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Smurfit Kappa will invest €54 million to double the capacity of its Ibi Bag-in-Box plant in Alicante, Spain. Smurfit Kappa’s latest investment is set to strengthen the sustainability of both the plant’s operations and its product portfolio, with enhanced waste management systems and significant savings in energy consumption. Bag-in-Box Ibi has got a strong track…
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Feb 2, 2024 Peregrino plaform (Credit: Ricardo Santos ©Equinor) U.K. engineering company Wood has secured a contract extension with Equinor to deliver maintenance and modification solutions to its Peregrino offshore assets in Brazil. The two-year extension, worth $80 million, builds on a long-term and global partnership with Equinor, where Wood supports its operations in the…
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Feb 2, 2024 L to R: FSRU and LNG Carrier Concept (Credit: Gaz-System) Mitsui O.S.K. Lines (MOL) has been selected by Gaz-System as the preferred shipowner to time charter out a floating storage and regasification unit (FSRU) for the planned LNG import terminal in the Gulf of Gdańsk in Poland. Polish gas transmission system operator…
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Woven Capital, Toyota’s growth fund, has invested in Corvus Energy to accelerate the development of its growing product portfolio in battery storage and hydrogen fuel cells and to support expansion into new geographies. Corvus and Toyota have collaborated since 2021 to develop safer and more advanced marine fuel cell systems. Corvus has engaged in more…
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Image: Elewit The Casandra platform is being developed as an advanced transmission planning tool by Spanish TSO Red Eléctrica and its technology partner Elewit. Casandra aims to be a comprehensive solution to streamline the network planning process as it becomes increasingly complex with the transition to a decarbonised and decentralised energy system. With the requirement…
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MacArtney Offshore Wind Solutions has been hired by Jan de Nul to design and supply custom CEMAC tensioner systems for its entire cable laying vessel (CLV) fleet, which includes the world’s largest cable layer – the Fleeming Jenkin. MacArtney’s comprehensive scope involves designing, constructing, and delivering advanced tensioner systems for Jan De Nul Group’s CLV…
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Image: Litgrid Lithuania’s electricity transmission system operator Litgrid has completed tests of artificial intelligence and sensor technologies, finding that their use has enabled a 52% increase in throughput capacity for the country’s transmission lines. In their tests, the TSO installed special devices on power lines to measure weather conditions and an innovative model assessed the…
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Image: Exodigo Subsurface maps should improve undergrounding processes for power lines as part of the effort to overhaul and modernise the US grid. As part of the US DOE’s Grid Overhaul with Proactive, High-speed Undergrounding for Reliability, Resilience, and Security (GOPHURRS) programme, subsurface mapping specialist Exodigo is participating in a Pacific Northwest National Laboratory (PNNL)…
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Feb 1, 2024 Source: McDermott McDermott has been awarded two contracts from North Oil Company (NOC) to deliver engineering, procurement, construction, installation and commissioning (EPCIC) for packages 11 and 13 of the Ruya Development Project, as part of the expansion of the Al-Shaheen field, Qatar’s largest oil field. The Package 11 mega contract scope, awarded…
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A new EU project will bring together companies and researchers from across Europe to develop and convert a bulk carrier to sail on climate-neutral fuels and green power. The GAMMA (Green Ammonia and biomethanol fuel MAritime vessels) project began in January 2024 and will run for five years. It has received €13m (US$14m) from the…
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