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Al Seer Marine secures $80mln financing for future-fuels-ready MR tanker duo

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Al Seer Marine, a subsidiary of International Holding Company, has secured $80 million in financing from BOCOM Financial Leasing, a subsidiary of the Bank of Communications, one of China’s largest commercial banks, for its newly delivered MR tankers Betelgeuse and Bellatrix. The post Al Seer Marine secures $80mln financing for future-fuels-ready MR tanker duo appeared… Read More »Al Seer Marine secures $80mln financing for future-fuels-ready MR tanker duo

Egyptian LNG coming to freshly opened Greek FSRU terminal

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Greek energy investment firm Copelouzos Group has formed a strategic partnership with Egypt’s state-owned gas player, Egyptian Natural Gas Holding Company (EGAS), to transport the latter’s liquified natural gas (LNG) through the recently opened floating storage regasification unit (FSRU) terminal in Greece. The post Egyptian LNG coming to freshly opened Greek FSRU terminal appeared first… Read More »Egyptian LNG coming to freshly opened Greek FSRU terminal

EMEC unlocks access to UK research funding

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The Orkney-based European Marine Energy Centre (EMEC) has secured independent research organization (IRO) status […] The post EMEC unlocks access to UK research funding appeared first on Offshore Energy.

Steel cut for Fjord1’s first zero-emission, autonomous ferry

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Construction has started in Türkiye on the first of four battery-powered autonomous double-ended ferries ordered by Norwegian ferry operator Fjord1. The post Steel cut for Fjord1’s first zero-emission, autonomous ferry appeared first on Offshore Energy.

Engineering contracts awarded for solar methanol plant in Port Augusta

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Vast Renewables and Mabanaft have awarded contracts to Fichtner and bse Methanol to commence pre-FEED work for SM1, the solar thermal-powered plant that will produce green methanol in Port Augusta, South Australia. The post Engineering contracts awarded for solar methanol plant in Port Augusta appeared first on Offshore Energy.

Nordic TSO quartet takes steps to bolster security cooperation

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Four transmission system operators (TSOs) of the Nordic region have decided to take measures into their own hands and strengthen their cooperation amid rising geopolitical tensions and ongoing Russia-Ukraine and Israel-Gaza conflicts. The post Nordic TSO quartet takes steps to bolster security cooperation appeared first on Offshore Energy.