Singapore-headquartered oil and gas production company Jadestone Energy has restarted production from an FPSO operating at a field in the Timor Sea offshore Australia. Following what the company describes as a “carefully planned restart program”, production recommenced from the Montara Venture FPSO
A new consortium comprising UK-based mining company Anglo American, Tata Steel, CMB, VUKA Marine, Freeport Saldanha, and ENGIE plans to explore the options for developing a maritime green corridor for the zero-emission shipping of iron ore between South Africa and Europe. The initiative has been des
France’s TotalEnergies has decided to step up its investments in low-carbon energies to $5 billion in 2023.
Canada’s British Columbia (B.C.) Environmental Assessment Office (BCEAO) has issued a readiness decision to Ksi Lisims liquefied natural gas (LNG), a project proposed by the Nisga’a Nation, Rockies LNG and Western LNG. With the readiness decision, the project is progressing into the next stage of it
South Korea-based companies Doosan Fuel Cell and Kolon Global have signed a ‘Basic Agreement for Mid- to Long-term Business and Expansion of Cooperation Areas’ to cooperate step by step to develop an eco-friendly hydrogen fuel cell business model using biogas. Under the agreement, Doosan Fuel Cell w
South Korea’s shipbuilding giant Hyundai Heavy Industries, an affiliate of HD Hyundai, announced today that it has become the world’s first company whose cumulative production of two-stroke marine engines exceeds 200 million horsepower output. The company held a ceremony to mark the occasion at its
Scottish company Orbital Marine Power has secured an Option Agreement from Crown Estate Scotland for a new tidal energy project in the Westray Firth.
Technip Energies, an engineering and technology company, has been selected by Texas Green Fuels (TGF) to commence a pre-FEED (Front End Engineering and Design) for the TGF Galveston Bay clean fuels export project. According to Technip Energies, TGF’s export complex will produce industrial-scale, cos
US-based ammonia power solutions company Amogy Inc. today announced its $139 million Series B-1 fundraising. The round was led by SK Innovation, joined by other global investors including Temasek, Korea Zinc, Aramco Ventures, AP Ventures, MOL PLUS, Yanmar Ventures, Zeon Ventures, and DCVC. The start
UK-based shipping company Carisbrooke Shipping has partnered up with Grafmarine, a compatriot manufacturer of modular clean energy generation, storage, and power management solutions, to pilot solar energy cells on a Carisbrooke vessel. Grafmarine’s NanoDeck AI Solar tile management solution is a mo
Italian energy company Snam has completed docking operations for floating storage and regasification unit (FSRU) Golar Tundra in the port of Piombino. According to Snam’s social media update, the docking operations were safely completed on Sunday, 19 March as the company expects to put the FSRU into
Welsh First Minister Mark Drakeford has announced £750,000 (€850,000) for research projects focusing on deployment of tidal lagoon technology as part of Tidal Lagoon Challenge.
Wreckdock, a Jubail-based offshore vessel recycling company, has revealed plans to develop a safe and sustainable facility in Saudi Arabia for the circular demolition of vessels. The company plans to build four drydocks from 350 meters to 500 meters long with eight quays equipped with heavy-duty cra
US-based LNG player Excelerate Energy has entered into an amended and restated senior secured credit agreement, including a $250 million term loan for the purchase of a floating storage and regasification unit (FSRU). In addition to the new $250 million term loan maturing on 17 March 2027, the credi
