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Business Developments & Projects

TES to develop CO2 export terminal at its Wilhelmshaven Green Energy Hub

Tree Energy Solutions (TES), a Belgium-based producer of electric natural gas derived from green hydrogen (e-NG), is advancing its Green Energy Hub in Wilhelmshaven, Germany, with the development of a liquid CO2 export terminal.

about 1 year ago

Business Developments & Projects

CSET sets up new entity focused on LPG shipping and hydrogen

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China’s tanker major COSCO Shipping Energy Transportation (CSET) has established a new subsidiary centered around LPG fleet development and hydrogen-based new energy business.

about 1 year ago

Business Developments & Projects

Multi-vessel deal sets the seal on QatarEnergy’s massive LNG shipbuilding quest

QatarEnergy has crossed the finish line for its historic LNG fleet expansion program by inking long-term time charter party (TCP) agreements with the joint venture (JV) of Japan’s Mitsui O.S.K Lines Ltd. (MOL) and China’s COSCO Shipping LNG Investment (Shanghai) Co. Ltd. (CSLNG) for six QC-Max size

about 1 year ago

Business Developments & Projects

Ocean Winds hires Føn Energy Services in Scotland

Ocean Winds, a 50/50 joint venture between EDP Renewables and ENGIE, has contracted Føn Energy Services to provide a fully integrated Balance of Plant (BoP) operations and maintenance (O&M) service program for the Moray East and Moray West offshore wind farms in Scotland. The contract is valid for t

about 1 year ago

Business Developments & Projects

US players team up on ‘landmark’ LNG export terminal in Texas

PIC Americas has selected CryoSys, a compatriot provider of gas processing and liquefied natural gas (LNG) technology, to supply pretreatment and liquefaction solutions for its planned development of an LNG export facility on the Texas Gulf Coast.

about 1 year ago

Business Developments & Projects

UK’s first ever carbon storage becoming a reality, first injection expected in 2027

The North Sea Transition Authority (NSTA) has awarded the Northern Endurance Partnership (NEP), comprising BP, Equinor and TotalEnergies, with the first-ever carbon storage permit in the UK. The project, located around 75 kilometers east of Flamborough Head, off Teesside on England’s east coast, is

about 1 year ago

Gas leak at Nord Stream 2 pipeline as seen from a Danish F-16 interceptor near Bornholm, Denmark on 27 September 2022.

Business Developments & Projects

Hybrid warfare paints ‘gray zone’ targets on shipping and offshore energy infrastructure

With the swift surge in geopolitical upheavals, a rising tide of offshore security risks is playing out across the globe, putting vessels, undersea cables, and offshore oil and gas installations in danger of increasingly becoming sitting ducks for “gray zone” attacks, which WTW interprets as actions

about 1 year ago

The U.S. Patent and Trademark Office has granted the U.S.-based marine energy company C-Power a patent for its SeaRAY ocean energy converter.

Business Developments & Projects

DNV confirms feasibility of C-Power’s ocean energy systems

U.S.-based marine energy company C-Power’s SeaRAY ocean energy system has secured a statement of feasibility from third-party verifier DNV, paving the way for its deployment at PacWave South, located off the Oregon coast, in 2025. C-Power’s CTO, Ryan Calder said: “Third-party qualification milestone

about 1 year ago

Business Developments & Projects

Air Liquide wins €110 million EU grant for large-scale ammonia-to-hydrogen project

Air Liquide has been awarded a grant of €110 million from the European Innovation Fund for its ENHANCE project in the Port of Antwerp-Bruges, Belgium, that aims to produce and distribute low-carbon and renewable hydrogen derived from ammonia.

about 1 year ago

Commonwealth LNG design; Source: Commonwealth LNG

Business Developments & Projects

US LNG export projects on hold until environmental reviews are out of the way

As the Department of Energy (DOE) has confirmed the environmental reviews will need to be completed with all agencies before pending projects can get back on track, the pause appears to still be in effect, even though a preliminary injunction from a court in Louisiana seemingly ended a temporary lul

about 1 year ago

Business Developments & Projects

CSET: ‘World’s first’ LNG dual-fuel VLCC gets on UNGC’s ESG+20 list

Yuan Rui Yang, the “world’s first” liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC), has been selected as one of the top 20 corporate sustainability case examples by the United Nations Global Compact (UNGC).

about 1 year ago

Petronas' Malaysian LNG Complex at Bintulu, Sarawak; Source: Petronas

Business Developments & Projects

TotalEnergies takes over gas assets offshore Malaysia

TotalEnergies has expanded its gas portfolio with more assets off the coast of Malaysia by wrapping up the acquisition of stakes OMV and Sapura Upstream held in SapuraOMV Upstream Assets, a Malaysian independent gas producer and operator.

about 1 year ago

Business Developments & Projects

With building permit secured, Polish FSRU project ready for execution stage

Poland’s gas transmission system operator Gaz-System has obtained a building permit for the floating storage and regasification unit (FSRU) that will form part of the country’s second liquefied natural gas (LNG) terminal, in the Gulf of Gdańsk.

about 1 year ago

Large-scale North Sea CO2 storage gallops ahead as Danish project reaches FID

Business Developments & Projects

EU’s first full-scale CO2 storage facility gallops ahead as Danish project reaches FID

The consortium partners behind Project Greensand have taken the final investment decision (FID) for what is the first full-scale carbon storage facility in the EU, investing $150 million in commercial agreements across the entire value chain, from CO2 emitters to logistics, storage, and shipping. On

about 1 year ago