Clean Fuel
Saipem to get over $600 million from two fresh deals
Saipem has been awarded two new offshore contracts for transportation and installation activities for a total amount of over $600 million.
Coral-Sul FLNG vessel ready to serve Mozambique
Italian oil and gas company Eni held the naming and sail away ceremony of the Coral-Sul FLNG at Samsung Heavy Industries shipyard in Geoje, South Korea. With a capacity of 3.4 million tonnes of LNG annually, the FLNG vessel will be located in the Rovuma basin offshore Mozambique. It marks the first
RWE to invest €50 billion in renewables, green hydrogen, energy storage
RWE will invest €50 billion gross in offshore wind and other renewables, hydrogen, flexible generation and batteries until 2030, by which time the company plans to double its portfolio to 50 GW from the previously planned 25 GW. In offshore wind, the company intends to triple its capacity from 2.4 G
In focus: COP26 shows world a glimpse of how it could be
In this week’s In Focus, we put spotlight on COP26 and energy transition updates which include biggest polluters pledging to joint action against climate change, oil majors joining forces for decarbonisation of energy and industry, and governments proposing phasing out coal and fossil fuel subsidies
Cheniere and Engie sign LNG supply agreement
U.S. LNG exporter and producer Cheniere Energy has signed a medium-term LNG supply agreement with French energy major Engie.
FSRU LNG Croatia receives 16th cargo and 1st one from Egypt
The FSRU LNG Croatia has received its 16th LNG cargo when LNG tanker Cool Explorer brought it from Egypt.
Teekay LNG Partners tops off Norwegian bond offer
Teekay LNG Partners, one of the world’s largest owners of LNG carriers, has priced NOK 1,000 million ($115,194) in new senior unsecured bonds that mature in November 2026 in the Norwegian bond market.
Purus Marine buys two LNG carriers
London-based maritime holding company Purus Marine has acquired two 180,000 cubic metres LNG carriers (LNGCs).
Shell and RWE team up on H2 production, use and distribution
Shell and RWE Generation have signed a memorandum of understanding (MoU) to jointly advance projects for the production, use and distribution of green hydrogen (H2).
AqualisBraemar LOC buys ship design business from Damen
Energy and marine consultancy AqualisBraemar LOC will acquire the UK operations of ship design and marine consultancy company OSD-IMT from Damen shipyards.
Scottish Enterprise, Marubeni jointly eyeing floating wind and green hydrogen projects
Scotland’s national economic development agency, Scottish Enterprise, and Japanese conglomerate Marubeni Corporation have signed a Memorandum of Understanding (MoU) to jointly explore opportunities in floating offshore wind and green hydrogen. The new partners have identified three key areas of coll
Sustainable transport firms unite around carbon-neutral bunkering
Sustainable cargo initiative GoodShipping has unveiled a new partnership with 18 companies that will substantially reduce emissions from shipping.
Aberdeen City invests $20.3 m in hydrogen hub
Aberdeen City Council has invested $20.3 million (£15million) to accelerate delivery of its hydrogen hub and reinforce efforts to build a hydrogen economy in this Scottish port city.
Berg teams up with Yaskawa/The Switch for electric propulsion
Berg Propulsion has signed a key supplier and cooperation agreement with Yaskawa Environmental Energy/The Switch to accelerate drive into electric propulsion.