German oil and gas company Wintershall Dea has signed a Memorandum of Understanding (MoU) with a consortium of companies to cooperate on the development of a CO2 hub in Denmark. The consortium plans to establish a CO2 hub called Greenport Scandinavia on the Danish North Sea coast, which is, among ot
German engine manufacturer MAN Energy Solutions (MAN ES) and Hong Kong-based ship manager Anglo-Eastern Ship Management Ltd have signed a cooperation agreement to work on the development of digital products and testing of engine performance.
Unions representing seafarers and maritime employers have signed a new memorandum of understanding (MOU) to take forward the ‘spirit of cooperation’ that marked the shipping industry’s joint efforts throughout the pandemic. The MOU’s signatories are the International Transport Workers’ Federation (I
Schneider Electric and Ocean Renewable Power Company (ORPC) have signed a memorandum of understanding to collaborate on microgrid projects and advance marine energy as a commercially-viable renewable energy source.
Aker Carbon Capture is joining UK recycling, renewable energy and waste management company Viridor on a pre-FEED study for a carbon capture and storage (CCS) project nearby Liverpool, which is set to be one of the first large-scale carbon capture projects at an energy-from-waste facility in the worl
BP, a multinational oil and gas company, and the Government of Egypt have signed a memorandum of understanding (MoU) for the exploration of the potential for establishing a new green hydrogen production facility in the country. The MoU was signed by BP, Egypt’s New and Renewable Energy Authority (NR
Focusing on ammonia as one of the next-generation eco-friendly energy sources, South Korean shipbuilder Hyundai Heavy Industries Group (HHI) has joined forces with Korea National Oil Corporation (KNOC) to develop an ammonia floating storage and regasification unit (FSRU). Ammonia FSRU is a ship that
Members of the OCEAN Alliance, CMA CGM, COSCO Shipping Lines, OOCL and Evergreen have signed the Ocean Alliance Day 7 Product, which will launch in January 2023 with 40 services and an annual capacity of 22.4 million TEUs. It has been announced that 26 dual-fuel, LNG-powered CMA CGM ships would be a
UK and US have formed a new energy partnership to increase energy security and drive down prices, as part of an initiative announced today by Prime Minister Rishi Sunak and US President Joe Biden. Under the new ‘UK-US Energy Security and Affordability Partnership’, the parties will work together to
DNV: As the UK is not on track to meet its mid-century targets, “a clear roadmap” needs to be set up to achieve net-zero by 2050.
Liverpool City Region has signed an agreement with Korea Water Resources Corporation (K-water) to cooperate and share lessons that could help the region develop the world’s largest tidal power scheme on the River Mersey.
“It is quite clear that liquid hydrogen is the cheapest option. It is much cheaper than ammonia when you look at the whole cycle of putting the hydrogen into the ammonia and taking the hydrogen out. If you can have liquid hydrogen which is stored without loss or very low loss, then liquid hydrogen i
Swedish company Minesto has signed two collaboration agreements to explore the development of tidal energy projects in in Nusa Tengara Barat region in Indonesia.
Japan’s oil and gas producer Inpex has executed a joint research agreement with Japan Organization for Metals and Energy Security (JOGMEC) to evaluate the potential of the Bonaparte Basin in Australia to become a large-scale carbon storage location. The parties will conduct joint research to support
