Houston-based power company Ceiba Energy announces the successful bid of its Portocem project for a 15-year power purchase agreement for a new 1.6 GW LNG-to-power plant in Brazil. Courtesy of Ceiba Energy Founded in 2015, Ceiba Energy is an owner, developer, and operator of power generation assets in Latin America.
Russia’s LNG producer Novatek signed a power purchase agreement for renewable electricity with the European energy company Fortum to supply Cryogas-Vysotsk LNG plant. Cryogas-Vysotsk LNG; Coutresy of Novatek Cyrogas-Vysotsk is a medium-scale LNG project in the port of Vysotsk, Leningrad Region of Russia. The LNG from the plant mainly goes
American Bureau of Shipping (ABS) has awarded approval in principle (AIP) to Shanghai-based firm Wison Offshore & Marine for its extended FEED on 3.5 MTPA Floating Liquefied Natural Gas (FLNG) design. Courtesy of WOM Previously, Wison O&M gained AIP from ABS for its standardised 1.3 MTPA and 3.0 MTPA FLNG
U.S. offshore engineering and construction player McDermott and Australia’s national science organisation, the Commonwealth Scientific and Industrial Research Organisation (CSIRO), have joined forces to advance carbon capture solutions in response to rising decarbonisation calls, aimed at accelerating the energy transition and bringing the industry closer to a net-zero future. McDermott
Norwegian cleantech company TECO 2030 and its compatriot energy firm Gen2 Energy have signed a memorandum of understanding (MoU) to cooperate on relevant projects where green hydrogen is needed for fuel cells. As part of the MoU, the companies intend to jointly investigate the supply of green hydrogen from Gen2
Korea Maritime & Ocean University researchers identify liquefied petroleum gas (LPG) as a low-cost and eco-friendly alternative to marine propulsion fuels. Illustration only; Courtesy of Wärtsilä Although liquefied petroleum gas is a potential eco-friendly alternative, its viability as a maritime fuel has not been assessed so far. Now, a study
Offshore wind developer Ørsted will buy a 45% share of power-to-fuel developer Liquid Wind’s FlagshipONE e-methanol project in Sweden to decarbonise the maritime sector. Courtesy of Liquid Wind Ørsted and Liquid Wind have reached an agreement, under which Ørsted will acquire a 45 per cent ownership share of the FlagshipONE
The construction of the largest US-built liquefied natural gas (LNG) bunkering barge began at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin on 6 January. Cutting steel for LNG bunker barge; Source: Fincantieri Bay Shipbuilding The barge is being built for the Florida-based marine solutions, transportation and logistics company Crowley that
Japan Petroleum Exploration (JAPEX) will participate in the project to construct an LNG terminal in the northern part of Vietnam. Courtesy of JAPAX On 28 December 2021, JAPEX signed a share purchase agreement with ITECO JSC, a company to promote the project. Thus, it will further proceed with the share