There are some components in the energy industry, which are being largely overlooked during the transition to low-carbon and green sources.
Will this be the end of legal scrutiny and attempts to overturn the government’s approval for the giant $12-billion project?
Swedish-Israeli company Eco Wave Power has signed a Memorandum of Understanding (MoU) with maritime engineering company Lian Tat Company (LTC) to bring its wave energy technology to Taiwan. The two parties are planning to enter into negotiations for the establishment of a joint venture (JV) company
New Joint Forum, an initiative that will foster a dialogue between industry leaders and investors to advance decarbonisation with clean hydrogen and derivatives, has been launched. The Joint Forum was launched on 22 June by the Hydrogen Council, a global coalition of CEOs with a united vision and lo
KCA Deutag has secured new contracts and extensions with a total value of over $70 million in the UK sector of the North Sea.
Jersey Oil & Gas has completed the farm-out deal for a partial stake in an asset on the UK Continental Shelf (UKCS) to NEO Energy.
Danish shipping company Norden has placed a newbuilding order for six Supramax dry cargo vessels with Dalian COSCO KHI Ship Engineering (DACKS), a joint venture between COSCO Shipping and Kawasaki Heavy Industries. The 64,000 dwt vessels are slated for delivery in the next two to three years. “Placi
Hydrom, a subsidiary of Energy Development Oman SAOC (EDO), has entered two new agreements awarding green hydrogen projects in Oman. The agreements were signed with the winning bidders of round 1 of the Oman green hydrogen auction process during an event organised by Hydrom. This auction process pro
Orkney-based Green Marine has secured financing from Siemens Financial Services (SFS) with the aim of growing its offshore renewables offering. Green Marine stated that it was seeing a rapid growth opportunity driven by a massive increase in global interest in green energy sources and many businesse
Longboat Energy and JAPEX are expected to complete all the steps for the creation of their Norwegian joint venture (JV) by mid-July 2023.
Saipem has strengthened its financial structure and liquidity, after its two new credit facilities came into effect.
Prosafe has revealed a new timeline for the start of operations in the U.S. Gulf of Mexico for one of its semi-submersible vessels.
German chemical company K+S Aktiengesellschaft (K+S) and Swire Bulk have entered into a formal partnership to develop decarbonization solutions as they forge forward with efforts to decarbonize their operations and cut greenhouse gas emissions in the maritime supply chain. The partnership builds upo
Brooklyn-based technology startup Amogy has inked a pre-order contract for the supply of four of Amogy’s 200 kW ammonia-to-power systems with an undisclosed ‘renowned’ Norwegian shipping company. Amogy said that the newbuild vessel will be outfitted with a total of 800 kW of Amogy powerpacks, adding
