Business Developments & Projects
Croatian import terminal to receive green ammonia from Brazil
Project developer Green Energy Park (GEP) has revealed plans to build a renewable ammonia facility in Piauí, Brazil, for exports to the proposed import terminal on the island of Krk, Croatia. To this end, GEP signed a letter of intent (LO) with The State of Piauí, Brazil, for the production and expo
Industry firsts: HD Korea Shipbuilding to fit Exmar’s LPG carriers with ammonia-powered engines
South Korean shipbuilding major HD Korea Shipbuilding & Marine Engineering will install ammonia dual-fuel engines in two 46,000-cubic-meter medium-sized LPG carriers that are being built for Belgian shipping company Exmar. The vessels, measuring 190 meters in length, 30.4 meters in width, and 18.8 m
In focus: The hard truths and wake-up calls in the global energy transition
As the world races towards a net-zero emissions future by 2050, it’s imperative to acknowledge some hard truths and heed the wake-up calls emerging from the latest reports and analyses. The energy transition journey is undoubtedly complex, laden with challenges and unearthing difficult realities as
More North Sea gas gushes out as cross-border project comes on stream ahead of schedule
ConocoPhillips has started production from a cross-border field in the North Sea six months ahead of schedule, ensuring more Norwegian gas for the energy market.
CorPower Ocean’s wave energy device starts exporting power to Portugal’s grid
CorPower Ocean has completed the first steps of the commissioning program for its commercial-scale wave energy converter – the CorPower C4 – enabling the device to start exporting power to the Portugal’s grid.
Vår Energi revamps oil spill detection technology on assets off Norway
Vår Energi has hired Vissim to fit a new and upgraded oil spill detection solution at its installations on the Norwegian continental shelf.
US firm orders subsea-tracked trenching vehicle to back offshore wind work
U.S. cable installation contractor Caldwell Marine International (CMI) has placed an order with Royal IHC Offshore Energy for a subsea-tracked trenching vehicle, expected to support its future work in the U.S. offshore wind sector. The scope of the contract award includes the new Amphibious Hi-Traq
Wallem appoints John Rowley as new CEO
The CEO of Wallem Group John-Kaare Aune is stepping down from his role following a transitional period, culminating in his departure in January 2024. Aune’s journey with Wallem commenced in 2019 when he assumed the role of Managing Director, Shipmanagement. Subsequently, in January 2021, he ascended
Equinor gets clearance to dispatch Odfjell rig for drilling ops in North Sea
Equinor has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Odfjell Drilling’s rigs.
CIMC SOE hosts delivery ceremony for Fratelli Cosulich’s LNG bunkering ship
China’s CIMC SOE has held a delivery signing ceremony for Italian shipowner Fratelli Cosulich’s 8,200 m3 LNG bunkering ship Alice Cosulich. The vessel has a total length of 113 m, a molded width of 20 m, a molded depth of 13.5 m, a design draft of 6.35 m and a load capacity of about 5,300 […]
With different decarbonization pathways in play, how are NOCs holding up against IOCs?
Wood Mackenzie points out that NOCs and IOCs are making progress at a different pace, as there are multiple roads to a sustainable world.
Brand new NEMMO tidal turbine blades ready for a spin at sea
The collaborative EU-backed NEMMO project has reached its last and most significant milestone – producing novel-design tidal turbine blades, three of which are being shipped to be fitted on Magallanes Renovables’ ATIR tidal energy platform in Scotland.
Engine concepts for maritime hydrogen applications next on MAN ES’ agenda
German engine manufacturer MAN Energy Solutions (MAN ES) has formed a partnership with industry leaders and research institutes to develop concepts for hydrogen-fueled medium-speed engines in the maritime sector. The partnership will work on the project dubbed ‘HydroPoLEn’, which is supported and fu
Jan De Nul puts world’s first all-electric launch and recovery system to test
MacArtney has delivered what it says is the world’s first all-electric launch and recovery system (eLARS) to Jan De Nul, supporting the company’s dedication to a sustainable energy transition. Jan De Nul utilized the eLARS on its offshore support vessel Symphony and the new cable trencher Swordfish.