Westport Fuel Systems, a Canada-based supplier of low-emissions alternative fuel transportation technologies, has revealed its plan to expand its global manufacturing footprint in China with a new hydrogen innovation centre and manufacturing facility in the Changzhou Hydrogen Valley. Specifically, t
Weakening competitiveness in ocean energy is a warning sign for Europe’s global cleantech ambitions as its industrial leadership in ocean energy becomes increasingly at risk, warns Ocean Energy Europe (OEE) in its latest statistics report for 2022.
The ProtoAtlantic project has selected three companies to test their technologies at Lir-National Ocean Test Facility (Lir NOTF) as part of the program designed to support offshore renewable energy startups across the Atlantic Area.
Following the resignation of Duncan Eley, marine geophysical service provider PXGEO has appointed Tony Bowman from Schlumberger as its new CEO. Bowman comes from Schlumberger where he held a number of senior roles across multiple geographical locations, including President of WesternGeco, which oper
US-based companies Excelerate Energy and Venture Global LNG have formed a new strategic partnership by executing a 20-year LNG sale and purchase agreement (SPA). The deal will see Excelerate purchase 0.7 million tonnes per annum (mtpa) of LNG on a free-on-board (FOB) basis from Venture Global’s Plaq
Maritime services company Bernhard Schulte Shipmanagement (BSM) is developing an IT platform that will cover the entire compliance process with the EU Emissions Trading System (ETS) set to be introduced in 2024, the company said. The platform will focus on handling compliance, data collection and ve
Yinson Green Technologies, through its subsidiary Yinson Venture Capital Pte., has made a strategic investment in Zeabuz AS, a Norwegian startup specializing in autonomous solutions for the maritime industry. The investment provides the foundation for YGT to work closely with Zeabuz in the developme
UK-based oil and gas major BP has launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery in Spain. The company announced the launch of the hydrogen cluster on 28 February, stating that this BP-led public-private collaborative initiative aims to be based around t
Following the award of three contracts for the project announced earlier today, Azule Energy, a joint venture between BP and Eni, has selected another three companies for work at the Agogo field development project offshore Angola. Azule Energy contracted Baker Hughes to deliver subsea equipment and
India is ramping up efforts aimed at modernizing its fleet and is reviewing the requirements of the registration and operation of ships to ensure the quality of the Indian flag. As a result, the country is withdrawing trading licenses to all tankers that are 25 years old or above, the country’s Dire
Woodward, an engine injection system manufacturer, is developing a new range of injection systems to support the ongoing transition to new fuels in the global energy industry. According to Woodward, the comprehensive portfolio of new systems will be applicable for new and future fuel-powered engines
Offshore energy clients have been spoiled over the last 7-8 years with all types of vessels being always available at a low price, however, this could quickly change, Solstad Offshore’s CEO Lars Peder Solstad stated as the company had reported its highest-ever quarterly order intake for the fourth q
A consortium of Dutch companies has launched a government-backed project to explore the synergies between offshore wind, offshore solar and hydrogen production at sea for improved sustainability of North Sea renewable energy projects.
The U.S. ports are expected to build out nearly $50 billion in green infrastructure over the next decade – and hydrogen is set to play a significant role in the industry’s plans, a recent survey from the American Association of Port Authorities (AAPA) shows. The survey covered AAPA’s membership and
