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Gulf LNG Tugs places order for four low-emission tugboats
Business Developments & Projects

Gulf LNG Tugs places order for four low-emission tugboats

Gulf LNG Tugs of Brownsville (Gulf LNG Tugs) has signed two construction contracts with Master Boat Builders and Sterling Shipyard for each shipyard to construct two tugs to serve the Rio Grande LNG export facility (RGLNG).

about 3 years ago
ADNOC
Business & Finance

ADNOC powers decarbonisation drive with electrification and CCUS while curbing methane and boosting energy efficiency

ADNOC is rolling up its sleeves to deliver more energy with lower emissions by employing various decarbonisation levers.

about 3 years ago
€90 million Italian undersea cable starts operating
Business & Finance

Italy’s €90 million undersea cable starts operating

Italian transmission system operator (TSO) Terna has put into operation the €90 million undersea cable that connects the island of Elba with Italy’s mainland – a project said to be of fundamental importance for the country’s entire electricity system. The power line connects Portoferraio and Piombin

about 3 years ago
Babcock secures LR’s AiP for gas supply and CO2 cargo handling systems
Certification & Classification

Babcock secures LR’s AiP for gas supply and CO2 cargo handling systems

Babcock’s LGE business has received Approval in Principle (AiP) from classification society Lloyd’s Register (LR) for its multi-fuel gas supply and CO2 cargo handling systems.

about 3 years ago
Hanwha Ocean DNV AIP
Business Developments & Projects

DNV greenlights Hanwha Ocean’s LCO2 carrier and noise measurement

South Korean shipbuilder Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), has won an Approval in Principle (AiP) from and an Approval of Service Suppliers (AOSS) from DNV for two innovations: a large-scale liquefied carbon dioxide (LCO2) carrier tank and an underwater

about 3 years ago
Tellurian to sell more senior secured notes to Driftwood LNG
Business Developments & Projects

Tellurian and Baker Hughes sign Driftwood LNG equipment deal

U.S. companies Tellurian and Baker Hughes have reached an agreement to supply eight main refrigerant compression packages for phase 1 of the Driftwood LNG project. Baker Hughes said the agreement secures a delivery schedule for the eight LM6000PF+ gas turbines, main refrigerant compressors and contr

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Authorities & Government

With UK’s oil & gas industry on decarbonisation quest, more investment needed to tackle challenges ahead

Offshore Energies UK (OEUK) has welcomed the progress the UK oil and gas industry made in curbing emissions.

about 3 years ago
Illustration; Source: SLB
Business & Finance

INEOS inks technology deal with SLB to back its growth ambitions

Oilfield services company SLB and INEOS Energy have established a technology partnership to collaborate on subsurface technologies implementing digital artificial intelligence solutions. INEOS Energy will partner with SLB’s Performance Centre in Aberdeen to collaborate and innovate subsurface techno

about 3 years ago
ABS, GTT and DHT develop new LNG-powered VLCC design
Vessels

ABS, GTT and DHT develop new LNG-powered VLCC design

Classification society ABS, French containment specialist Gaztransport & Technigaz (GTT) and DHT Holdings have signed a joint development project (JDP) to optimize a new, very large crude carrier (VLCC) with liquified natural gas (LNG) propulsion.

about 3 years ago
DSIC orders GTT tank design for two LNG carriers
Business Developments & Projects

GTT nets new LNGC tank design order from Dalian Shipbuilding

French LNG containment specialist GTT has received an order from the Chinese shipyard Dalian Shipbuilding Industry Co. (DSIC) for the tank design of two new liquefied natural gas carriers (LNGCs). The order came on behalf of Sea Jade Investment, a joint venture owned by Hong Kong-based shipping comp

about 3 years ago
PSV Viking Queen; Source: Eidesvik Offshore
Business & Finance

More time for Eidesvik vessel with Wintershall Dea

Eidesvik Offshore has secured a contract extension for one of its platform supply vessels with Wintershall Dea for operations off Norway.

about 3 years ago
Nick Walker, Vår Energi's new CEO; Source: Vår Energi
Business & Finance

New CEO takes the reins at Vår Energi

Vår Energi has welcomed a new CEO to spearhead its strategy execution, market engagement, and stakeholder management.

about 3 years ago
BP signs third LNG offtake contract with Woodfibre
Business & Finance

BP signs third LNG offtake contract with Woodfibre

UK-based energy major BP has entered its third long-term liquefied natural gas (LNG) offtake contract from the Woodfibre LNG facility based in British Columbia, Canada. The contract involves the offtake of 0.45 million tons of LNG per year (mtpa) for 15 years on a free-on-board (FOB) basis, and acco

about 3 years ago
Illustration bulker
Business Developments & Projects

Seacon Shipping adds fuel-efficient bulker duo

Hong Kong-listed shipowner Seacon Shipping Group Holdings Limited has entered into a deal with Japanese Namura Shipbuilding for the construction of two 40,000 dwt bulk carriers. Seacon said that the two vessels are slated for delivery by the end of October 2025. The company is paying $33.48 million

about 3 years ago
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