Prompted by the continued growth of climate transparency from financial institutions, the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonization trajectories set by the International Maritime
British firm buying into Orcadian’s North Sea assets, with eyes on ‘zero carbon energy’ development
UK-headquartered oil and gas player Orcadian Energy has inked two deals with compatriot power developer and operator of power plants, the Independent Power Corporation (IPC), and its affiliates. The first is
Changes in ownership follow Höegh Evi’s rebranding
Funds managed by Igneo Infrastructure Partners have entered into agreements to acquire a 50% ownership stake in Larus Holding Limited, the 100% owner of energy infrastructure solutions provider Höegh Evi, from
Vestas, TKF secure contracts for 1.1 GW Inch Cape offshore wind farm
Inch Cape Offshore Limited, a joint venture between Red Rock Power Limited and ESB, has awarded TKF with a turnkey contract to supply and install inter-array cables at the Inch Cape
ADNOC receives European Commission’s stamp of approval in Navig8 acquisition
The European Commission has approved the acquisition of sole control of Navig8 Topco Holdings by Abu Dhabi Marine Business and Services Company (ADNOC) and the restructuring of ownership for the former’s
CMA CGM, AD Ports open sustainable container terminal at Khalifa Port
A new, sustainable container terminal has been inaugurated at Abu Dhabi’s Khalifa Port. The terminal is operated under a 35-year concession by a joint venture between French shipping major CMA CGM
New H2Med Corridor alliance to advance European hydrogen single market
Companies from France, Germany, Portugal and Spain have created an alliance for the H2Med Southwestern Hydrogen Corridor to advance the European hydrogen single market by connecting hydrogen production, storage and consumption
Oman set to launch third green hydrogen tender in early 2025
Hydrom, an entity orchestrating Oman’s national interest in green hydrogen, has unveiled plans to launch the third round of public bidding on lands for green hydrogen projects in the first quarter of
Hydrom and thyssenkrupp nucera eye joint hydrogen opportunities in Oman
Hydrom, an entity orchestrating Oman’s national interest in green hydrogen, and thyssenkrupp nucera, the hydrogen business of German-based engineering company thyssenkrupp, have signed a memorandum of understanding (MoU) to work together
Chevron takes delivery of first lower-carbon LNG carrier overhauled by Seatrium
Singapore-headquartered provider of offshore, marine, and energy solutions Seatrium has delivered the first of several liquefied natural gas (LNG) vessels undergoing lower carbon modification to U.S.-headquartered energy major Chevron.
JDR Cable Systems hired by Ørsted for 2.9 GW offshore wind farm
Ørsted has awarded several contracts totaling between £75 million and £100 million to companies in the north of England to provide components for the 2.9 GW Hornsea 3 offshore wind farm.
Australian uni deploys solar-powered wave buoys to gather ocean data
The University of Western Australia (UWA) is advancing wave forecasting capabilities with the deployment of small drifting wave buoys designed to provide ocean data in real time.
- Maritime, clean fuel projects in the spotlight of EU’s STEP initiative
- US firm confirms booking of Borr Drilling rig for ops in Africa
- Biofuel included in Wallenius Wilhelmsen’s two new multi-year shipping deals
- Eco Wave Power unveils $3M direct offering to bolster commercial-scale wave energy deployment
- DP World rolls out ‘world’s first’ container port carbon inset program
- New oil discovery boosts Barents Sea potential with 20 more wells on the drilling horizon