While working on tackling the energy trilemma, BP, a UK-headquartered energy giant, has been growing its renewables portfolio to support the energy transition while continuing to develop hydrocarbon projects that help strengthen energy security. As a result, three big projects are on track to start up next year. Based on the common themes
Dutch Minister for Climate and Energy Policy Rob Jetten intends to appoint energy infrastructure firm Gasunie to develop an offshore hydrogen network in the North Sea. According to Gasunie, the Minister announced its intention to the House of Representatives on 2 December 2022. Hydrogen produced using offshore wind energy from
Finnish technology group Wärtsilä has been selected to provide cargo handling and fuel supply systems for Exmar LPG’s two LPG/Midsize gas carrier vessels. Photo: Wärtsilä As explained, the 46,000 cbm ships, dubbed the world’s largest LPG/Midsize gas carriers, are being built at South Korean shipyard Hyundai Mipo Dockyard (HMD). The
Japanese shipping major Kawasaki Kisen Kaisha Ltd (K Line) has laid out its short-term investment plans in a newly released report, earmarking a significant portion for environmental initiatives. “First of all, we aim to invest a total of ¥250.0 billion ($1.85 billion), within the amount of operating cash flows, over
Commodities trading group Trafigura has entered into a $3 billion four-year loan agreement guaranteed by the Federal Republic of Germany to secure gas supply. The loan is jointly arranged and underwritten by Deutsche Bank and another international bank and syndicated to a number of participating banks. Over 25 banks participated
Yinson Production, through its wholly-owned subsidiary, Yinson Azalea Production Pte Ltd, has entered into an agreement for preliminary activities with Azule Energy, through its wholly-owned subsidiary Eni Angola S.p.A, for the Agogo project in Angola. Under the agreement, the parties will commence all preliminary activities for the provision, operation and
China Merchants Energy Shipping (CMES) has revealed another order for two 175,000 cbm LNG carriers at compatriot shipbuilder Dalian Shipbuilding Industry Company. The company plans to allocate up to $235 million per vessel, pushing the total to $470 million. The shipping heavyweight said that the vessels are expected to be
RWE and Hyphen Hydrogen Energy have signed a Memorandum of Understanding (MoU) that could see RWE offtake up to 300,000 tons of green ammonia per year from Namibia. Courtesy of RWE Hyphen was appointed the preferred bidder by the Namibian government to develop the first green hydrogen project in Namibia
The 15th Offshore Energy Exhibition & Conference (OEEC) in Amsterdam once again proved to be a great success: as always, the two-day exhibition offered exciting networking opportunities, knowledge sharing, presentations, workshops and a lot more. Energy security, green hydrogen, human capital and floating wind were just some of the topics
Danish green hydrogen provider Everfuel has appointed new deputy chief executive officer (CEO) to expand the management team and drive the execution of the growth strategy. Martin Skov Hansen will assume the new role starting from 1 January 2023 with a special focus on organisation development, HR and maturing key business