South Korea’s shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) is set to undergo a significant transformation under the Hanwha Group. The company will soon be rebranded as Hanwha Ocean, marking a new era for the organization. In an extraordinary board meeting held on May 8, it was
QatarEnergy has entered into two production sharing contracts (PSCs) for two blocks offshore Suriname, following successful bids for these blocks.
Shell has awarded a green recycling LNTP agreement to Modern American Recycling Services, Europe (M.A.R.S.) for an FPSO working off Brazil.
Africa is lagging behind in its digital uptake, which is putting at risk its ambition to become a gas-powered economy by 2030.
Six crew members, who were kidnapped by pirates from Monjasa Reformer, an oil and chemical tanker, in the Gulf of Guinea in late March have been rescued from an undisclosed location in Nigeria, as confirmed by the ship’s owner, Monjasa, on Monday. The Danish-owned vessel was seized on March 25 by a
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has signed a contract with Singaporean shipping company Eastern Pacific Shipping (EPS) for the construction of four Very Large Ammonia Carriers (VLAC) with a capacity of 93,000 cubic meters. The Chinese shipbuilder s
A devastating explosion occurred on board the aging oil tanker Pablo on Monday, May 1, tearing off its deck and engulfing it in a fierce fire that sent dark plumes of smoke billowing into the sky. The explosion took place off the coast of Malaysia, in one of the busiest shipping channels in the worl
TC Energy-led Coastal GasLink has entered spring with nearly 87% of construction complete. In an April update on its official website, it listed the following achievements: More specifically, in regard to the project’s sections individually, Coastal GasLink noted that while pipe installation is comp
The Blue Cluster in Belgium, an organization established to promote the development of innovative economic activities at sea, has appointed Piet Opstaele as its new chief executive officer.
After collecting tens of thousands of signatures on the petition, opponents of the planned LNG terminal off Rügen in Germany have presented their concerns to the Bundestag’s petitions committee regarding the inclusion of this location in the LNG Acceleration Act. With support from the German Environ
Equinor has made a final investment decision for an oil and gas project in the Campos Basin offshore Brazil.
A new FPSO unit for Petrobras’ revitalisation project in Campos Basin offshore Brazil, has started production.
The protracted ordeal endured by the crew members of the 300,000 dwt very large crude carrier (VLCC) Heroic Idun, who were detained in Nigeria and Equatorial Guinea since August last year, seems to be nearing a resolution. At the end of April, a Nigerian court approved a plea bargain between the shi
The Port of Oakland and the California State Transportation Agency (CalSTA) have met with a delegation of Japanese Ministry officials to discuss green initiatives to reach zero emissions from seaport operations.
