AW-Energy, a Finnish near-shore wave energy technology developer, has signed a memorandum of understanding with Kaoko Green Energy Solutions for the deployment of WaveRoller wave energy farms offshore Namibia.
Danish container shipping heavyweight Maersk has hailed the agreement reached on the new FuelEU Maritime regulation, a first-of-its-kind legislation designed to speed up the adoption of green fuels and promote decarbonisation in the shipping industry by the end of the decade. FuelEU Maritime takes a
Engineering and technology companies Technip Energies and John Cockerill have established Rely, a provider of integrated and competitive green hydrogen solutions. According to Technip, Rely will offer end-to-end solutions, from pre-final investment decision (pre-FID) services, including technical an
Danish container shipping major Maersk has reported a massive drop in its ocean revenue for the first quarter of this year, plunging by $5.7 billion to $9.9 billion year-on-year amid lower freight rates and softened demand. Last year saw a record performance of container shipping majors, impacted by
BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.
South Korean shipbuilding company Samsung Heavy Industries (SHI) has developed a next-generation floating liquefied natural gas production facility (FLNG) model. It announced that it has received Approval in Principle (AiP) for an FLNG floater independent model (MLF-N, a multi-purpose LNG floater-ne
Longboat Energy is putting the wheels into motion to form a joint venture (JV) with Japan Petroleum Exploration Co., Ltd (JAPEX).
Marine renewable energy developer ORPC has signed a contract with Shell Technology – Marine Renewable Program to initiate a modular RivGen power system demonstration project in the Lower Mississippi River. ORPC said that the collaborative project represents an opportunity to showcase how the next ge
Italian maritime transportation group Fratelli Cosulich, in partnership with IPLOM (Piedmont Industry Processing Mineral Oils), has begun producing and supplying its own bio VLSFO to reduce the GHG intensity of marine fuels and meet the EU requirements. Fratelli delivered bio VLSFO in collaboration
Africa-focused Chariot has joined forces with Vivo Energy to develop the gas-to-industry market in Morocco.
Glenfarne Energy Transition, a wholly owned subsidiary of Glenfarne Group, has announced the execution and launch of a collaboration agreement with Samsung Engineering, an EPC&PM company, to complete feasibility studies for multiple green hydrogen and ammonia projects in Chile as part of Glenfarne’s
TotalEnergies has tucked a new milestone under its belt with the signing of a heads of agreement regarding the development project off Angola.
Norway’s cleantech company TECO 2030 and US engineering company Chart Industries have expanded their existing cooperation agreement on Chart’s Cryogenic Carbon Capture™ process technology (CCC), to include Chart’s offer of liquid cryogenic fuel storage and supply systems, as well as Howden’s hydroge
OEUK’s survey shows that the majority of MPs believe the UK can achieve its net-zero goals by collaborating with the oil and gas industry.
