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Transition

Aker Solutions backs transformation of Mogstad to low-carbon industry cluster

Norway-based Aker Solutions has been awarded a contract by its compatriot Equinor to carry out a feasibility study for the latter’s Mongstad industrial transformation project in Vestland County on the west coast of Norway. According to Aker Solutions, the study aims to identify solutions to signific

about 2 years ago

Transition

New Nexans cable-layer to sport ABB’s hybrid power system

Norwegian shipyard Ulstein Verft has placed an order with ABB for the delivery of an integrated power and propulsion system for Nexans’ new cable-laying vessel (CLV), currently under construction. The CLV, specially designed by Skipsteknisk, will be able to carry out the transport and lay of various

about 2 years ago

Transition

HAROPA starts work on shore power connections at Le Havre cruise terminal

The construction of electricity supply connections to ships at berth has officially begun at the Le Havre cruise terminal, France. Led by HAROPA PORT, the 5th largest port complex in Northern Europe, the strategic project aims to reduce emissions from cruise activity by electrifying cruise docks. By

about 2 years ago

Transition

CMB launches Euronav takeover bid

Belgian shipping major Compagnie Maritime Belge (CMB) has launched its mandatory public takeover bid on all shares in Euronav that are not already directly or indirectly owned by CMB or its affiliates. The move comes after CMB, Euronav’s biggest shareholder, struck a deal with Frontline in October 2

about 2 years ago

Transition

MODEC sets out to fortify FPSO business while embracing decarbonization and new opportunities

Japan’s FPSO operator MODEC has unveiled its new, mid-term business plan, covering the period from 2024 to 2026.

about 2 years ago

Transition

Two out of six platforms hit the water for Dutch offshore solar pilot

Dutch-Norwegian company SolarDuck has launched the first two platforms for the Merganser offshore floating solar demonstration project into the water at TMA Logistics in Amsterdam, Netherlands. The Merganser offshore floating solar demonstrator plant will have an installed capacity of 520 kWp and wi

about 2 years ago

Transition

23 methanol-powered ships ordered since the start of 2024

The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the

about 2 years ago

Transition

H2Global and JOGMEC initiate clean hydrogen cooperation

Hamburg-based H2Global, a foundation dedicated to accelerating the emergence of markets for clean hydrogen and other low-emissions technologies, and the Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of understanding (MoU) to cooperate in the field of clean hydro

about 2 years ago

Transition

Strife over US LNG permit freeze: Win for environmentalists and loss for Big Oil but is there more to it?

The Biden administration’s imposed pause on pending approvals of liquefied natural gas (LNG) exports is seen as a controversial move, which has brought the strife between Big Oil and climate campaigners to the fore.

23 minutes read

Transition

Fresh oil, gas, and drilling plays shape global energy ecosystem

This is an overview of some of the moves made over the week, so come away with us on a journey of the fossil energy market’s latest developments.

about 2 years ago

Transition

Onshore cable provider wanted for second Malta-Italy interconnector

InterConnect Malta, the company behind the second Malta to Italy interconnector, has issued a tender for the manufacture and installation of onshore cables for the project. The tender is looking for a company to manufacture and install the onshore 245 kV and 145 kV cables, fiber optic cable and acce

about 2 years ago

Transition

Euronav wins green light for CMB.TECH’s acquisition

Euronav NV, the Belgian tanker shipping company, has secured approval for the acquisition of 100% of shares in cleantech maritime group CMB.TECH during a Special General Meeting held on February 7, 2024. The transaction, valued at $1.150 billion in cash, comes at a time of strategic transformation f

about 2 years ago

Transition

New hydrogen facility opens in Norwegian Egersund harbor

Norwegian companies Dalane Energi and Hydrogen Solution (HYDS) have launched a new hydrogen production facility in Egersund harbor as a part of the EU-funded ROBINSON H2020 project. The official opening ceremony of the hydrogen production plant was held in Grand Hotell Eigersund on February 8 in the

about 2 years ago

Transition

Industry first: Maersk’s climate targets validated by SBTi under new guidance

Danish shipping and logistics major A.P. Moller – Maersk has become the first company from the maritime sector to have its greenhouse gas (GHG) emissions targets validated by the Science Based Targets initiative (SBTi) to be in line with the 1.5-degree pathway from the Paris Agreement.

about 2 years ago