Cruise company Hurtigruten Norway has received over NOK 67 million ($6.7 million) for its first zero-emission ship.
Canada-based designer and manufacturer of electrolyzers Next Hydrogen Solutions has been awarded $5.1 million from Sustainable Development Technology Canada (SDTC) towards the development and demonstration of its next-generation electrolysis technology. “We are delighted with SDTC’s decision to supp
On 20 December, Massachusetts Governor Charlie Baker and Lt. Governor Karyn Polito announced the award of $180 million in funding for projects supporting offshore wind development, with a part of this earmarked for Prysmian’s high-voltage cable factory in Somerset. The Massachusetts government will
Abu Dhabi National Oil Company (ADNOC) is acquiring a 24.9 per cent shareholding in Austrian oil and gas company OMV from Mubadala Investment Company. Österreichische Beteiligungs AG (ÖBAG), an Austrian independent holding company, holds 31.5 per cent, with the remaining share capital in free float.
Seven hydrogen projects in the Netherlands have received a subsidy of almost €800 million from the second wave of Hydrogen Important Projects of Common European Interest (IPCEIs). The projects that received the financial support were assessed by The Netherlands Enterprise Agency (RVO) in the past mo
France’s TotalEnergies and Italian Eni, two oil and gas majors, have made a new gas discovery at the Zeus-1 well in Block 6 located offshore Cyprus. The Zeus-1 well encountered 105 meters of net gas pay in carbonate reservoirs, which, as the partners said, re-enforces the promising outlook for the a
Dutch FPSO operator SBM Offshore has resumed production from the floating, production, storage and offloading (FPSO) vessel Cidade de Anchieta, working offshore Brazil, following a shutdown that occurred at the beginning of the year. The FPSO’s production was interrupted in January when oil was obse
NEOM Green Hydrogen Company (NGHC) has signed facility agreements with local, regional, and international banks along with the execution of a commitment letter with the Saudi Industrial Development Fund (SIDF) for a mega green hydrogen plant, set to produce green ammonia, in NEOM, Saudi Arabia. Loca
Swedish green electrofuels developer Liquid Wind has informed that its partner, Danish offshore wind developer Ørsted, will acquire full ownership of the FlagshipONE project, the largest green electrofuel facility in Europe that has reached a final investment decision (FID). The project was develope
European energy ministers have reached a political agreement under which the price of natural gas in the European Union will be capped in case it reaches excessive levels that do not reflect world market prices. The mechanism will be automatically activated in case the month-ahead price on the Title
Air Liquide Engineering and Construction (Air Liquide) has won a liquefaction contract for Woodside Energy’s proposed H2OK hydrogen project in Oklahoma, US. According to the contract, Air Liquide will provide the engineering and fabrication of two 30 tonnes per day liquefaction units which will liqu
US energy company NextDecade has signed a long-term sale and purchase agreement with Portuguese counterpart Galp for the supply of liquefied natural gas (LNG) from its Rio Grande LNG export project in Brownsville, Texas. Under the 20-year agreement, Galp will purchase 1.0 million tonnes per annum (m
Norwegian company Ocean Sun has received a grant from the Research Council of Norway to further develop its floating solar technology.
The governments of Norway and France have signed a letter of intent (LoI) to cooperate on the development and deployment of carbon capture and storage (CCS). The aim of the agreement is to promote the development of CCS by creating a framework for cooperation between the two countries to facilitate
