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Klaipedos Nafta revamps amid changes in energy sector
Transition

Klaipedos Nafta revamps amid changes in energy sector

Lithuanian energy terminal operator Klaipedos Nafta (KN) has officially changed its name to KN Energies to reflect the company’s strategic changes. Specifically, the operator said the name change reflects the company’s new long-term strategy to follow the path of sustainable energy by switching from

about 2 years ago
EPS
Transition

Brokers: Eastern Pacific brings its ammonia-powered bulker tally at Qindao Beihai to 10

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Eastern Pacific Shipping (EPS), a Singaporean shipping company, has placed an order for four 210,000 deadweight tonnage (dwt) bulk carriers featuring ammonia dual fuel propulsion technology, according to reports from Intermodal Shipbrokers. The ships are slated for construction at Qindao Beihai Ship

about 2 years ago
Artemis Technologies
Transition

Artemis Technologies: Denmark to get its first 100% electric foiling workboat

UK-based maritime design and applied technologies company Artemis Technologies has sold a 100% electric foiling workboat to Denmark.

about 2 years ago
DeepOcean charters converted battery-powered vessel to boost subsea offering
Transition

DeepOcean charters converted battery-powered vessel to boost subsea offering

Norway’s DeepOcean is set to charter a converted, battery-powered offshore support vessel from shipowner Island Offshore to further enhance its subsea offering to the offshore renewables and oil & gas industries. DeepOcean has entered into a long-time charter agreement with Island Offshore for the I

about 2 years ago
Illustration; Source: Australian Energy Producers (former APPEA)
Transition

EnergyQuest: What’s in store for Australia’s gas industry?

EnergyQuest has provided its take on Australia’s gas outlook, shedding more light on what awaits the country in the future.

about 2 years ago
green ammonia
Transition

Green ammonia could decarbonize 60% of global shipping by 2050, study reveals

Green ammonia could be used to fulfil the fuel demands of over 60% of global shipping by targeting just the top ten regional fuel ports, a new study shows.

about 2 years ago
French-Dutch deal targets CCUS
Transition

French-Dutch cooperation targets CCUS

France-headquartered CGG and Dutch C-Questra have signed a commercial cooperation agreement in carbon capture, utilization, and sequestration (CCUS). “The purpose of the cooperation agreement is quite simply to go much faster. CGG contributes human and technological resources, while C-Questra implem

about 2 years ago
Illustration; Source: Castrol
Transition

Castrol: Will hydraulic systems bridge shift to all-electric subsea oil & gas production?

Castrol, part of the BP group, has provided its take on whether hydraulic systems will be thrown out with the all-electric subsea production bathwater.

about 2 years ago
FPSO Prosperity working on ExxonMobil's third offshore oil development on Guyana's Stabroek block; Source: Keppel
Transition

While strengthening hydrocarbon ties, Guyana and India also pooling resources for green energy

India recently greenlighted the inking of a memorandum of understanding (MoU) with Guyana to join forces in the hydrocarbon sector.

about 2 years ago
Iberdrola headquarters in Bilbao, photo showing the top of the building with the company's logo
Transition

Iberdrola, World Bank eyeing offshore wind, green hydrogen projects in emerging markets

Iberdrola and the World Bank, through its private sector investment arm, the International Finance Corporation (IFC), have signed a €300 million loan agreement to develop renewable energy projects in countries dependent on fossil fuels, including Morocco, Poland and Vietnam. IFC has already allocate

about 2 years ago
Offshore wind: Both challenges and enormous opportunities lie ahead
Transition

Offshore wind: Both challenges and enormous opportunities lie ahead

The offshore wind industry has faced significant headwinds in the past couple of years, with most of the negative effects tracing their origin back to the start of the COVID-19 pandemic and the geopolitical turmoil caused by Russia’s aggression against Ukraine. This has led to supply chain instabili

about 2 years ago
Stolt Tankers
Transition

Stolt Tankers joins Science Based Targets initiative

Tanker operator Stolt Tankers, part of London-based transportation group Stolt-Nielsen Limited, revealed it has committed to developing science-based targets to help achieve net zero in the maritime sector.

about 2 years ago
Equinor’s H2M Eemshaven project to reform natural gas to hydrogen with CCS
Transition

Equinor’s H2M Eemshaven project to reform natural gas to hydrogen with CCS

Norwegian energy major Equinor and global industrial gases and engineering company Linde have signed a project development agreement to work as partners on the H2M Eemshaven low-carbon hydrogen project in the Netherlands. Equinor’s H2M Eemshaven project aims to build a production facility in the Eem

about 2 years ago
Polish firm becomes operator of only Barents Sea CO2 exploration license
Transition

Only Barents Sea CO2 exploration license gets new operator

The Norwegian Ministry of Energy has approved PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, as operator and partner with Horisont Energi in the only CO2 storage located in the Barents Sea. Horisont Energi and PUN announced a sales purchase agreement on December 11, 2023, making PUN a li

about 2 years ago