South Korea’s flagship carrier HMM has signed a Memorandum of Understanding (MoU) with GS Caltex to secure marine biofuels. HMM said that it also plans to conduct the trial use of the fuels on its three 24,000 TEU containerships in the second half of this year. The marine biofuels comprise 30 percen
Nexans Norway has secured NOK 2 billion (around £155 million) in loan guarantees from Export Finance Norway (Eksfin) that will be used for a UK export cable contract. The transaction covers the export and installation of high-voltage subsea cables for the Moray West offshore wind farm off the coast
Singapore’s first hybrid bunker tanker, Marine Charge, built for V-Bunkers, a leading supplier of barge logistics services in the port of Singapore, has been delivered. The 7990-ton vessel, designed by SeaTech Solutions and built by Zhejiang Shenzhou Sunshine Heavy Industry is fitted with 480Kwh of
In the energy transition blueprint for the sustainable future, hydrogen has carved a niche for itself and is gaining more ground.
Global OTEC has started talks with the government officials of Turks and Caicos Islands regarding the possible installation of an ocean thermal energy conversion (OTEC) plant for clean energy generation.
Italian oil and gas company Eni has inaugurated the Congo LNG, the country’s first natural gas liquefaction project and one of Eni’s supply diversification initiatives. The President of the Republic of the Congo Denis Sassou Nguesso and the CEO of Eni Claudio Descalzi laid the foundation stone at th
Australia-based energy company Woodside and Keppel Data Centres, the data centre arm of Keppel Corporation, have signed a non-binding heads of agreement (HOA) to evaluate the potential supply of liquid hydrogen to Singapore from Woodside’s production facilities. The liquid hydrogen would be supplied
A new alliance between actors in carbon capture and storage (CCS) has been launched, Danish Shipping, one of the initiators of the new alliance said. Named Carbon Capture & Storage Europe, the alliance brings together a wide range of companies and organisations. The coalition members are: Aker Carbo
Scottish intelligent energy management and storage technologies specialist Verlume has secured €8.1 million for business scale-up and development of larger projects.
After booking import rights for three billion cubic metres of LNG on a long-term basis via the Hanseatic Energy Hub in Stade in December 2022, German energy company EnBW has now secured a further three billion cubic metres, thus doubling its future import capacity. The company noted that all booking
Aberdeen-based decommissioning services provider Well-Safe Solutions has installed a saturation diving system on board its semi-submersible rig, which is now said to be the only one of its type in the North Sea with this capability. The custom-built dive spread installed on Well-Safe Guardian has a
The EU is preparing to cast its vote on the first methane emissions regulation, which could help lower methane in the oil and gas sector.
Danish clean energy start-up Exowave has signed cooperation agreement with Gugler Water Turbines for a wave energy project planned for Danish North Sea.
OCI Global, a producer and distributor of nitrogen, methanol, and hydrogen products, and Petrofac, a service provider to the energy industry, have entered a partnership to deliver OCI’s programme of gasification-based green methanol projects. According to Petrofac, the programme will support the pro
