10000 results found for 'Culzean'

10000 results found for 'Culzean'
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  • Deal signed for new hydrogen hub in Sarawak, Malaysia

    29 February 2024
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy

    Clean energy solutions provider Gentari, through its subsidiary Gentari Hydrogen, has signed a heads of agreement (HOA) with SEDC Energy (SEDCE) for the joint development of a centralized hydrogen production hub in Sarawak’s Bintulu, Malaysia. The agreement for the production hub, to be known as the Sarawak H2 Hub, was signed on February 26, 2024, […]

  • Climate report labels planned $1 trillion LNG infrastructure expansion as ‘one way ticket to stranded assets’

    10 June 2024
    Business Developments & Projects, Outlook & Strategy, Transition

    The global plan to spend over $1 trillion on new LNG infrastructure could slow down the net-zero agenda, Earth Insight’s report suggests.

  • Yara to receive green ammonia from Oman under new deal with ACME

    4 March 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    Norwegian ammonia trade and shipping company Yara and Indian renewable energy company ACME have signed a long-term firm and binding agreement for the supply of ammonia produced in Oman with reduced CO2 emissions. According to Yara, the agreement is the result of 18-month negotiations during which the regulatory framework and certification regime have evolved and […]

  • Dawn of European hydrogen market – is EU doing enough to support it?

    19 July 2024
    Authorities & Government, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    To support the development of the European hydrogen market, the European Union (EU) has, among other activities, adopted a regulation and a directive establishing internal market rules for hydrogen and started work on a pilot mechanism that aims to accelerate investments. However, major European hydrogen companies claim that the EU also needs to require more “made in Europe” standards for the industry.

  • Hyundai Mipo completes South Korea’s first autonomous vessel

    11 March 2024
    Business Developments & Projects, Infrastructure, Innovation, Vessels

    South Korean shipbuilder Hyundai Mipo Dockyard (HMD) has unveiled the country’s first pilot vessel intended for autonomous navigation.

  • ‘Largest’ oil export project in US waters greenlighted: Smooth sailing or more legal action on the horizon?

    26 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition

    A deepwater port license has been issued for a project that is said to be the largest oil export project in U.S. history.

  • Maersk CEO: Global regulator must ensure price parity between green and fossil fuels

    20 September 2024
    Authorities & Government, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    Vincent Clerc, CEO of Danish shipping and logistics giant Maersk, has reiterated the importance of introducing a global maritime fuel standard and a pricing mechanism that would reduce the existing price gap between green and fossil fuels.

  • It’s time for the rise of Global South in maritime decarbonization

    20 March 2024
    Market Outlooks, Outlook & Strategy

    So far, maritime decarbonization has been focused almost solely on the Global North rather than the Global South. In order to enable a just and equitable energy transition, policy makers and other maritime stakeholders would need to ensure that countries in the Global South are not omitted. This could be achieved with the help of green shipping corridors.

  • Tadek backs Magallanes Renovables in delivering its first commercial-scale tidal energy array

    12 March 2024
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Project & Tenders, Vision

    Spanish tidal energy developer Magallanes Renovables has partnered up with Tadek Ocean Engineering for support related to its first commercial-scale tidal energy array. Magallanes secured two contracts in Contracts for Difference (CfD) allocation rounds – the first at the Morlais Demonstration Zone in North Wales, where it will install two 1.5 MW tidal energy platforms, […]

  • Shelf Drilling hands out North Sea job to Norwegian firm

    8 March 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Offshore drilling contractor Shelf Drilling has handed out a contract for waste management services in the North Sea to Soiltech.

  • EH Group receives DNV’s blessing for marine fuel cell system

    7 March 2024
    Certification & Classification, Equipment, Technology

    Swiss technology company EH Group has been granted an approval in principle (AiP) from classification and certification society DNV for its marine fuel cell system.

  • MODEC and Altera: Marrying FPSO tech with renewable and low-carbon plays to shape energy transformation beyond oil & gas

    28 August 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Innovation, Transition

    Japan’s MODEC and the UK-based Altera Infrastructure have set their caps on addressing the pressing challenges of the energy transition era by accelerating the shift toward a more sustainable future while supporting the security of power supply.

  • IMO makes ‘insufficient progress’ on slashing black carbon emissions from Arctic shipping

    27 February 2024
    Authorities & Government, Regulation & Policy, Rules & Regulation

    The International Maritime Organization (IMO) has agreed new guidance on best practices for cutting black carbon emissions from ships operating in or near the Arctic.

