Technip Energies, an engineering and technology company, and Casale, a provider of technologies and integrated engineering solutions to produce fertilisers and other base chemicals, have entered a partnership to jointly license oxidative reforming-based technologies – auto thermal reforming (ATR) an
Keppel Infrastructure and ExxonMobil Asia Pacific have signed a memorandum of understanding (MoU) to develop access to low-carbon hydrogen and ammonia for scalable commercial and industrial applications in Singapore. According to Keppel, this MoU follows the Singapore government’s launch of its Nati
Singapore-based Ocean Network Express (ONE) has decided to install two containerized wind assist units on one of their operated container feeder ships before the end of 2023. The 143m, 1036 TEU capacity Kalamazoo is owned by Singapore-based Norse and the wind assist systems will be supplied by the N
London-based independent E&P company Panoro Energy has received all necessary approvals allowing for the completion of its farm-in to the Kosmos Energy-operated Block S offshore Equatorial Guinea. Panoro has acquired a 6 per cent participating interest in Block S from each of Kosmos Energy and Tride
Malaysian shipping company MISC Berhad (MISC) has entered into a $527 million sustainability-linked loan for the financing of six very large ethane carriers (VLECs). MISC said that the loan was signed through the company’s Singapore-based subsidiaries and that Standard Chartered acted as structuring
South Korean shipping major HMM plans to conduct field tests of an onboard carbon capture system (OCCS) for containerships along with Samsung Heavy Industries (SHI) and PANASIA in the second half of this year. OCCS is an advanced technology to capture CO2 from greenhouse gas emissions generated duri
Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.
Marine Renewables Canada and the UK Marine Energy Council have entered into an agreement to share knowledge and support development of the marine renewable energy industry.
Kongsberg has established a separate business area for its robotics and sensor technology called Kongsberg Discovery, designed to map and monitor ocean space. Sensors and Robotics, previously a division under Kongsberg Maritime, is now being separated and established as a separate business area. “Su
Oriana Power has completed the installation of 1MWp floating solar power plant in northern India, which is said to be the first of its kind in the state of Rajasthan.
Japanese shipping heavyweight Nippon Yusen Kabushiki Kaisha (NYK) Group plans to install Orca AI platform across its fleet, which includes bulk carriers, tankers and containerships. The move is being announced on the back of a two-year cooperation between NYK and Orca AI, developer of a unique autom
Norwegian company Havkraft has secured funding support to further advance its wave energy technology and projects.
Africa Finance Corporation (AFC) has acquired Norwegian oil and gas company Aker Energy and, through the transaction, has become an owner of a deepwater block offshore Ghana. Aker Capital and The Resource Group TRG have agreed to sell their shares in Aker Energy to AFC Equity Investment, a company o
Japanese shipping firm Asahi Tanker Co. has taken delivery of the world’s second pure battery tanker, named the Akari. The vessel completed its historic first bunkering operation in Kawasaki on April 14, supplying the MOL-operated iron ore career UNTA. The vessel was built by Imura Shipbuilding and
