Outlook & Strategy
Liquid Wind and Uniper forge alliance to boost development of eFuels
Liquid Wind and Uniper signed a strategic partnership agreement to boost eFuel facilities’ development for fossil-free eMethanol production.
Swiss company to source US LNG from Shell to European customers
Switzerland-headquartered energy company MET Group has signed a long-term agreement with energy giant Shell for the supply of liquefied natural gas (LNG) sourced from the U.S. to its European customers. MET Group reported it had entered into a ten-year free-on-board (FOB) LNG purchase agreement with
Enagás boosts hydrogen investment plans, sells stake in Tallgrass Energy
To further boost its hydrogen investment plans, Enagás has reached an agreement to sell its 30.2% shareholding in Tallgrass Energy to Blackstone Infrastructure Partners for $1,100 million (€1,018 million).
BP, Shell, TotalEnergies and Mitsui take stakes in ADNOC’s huge LNG project
Abu Dhabi National Oil Company (ADNOC) has signed agreements with industry majors BP, Mitsui & Co., Shell and TotalEnergies under which each will take a 10% equity stake in what will be the first liquefied natural gas (LNG) export facility in the Middle East and North Africa (MENA) region to run on
EU partnership looking into floating power generation hub with CO2 capture and storage
Dutch provider of offshore floating facilities SBM Offshore and Norwegian energy solutions development company Ocean-Power have signed a partnership agreement to collaborate on a floating power generation hub with CO2 capture and storage. With the signature of a memorandum of understanding (MoU), th
Wärtsilä to provide simulator technology for Wavelink Maritime Institute
Finnish Wärtsilä has supplied its new dual-fuel engine simulator technology for Singapore’s Wavelink Maritime Institute (WMI).
New VARD cable layer destined for Danish firm hits the water
The cable-laying vessel (CLV) that Norwegian ship designer and shipbuilder VARD is building for Danish subsea specialist NCT Offshore has hit the water in Romania. NCT placed the order for the 95-meter-long CLV with VARD in early 2023, with Vard Design in Ålesund, Norway, in charge of the design, Va
Tender process opens for UK’s largest proposed HVDC transmission project
SSEN Transmission has opened the tendering for cable and converter work packages for Eastern Green Link 3 (EGL3), the UK’s largest proposed HVDC transmission project, which will link Peterhead in Scotland and Norfolk in England. EGL3, a joint venture between SSEN Transmission and National Grid Elect
‘Industry-first’ as Prysmian installs HVDC cable in waters over 2,000 meters deep
Italian cabling giant Prysmian Group has performed what is said to be the industry’s first installation of an HVDC cable at a water depth of 2,150 meters. Prysmian completed the sea trial tests for ultra-deep installation of a 500 kV HVDC MI cable at a 2,150-meter water depth, stating that this is i
Air Liquide becomes member of ZESTAs
French industrial gas supplier Air Liquide has joined the Zero Emissions Ship Technology Association (ZESTA).
Norwegian firm secures its first seismic node project
Norwegian Electromagnetic Geoservices (EMGS) has secured what it says is its first seismic node project, as part of its strategy to diversify its offerings and enhance vessel utilization. EMGS is set to undertake a fully pre-funded ocean bottom node (OBN) seismic survey in the Barents Sea in collabo
New project in Norway to back maritime’s green transition
Norwegian Maritime CleanTech has launched a new initiative to support the green transition in the maritime sector.
First step taken toward development of cable factory in Maryland
Belgian Cenergy Holdings has passed the first milestone for the development of a cable manufacturing facility in Maryland, the U.S., by reaching a final investment decision (FID). The company announced in April that its U.S. subsidiary Hellenic Cables Americas is planning to build a new cable manufa
Nuclear propulsion brings emissions-free, longer-lived ships into play
The rise of small modular reactors (SMRs) points to a step change for nuclear applications in shipping if regulatory hurdles can be overcome, classification society Lloyd’s Register said in a new report.