Clean Fuel
Oil and gas to catapult global energy spending to record highs in 2022, Rystad says
Surging oil, gas and power prices together with the EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.
First steel cut for Scandlines’ zero-emission hybrid ferry
The first steel plates for Scandlines’ new zero-emission ferry were cut at the Cemre shipyard in Turkey on 4 April 2022.
UK plans to ensure energy independence by scaling up renewables while maximising North Sea production
In light of the war in Ukraine and amid rising concerns over energy security, the UK government has moved to strengthen its energy security.
Finland and Estonia team up to build FLNG terminal
Finland’s ministries support the leasing of a floating LNG terminal together with Estonia to become independent from Russian gas.
World’s first use of SNG in commercial shipping cuts GHG emissions
A 1,036 TEU containership has reduced its greenhouse gas (GHG) emissions by 27% by operating on a blend of climate-neutral, synthetic natural gas (SNG) and conventional liquefied natural gas (LNG), compared to LNG alone.
Saipem scores $150M maintenance contract for Mozambique’s Coral Sul FLNG
Italian offshore contractor Saipem has been awarded a $150 million maintenance contract for Eni’s Coral Sul FLNG offshore Mozambique.
Golar LNG sales shared in NFE to raise $250M for FLNG
LNG shipper Golar has sold a part of its shares in gas-to-power developer New Fortress Energy (NFE) to invest in FLNG projects.
EverLoNG ship-based carbon capture project wins EU funding
A cross-boundary project involving science and industry experts has landed €3.4 million ($3.7 million) from an EU climate action fund to accelerate the uptake of ship-based carbon capture (SBCC) by international shipping companies.
LNG-fueled PCTC design wins DNV approval
GTT and Deltamarin have been awarded an approval in principle from the Norwegian classification society DNV for a new LNG-fueled PCTC design.
Canada caught between a rock and a hard place as decision on giant new oil project draws near
The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.
Russia’s war in Ukraine will not hinder Europe’s energy transition, DNV says
DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.
Concordia Damen, STC pick Zepp.solutions for training vessel
Concordia Damen and STC Group have picked zepp.solutions to supply a hydrogen fuel cell system and storage solution for a training vessel.
Chariot, Port of Rotterdam ink green hydrogen import MOU
Chariot, an Africa-focused transitional energy company, has signed a memorandum of understanding (MoU) with the Dutch Port of Rotterdam International, a global energy hub and Europe’s largest seaport which handles a significant portion of Europe’s total energy demand.
Jiangnan orders GTT tank design for its 1st large LNGCs
Chinese shipyard Jiangnan has ordered tank design for two large LNG carriers (LNGCs) from the French LNG containment specialist GTT.