In preparation for its expansion in the United States, Swedish wave energy developer CorPower Ocean has signed a memorandum of understanding (MoU) with America’s blue economy research and developments center AltaSea at the Port of Los Angeles. The agreement will provide CorPower with access to facil
Société Nationale des Pétroles du Congo (SNPC), Eni Congo, and Lukoil have signed a long-term contract for the purchase and sale of LNG with Eni SPA, marking an advancement in the LNG Marine XII project. According to SNPC, the contract was signed on September 14, 2023, and will run for a period of 2
Wärtsilä Gas Solutions Norway has signed a contract with Høglund for the delivery of complete cargo and fuel gas control systems to four very large ethane carriers (VLECs).
BP has appointed an interim Chief Financial Officer (CFO), after moving its previous CFO to the interim Chief Executive Officer (CEO) role.
South Korean companies Samsung Heavy Industries (SHI) and Pan Ocean have teamed up to demonstrate a digital twin-based ship management platform on one of Pan Ocean’s LNG carriers. To this end, SHI and Pan Ocean signed a memorandum of understanding (MoU) for the development of comprehensive digital s
UK-headquartered SEA-KIT International has launched a proprietary vessel control system (VCS) with the goal of enhancing the capability of its uncrewed surface vessels (USVs). As part of the development, new autopilot and drive modules have been built into SEA-KIT’s existing, purpose-built remote he
Chinese shipbuilder New Times Shipbuilding (NTS) has held a launching ceremony for two liquified natural gas (LNG) dual-fuel bulk carriers owned by Himalaya Shipping.
Aker Solutions has secured a long-term contract extension with Shell for a natural gas processing plant in Norway.
Danish shipping giant A.P. Moller Maersk and French major CMA CGM have decided to join forces on several areas relating to decarbonization, including the development of greener fuels for ships.
Vår Energi has updated its cost estimate for a field life extension project in the North Sea off Norway to reflect a tighter supplier market.
U.S.-based Commonwealth LNG has entered into a heads of agreement (HoA) with compatriot EQT for one million tons per annum (mtpa) of LNG under a 15-year tolling agreement, and associated gas supply to Commonwealth LNG’s facility in Cameron, Louisiana, U.S. According to Commonwealth, the terms antici
Classification society Bureau Veritas (BV) and South Korean shipbuilder Hanwha Ocean have announced a Joint Development Project (JDP) on the structural assessment of independent liquified natural gas (LNG) fuel tanks for ultra-large container ships.
Equinor Wind US has hired Ocean Infinity for survey work on one of the first-ever floating offshore wind farms on the US West Coast. Under the terms of this contract, Ocean Infinity will undertake a comprehensive site investigation survey using multiple AUVs (Autonomous Underwater Vehicles) simultan
Equinor has revised the cost estimate for its Johan Castberg project in the Barents Sea due to the rise in cost within the industry.
