Energy technology company Baker Hughes has signed a memorandum of understanding (MoU) with Fortescue Future Industries (FFI), a subsidiary of Australian iron ore company Fortescue Metals Group, to collaborate on decarbonisation of hard-to-abate industries. Under the MoU, Baker Hughes and FFI will jo
Prysmian Group has finalized the cable laying and burial operations for the submarine power interconnection between Ibiza and Formentera in Spain. Marine installation operations were performed by Prysmian’s cable-laying vessel Cable Enterprise, while burial activities were carried out by the company
From the summer of 2023, the Port of Rotterdam, Europe’s top bunkering port, will provide methanol bunkering to sea-going vessels on a regular basis. Last year saw several sea-going ships bunker methanol at the port, the port figures show, resulting in a total of 1,500 tons of methanol sold in 2022.
The Finnish Climate Fund, a state-owned special assignment firm, will provide a capital loan of up to €10 million euros to rotor sail manufacturer Norsepower for increasing its production capacity. The capital loan comes with a market-based interest rate determined according to the risks of the proj
The Netherlands and Australia have signed a memorandum of understanding (MoU) to support the development of a renewable hydrogen supply chain from Australia to Europe. In what was described as a milestone agreement, Australia’s Climate Change and Energy Minister Chris Bowen and the Dutch Minister fo
German energy company RWE has ordered two 100-megawatt proton exchange membrane (PEM) electrolysers from Linde Engineering for its GET H2 hydrogen project. The two electrolyser plants, which will be powered by offshore wind from the North Sea, are part of RWE’s efforts to build a total of 300 MW of
Swiss marine power company WinGD and Belgian shipping and cleantech group CMB.TECH have signed an agreement on the development of ammonia-fuelled two-stroke engines. The companies aim to install the ammonia dual-fuel X72DF engine on a series of ten x 210,000 DWT bulk carriers to be built at a Chines
Energy consultancy Xodus has outlined a roadmap for a 60 per cent reduction in total CO2 emissions for a Middle East operator’s fleet of drilling rigs, following a greenhouse gas (GHG) emissions baseline and energy efficiency review. Xodus reported it had identified more than 25 energy and emissions
Oceanbird, a project backed by Alfa Laval and Wallenius, is moving fast with the preparation for the installation of its first land-based Oceanbird Wing 560. The project developers are already ordering parts for the installation, following the award of €9 million worth of funding under the Horizon E
BP has unveiled its new energy outlook, highlighting key trends and uncertainties surrounding the energy sector and transition to low-carbon.
Global energy company EDP has partnered up with Spanish energy company Cepsa to boost the Andalusian Green Hydrogen Valley, the largest green hydrogen project in Europe promoted by Cepsa. The agreement includes studying the joint production of green hydrogen as part of the project of up to 1 GW in t
U.S. oilfield services provider Baker Hughes has introduced new digital solutions and investments focused on improving efficiency and performance while reducing emissions in order to drive the long-term sustainability of customer operations. Baker Hughes made the announcement at its annual meeting i
In a statement to Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology of the UAE and Managing Director and Group CEO of ADNOC, Japan’s oil and gas producer Inpex has officially committed to the United Arab Emirates (UAE) in regard to clean energy development in the country. According
French container shipping major CMA CGM Group has invited start-ups and businesses working on concrete solutions to submit projects that aim to speed up the decarbonization of the French shipping industry. The company has committed a €200 million budget for the projects from its five-year $1.5 billi
