A London court has ruled that the UK government’s funding of up to $1.15 billion of financing for the Mozambique LNG project led by French energy major TotalEnergies is lawful. According to reports by Reuters, the decision by London’s Court of Appeal was made on Friday, 13 January, dismissing an appeal
Production of MSC’s LNG-ready giants in full gear
The construction of MSC’s 16,000 TEU ultra-large containerships in China is ramping up with the second boxship hitting the water in the first two weeks of this year. Namely, Chinese shipbuilder Guangzhou Shipbuilding International (GSI) has launched a 16,000 TEU ULCVs named MSC Noa Ariela. The vessel is equipped with
US DOE supports ARCH2’s hydrogen hub funding application
US Department of Energy (DOE) has encouraged the Appalachian Regional Clean Hydrogen Hub (ARCH2) to submit a full application for the regional clean hydrogen hub Funding Opportunity Announcement (FOA) as designated in the bipartisan Infrastructure Investment and Jobs Act. ARCH2 said its goal is to leverage diverse regional resources to
H2Carrier teams up with L&T to develop floating green ammonia projects
Norway-based H2Carrier has signed a memorandum of understanding (MoU) with Indian multinational conglomerate Larsen & Toubro (L&T) for cooperation in developing floating green ammonia projects for industrial-scale applications. H2Carrier is the designer and owner of the proprietary floating energy production and storage system P2XFloater, an industrial-scale floating green hydrogen and
Keel laid for COSCO and CNPC’s 4th LNG carrier
Chinese shipbuilder Hudong-Zhonghua Shipbuilding is progressing with the construction of the fourth liquefied natural gas (LNG) carrier for compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC). Courtesy of Hudong-Zhonghua On 12 January, the shipbuilder held a keel-laying ceremony for the 174,000 cbm LNG carrier, the first unit
EU approves €1.1 billion Danish scheme for carbon capture and storage
The European Commission has given its approval for a €1.1 billion scheme to support the roll-out of carbon capture and storage (CCS) technologies in Denmark. The aid will be awarded through a competitive tendering procedure open to companies active in any industrial sector, including the waste and energy sectors, with
Vision Energy adds new subsidiaries for its project in the Netherlands
Vision Energy has incorporated new Dutch subsidiaries to accommodate strategic initiatives for prospective partners, operators, and launching customers for its integrated Green Energy Hub development in the North Sea Port of Vlissingen, the Netherlands. It incorporated Vision Hydrogen BV as a project development company to develop, own, and operate its
One third of TotalEnergies’ investments now in renewable energy and clean fuels
TotalEnergies is investing massively in renewable energy and clean and sustainable fuels, with one third of its investments now being made in these sectors as the company, most of whose currently operational projects are still in the oil & gas sector, moves towards a goal of having 50 per cent
World’s largest wind-assisted, LNG-fueled sailing ship unveiled
Orient Express, part of Paris-based hotel conglomerate Accor, has unveiled the world’s largest wind-assisted sailing ship that will also run on liquified natural gas (LNG). The project was developed in cooperation with compatriot shipbuilding company Chantiers de l’Atlantique and with the consultation of Hetland Maritime. Nantes-based design company Stirling Design International is
ADNOC starts new business venture ADNOC Gas
Abu Dhabi National Oil Company (ADNOC), a provider of lower-carbon intensity energy, has established ADNOC Gas, a new world-scale gas company that will combine the operations, maintenance, and marketing of the ADNOC Gas Processing and ADNOC LNG businesses into one global consolidated business. The new flagship, effective 1 January 2023,