US energy and petrochemical giant ExxonMobil has signed a strategic cooperation framework agreement with China Oil and Gas Pipeline Network Corporation (PipeChina) to collaborate on a number of business opportunities. With this agreement, the companies will enhance existing cooperation in the Chines
French companies TotalEnergies and Air Liquide have signed a long-term contract to produce and valorise renewable, low-carbon hydrogen at the Grandpuits zero crude platform. The contract will see TotalEnergies purchase the hydrogen produced for the needs of its platform while Air Liquide will invest
Shipping organizations are urging politicians in the European Union to agree on a life-cycle approach of green fuels for the shipping industry in order to kick-start the necessary investments and deliver on the emission reduction targets from the Paris Agreement and the EU Green Deal. An open letter
Swedish company Ocean Harvesting Technologies has secured grant funding from the Swedish Energy Agency to perform sea trials of its InfinityWEC wave energy device.
Aibel has secured an extension for maintenance and modification (M&M) work on the Johan Sverdrup field in the North Sea off Norway.
Japanese energy giant JERA has teamed up with compatriot shipping majors Nippon Yusen Kabushiki Kaisha (NYK) and Mitsui O.S.K. Lines (MOL) on the transportation of fuel ammonia for the Hekinan Thermal Power Plant, expected to begin commercial operation in the late 2020s. The three companies signed M
In the aftermath of COP27, many argue that very little progress was made on the phasing out of fossil fuels.
The governments of India and Norway have held the 8th Norway-India Joint Working Group Maritime meeting to discuss the green maritime future.
Industrial gas supplier Air Products and Oiltanking Deutschland, a subsidiary of energy company Mabanaft, plan to build Germany’s first large-scale, green energy import terminal in the Port of Hamburg. The companies have signed a joint development agreement as an important step towards the developme
Dutch-Norwegian company SolarDuck and its consortium partners have received a €7.8 million project subsidy from the Netherlands Enterprise Agency (RVO) to develop, test and validate the Merganser floating solar energy platform in harsh North Sea weather conditions.
Conenergy, a Germany-based investor in the European energy industry, has joined the Xlinks Morocco-UK Power Project with a multi-million-pound investment. Xlinks and Conenergy have entered into a financial and strategic partnership to collaborate on the link that will offer an exclusive supply of re
Maran Dry Management Inc., a dry bulk shipping unit of the Angelicoussis Group, has signed a joint development project (JDP) agreement with the Italian classification society RINA and Shanghai Ship Research and Design Institute (SDARI) for an LNG and hydrogen-powered bulk carrier. The project will b
A joint venture between KBR and SOCAR has been awarded a contract by BP for the delivery of an unmanned compression platform in Azerbaijan.
The Suez Canal Container Terminal (SCCT), majority owned and operated by Maersk’s APM Terminals, has signed a concession agreement with the Suez Canal Economic Zone (SCZONE) for the expansion of the terminal. The $500 million agreement purports “financing, design, construction, management, and opera
