Business Developments & Projects
Blue World Technologies introduces methanol fuel cell-based power generator
Danish fuel cell developer and manufacturer Blue World Technologies has launched CellPack™ Stationary, a methanol fuel cell-based power generator. According to Blue World, with high efficiency, a continuous power output, a pure methanol fuel system, and IoT-based remote monitoring, the CellPack™ Sta
Offshore wind partners unveil large-scale green hydrogen and e-fuel project in Baltic Sea
The Sweden-based company OX2 and the Bank of Åland, who are jointly developing two multi-gigawatt-scale offshore wind farms in Finland, have initiated a feasibility study on Mega Grön Hamn (Mega Green Port), a project involving large-scale production and distribution of hydrogen and e-fuel in Åland.
Iberdrola to develop 25MWp floating solar project in France
Spanish renewable energy group Iberdrola has been awarded its first floating solar power project in France, to be developed at Alsace region located in northeastern part of the country.
Scale Gas and Knutsen launch first LNG bunker vessel built in Spain
Enagás subsidiary Scale Gas and Norwegian vessel operator Knutsen Group have inaugurated the first liquefied natural gas (LNG) bunkering barge Haugesund Knutsen built in Spain. The vessel, chartered by Shell Spain and built by Astilleros Armón Gijón, will operate in the Port of Barcelona and promote
‘Major’ oil and gas operator picks UK firm to back P&A campaign
UK-headquartered supplier of downhole sealing solutions and technology BiSN has secured a contract with what it describes is a “major oil and gas operator” to deploy its alloy barrier technology in the North Sea. Under the three-year contract, which features two one-year extensions, BiSN will provid
New task for Equinor to address nonconformities on FPSO
Norway’s offshore safety regulator is awaiting a response from Equinor regarding the way the identified nonconformities will be sorted out.
Greenabl Shippers Association: Logistics industry launches green supply chain coalition
The logistics industry is taking a major step towards sustainability with the launch of Greenabl Shippers Association, the first not-for-profit cooperative procurement group committed to decarbonizing the transportation sector. Managed by Bluspark, the association brings together expertise in ocean
GKinetic secures planning permission for hydrokinetic turbine array in Ireland
Limerick City and County Council has granted planning permission to local clean energy developer GKinetic to deploy three of its hydrokinetic turbines just upstream of Thomond Weir in the heart of Limerick City in Ireland.
Fincantieri floats out eco-friendly cruise ship for Regent Seven Seas Cruises
Italian shipbuilder Fincantieri has launched a new eco-friendly cruise ship for Regent Seven Seas Cruises, a brand of Norwegian Cruise Line Holdings.
Shell doubles profit in 2022 to record-breaking $40 billion
Shell recorded the highest-ever profit of nearly $40 billion in 2022, which has come under fire from NGOs and environmentalists.
‘Abundance’ of gas pay at Black Sea well exceeds expectations
Trillion Energy has drilled another well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.
On emission reduction quest, Odfjell Drilling furnishes rig with new upgrade
Offshore drilling contractor Odfjell Drilling has upgraded one of its semi-submersible drilling rigs with a hybrid system to curb emissions.
Urgent need for change in ship recycling sector: 80% of ships scrapped on South Asian beaches
A total of 443 ocean-going commercial ships and offshore units were sold for scrapping in 2022, data from NGO Shipbreaking Platform shows. Of these, 292 large tankers, bulkers, floating platforms, cargo- and passenger ships ended up for dirty and dangerous breaking on tidal beaches in Bangladesh, In
Euronav says ousting of entire Supervisory Board not a good idea
Belgian tanker shipping company Euronav believes that the recent request from its shareholder Compagnie Maritime Belge (CMB) to replace the entire Supervisory Board is not a good idea. CMB’s request came on the back of the fallout between Euronav and John Fredriksen’s Frontline on the planned mega-m