Ammonia Tug design/Source: NYK Japanese shipping major NYK is pushing forward with plans to convert its LNG-fueled tugboat Sakigake to operate on ammonia fuel. The tugboat, operated in Tokyo Bay by NYK Group company Shin-Nippon Kaiyosha Corporation, is scheduled to be converted by 2024. The fuel modification contract has been
Glasgow-based electricity company ScottishPower has teamed up with Hutchison Ports to explore the development and construction of a multi-hundred MW green hydrogen production facility at Port of Felixstowe, Britain’s top container port. The duo is planning to use green hydrogen for onshore purposes, such as road, rail and industrial use,
Oilfield services provider Baker Hughes has agreed to buy the Power Generation division of BRUSH Group from One Equity Partners to enhance its e-LNG portfolio. Illustration; Courtesy of Baker Hughes BRUSH is an equipment manufacturer that specializes in electric power generation and management for the industrial and energy sectors. According
As the decarbonization push gains pace, uncertainty over the future of marine fuels is hindering investments in new ships. But rather than taking a wait-and-see approach, ship owners are joining industry partners to get a better insight into the current fuel market situation and outlook in order to help them
U.S. engineering firm Matrix Service Company (MTRX) has signed a deal with Korea Gas Corporation (KOGAS) to support South Korea’s development of a hydrogen economy. Illustration only; Courtesy of KOGAS On 8 August, MTRX said it signed a memorandum of understanding (MoU) with KOGAS to support Korea’s development of a
U.S.-based LNG specialist Excelerate Energy and Philippines company Topline Energy are collaborating on the Luzon LNG Terminal project that will bring an LNG hub to Cebu. Illustration only; Courtesy of Excelerate Energy The local news reported that MACTAN Economic Zone – Facilities, Maintenance and Environmental Association (MEZ-Famea) held its second
The Netherlands-based engineering company Iv-Offshore & Energy has developed a platform that uses offshore wind energy to produce 85 kilotonnes of hydrogen per year. With a capacity of 500 MW, the platform can produce enough green hydrogen in a single day to power more than 300,000 hydrogen cars to drive
Australian oil and gas company Beach Energy has confirmed finalisation and signing of the LNG sale and purchase agreement (SPA) with BP Singapore, a unit of UK-based energy giant BP. Illustration only; Karratha gas plant; Courtesy of Woodside Back in September 2021, the parties signed a deal regarding the supply
Belgian shipping company Exmar has signed an agreement with Italian oil and gas company Eni for the sale of Tango FLNG. Courtesy of Exmar Therefore, Eni acquired the company Export LNG, which owns the Tango FLNG floating liquefaction facility, from the Exmar group. The facility will be used by Eni