Singapore-based shipyard group PaxOcean and French LNG containment specialist GTT have signed a technical service agreement that will enable PaxOcean to expand its repair scope by providing membrane tank maintenance and servicing of liquefied natural gas (LNG) carriers to be repaired in PaxOcean Batam Yards, Indonesia. “This agreement is part
European Commission (EC) has granted approval for Germany’s aid measures to recapitalise energy companies Securing Energy for Europe (SEFE), previously known as Gazprom Germania GmbH, and Uniper in the context of Russia’s war against Ukraine. On 19 December, Uniper and the German Federal Government concluded a framework agreement to concretise the
Canada-based designer and manufacturer of electrolyzers Next Hydrogen Solutions has been awarded $5.1 million from Sustainable Development Technology Canada (SDTC) towards the development and demonstration of its next-generation electrolysis technology. Courtesy of Next Hydrogen “We are delighted with SDTC’s decision to support this Next Hydrogen led consortium project. The collaboration
Seven hydrogen projects in the Netherlands have received a subsidy of almost €800 million from the second wave of Hydrogen Important Projects of Common European Interest (IPCEIs). The projects that received the financial support were assessed by The Netherlands Enterprise Agency (RVO) in the past months and were approved to
Consortium working on the hydrogen-powered tanker concept HyEkoTank has signed a grant agreement with the European Union, which comprises €5 million in grants under the funding scheme HORIZON EUROPE. The partners involved in the project are Shell International Trading and Shipping Company Limited and Shell International Exploration and Production BV, Ektank
Autonomous shipping alliance One Sea has welcomed South Korea’s Avikus, a subsidiary of Hyundai Heavy Industries Group (HHI Group), as its latest member. One Sea Secretary General Sinikka Hartonen said: “Welcoming Avikus on board is an exciting development which brings in participation from one of our industry’s most important hubs
Finnish transmission system operator Gasgrid Finland has completed construction work for the floating LNG terminal in the deep harbour area in Inkoo as it expects Excelerate Energy’s floating storage and regasification unit (FSRU) Exemplar to reach the terminal as early as 25 December. On 20 December, Gasgrid also informed it
NEOM Green Hydrogen Company (NGHC) has signed facility agreements with local, regional, and international banks along with the execution of a commitment letter with the Saudi Industrial Development Fund (SIDF) for a mega green hydrogen plant, set to produce green ammonia, in NEOM, Saudi Arabia. Courtesy of NGHC Local, regional,
Norwegian energy player Equinor and its partners in the Snøhvit project have revealed plans to invest NOK 13.2 billion (around $1.3 billion) in upgrading the Hammerfest LNG (HLNG) plant at Melkøya with onshore gas compression and electrification. On 20 December, Equinor submitted a plan for development and operation (PDO) of
Swedish green electrofuels developer Liquid Wind has informed that its partner, Danish offshore wind developer Ørsted, will acquire full ownership of the FlagshipONE project, the largest green electrofuel facility in Europe that has reached a final investment decision (FID). The project was developed and previously co-owned by Liquid Wind and