thyssenkrupp Uhde, a Germany-based subsidiary of thyssenkrupp Group that specialises in chemical engineering, and the Abu Dhabi National Oil Company (ADNOC) have signed a Memorandum of Understanding (MoU) to explore a long-term partnership to create new markets for hydrogen and promote global clean
British energy company BP has revealed plans to evaluate the feasibility of building a new hydrogen hub and utilise repurposed oil and gas facilities to transport hydrogen in Germany. According to BP, the project would be located in Wilhelmshaven and include an ammonia cracker which could provide up
Energy infrastructure company Gasunie has partnered up with the storage operator STORAG Etzel for H2CAST, the hydrogen storage project in the Etzel caverns in the German state of Lower Saxony. Gasunie said that with H2CAST, which stands for H2 CAvern Storage Transition, the two companies, together w
In 2022, HAROPA PORT, France’s leading port, saw over half a billion euros invested in the development of a decarbonized industrial cluster at the port. “The ecological and energy transition account for 16% of the port’s investments in 2022 and will increase to 19% in 2023,” the port authority said.
London-based design and engineering consultancy Houlder has teamed up with Athens-based integrated energy solutions provider Blue Sea Power on gas-to-power projects. Specifically, the companies are collaborating to develop three innovative floating LNG-to-power barges (FSRPs). The FSRP barges, which
Technology company Rolls-Royce has conducted tests of a 12-cylinder gas variant of the mtu engines running on 100% hydrogen fuel, marking a step towards the commercial introduction of hydrogen solutions. The tests of a 12-cylinder gas variant of the mtu Series 4000 L64 engined powered by pure hydrog
A new three-part plan to unleash American energy confirms the reign of oil and gas is far from over, but the shift to low-carbon is the industry’s paradigm.
The US, Canada, and Mexico have ‘committed to combatting the climate crisis’ by working together on the development of a clean hydrogen market in North America. At the conclusion of the North American Leaders’ Summit, the countries agreed to work together in six areas, including methane emissions re
Spanish energy company Enagás has reached an agreement with Germany’s Uniper to acquire a 20% stake in the Dutch BBL Company, an owner of a 235-kilometre subsea gas interconnection between the Netherlands and the UK. Enagás concluded the deal as part of the objectives of its strategic plan to contri
The State Oil Company of the Republic of Azerbaijan (SOCAR) and the United Arab Emirates’ Masdar have entered into a partnership on offshore wind and green hydrogen projects in Azerbaijan. Under a joint development agreement, signed in Abu Dhabi on 15 January within the framework of Azerbaijan’s Pre
The majority of the newbuilding tonnage ordered in 2022 was alternatively fuelled, according to the data from Clarksons Research. Insights from the shipbroker show that 61% of tonnage ordered last year (35% by number) was alternatively fuelled. Overall, 83.4 million dwt was ordered across vessel sec
The UK and UAE have signed a Memorandum of Understanding (MoU) expected to help facilitate the sharing of technical knowledge, advice, skills, and expertise, opening up new avenues for cooperation on energy and climate, while boosting jobs and investment in the UK. UK Business and Energy Secretary G
Abu Dhabi-based clean energy company Masdar and four Dutch companies have signed a memorandum of understanding (MoU) to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam. The MoU was signed by the representatives of Masdar, Port of Amsterdam, SkyNRG, Evos Amste
While low-carbon investments overtook oil & gas spending for the first time in 2022, this growth is expected to slow in 2023, says Rystad.
