UAE’s ADNOC Gas, an integrated gas processing company, has signed a 14-year supply agreement with the Indian Oil Corporation (IOCL) for the export of up to 1.2 million metric tons per annum (mmtpa) of liquefied natural gas (LNG). According to ADNOC Gas, the agreement, valued in the range of $7 billi
Liquefied natural gas (LNG) has become cheaper maritime fuel than Very Low Sulphur Fuel Oil (VLSFO), according to the most recent analysis made by Danish consultancy Sea-Intelligence. To comply with the IMO2020 regulations aimed at cutting sulphur emissions, the shipowners were given a choice betwee
Swiss freight trader Cargill has completed two pilot projects with Safetytech Accelerator, a dedicated technology accelerator established by Lloyd’s Register, involving robotic hull cleaning solutions and automated data collection from ship machinery. The projects were selected as part of Safetytech
With the demand for black gold still going strong, Europe has replaced Russian oil barrel for barrel by importing more from other producers.
MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has achieved a drop in carbon emissions intensity worth 33.5 percent since 2008, and is on track to achieve its 40 percent reduction target ahead of 2030, the company revealed in its sustainability report for 2022. “We continue to s
Japan’s IHI Corporation has been awarded a contract to undertake pre-FEED Woodside Energy Technologies to assess the feasibility of manufacturing and exporting ammonia in Greenpoint and Tiwai Point in New Zealand’s Southland. The proposed project is targeting to produce 500,000 tons per year of ammo
The Government of Canada has announced an investment of up to $38 million under the National Trade Corridors Fund to improve cargo movement at the Port of Argentia based in Newfoundland. The funds are targeting the expansion of the existing Fleet Dock terminal. This expansion includes the constructi
Prosafe has disclosed a new timeline during which one of its semi-submersible vessels is expected to kick off its pending assignment.
Japan’s energy major JERA and Saudi Arabia’s Public Investment Fund (PIF) have signed a Memorandum of Understanding (MoU), which is set to drive cooperation between the two parties, to explore opportunities for the development of green hydrogen projects and derivatives. Specifically, according to JE
Houston-headquartered Forum Energy Technologies (FET) has delivered an electric observation-class remotely operated vehicle (ROV) to Canadian Memorial University of Newfoundland which can be used for renewable energy projects, among other things. Delivered to the Fisheries and Marine Institute, the
Following an international tender, First Gen Corporation has selected Shell for the first LNG cargo delivery and completed the berthing of the BW Batangas FSRU at its offshore LNG terminal in the Philippines. First Gen, in partnership with Tokyo Gas, is developing the Interim Offshore LNG Terminal t
PD Ports, a Middlesbrough headquartered port, shipping and logistics company, has just announced a £23 million investment in a new dredging vessel. The 71m long dredger, which has already been named the Emerald Duchess following a competition among PD Ports employees, will arrive at Teesport next su
Oslo-listed oil and gas E&P player BW Energy has started production from the third well in its multi-well programme offshore Gabon.
Woodside is laying out the groundwork to develop and bring several energy projects online, including oil and gas, low-carbon, and renewable ones.
