Business Developments & Projects
Stanlow Terminals to develop open-access green ammonia import terminal
Essar Group’s Stanlow Terminals has announced it will develop a major new open-access import terminal for green ammonia in the Port of Liverpool, UK. According to Stanlow, this new terminal, which will be an expansion of existing facilities, will provide the connecting infrastructure to enable signi
Wave power for subsea equipment demo starts off Orkney
An ambitious collaborative project to power subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, has taken to the seas in the north of Scotland.
9 e-methane-ready dual-fuel boxships joined CMA CGM’s fleet in 2022
French container shipping major CMA CGM welcomed nine e-methane-ready dual-fuel container ships into the fleet in 2022. The ships pertain to CMA CGM’s $10.2 billion investment in a fleet of 77 LNG-powered and “e-methane ready” vessels of which 32 are already in operation. The company also has six bi
K Line and Anglo American initiate collaborative decarbonisation research
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has teamed up with UK-based mining company Anglo American to start collaborative research on decarbonisation. To this end, the companies have signed a memorandum of understanding (MoU) regarding the establishment of a working committee for col
Shelf Drilling rig spins the drill bit at UK North Sea well
IOG plc has started drilling the second Blythe production well, as part of the Saturn Banks Project – Phase 1 in the UK Southern North Sea.
N-KOM and Kongsberg enter services partnership, LNG/LPG included
Nakilat-Keppel Offshore & Marine (N-KOM), founded from a joint venture between Qatar Gas Transport Company (Nakilat) and KS Investment, a wholly owned subsidiary of Keppel Offshore & Marine, and Norwegian tech company Kongsberg have signed a Memorandum of Understanding (MoU) to collaborate in mariti
Namaka Subsea gets to work with Petronas
Malaysian energy company Petronas has awarded consulting company Namaka Subsea with a contract for the provision of diving contractor and competency assurance services. “We are thrilled to have been selected by Petronas for this contract,” said Namaka Subsea’s Managing Director, Lee Duncan. “This is
HAV Hydrogen’s containerized H2 system for ships gets DNV’s blessing
Norwegian supplier of hydrogen-based energy systems for vessels HAV Hydrogen, a subsidiary of HAV Group, has received Approval in Principle (AiP) from DNV for its deck-based containerized hydrogen (H2) system for ships. The approval, awarded six months after the company announced its plans to launch
ADNOC and Eni ally on clean energy and sustainability
The UAE’s Abu Dhabi National Oil Company (ADNOC) and Italy’s Eni have signed a Memorandum of Understanding (MoU) which outlines a framework of cooperation for future joint projects on energy transition, sustainability, and decarbonisation. Through this agreement, Eni and ADNOC said they will explore
In focus: Tackling energy trilemma with oil & gas industry calling the shots
With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?
Everfuel and Greenstat enter lease agreement with Elkem for Hydrogen Hub Agder
Via a project company Everfuel Greenstat Production 1 AS, Danish hydrogen fuel company Everfuel and Norwegian energy company Greenstat have signed an agreement with Norwegian producer Elkem for the long-term lease of land in the Fiskaa industrial area in Kristiansand, Norway, for the construction of
Subsea link to Orkney steps closer to reality
UK energy market regulator Ofgem has provisionally approved SSEN Transmission’s plans to develop a subsea electricity transmission link to Orkney. SSEN Transmission submitted investment plans to Ofgem in March 2018 to build a new subsea transmission link to provide the additional capacity needed to
Spain-France subsea interconnector to be developed in spite of ‘sharp’ rise in prices
The Spanish regulatory authority the Comisión Nacional de los Mercados y la Competencia (CNMC) and the French counterpart the Commission de régulation de l’énergie (CRE) have reached an agreement on the distribution of financing for the electricity interconnector that will link France and Spain taki
PGS secures new 3D seismic acquisition contract in Namibia
PGS has entered into an agreement with an undisclosed client to conduct a 3D exploration acquisition contract offshore Namibia.