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Business Developments & Projects

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An offshore platform
Business Developments & Projects

Norwegian State bringing into its fold world’s ‘most extensive’ gas network for $1.6 billion

Norway’s Ministry of Energy has signed purchase agreements with seven companies forming part of three joint ventures (JV) that own “key” parts of the country’s gas transportation system. Agreements have been concluded with A/S Norske Shell, CapeOmega, ConocoPhillips Skandinavia, Equinor Energy, Hav

about 1 year ago
ORIX eyes up to 20% emissions reduction through biofuel trial
Business Developments & Projects

ORIX eyes up to 20% emissions reduction through biofuel trial

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Tokyo-based financial services company ORIX Corporation has decided to conduct a sea trial using biofuel on its owned vessel which is currently chartered by Danish shipping company Norden. The trial will the first time for ORIX to use biofuels on the owned vessel, specifically a fuel composed of a m

about 1 year ago
A large vessel at sea
Business Developments & Projects

ADNOC to supply India with LNG until 2036

ADNOC Gas, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has signed a ten-year liquefied natural gas (LNG) sales and purchase agreement (SPA) with India’s state-owned natural gas player GAIL.

about 1 year ago
SEFE, Eletrobras and EnerTech ally to supply green hydrogen to Germany
Business Developments & Projects

SEFE, Eletrobras and EnerTech ally to supply green hydrogen to Germany

Germany’s Securing Energy for Europe (SEFE), Brazil’s Eletrobras and Kuwaiti EnerTech have signed a joint study agreement (JSA) to supply Germany with 200,000 tons of green hydrogen per year produced from Brazilian hydropower, starting by 2030.

about 1 year ago
NREL’s wave-powered desalination device hits the water
Business Developments & Projects

NREL to make 2.0 version of wave-powered desalination device after first faced hiccups (Video)

Following months of data-driven insights from deployments off North Carolina’s Outer Banks, the U.S. National Renewable Energy Laboratory (NREL) is moving forward with a next-generation iteration of its hydraulic and electric reverse osmosis (HERO) wave energy converter (WEC), a wave-powered desalin

about 1 year ago
In midst of expansion initiatives, N-Sea to develop new-built operations support base
Business Developments & Projects

In midst of expansion initiatives, N-Sea to develop new-built operations support base

Netherlands-headquartered subsea solutions provider N-Sea Group is planning to develop a new-built operations support base in IJmuiden in 2025, said to enable it to support all offshore activities in the Europe region from one location. N-Sea Group has signed a contract to build a new operations sup

about 1 year ago
Tata Steel and ECOLOG join forces for Norway-Netherlands liquid hydrogen corridor
Business Developments & Projects

Tata Steel and ECOLOG join forces for Norway-Netherlands liquid hydrogen corridor

Dutch steel producer Tata Steel and Greek mid-stream carbon capture, utilization and sequestration (CCUS) service provider ECOLOG have signed an agreement with Norwegian green hydrogen project developer Gen2 Energy and the Port of Amsterdam to assess feasibility of creating a liquid hydrogen import

about 1 year ago
ERMA FIRST
Business Developments & Projects

ERMA FIRST acquires Ecochlor to expand global BWTS footprint

Greek ballast water treatment specialist ERMA FIRST has completed the acquisition of its US-based counterpart, Ecochlor, as part of its growth strategy to increase market share.

about 1 year ago
Plans unveiled for 10 GW hydrogen production facility in Malaysia
Business Developments & Projects

Plans unveiled for 10 GW hydrogen production facility in Malaysia

LBS, Invest Sabah, SAFODA and Midwest Green have signed a memorandum of understanding (MoU) for the development and construction of a green hydrogen production facility in Sabah.

about 1 year ago
One Italian approval to go for second interconnector to Malta
Business Developments & Projects

One Italian approval to go for second interconnector to Malta

Sicily has given its approval for the second interconnector between Malta and Italy, some eleven months after the project had been granted the development permit from the Maltese side. The IC2 interconnector will consist of a 122-kilometer high-voltage alternating current (HVAC) electrical cable int

about 1 year ago
Illustration; Source: TotalEnergies
Business Developments & Projects

TotalEnergies, Shell, BP, and Equinor to assist in tackling energy access woes with $500M pledge

Four energy giants – France’s TotalEnergies, Norway’s Equinor, and the UK-headquartered Shell and BP – have confirmed their plans to pool resources to help support access to energy with a $500 million joint investment commitment.

about 1 year ago
port
Business Developments & Projects

ZEMBA’s upcoming tender zeroes in on first commercial e-fuels deployment

Zero Emission Maritime Buyers Alliance (ZEMBA) has set sights on catalyzing the first commercial deployment of e-fuels in the maritime sector through its next tender, set to be launched in January 2025, enabling its members to abate around 470,000 metric tonnes of greenhouse gas (GHG) emissions. On

about 1 year ago
FPSO One Guyana; Source: SBM Offshore
Business Developments & Projects

SBM Offshore’s FPSO trio nearing finish line for first oil next year as ExxonMobil sets its cap on buying another Guyanese unit

SBM Offshore is putting the finishing touches in place to make three of its floating production, storage, and offloading (FPSO) vessels ready to start their assignments next year. Two of these will be deployed at oil fields offshore Brazil while one is destined for ExxonMobil’s project off the coast

about 1 year ago
New alliance looking into hydrogen pipeline connecting Indonesia and Singapore
Business Developments & Projects

New alliance looking into hydrogen pipeline connecting Indonesia and Singapore

Sembcorp Industries has signed a joint development framework agreement (JDFA) with PT PLN EPI and PT TGI to establish a potential hydrogen transportation pipeline connecting Sumatra, the Riau Islands in Indonesia and Singapore.

about 1 year ago