energy transition

After delivering converted FPSO to MODEC, Seatrium gets its hands on refinancing of over $303 million

Seatrium has secured early refinancing of S$400 million (more than $303.13 million) from DBS Bank Limited with an option to convert to a sustainability-linked loan.
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Deloitte: We’ve picked low-hanging fruits, now it’s time for fundamental choices in energy transition

The energy transition is at crossroads, and it’s time to find new ways, Deloitte, one of the world’s largest professional services provider, highlighted at the Offshore Energy Exhibition & Conference 2023 (OEEC 2023) in Amsterdam this November.
Th…

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Eight countries take steps to erase fossil fuels from EU’s power system as ‘ground-breaking’ new law comes to light

Eight European countries – Austria, Belgium, France, Germany, Luxembourg, the Netherlands, Switzerland, and Lithuania – have made commitments that put them en route to fossil-free power by 2035. 
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