The coalition of major international companies joined to accelerate the energy transition in transport and logistics unveiled their first seven concrete steps and welcomed three new members. Courtesy of Bureau Veritas The Coalition for the Energy of the Future was launched in late 2019 with the goal to accelerate the
Offshore wind to power Europe’s largest power-to-x plant
Denmark’s Copenhagen Infrastructure Partners (CIP) has unveiled plans to build a Power-to-X plant in Esbjerg which will convert power from offshore wind turbines to green ammonia. Consisting of 1 GW electrolysis, the plant will be Europe’s largest production facility of CO2-free green ammonia, CIP said. The ammonia will be used
Australia’s green hydrogen outlook
With the goal of clean energy in mind, Australia’s natural gas networks are testing blending hydrogen with gas and producing green methane to replace fossil fuel. Illustration purposes; Courtesy of ARENA (Australian Renewable Energy Agency) Reuters reports that Australia’s gas pipeline and network owners have already invested A$180 million in
CWind launches first hybrid-powered Surface Effect Ship
CWind, part of the Global Marine Group, has launched its CWind Poineer vessel, the world’s first hybrid-powered Surface Effect Ship (SES), according to the company. The vessel was developed in response to an industry-wide push to develop and deploy innovative technologies that reduce CO2 emissions, while cost-effectively servicing offshore wind
GasLog agrees merger with BlackRock
Piraeus-based LNG shipper GasLog has signed a deal and plan of merger with BlackRock Global Energy & Power infrastructure. Courtesy of GasLog Under the merger agreement, GEPIF will acquire all of the outstanding common shares of GasLog that are not held by certain existing shareholders of GasLog, including Blenheim Holdings,
US EXIM expresses interest to fund Pilot LNG bunkering project FEED
Pilot LNG has received a Letter of Interest (LOI) from the Export-Import Bank of the United States (US EXIM) to provide development financing for Pilot’s Galveston LNG bunker port project. Courtesy of Pilot LNG The financing for the Front End Engineering & Design (FEED) will be provided through the EXIM
Nornickel to build an LNG plant in the Arctic
Russian nickel and palladium mining company Nornickel plans to develop a project to produce LNG on the site of the company’s former Nickel plant to significantly cut carbon emissions. Courtesy of Nornickel The project is a part of an environmental program implemented by the company. The company plans to transfer
Meyer Werft cuts steel for LNG-powered Arvia cruise ship
Image credit: Meyer Werft German shipbuilder Meyer Werft has begun the construction of the new LNG-powered Arvia cruise ship for the British shipping company P&O Cruises. The shipyard hosted a steel cutting ceremony for the cruise ship on February 18th, 2021. The sister ship of the Iona is optimally tailored
Awilco LNG swings to profit in Q4
Saipem lands $1.7 billion worth deal with Qatargas
Italian oilfield services provider Saipem has received a letter of award from Qatargas for the development of the North Field Production Sustainability Offshore Project, located offshore Qatar, worth approximately $1.7 billion. The scope of work encompasses the Engineering, Procurement, Construction and Installation of various offshore facilities for the extraction and