New York City-based New Fortress Energy unveiled plans to set up an LNG-to-power project at the Suape Port in Brazil. Courtesy of New Fortress Energy The plans were unveiled after the company signed a memorandum of understanding with Petrobras Distribuidora and CCETC Brasil Holding to acquire 288MW of 15-year power
As Gazprom prepares to continue Nord Stream 2 pipelaying work in Danish waters, the U.S. State Department has again warned European companies of sanctions if they are suspected of helping to build Russia’s new gas pipeline. Nord Stream 2 has previously sent a notice to the Danish Energy Agency that
Q-LNG Transport and Shell informed that the first offshore LNG bunkering articulated tug and barge (ATB) in the United States, the Q-LNG 4000 is ready for operations. Courtesy of Harvey Gulf Designed to provide ship-to-ship transfers of LNG to vessels utilizing LNG and ship-to-shore transfers to small scale marine distribution
New York City-based New Fortress Energy has lined up a $5 billion deal to acquire Hygo Energy Transition and Golar LNG Partners. Courtesy of Hygo New Fortress Energy, an energy infrastructure company, will become the leading gas-to-power company in Brazil. With the acquisition of Hygo, a joint venture between Golar
Germany’s propulsion manufacturer Schottel has received a contract to deliver EcoPellers and PumpJets for two autonomous electric ferries ordered by Norway-based ASKO Maritime AS. India’s Cochin Shipyard Limited (CSL) is building the roll-on/roll-off (RoRo) pair. Both vessels will have full battery-electric propulsion and are designed for transporting trailers across Oslo
Siemens Gamesa and Siemens Energy are joining forces to develop a solution that fully integrates an electrolyzer into an offshore wind turbine as a single synchronized system to directly produce green hydrogen. Siemens Gamesa will adapt its development of SG 14-222 DD – the world’s most powerful offshore wind turbine
The COVID-19 lockdown has led to low oil and gas demand and a decline in global energy prices which affected the growth in the Asia-Pacific region. Courtesy of GlobalData Several companies in the Asia-Pacific region have realigned their capital spending during 2020, leading to delays in some pipeline and LNG
Prices of spot liquefied natural gas (LNG) imported into Japan are continuing their rise pushed by dropping temperatures. Courtesy of K Line Data from Japan’s Ministry of Economy, Trade and Industry shows that the price of spot LNG contracted during December 2020 reaching $8.6 per mmBtu. This is the highest
French energy pair Total and Engie have signed a cooperation agreement to design, develop, build and operate France’s largest renewable hydrogen production site. La Mède biorefinery (Courtesy of Total) The Masshylia project will be set up at Châteauneuf-les-Martigues in the Provence-Alpes-Côte d’Azur South region. Located at the heart of Total’s
NYK will participate in the design, development and engineering work of a floating LNG storage and regasification power generation facility in Papua New Guinea. Courtesy of NYK Line The new FSRP facility will have the capacity to generate 75 megawatts of power to be exported to the local transmission grid
TechnipFMC has named Alf Melin as its new executive vice president and chief financial officer, effective January 25, 2021. Melin has been with the company since 1995 and has held multiple leadership positions in finance, treasury and operations. He currently serves as senior vice president, finance operations, where he is
