Crown Estate Scotland and the Crown Estate have forged a partnership to collect and share data that will provide a more comprehensive and integrated understanding of the UK’s seabed. The new arrangement is said to benefit its many users, the natural environment, and expedite the sustainable deployme
The Malaysian Port of Tanjung Pelepas (PTP), a joint venture between APM Terminals (30%) and the MMC Group, has been selected to join the Partnerships for Infrastructure (P4I) initiative, a government-to-government decarbonization scheme between Malaysia and Australia. The P4I project aims to spearh
America is in need of an all-inclusive energy strategy, which features natural gas as a crucial element along with renewable energy, to come to grips with climate and energy challenges.
A giant LPG-powered LPG/ammonia carrier has been delivered to MOL Energia Pte, a Singapore-based company of Mitsui O.S.K. Lines Group. The vessel, named Phoenix Harmonia, was constructed by Namura Shipbuilding with the support from Mitsubishi Shipbuilding Co., a part of the Mitsubishi Heavy Industri
Brazil majors Vale and Petrobras have signed a protocol of intent to develop low-carbon solutions, taking advantage of both companies’ technical expertise and synergies. According to Vale, the partnership is for a two-year period and will assess joint decarbonization opportunities, including the dev
U.S. maritime infrastructure company Seapath and Houston-based clean energy solutions provider Pilot LNG have formed a joint venture (JV) to develop, construct, and operate the first dedicated LNG bunkering facility in the Galveston Bay area. The initial investment for the facility is approximately
Hy24, the world’s largest clean hydrogen fund, has made a new investment in InterContinental Energy, a company developing large-scale green hydrogen projects, to accelerate the deployment of the company’s portfolio of projects and contribute towards its vision to scale the green hydrogen economy and
French maritime firm Louis Dreyfus Armateurs (LDA) has decided to install bound4blue eSAILs® on its ro-ro ship Ville de Bordeaux. Three 22-metre-high eSAILs® will be fitted to the Ville de Bordeaux ahead of a six-month performance monitoring period starting in early 2024. The Ville de Bordeaux is ch
Swedish-Israeli wave energy company Eco Wave Power has released financial results for the first half of 2023, reporting a decrease in net loss when compared to the same period a year before.
Energy major Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy, an LNG company formed and managed by investment company EIG, for $500 million. Completion of the transaction is subject to closing conditions which include regulatory approvals, with Aramco
Pyxis Ocean, the world’s first large ship fitted with WindWings, metal sails that harness the power of the wind to reduce fuel consumption and carbon emissions, arrived at the Port of Paranaguá, Brazil. The bulker, which emits 30% less carbon dioxide compared to conventional ships, embarked on its m
SIMEC Atlantis Energy has recorded a profit before tax of €5.2 million (£4.5million) for the first six months of fiscal 2023, as opposed to the loss of €9.9 million (£8.6 million) filed for the same period a year earlier.
TotalEnergies has set its course for the energy transition journey by creating a balanced multi-energy strategy, which it plans to follow to diversify its portfolio, cut its emission footprint, and reach low-carbon and net-zero aspirations.
Spanish transmission system operator (TSO) Enagás has finalized the acquisition of 10% of the shares of Hanseatic Energy Hub (HEH), a consortium in which it participates as an industrial partner. With its 10% stake, Enagás joins the consortium formed by the Buss Group (founding shareholder), Partner
