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UK project brings AI to subsea inspections
Business & Finance

UK project brings AI to subsea inspections

The UK’s National Subsea Centre (NSC) and Robert Gordon University (RGU) are collaborating on a data project to add artificial intelligence technology to subsea inspection operations. The Subsea AI Body of Knowledge (SAIBOK) project is using AI and machine learning technologies to accurately train a

about 3 years ago
KHI hands over LPG-fueled LPG/ammonia carrier to K Line
Vessels

KHI hands over LPG-fueled LPG/ammonia carrier to K Line

Japan’s Kawasaki Heavy Industries (KHI) has delivered an 86,700 cbm liquefied petroleum gas (LPG) and ammonia (NH3) carrier powered by LPG to compatriot transportation company K Line.

about 3 years ago
Knutsen welcomes LNG carrier for charter with ENGIE
Business Developments & Projects

Knutsen welcomes LNG carrier for charter with ENGIE

The fleet of Norwegian shipping company Knutsen Group has gotten a new member, an LNG carrier named Gordon Waters Knutsen. The group shared on its social media that the vessel is designed specifically for the transportation of liquefied natural gas (LNG), with a capacity of 174,000 cubic meters. It

about 3 years ago
Statfjord C platform; Credit: Harald Pettersen/Equinor
Business & Finance

‘First producing assets’ on the horizon, as Longboat snatches up stakes in two North Sea oil & gas fields

Longboat is in the process of expanding its oil and gas portfolio with stakes in two fields, which will become its initial production assets off Norway.

about 3 years ago
CoolCo purchases two newbuild LNG carriers from EPS
Business & Finance

CoolCo purchases two newbuild LNG carriers from EPS

Cool Company Limited (CoolCo), an owner, operator and manager of LNG carriers, has exercised its option to acquire two newbuild 2-stroke LNG carriers from affiliates of Eastern Pacific Shipping (EPS). The LNG carriers, named Kool Tiger and Kool Panther, are being built by Hyundai Samho Heavy Industr

about 3 years ago
MSC Mariella
Vessels

MSC welcomes another 24,000 TEU juggernaut into its fleet

Yangzi Xinfu Shipyard, a subsidiary of Jiangsu Yangzijiang Shipbuilding Group, has hosted a delivery ceremony for the fourth 24,000 TEU containership built for Swiss shipping major MSC Group and China Development Bank Financial Leasing Co., Ltd.

about 3 years ago
NextDecade targets early July FID for Rio Grande LNG
Business & Finance

NextDecade targets early July FID for Rio Grande LNG

U.S.-based energy company NextDecade has announced that Rio Grande LNG has received binding commitments from a syndicate of lenders in an amount sufficient, together with expected project equity funding, to support a positive final investment decision (FID) of the first three liquefaction trains (Ph

about 3 years ago
AHTS Elang Laut 1; Source: Solstad Offshore
Business & Finance

With another ship sale out of the way, Solstad sells vessels like hot cakes while other players snap them up

Solstad Offshore has sold an anchor handling tug supply (AHTS) vessel to a buyer, whose identity has not been revealed.

about 3 years ago
Nauticus' autonomous subsea robot to work for Petrobras
Business & Finance

Nauticus’ autonomous subsea robot to work for Petrobras

Houston-based Nauticus Robotics has secured a contract with Brazilian state-owned oil and gas giant Petrobras for the deployment and testing of its Aquanaut autonomous subsea robot offshore Brazil. The contract is said to come as Petrobras had recently ramped up efforts in robotics and artificial in

about 3 years ago
Offshore areas’ map for Open Uruguay Round; Source: ANCAP
Authorities & Government

Sole remaining block off Uruguay goes to Isle of Man-based oil & gas firm

Challenger Energy has been awarded the sole remaining available shallow water exploration block located off Uruguay.

about 3 years ago
Gulfstream LNG project receives export approval
Authorities & Government

Gulfstream LNG project receives export approval

Gulfstream LNG, a mid-sized greenfield LNG export project under development in Louisiana, U.S., has received authorization from the U.S. Department of Energy (DOE) to export produced LNG to all existing, and any future countries that have, or will enter, free trade agreement (FTA) with the U.S. This

about 3 years ago
Brunei Shell Petroleum
Business & Finance

Shell prolongs Wood’s assignment on 20 offshore installations in Brunei

Wood has secured a long-term contract extension for the work on 20 installations off Brunei with Brunei Shell Petroleum (BSP).

about 3 years ago
ORLEN’s LNG carrier Grażyna Gęsicka reaches Poland
Business Developments & Projects

ORLEN’s LNG carrier Grażyna Gęsicka reaches Poland

The second vessel of the fleet of gas carriers being built for the ORLEN Group has arrived at the port in Świnoujście, Poland, with a cargo of liquefied natural gas (LNG). The vessel Grażyna Gęsicka delivered some 65,000 tons of LNG loaded at the Freeport terminal in the United States (U.S.). Daniel

about 3 years ago
WinGD, MISC partner on technology & training for ammonia engines
Business Developments & Projects

WinGD, MISC partner on technology & training for ammonia engines

Swiss marine power company WinGD has entered into a collaboration agreement with shipowner and operator AET and maritime academy Akademi Laut Malaysia (ALAM), both part of MISC Group, to develop technology and training for ammonia engines.

about 3 years ago
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