Dutch-Norwegian company SolarDuck and its consortium partners have received a €7.8 million project subsidy from the Netherlands Enterprise Agency (RVO) to develop, test and validate the Merganser floating solar energy platform in harsh North Sea weather conditions.
Conenergy, a Germany-based investor in the European energy industry, has joined the Xlinks Morocco-UK Power Project with a multi-million-pound investment. Xlinks and Conenergy have entered into a financial and strategic partnership to collaborate on the link that will offer an exclusive supply of re
Verlume, a specialist in clean energy system integration, intelligent energy management and energy storage, has appointed Robert Heron to the new role of product manager to help position the business for growth at scale.
Maran Dry Management Inc., a dry bulk shipping unit of the Angelicoussis Group, has signed a joint development project (JDP) agreement with the Italian classification society RINA and Shanghai Ship Research and Design Institute (SDARI) for an LNG and hydrogen-powered bulk carrier. The project will b
A joint venture between KBR and SOCAR has been awarded a contract by BP for the delivery of an unmanned compression platform in Azerbaijan.
The Suez Canal Container Terminal (SCCT), majority owned and operated by Maersk’s APM Terminals, has signed a concession agreement with the Suez Canal Economic Zone (SCZONE) for the expansion of the terminal. The $500 million agreement purports “financing, design, construction, management, and opera
Dutch Marine Energy Centre (DMEC) and Australian Ocean Energy Group (AOEG) have entered into formal collaboration with the joint goal to accelerate international development of the ocean energy industry.
UK’s Unite the union has confirmed that around 146 offshore workers have opted to take strike action due to a dispute over pay and benefits.
Circular Maritime Technologies (CMT), a Dutch startup targeting to automate shipbreaking processes, has secured an EU subsidy that would help the company take the project to the next stage of development. CMT said that it won a subsidy as part of the Kansen voor West III, a program largely financed
Norwegian oil and gas company OKEA is reducing its production outlook for 2023 following news that limited production is expected from a field in which it had recently purchased a stake. Operator Wintershall Dea Norge informed OKEA that issues with the water injectors at the Nova field may limit its
Sempra Infrastructure, a subsidiary of Sempra, has entered into heads of agreement (HOA) with Williams for the offtake of liquefied natural gas (LNG) and development of associated natural gas pipeline projects to further connect US natural gas supplies in the Gulf Coast region to markets around the
Greek shipowner Safe Bulkers has placed an order for additional Alfa Laval PureSOx exhaust gas cleaning systems bringing the number of vessels to be fitted with the systems to 25. The company has just installed its 21st PureSOx scrubber, and four more retrofits are scheduled through the first half o
German state-owned investment and development bank KfW has launched the world’s first financing platform for tailored financing of infrastructure for green hydrogen and its derivatives. Together with the Federal Ministry for Economic Cooperation and Development (BMZ) and the Federal Ministry for Eco
The semi-submersible heavy transport vessel Xin Guang Hua, owned by China’s COSCO Shipping, has completed the float-on and load-in operation of a floating, production, storage and offloading unit (FPSO) set to be decommissioned, an operation that is believed to have set a new world record. Xin Guang
