Finnish state-owned energy company Gasum has signed an e-methane offtake agreement with Nordic Ren-Gas. The purchased e-methane will be delivered to customers in the road and maritime transport sectors. Visualisation of the Nordic Ren-Gas plant in Tampere. Source: Nordic Ren-Gas Under the long-term agreement, Gasum will buy all of the
Marine LNG infrastructure company Energos Infrastructure, majority-controlled by Apollo-managed funds and minority shareholder New Fortress Energy (NFE), has completed the acquisition of two floating storage and regasification units (FSRUs) from affiliates of Dynagas, an LNG maritime transportation company. Archive; Courtesy of Hudong-Zhonghua Shipbuilding According to Energos Infrastructure, the two 174,000
Swedish shipping company Stena RoRo has placed an order for a dual-fuel RoPax-class E-Flexer vessel which will be operated by French ferry operator Corsica Linea. Stena RoRo As informed, the ship will be constructed at Chinese shipyard CMI Jinling (Weihai). Stena RoRo currently has thirteen confirmed orders for E-Flexer vessels,
Canada’s Ksi Lisims LNG, a co-development of the Nisga’a Nation, Rockies LNG, and Western LNG, has signed a 20-year LNG sale and purchase agreement (SPA) with Shell. This is the first LNG offtake agreement executed by Ksi Lisims LNG. Under the agreement, Shell will purchase 2 million tonnes of LNG
A consortium consisting of Lotte Chemical, Korea National Oil Corporation (KNOC) and Samsung Engineering has chosen KBR’s K-GreeN technology for Lotte Chemical’s green ammonia project, a part of H2biscus green hydrogen and ammonia project development in Sarawak, Malaysia. Illustration only; Archive; Courtesy of Samsung Engineering Specifically, under the terms of
Share this article Iberdrola and the World Bank, through its private sector investment arm, the International Finance Corporation (IFC), have signed a €300 million loan agreement to develop renewable energy projects in countries dependent on fossil fuels, including Morocco, Poland and Vietnam. IFC has already allocated a first tranche of
Norwegian energy major Equinor and global industrial gases and engineering company Linde have signed a project development agreement to work as partners on the H2M Eemshaven low-carbon hydrogen project in the Netherlands. Image by Linde Equinor’s H2M Eemshaven project aims to build a production facility in the Eemshaven industrial area,
The Norwegian Ministry of Energy has approved PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, as operator and partner with Horisont Energi in the only CO2 storage located in the Barents Sea. Source: Horisont Energi Horisont Energi and PUN announced a sales purchase agreement on December 11, 2023, making PUN
South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has received orders to build two very large ammonia carriers (VLAC) and two liquefied petroleum gas (LPG) carriers. LPG Carrier/Illustration; Image by KSOE As disclosed, the company will build two ammonia carriers under a KRW 317 billion
LNG shipping company Flex LNG will take redelivery of the 2019-built Flex Constellation as the carrier’s current charterer, a trading house, has decided not to exercise its extension option. Courtesy of Flex LNG Flex Constellation was fixed on a three-year time charter on May 17, 2021, with an option to