sale and purchase of liquefied natural gas (LNG).

about 1 year ago