Business & Finance
Eni and partners to build new open digital platform for energy transition players
Eni, the Boston Consulting Group (BCG), and Google Cloud are building a new open digital platform for companies committed to the energy transition.
GE orders Saint-Nazaire CTVs
GE Renewable Energy has placed an order with the joint venture of Louis Dreyfus Armateurs and Tidal Transit for two crew transfer vessels (CTVs) for the Saint-Nazaire offshore wind project in France. The joint venture LD Tide selected naval architects MAURIC to design the CTVs and French shipyard OC
South Africa: Partners renew licence located next to Total’s discoveries
New Age Energy and its partner Tower Resources have entered the second exploration period of the Algoa-Gamtoos license located offshore South Africa.
BW Group acquires 39.1 % interest in Navigator Holdings
BW Group Limited has bought a 39.1% equity interest in Navigator Holdings, owner and operator of the world’s largest fleet of handysize liquefied gas carriers, from WL Ross. Navigator Holdings has a fleet of 38 semi- or fully-refrigerated liquefied gas carriers, 14 of which are ethylene and ethane c
Clean Energy inks deals for over 58 million gallons of RNG
Clean Energy Fuels Corp. has won new deals for more than 58 million gallons of Redeem renewable natural gas (RNG) to accommodate continued demand in heavy-duty trucking, solid waste, and public transit sectors.
Atlantic Shores partners up with SJI for green hydrogen pilot
Atlantic Shores Offshore Wind has entered into a partnership with South Jersey Industries (SJI) to collaborate on a green hydrogen pilot project in New Jersey. The two parties signed a Memorandum of Understanding (MoU) to explore using the excess electricity generated from offshore wind projects to
New CFO to join Equinor next year
Equinor has appointed Ulrica Fearn as its chief financial officer (CFO) and executive vice president, with effect from 16 June 2021.
Poseidon Principles signatories release their 1st green financing report
The first disclosure report from the 15 signatories of the Poseidon Principles shows that the ship finance portfolios of three banks are aligned with the UN decarbonization targets while those of the remaining 12 banks are not. The climate assessment offers banks new insight into their lending decis
New name revealed for Premier-Chrysaor combination
UK oil and gas company Premier Oil will be renamed Harbour Energy following the completion of its merger with Chrysaor expected by the end of 1Q 2021.
Denmark and Netherlands exploring opportunities for joint offshore energy hub
The Netherlands and Denmark have signed an Agreement of Intent (AoI) to together explore opportunities for an offshore energy hub in the North Sea. Under the deal, TenneT, Gasunie and Energinet will carry out further research on the development of the joint energy hub for connecting offshore wind fa
Aker Solutions gets another Johan Sverdrup job
Norwegian oil and gas company Equinor has awarded Aker Solutions a contract for the hook-up of the fifth platform on the Johan Sverdrup field off Norway.
Seadrill left vulnerable due to lack of new agreement with lenders
Forbearance agreements between Seadrill Limited and its creditors related to senior secured credit facility agreements and leasing arrangements have expired.
E.ON taps RWE for more offshore wind power
RWE Renewables has signed a Power Purchase Agreement (PPA) with E.ON UK for the electricity produced by the Humber Gateway offshore wind farm in the UK. E.ON UK will offtake 100% of the project’s electricity from 2022 until 2035, which also includes the Renewable Obligation Certificates (ROCs). The
Norway approves carbon transport and storage project
Following a historic vote in parliament, the Norwegian Government on Tuesday announced its funding decision for the Northern Lights CO2 transport and storage project in Norway. The project will enable the shipping, reception, and sequestration of CO2 in geological strata in the Northern North Sea, a