  • CMA CGM links up with US sportswear giant Nike to use sustainable biofuel

    5 March 2024
    Collaboration, Research & Development

    French shipping major CMA CGM has entered into an agreement with American athletic footwear and apparel corporation Nike to purchase sustainable biofuel for a part of their maritime transport. 

  • As UK’s general elections draw near, candidates urged to throw support behind ‘homegrown’ energy transition

    6 June 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    Offshore Energies UK (OEUK) has called on all participants in the upcoming general elections to back the domestic energy sector, as this transition pathway is said to safeguard energy security and jobs while accelerating economic growth.

  • Interview: Africa’s oil & gas, renewables, and low-carbon plays set to flourish in the embrace of digitalization

    22 July 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Innovation, Technology, Transition

    One of Africa’s key tools to boost economic growth and take advantage of energy plays lies in the rollout of digital technologies to push production to all-time high levels and enhance the set of offerings to navigate and tackle safety, climate, costs, and regulatory complexities.

  • AG&P LNG buys into fully constructed Vietnamese LNG terminal

    8 March 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy

    AG&P LNG, a subsidiary of Nebula Energy and developer of LNG terminals and downstream infrastructure, has purchased a 49% stake in Cai Mep LNG terminal located in Vũng Tàu district in South Vietnam. Fully constructed, the terminal was developed by Hai Linh Company, a petroleum product import terminal and trader in Vietnam. The Cai Mep LNG […]

  • ‘Important milestone’ in Brazil as Oceaneering completes its first onshore ROV piloting

    5 March 2024
    Business Developments & Projects, Collaboration, Equipment, Operations & Maintenance, Outlook & Strategy, Technology

    U.S.-based Oceaneering has completed its first onshore piloting of a remotely operated vehicle (ROV) from an onshore remote operation center (OROC) in Brazil, carried out in partnership with the Brazillian oil and gas giant Petrobras. The companies worked together to ensure secure offshore connectivity for piloting the ROV from the OROC in Macaé, Rio de […]

  • Shell and Bloom Energy forge hydrogen alliance

    7 March 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Technology

    American solid oxide fuel cells producer Bloom Energy has signed an agreement with UK-based energy giant Shell to study decarbonization solutions, utilizing its proprietary hydrogen electrolyzer technology. Specifically, Bloom and Shell agreed to collaborate on developing replicable, large-scale, solid oxide electrolyzer (SOEC) systems that would produce hydrogen for potential use at Shell assets. According to […]

  • Canada’s crackdown on greenwashing: ‘Gag order’ for oil & gas industry’s climate action or greater transparency?

    10 July 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    Canada has now tightened the reins on environmental stewardship with a bill that brings multimillion-dollar fines and jail time into play for those prone to bragging about climate action they cannot back up.

  • Wave power for subsea equipment project finishes 12-month-long test program

    5 March 2024
    Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Project & Tenders, Technology

    Renewables for Subsea Power (RSP) project which has combined wave power with subsea energy storage to power subsea equipment has completed a 12-month test program at sea, aiming to reach the finish line this spring.  This £2 million (approximately $2,5 million) project connected the Blue X wave energy converter that was built by Mocean Energy […]

  • Fratelli Cosulich takes delivery of second LNG bunkering vessel

    28 February 2024
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Italian shipowner Fratelli Cosulich has taken delivery of its second LNG bunkering vessel, Paolina Cosulich, from the Nantong CIMC SOE shipyard in China. This 5,300 dwt vessel, which can carry 8,200 cubic meters of LNG and 500 m3 of MGO, set sail from the Chinese shipyard on February 27, Fratelli Cosulich said in a brief social […]

  • Shell, BP, TotalEnergies, Eni, ExxonMobil, Chevron, and ConocoPhillips ride oil & gas demand wave, cashing in close to $32 billion in total profit

    12 August 2024
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Transition

    European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have collected a staggering $31.65 billion in combined profit during the second quarter of 2024.

  • Wärtsilä, EBDG join forces on methanol-fueled power barge

    5 March 2024
    Vessels

    Finnish technology group Wärtsilä has entered into a collaboration agreement with US-based naval architecture and marine engineering firm Elliott Bay Design Group (EBDG) to further develop EBDG’s clean harbor alternative mobile power (CHAMP) barge design.

  • Horisont Energi finalizing corporate restructuring

    20 February 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    Norwegian clean energy company Horisont Energi is about to wrap up corporate restructuring, transferring all rights and obligations related to clean ammonia, CO2 transportation and storage, and CO2 infrastructure into three separate and wholly-owned subsidiaries. The corporate restructuring was proposed on December 22, 2023, at the extraordinary general meeting. In a stock exchange release issued […]