US-based companies Excelerate Energy and Venture Global LNG have formed a new strategic partnership by executing a 20-year LNG sale and purchase agreement (SPA). The deal will see Excelerate purchase 0.7 million tonnes per annum (mtpa) of LNG on a free-on-board (FOB) basis from Venture Global’s Plaq
Yinson Green Technologies, through its subsidiary Yinson Venture Capital Pte., has made a strategic investment in Zeabuz AS, a Norwegian startup specializing in autonomous solutions for the maritime industry. The investment provides the foundation for YGT to work closely with Zeabuz in the developme
A consortium of Dutch companies has launched a government-backed project to explore the synergies between offshore wind, offshore solar and hydrogen production at sea for improved sustainability of North Sea renewable energy projects.
Countries need to move from years to weeks to develop and build their low-carbon energy infrastructure to meet the net-zero challenge.
Norwegian seismic player TGS and oilfield services company SLB have commenced an ultra-long offset ocean-bottom node (OBN) acquisition in Green Canyon, U.S. Gulf of Mexico. Engagement III is said to be the fifth multi-client ultra-long offset OBN acquisition in the Gulf of Mexico and is set to exten
Chicago-based ammonia producer CF Industries Holdings has signed a memorandum of understanding (MoU) with South Korean chemical company Lotte Chemical Corporation for a joint exploration of clean ammonia production and its long-term offtake into South Korea. The MoU will serve as a framework for the
Everfuel, a Danish green hydrogen provider, and Hy24, managing a clean hydrogen infrastructure fund, have partnered up for the creation of a joint venture (JV) to finance the development of electrolyser capacity across the Nordics. The agreement includes plans to invest a total of €200 million in eq
The dual-fuel vessel Cajun Sun has completed the first-ever net-zero voyage fuelled by bio-methanol, Methanex Corporation (Methanex) and Mitsui O.S.K. Lines (MOL) revealed. The Cajun Sun, operated by Methanex’s subsidiary Waterfront Shipping and chartered from MOL, departed from Geismar, U.S. on Jan
On a quest to decarbonise oil and gas field operations, four companies have teamed up to specify and fund pre-FEED for two emission-free power projects.
UK-headquartered energy major BP and partners have confirmed the development concept for the second phase of the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project off the coasts of Mauritania and Senegal. The partnership, which includes BP, PETROSEN, Société Mauritanienne
Norwegian company Havkraft has teamed up with a consultancy Translucidus to develop wave energy projects in Oman.
German liner major Hapag-Lloyd has signed a multi-year agreement for the supply of liquefied natural gas (LNG) with Shell Western LNG B.V (Shell). The LNG is intended for Hapag-Lloyd’s twelve ultra-large dual-fuel container vessels currently under construction at the South Korean shipyard Daewoo Shi
Samoa has launched a new multi-million Tala project to accelerate climate change mitigation efforts through the low-carbon transition of its land and maritime transport sectors away from the country’s heavy reliance on fossil fuels.
Swedish company Minesto has signed a collaboration agreement with Taiwan Cement Green Energy (TCCGE) to pursue tidal and ocean current energy buildout in Taiwan.
