Business Developments & Projects
Romania’s Hidroelectrica and UAE’s Masdar forge ties for floating solar projects, eye offshore wind
The collaboration may be extended for another three years if the joint venture meets certain conditions during the initial three-year period, as proposed by the joint venture and approved by the board for the final investment decision (FID) phase.
JGC looking to boost competitiveness in hydrogen, ammonia and CCUS fields
JGC Holdings has decided to invest in AP Ventures Fund III to enhance its competitiveness in the exploration of technologies in the fields of hydrogen, ammonia and CCUS.
New biofuel-capable cement carrier to join Eureka Shipping next year
Eureka Shipping, a cement carrier services provider jointly owned by Cyprus-based SMT Shipping and Canada’s CSL Group, is building a biofuel-capable, shore power-ready mechanical/pneumatic cement ship.
Korean firm gets $99 million boost for US subsea cable factory
South Korean cable manufacturer LS Cable & System has received financial support from the U.S. Department of Energy (DOE) for its high-voltage submarine power cable factory in the U.S. LS GreenLink USA, a wholly-owned subsidiary of LS C&S, plans to build a manufacturing facility to produce high-volt
AET brings in Singfar’s LNG dual-fuel Aframax duo on long-term charter
AET, a petroleum arm of MISC, is advancing its fleet rejuvenation efforts with a new long-term charter for two LNG dual-fuel Aframaxes.
Norwegian firm hands over piece of equipment for Africa-bound FPSO ahead of deadline
Techouse has wrapped up its scope of work for a cylindrical FPSO with the delivery of a new sulphate removal unit (SRU).
ABS, US DOE team up on decarbonization of maritime operations
Classification society ABS and the U.S. Department of Energy (DOE) have signed a Memorandum of Understanding (MoU) to collaborate on clean energy development in the maritime domain and decarbonization of maritime operations.
Topsoe to build electrolyzer factory for clean hydrogen in US
Topsoe has chosen Virginia, U.S., to build a new factory that will manufacture SOECs for the production of clean hydrogen and derivatives like eAmmonia and eMethanol.
Aker BP’s North Sea field comes on stream
Aker BP has started production from a field in the North Sea, which has been tied back to an existing platform off the coast of Norway.
Wheels in motion to gauge commerciality of recent oil discoveries offshore Namibia
Galp is in the process of evaluating the commerciality of oil discoveries, which were made in the heart of Namibia’s Orange Basin.
Interview: Shaping up UK’s gas infrastructure to get it ready for hydrogen bonanza
Can hydrogen overcome the obstacles in its path to show it is the real deal in the fight against climate change?
‘World’s first’ ammonia dual-fuel Aframaxes ordered by MISC
Malaysia’s shipowner MISC has ordered and chartered out, via its petroleum arm AET, ‘the world’s first’ two ammonia dual-fuel Aframaxes.
Equinor starts FEED work for low-carbon hydrogen project in Netherlands
Equinor and Linde have started the front-end engineering design (FEED) of their joint investment in the H2M Eemshaven low-carbon hydrogen project in the Netherlands.
Trio joins hands to boost seafarers’ FSRU and LNG carrier servicing skills
KN Energies, the Lithuanian Maritime Academy, and Hoegh LNG Klaipėda have inked a deal to enhance LNG carrier and FSRU servicing skills.