The UAE’s Abu Dhabi National Oil Company (ADNOC) and Italy’s Eni have signed a Memorandum of Understanding (MoU) which outlines a framework of cooperation for future joint projects on energy transition, sustainability, and decarbonisation. Through this agreement, Eni and ADNOC said they will explore
With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?
Via a project company Everfuel Greenstat Production 1 AS, Danish hydrogen fuel company Everfuel and Norwegian energy company Greenstat have signed an agreement with Norwegian producer Elkem for the long-term lease of land in the Fiskaa industrial area in Kristiansand, Norway, for the construction of
Oilfield services provider Saipem and engineering, procurement, and construction (EPC) services provider CTCI have commissioned and started up Nong Fab LNG receiving terminal in Thailand. According to Saipem, the terminal, with a capacity of 7.5 million metric tonnes per annum, will receive LNG from
Swedish company PowerCell has inked a contract to provide hydrogen solutions for two state ferries that operate on Norway’s longest ferry connection.
Norwegian shipowner Höegh Autoliners has agreed with the owner of the leased vessel Höegh Berlin to terminate the bareboat charter and purchase the vessel for a price of $34.25 million. According to Höegh Autoliners, the vessel was taken over on 1 March 2023. Höegh Berlin, built by Höegh at Daewoo S
US-based liquefied natural gas (LNG) company Excelerate Energy has secured a 5-year extension of its time charter agreement with Dubai Supply Authority (DUSUP) for the FSRU Explorer. Commenting on the announcement, Excelerate said it looks forward to continuing the partnership with DUSUP and remains
Construction has begun on AAL Shipping’s (AAL) first Super B-Class dual-fuel -ready heavy lift multipurpose vessel (MPV).
UK-based small-scale LNG company Avenir LNG and Shanghai SIPG Energy Service (SSES), a subsidiary of Shanghai International Port Group (SIPG), have delivered LNG to ZIM Integrated Shipping Services’ first LNG-fueled containership. According to Avenir, the 15,000 TEU ZIM Sammy Ofer was bunkered with
FlagshipONE plant, expected to be Europe’s largest commercial production facility for carbon-neutral marine fuels, will use a technology package from German company Siemens Energy. The package comprises four proton exchange membrane (PEM) electrolysers with a total capacity of 70 megawatts (MW), as
Bloom Energy, a US-based green energy company, has revealed that, in the first major marine deployment, its fuel cells demonstrated a significant increase in electrical efficiency. The 150kW solid oxide fuel cell platform provided auxiliary power to the luxury cruise ship called MSC World Europa whi
Tokyo-based shipping company IINO Kaiun Kaisha has conducted a trial on one of its chemical tankers using a marine biofuel blend delivered by British oil and gas company BP in Singapore. On 18 December 2022, IINO’s chemical tanker Chemroad Echo was supplied with B24 marine biofuel, consisting of 24%
Conversion of GasLog’s DNV-classed LNG carrier Gaslog Chelsea, which was recently renamed as Alexandroupolis, to a floating storage regasification unit (FSRU) has kicked off at the Keppel shipyard in Singapore. This marks the beginning of the work to develop Greece’s first FSRU which will serve as a
Germany-based energy company Uniper has reported that, on 28 February 2023, the final acceptance audit took place at the Wilhelmshaven LNG terminal allowing for the start of regular operations as of 1 March 2023. The audit was made by the responsible authorities under the leadership of the Oldenburg
