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Noble Viking drillship; Source: Noble Corporation
Business & Finance

Shell prolongs Noble drillship’s stay in Malaysia

Noble Corporation has secured a contract extension for one of its drillships with Shell for operations offshore Malaysia.

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

GTT bags another 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 liquefied natural gas carriers (LNGCs). The order, received in the second quarter of 2023, came on behalf of CMES LNG Carrier Investment INC. GTT

about 3 years ago
NYK: Japan’s 1st LNG dual-fuel LNG bunkering vessel launched
Business Developments & Projects

NYK: Japan’s 1st LNG dual-fuel LNG bunkering vessel launched

KEYS Bunkering West Japan Corporation (KEYS), a joint venture established by Kyushu Electric Power Co., NYK Line, Itochu Enex Co., and Saibu Gas Co., has launched its newest liquified natural gas (LNG) bunkering vessel.

about 3 years ago
Reabold's North Sea portfolio; Source: Reabold Resources
Business & Finance

UK player seeking farm-down of high-graded assets in its North Sea basket

Reabold Resources has undertaken a high-grading exercise of its North Sea licences and plans to farm down its stake in retained assets.

about 3 years ago
Dorian LPG
Collaboration

4th dual-fuel LPG carrier joins Dorian LPG’s fleet

US-headquartered LPG shipping company Dorian LPG has taken delivery of the 2023-built dual-fuel LPG carrier Cristobal, the third dual-fuel LPG carrier to join the Dorian LPG fleet on long-term time charter with purchase options. The 86,000 cbm VLGC was built by South Korea’s Hyundai Samho Heavy Indu

about 3 years ago
CPP Investments and Power2X team up on green molecule projects
Business & Finance

CPP Investments and Power2X team up on green molecule projects

Canada Pension Plan Investment Board (CPP Investments) and hydrogen project developer Power2X have entered a long-term investment partnership aimed at advancing Power2X’s role in the global clean energy transition. According to the companies, the partnership plans to invest an initial €130 million t

about 3 years ago
Ithaca Energy
Business & Finance

Ithaca getting its hands on full ownership of UK gas discovery and three North Sea licences

Ithaca Energy has set the wheels into motion with the signing of a sale and purchase agreement to acquire the remaining stake in a discovery.

about 3 years ago
Procopiou’s Sea Traders signs up for 10 bulk carriers at Hengli Shipbuilding
Business Developments & Projects

Procopiou’s Sea Traders signs up for 10 bulk carriers at Hengli Shipbuilding

Sea Traders, owned by major Greek shipowner George Procopiou, has placed an order for ten Kamsarmax bulk carriers at Hengli Shipbuilding (Dalian) Co., a subsidiary of Hengli Heavy Industry Group.

about 3 years ago
ABS ammonia aip
Business Developments & Projects

KOMAC’s ammonia-fueled containership design wins nod from ABS

Korea Maritime Consultants Co., Ltd. (KOMAC) has secured approval in principle (AiP) from the American Bureau of Shipping (ABS) for its design of an ammonia-fueled containership. The 3,600-TEU vessel design aims to address what KOMAC forecasts will be as an increase in the market need for small-scal

about 3 years ago
Noble Resilient jack-up rig; Source: Noble Corp.
Business & Finance

Recoverable oil & gas volume in Shell’s recent UK North Sea discovery nearly doubled

Shell has carried out a post-well analysis of a discovery in the North Sea, indicating a significant boost in the estimated oil & gas resources.

about 3 years ago
EWP-EDF One power station in the Port of Jaffa, Israel (Courtesy of Eco Wave Power)
Business & Finance

Eco Wave Power gets final government grant for wave energy plant in Israel

Eco Wave Power has received the final grant funding from the Israeli Ministry of Energy for its landmark ‘EWP-EDF One’ wave energy power station in the Port of Jaffa, marking the official completion of the project.

about 3 years ago
With license secured, NeuConnect to start major construction in coming weeks
Business & Finance

With license in place, first UK-Germany energy link to start major construction

NeuConnect, the company behind the first energy link between the UK and Germany, has signed a license agreement with The Crown Estate, a step set to allow major construction work to begin this summer in the UK. Following negotiation and collaboration with The Crown Estate, the signed license agreeme

about 3 years ago
MPA Singapore sets sights on new all-electric harbour craft
Business Developments & Projects

MPA Singapore sets sights on new all-electric harbour craft

The Maritime and Port Authority of Singapore (MPA) has issued an Expression of Interest (EOI) to invite interested parties to submit proposals to design and promote adoption of full-electric harbour craft (e-HC) in Singapore.

about 3 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Business & Finance

Norway adds ‘largest discovery’ in a decade to its hydrocarbon arsenal

Wellesley Petroleum has made a significant gas and condensate discovery in a prospect located in the North Sea.

about 3 years ago
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