Tag Archives: sustainabulity

Wood Secures $118 Million in Offshore Operations Contracts with Shell UK, Dana Petroleum, and CNOOC International

(IN BRIEF) Wood has secured contract extensions worth $118 million to continue its operations and maintenance services for Shell UK, Dana Petroleum, and CNOOC International’s UK offshore assets. This expansion reinforces Wood’s reputation as a trusted partner for North Sea … Read the full press release

UK’s £5.6 Million Centre to Develop Brain-Inspired, Energy-Efficient Computing Technologies with University of Southampton Involvement

(IN BRIEF) A new £5.6 million UK centre, led by Aston University and involving the University of Southampton and other leading institutions, is set to pioneer brain-inspired computing technologies. The centre will focus on developing energy-efficient neuromorphic computing solutions to … Read the full press release

voestalpine Calls for Continued Electricity Price Compensation to Protect Austria’s Energy-Intensive Industry

(IN BRIEF) voestalpine AG has urged the Austrian federal government to ensure fair competition for Austria’s energy-intensive industries by continuing to use electricity price compensation, a measure already utilized by many EU countries. The company emphasizes that this compensation is … Read the full press release

Alstom Revolutionises Cross-Border Rail Operations with Multisystem Traxx Universal Locomotives and Innovative Signalling Solutions

(IN BRIEF) Alstom is revolutionising cross-border rail transport in Europe with its Traxx Universal™ locomotives, which offer multisystem capabilities to navigate varying electrification standards across countries. These locomotives, combined with Alstom’s Onvia™ ETCS signalling system, enhance operational efficiency by ensuring … Read the full press release

UP Catalyst, FENC, and Oxylus Energy Win “Best CO2 Utilisation 2025” Award for Transformative Carbon Emission Technologies

(IN BRIEF) The “Best CO2 Utilisation 2025” Innovation Award has been presented to three innovators in the field of carbon capture and utilisation for their groundbreaking work in transforming CO2 emissions into valuable products. UP Catalyst’s technology for producing battery-grade … Read the full press release

KfW Strengthens Global Role with High Stable New Business in 2024 and Continued Focus on Climate Protection and Biodiversity

(IN BRIEF) KfW’s 2024 international business performance shows a stable level of EUR 34.2 billion, with a continued focus on climate protection, biodiversity, and geostrategic objectives. Through its subsidiaries, KfW supports projects aligned with Germany and Europe’s economic and geopolitical … Read the full press release

Ocean Yield Expands Stake in France LNG Shipping, Enhancing LNG Sector Presence

(IN BRIEF) Ocean Yield AS has increased its stake in France LNG Shipping (FLS), raising its indirect economic interest from 34% to 45%. The transaction will add about USD 250 million to the company’s EBITDA backlog. FLS operates 12 LNG … Read the full press release

VINCI Airports Launches First Phase of £100 Million Investment to Modernise Belfast International Airport

(IN BRIEF) VINCI Airports has unveiled the first phase of its £100 million expansion at Belfast International Airport, featuring a new terminal extension, advanced security systems, and a 1,600 sqm Duty-Free store. This investment aims to improve passenger experience, increase … Read the full press release

Koppö Energia Partners with thyssenkrupp Uhde for E-Methanol Plant Using Green Hydrogen and CO2

(IN BRIEF) Koppö Energia has chosen thyssenkrupp Uhde’s green methanol technology for its e-methanol plant in Kristinestad, Finland, part of a power-to-x project aimed at producing sustainable e-methanol for maritime and e-gasoline markets. This plant will capture CO2 and use … Read the full press release

SGS Expands Certification Services to Support New E-Micromobility Safety Regulations in New South Wales

(IN BRIEF) SGS is expanding its testing and certification services to comply with new regulations in New South Wales, Australia, aimed at improving the safety of e-micromobility devices and batteries. This expansion allows SGS to issue certifications for e-bikes, e-scooters, … Read the full press release

Euronext introduces new initiatives to strengthen Europe’s strategic autonomy in energy, security and defense sectors

(IN BRIEF) Euronext has introduced a series of initiatives focused on enhancing Europe’s strategic autonomy in energy, defense, and technology. These initiatives include the launch of thematic indices targeting energy security, aerospace, defense, and strategic autonomy. Additionally, Euronext is updating … Read the full press release

DNV Launches Advanced Solar Resource Measurement Stations to Boost Italy’s Renewable Energy Efforts

(IN BRIEF) DNV has launched a network of advanced solar resource measurement stations across Italy to support the country’s renewable energy goals. These stations measure solar irradiance, albedo, and soiling data to optimize energy output, particularly for bifacial solar modules, … Read the full press release

DNV and Havtil’s collaboration on AI-driven safety improvements targets dropped object incidents in offshore industry

(IN BRIEF) DNV and the Norwegian Ocean Industry Authority (Havtil) have launched a collaborative project to enhance offshore safety using artificial intelligence (AI). Their report, focusing on reducing risks related to dropped objects, demonstrates how AI can extract valuable insights … Read the full press release

DNV and Ørsted Achieve Milestone in Carbon Capture and Storage Project Bifrost with Feasibility Study Approval for CO2 Transportation via Repurposed Pipeline

(IN BRIEF) DNV and Ørsted have achieved a major milestone in the development of Project Bifrost, a CCS project aimed at CO₂ underground storage in the Danish North Sea. DNV has granted a Statement of Feasibility (SoF) for repurposing Ørsted’s … Read the full press release

GTT strengthens position as global leader in vessel performance management with Danelec acquisition

(IN BRIEF) GTT has signed an agreement with Verdane to acquire Danelec, a leading maritime data solutions provider, for €194 million. This acquisition positions GTT as the global leader in vessel performance management and enhances its presence in the Voyage … Read the full press release

BayWa AG successfully completes sale of stake in RWA Raiffeisen Ware Austria, reducing liabilities by over €500 million

(IN BRIEF) BayWa AG has completed the sale of its 47.53% stake in RWA Raiffeisen Ware Austria AG (RWA AG), a move that reduces its bank liabilities by over €500 million. The transaction, worth €176 million, followed the necessary regulatory … Read the full press release

Anglo American Addresses Recent Incident at Moranbah North Mine Amid Peabody Acquisition Agreement

(IN BRIEF) Anglo American acknowledges Peabody Energy’s statement regarding the acquisition of its Australian steelmaking coal mines, confirming that a contained ignition incident occurred at Moranbah North mine in March 2025. The company has ensured the safe evacuation of personnel … Read the full press release

Salzgitter Group Commits to Sustainability with €100 Million Investment in Energy Efficient Furnace and Heat Recovery System

(IN BRIEF) The Salzgitter Group is investing a substantial amount in a new walking beam furnace and waste gas heat utilization system at its hot strip mill, aimed at significantly reducing energy consumption and CO2 emissions. The walking beam furnace … Read the full press release

Vossloh Secures €20 Million Contract for Rail Fastening Systems in China’s High-Speed Network Expansion

(IN BRIEF) Vossloh has secured a €20 million contract to supply rail fastening systems for the high-speed rail line between Yulin and Cenxi in southern China. The line is part of the country’s expanding high-speed network, which enhances regional and … Read the full press release

SUEZ and EPAL E.P. Sign €100 Million Contract to Modernize Water Supply for 12 Million in Angola’s Luanda, Icolo, and Bengo Provinces

(IN BRIEF) SUEZ and EPAL E.P. have launched a €100 million contract aimed at modernizing the water supply system in Luanda, Icolo, and Bengo. The contract, effective from April 2025, focuses on increasing water production capacity, enhancing distribution performance, and … Read the full press release