Business Developments & Projects
With another ship sale out of the way, Solstad sells vessels like hot cakes while other players snap them up
Solstad Offshore has sold an anchor handling tug supply (AHTS) vessel to a buyer, whose identity has not been revealed.
ORLEN’s LNG carrier Grażyna Gęsicka reaches Poland
The second vessel of the fleet of gas carriers being built for the ORLEN Group has arrived at the port in Świnoujście, Poland, with a cargo of liquefied natural gas (LNG). The vessel Grażyna Gęsicka delivered some 65,000 tons of LNG loaded at the Freeport terminal in the United States (U.S.). Daniel
WinGD, MISC partner on technology & training for ammonia engines
Swiss marine power company WinGD has entered into a collaboration agreement with shipowner and operator AET and maritime academy Akademi Laut Malaysia (ALAM), both part of MISC Group, to develop technology and training for ammonia engines.
Tyra II takes one step closer to first gas – gallery
The work on the export pipeline for TotalEnergies’ redevelopment project in the Danish North Sea has been completed.
In focus: CCS and renewables leading the energy transition race
The summer holiday season doesn’t seem to be slowing down the activities of the global energy sector. Energy companies are still moving strongly towards a low-carbon and sustainable future, with carbon capture and storage (CCS) and renewables serving as the main topics of the conversation. TotalEner
Yara and BASF to work on low-carbon blue ammonia project in U.S.
Yara Clean Ammonia (YCA), a subsidiary of Norwegian fertilizer company Yara International, and BASF, a German-based chemical producer, are collaborating on a joint study to develop and construct a low-carbon blue ammonia production facility with carbon capture in the U.S. Gulf Coast region. Accordin
Container shipping majors score big as Evergreen, CMA CGM, and Maersk add over 40 orders to the yards
The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to staggering 44 containerships, valued at over $5 billion. Evergreen has emerged as the biggest spender with a reported order of twenty-four 16,000 TE
Wavepiston and university partners get €2M grant for wave energy project
Danish company Wavepiston and its two university partners have secured a government grant of over €2 million for a wave energy research project.
Prysmian unveils new ‘challenging’ emission reduction targets on the road to net-zero
Prysmian Group has set new near-term and net-zero GHG emission reduction targets, which will enable it to reach its sustainability goals.
Welsh marine energy gets a boost with new collaboration deal
Marine Energy Wales and Morlais have signed a memorandum of understanding to enhance their collaborative efforts and accelerate growth of the marine energy sector.
WASP draws to a close with five vessels retrofitted
The EU-Interreg North Sea Region project, known as ‘WASP: Wind Assisted Ship Propulsion,’ has concluded with the retrofitting of five commercial vessels with wind-assist systems. As part of the project, three different wind propulsion technologies were rigorously tested, with third-party validations
Gen2 Energy looking into Provaris’ hydrogen shipping solution for its Åfjord project
Provaris Energy, an Australian developer of green hydrogen projects, and its Norwegian counterpart Gen2 Energy have teamed up to develop a large-scale European hydrogen supply chain. With this aim in mind, the parties signed a collaboration agreement to conduct a comprehensive pre-feasibility study
Eco Wave Power outlines plans for share repurchase program
Swedish-Israeli onshore wave energy company Eco Wave Power has set out plans to launch a share repurchase program in an effort to improve its capital structure and investment value.
What will two upcoming giant oil & gas developments in the North Sea bring?
Aker BP has revealed some of the benefits that its two recently greenlighted major developments off Norway are expected to bring.