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Business Developments & Projects

Dow joins HEH consortium for Stade LNG terminal
Business Developments & Projects

Enagás closes deal to acquire 10% stake in Germany’s HEH

Spanish transmission system operator (TSO) Enagás has finalized the acquisition of 10% of the shares of Hanseatic Energy Hub (HEH), a consortium in which it participates as an industrial partner. With its 10% stake, Enagás joins the consortium formed by the Buss Group (founding shareholder), Partner

about 3 years ago
Asso.subsea ticks Viking Link off its to-do list (Gallery)
Business Developments & Projects

Asso.subsea ticks Viking Link off its to-do list (Gallery)

Asso.subsea has completed the burial and protection operations for the Viking Link interconnector that is connecting Denmark and Great Britain. Asso.subsea was contracted by Prysmian Group in 2020 to execute the seabed preparation, burial and protection works in a three-year campaign, from 2021 to 2

about 3 years ago
LR awards first approval for ammonia two-stroke engine to WinGD
Business Developments & Projects

LR awards first approval for ammonia two-stroke engine to WinGD

Swiss marine power company WinGD has received the first-ever approval in principle (AiP) from Lloyd’s Register (LR) for its two-stroke engines fueled with ammonia. According to WinGD, LR’s approval for the X-DF-A dual-fuel range will give shipowners assurance they need to realize vessels using ammon

about 3 years ago
Greece and Saudi Arabia establish joint venture company to develop electricity link
Business Developments & Projects

Greece and Saudi Arabia lay foundation for development of electricity interconnector

Greece and Saudi Arabia have agreed to establish a special purpose company for the development of an electricity interconnector between the two countries. Chairman of the Board and CEO of Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) Manos Manousakis and the

about 3 years ago
Leclanché secures new ferry electrification project in Norway
Business Developments & Projects

Leclanché secures new ferry electrification project in Norway

Swiss energy storage solutions provider has secured a contract with Norwegian system integrator Brunvoll Mar-El for the electrification of a conventionally powered Norwegian ferry. Leclanché said it was selected by Brunvoll to support the retrofit of the MF Rygerbuen passenger and vehicle ferry into

about 3 years ago

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FPSO Petrojarl Knarr; Source: Altera Infrastructure
Business Developments & Projects

Multi-billion investment on the horizon, as UK greenlights giant Rosebank oil field

The North Sea Transition Authority has now given its blessing for the development of the controversial Rosebank field on the UKCS.

about 3 years ago
UNCTAD: Up $28 bln extra required to decarbonize shipping
Business Developments & Projects

UNCTAD: Up $28 bln extra required to decarbonize shipping

While the push for eco-friendly shipping is commendable, it comes with a hefty price tag, potentially affecting small island developing states (SIDS) and least developed countries (LDCs) that rely heavily on maritime transport. According to a recent UNCTAD report, the transition to decarbonized ship

about 3 years ago
A photo of the Kincardine floating wind farm in Scotland
Business Developments & Projects

Spanish developer proposes three floating wind farms in Portugal

Capital Energy, a renewable energy project developer based in Spain, has submitted applications for environmental assessments for three floating offshore wind farms in Portugal with a total capacity of 2 GW. Named Parque Eólico Offshore Barlavento, Parque Eólico Offshore Carvela and Parque Eólico Of

about 3 years ago
Sunfire’s SOEC produces first hydrogen at RWE’s site in Lingen
Business Developments & Projects

Sunfire’s SOEC produces first hydrogen at RWE’s site in Lingen

The GET H2 TransHyDE joint project, based in Lingen, Germany, has reached a milestone with hydrogen produced for the first time on the site of the RWE gas-fired power plant in Emsland (KEM) using a high-temperature solid oxide electrolyzer (SOEC) from Sunfire. The electrolyzer, which is installed in

about 3 years ago
Survey wraps up at TotalEnergies' CO2 storage license
Business Developments & Projects

Survey wraps up at TotalEnergies’ CO2 storage license

Shearwater GeoServices has completed a carbon storage survey project in the Danish North Sea for French energy giant TotalEnergies. The survey covers a CO2 geological storage license awarded to TotalEnergies earlier this year. To remind, the Danish Ministry of Climate, Energy and Supply announced on

about 3 years ago

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Business Developments & Projects

Bunkering ammonia not so dangerous after all?

Safety concerns surrounding ammonia bunkering and the design of ammonia-bunkering vessels are in the spotlight as the maritime industry explores ammonia as a potential green fuel. Despite ammonia’s well-known toxicity, it has been successfully transported as cargo on LPG ships in recent years. Now,

about 3 years ago
KBR nets blue hydrogen tech and FEED contract for EET Hydrogen HPP2 unit
Business Developments & Projects

KBR nets blue hydrogen tech and FEED contract for EET Hydrogen HPP2 unit

U.S. engineering company KBR has been awarded a blue hydrogen process technology and front-end engineering design (FEED) contract by Essar Group’s EET Hydrogen, formerly Vertex Hydrogen, for its planned HPP2 low-carbon hydrogen facility at HyNet, the UK’s industrial decarbonization project. Under th

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Business Developments & Projects

IEA’s net-zero recipe: Going green and slashing fossil fuels’ role in energy mix while pursuing ‘equitable’ transition

The IEA believes that the path to limiting global warming to 1.5 °C has narrowed, however, clean energy growth is still keeping it open.

12 minutes read
UK and Germany forge hydrogen partnership
Business Developments & Projects

UK and Germany forge hydrogen partnership

UK and Germany have signed a Joint Declaration of Intent to collaborate on the development of an international hydrogen industry. The new agreement was signed on September 26, 2023, at the UK Embassy in Berlin, by Minister for Energy Efficiency and Green Finance Lord Callan and Federal Republic of G

about 3 years ago