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Business Developments & Projects

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Knutsen welcomes eighth energy-efficient LNG carrier for charter with Shell
Business Developments & Projects

Knutsen welcomes eighth energy-efficient LNG carrier for charter with Shell

Norwegian shipping company Knutsen Group has received new energy-efficient LNG carrier for charter with energy giant Shell from South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI). The 174,000 cubic meter LNG carrier named Nantes Knutsen was delivered to the shipowner on September 13, 202

about 2 years ago
‘Groundbreaking step’: Australia and Germany commit to contribute €400M to joint H2Global hydrogen auction
Business Developments & Projects
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‘Groundbreaking step’: Australia and Germany commit to contribute €400M to joint H2Global hydrogen auction

Germany and Australia are expanding their energy cooperation through a joint declaration of intent under which each country committed to contribute €200 million to a joint H2Global auction, an initiative aiming to address the cost-of-difference of renewable hydrogen and its derivatives while establi

about 2 years ago
A view of a bridge on an offshore platform at sunset
Business Developments & Projects

Five years of emission cuts bring UK’s 2030 oil & gas decarbonization targets within reach, but more needed for cleaner energy

Based on the latest report on emissions in the oil and gas industry by the UK’s regulator, the North Sea Transition Authority (NSTA), progress has been made on the decarbonization journey, however, additional effort is still required to ensure the industry will meet key emissions targets and adopt l

about 2 years ago
Hefring Marine
Business Developments & Projects

Hefring Marine and BluePass team up to improve maritime technology in the Arabian Gulf

Icelandic marine technology and vessel intelligence systems provider Hefring Marine has entered a partnership with the UAE-based digital maritime and logistics platform BluePass aiming to introduce its solutions to companies and government entities and enhance environmental sustainability in the Ara

about 2 years ago
RMC delivers LNG-powered Spirit of Tasmania IV to TT-Line
Business Developments & Projects

RMC delivers LNG-powered Spirit of Tasmania IV to TT-Line

Finnish shipbuilder Rauma Marine Constructions (RMC) has delivered Spirit of Tasmania IV, an LNG-powered car and passenger (RoPax) ferry, to Tasmanian TT-Line Company.

about 2 years ago
Structural twin for FPSO can unlock multimillion dollar savings for offshore energy production; Source: Akselos
Business Developments & Projects

FPSO structural twin enabling assets’ life extension and multimillion-dollar savings for oil & gas operators

Akselos has unveiled its structural performance management (SPM) software designed to enhance asset performance, ensure uninterrupted operations, and extend the asset life of floating production, storage, and offloading (FPSO) vessels.

about 2 years ago
Illustration; Source: Nexans
Business Developments & Projects

Nexans sets aside €90 million to support European offshore wind growth

Nexans, a French manufacturer of subsea power cables, has unveiled a €90 million investment to build new and upgrade existing facilities to support the growth of offshore wind in Europe. The investment will begin in 2025 and run through 2026 when the work is planned to be completed. The funding will

about 2 years ago
Four persons with flashlights inspecting the interior of a metal construction
Business Developments & Projects

Eight new LNG carriers to feature French firm’s tanks

France’s technological containment specialist Gaztransport & Technigaz (GTT) has been hired by two Korean shipyards to design tanks for two sets of four new liquefied natural gas carriers (LNGCs) on behalf of an undisclosed shipowner.

about 2 years ago
Crown LNG plans to utilize gravity-based structures for LNG regasification and liquefaction facilities; Source: Crown LNG
Business Developments & Projects

Crown on the lookout for new LNG opportunities but postpones sanctioning of FSRU project in UK

Crown LNG has bumped to next year the final investment decision (FID) for its planned and fully owned floating liquefied natural gas (FLNG) import terminal in Scotland’s Firth of Forth.

about 2 years ago
A man in blue shirt working on a wave energy converter
Business Developments & Projects

Dutch wave energy converter step closer to multi-week testing

The Hague-based Wave Energy Collective (Weco) has completed testing of its wave energy converter (WEC) at the 24/7 Waves facility, clearing the path for further multi-week tests. At the 24/7 Wave facility, Weco said its WEC had generated electricity from 70 cm waves. “The test will help us prepare f

about 2 years ago
New industry platform zeroes in on clean maritime fuels uptake in Europe
Business Developments & Projects

New industry platform zeroes in on clean maritime fuels uptake in Europe

Maritime associations and interest groups including ECSA, FuelsEurope, eFuel Alliance, EWABA, HydrogenEurope, and Methanol Institute have established a new Clean Maritime Fuels Platform, an industry initiative aiming to enhance communication between the shipping sector and fuel producers. Representa

about 2 years ago
Nordsol and Attero open new bio-LNG production plant for maritime industry
Business Developments & Projects

Nordsol and Attero open new bio-LNG production plant for maritime industry

Dutch companies Nordsol and Attero have officially opened their new bio-LNG production plant for the maritime industry, FirstBio2Shipping, in Wilp, the Netherlands. Less than two years after reaching the final investment decision (FID), the partners held the opening ceremony for the new plant on Sep

about 2 years ago
Tesvolt Ocean
Business Developments & Projects

Tesvolt Ocean rolls out ‘Kaptein’ power storage solution

Tesvolt Ocean, a brand-new joint venture (JV) based in Lübeck, Germany, has developed a battery system that will enable significantly more ships in the maritime and inland shipping sector to be equipped with clean e-drives for the first time.

about 2 years ago
Spain’s energy giant Repsol has selected Norway’s IKM Operations, part of the IKM Group, as the provider of integrity management for its Norwegian fields.
Business Developments & Projects

Repsol awards five-year integrity management contract to Norwegian firm

Spain’s energy giant Repsol has selected Norway’s IKM Operations, part of the IKM Group, as the provider of integrity management for its Norwegian fields. The contract covers engineering tasks and inspections at Repsol Norge’s topside facilities and subsea installations/pipelines in the Yme, Rev, an

about 2 years ago