French energy group ENGIE is moving to the second stage of its strategic plan, stepping up growth in the energy transition with an emphasis on renewables. The group said its 2021-23 strategic plan has been successfully executed and the time has come to move on to the second stage. ENGIE said its geo
TechnipFMC has secured a “significant” contract with TotalEnergies EP Angola for the supply of flexible pipe and associated hardware for a life extension project. The contract covers the engineering, procurement, and supply of flowlines and connectors for the Girassol Life Extension project (GIRLIFE
Spanish multinational energy company Cepsa has signed a Memorandum of Understanding (MoU) with the ACE Terminal in the Port of Rotterdam, the Netherlands to create a green hydrogen supply chain. Namely, Cepsa is developing 2GW of green hydrogen at its two Energy Parks in Andalusia, southern Spain, a
French LNG containment specialist GTT has finished the 2022 financial year with solid results, expecting market growth in the coming years. It had consolidated revenues of €307.3 million and consolidated EBITDA of €161.1 million. As pointed out in the report, it achieved a record level of orders, wi
The MeyGen tidal energy project, developed by SIMEC Atlantis Energy, has become the first tidal stream array in the world to generate 50GWh of clean electricity from tidal energy.
DNV is launching the second phase of a joint industry project (JIP) aiming to develop the first guideline for the transport of hydrogen in existing and new offshore pipelines. The second phase of the H2Pipe project will see the development of a new code for the design, re-qualification, construction
Germany’s Securing Energy for Europe (SEFE), former Gazprom Germania GmbH, has appointed Chief Executive Officer (CEO), Chief Commercial Officer (CCO) and Chief Sales Officer (CSO) to fill key positions in its new leadership model. SEFE said that the new appointments are the result of the company’s
Over 30 maritime organisations and companies are urging the United Nations Secretary-General to prioritise the immediate release of the 331 seafarers and 62 ships that remain trapped in Ukrainian ports. Since the onset of the war, the international shipping community has continually called for the i
The University Marine Energy Research Community (UMERC), coordinated by the Pacific Ocean Energy Trust (POET), has published a report which provides systematic analysis of the marine energy research and innovation ecosystem within the United States.
Qatar’s state-owned oil and gas company QatarEnergy will be taking over all the marketing and related activities currently managed by Qatargas by the end of 2023. QatarEnergy currently manages the marketing and sale of all products produced for export by its group of companies/affiliates, with the e
British maritime enterprises Krensen, Trident Marine Electrical, and ACUA Ocean have joined forces to develop a zero-emission liquid hydrogen marine powertrain system. The partnership brings together Krensen’s expertise in electric and hybrid marine propulsion technologies, Trident Marines’ experien
Horisont Energi and Neptune Energy have signed a Memorandum of Understanding (MoU) with E.ON for the development of a European carbon capture and storage (CCS) value chain. With the agreement, Horisont Energi aims to strengthen the existing cooperation with E.ON, and by bringing in Errai partner Nep
Norwegian shipping company Höegh LNG has entered into an agreement with Cool Company (CoolCo) to acquire the 2013-built LNG carrier Golar Seal. Under the agreement, Höegh LNG will buy the carrier with 160,000 cbm capacity for $184.3 million. The transaction is expected to close on the redelivery of
French container shipping major CMA CGM has equipped its ultra-large containership CMA CGM Marco Polo with a new windshield prototype. The device improves a vessel’s aerodynamics resulting in lower fuel consumption and thus contributing to a lower carbon footprint of the vessel, the shipowner said.
