Marine construction and operations contractor Ocean Installer and energy technology company Baker Hughes have formalized an alliance to deliver an integrated subsea engineering solution said to provide efficiencies from project appraisal through to operations. The new global agreement is expected to
Vitol Asia Pte Ltd, a supply and trading unit of Vitol Group, will deliver the first LNG cargo to the first LNG terminal in Batangas Bay, near Manila, Philippines, in mid-April this year. On 3 April, Vitol said its unit will supply this first LNG cargo to San Miguel Global Power in the Philippines f
Green hydrogen production company Hy2gen has commissioned engineering and technology company Technip Energies to complete a pre-FEED study for its renewable hydrogen and renewable ammonia project, named Courant, located in Baie Comeau, Quebec, Canada. The pre-FEED phase for the project started at th
Dutch energy and commodities company Vitol has delivered the first LNG cargo to Elenger, one of the largest private energy companies in the eastern Baltic Sea region, via Finland’s new import terminal in the port of Inkoo. According to Vitol, the cargo was delivered on 2 April and it came from its p
McDermott’s Tareq Kawash has officially taken over the role of Group Chief Executive and Executive Director at Petrofac after Sami Iskander stepped down in order to pursue other interests. The oilfield services provider confirmed that the new group chief executive started the role as of 1 April and
J. Lauritzen, a Danish investment company focused on maritime industries, has signed a letter of intent (LoI) with Japanese shipbuilder Tsuneishi Shipbuilding for the construction of methanol dual-fuel bulk carriers. The LoI includes the construction of minimum two methanol dual-fuel 81,200 dwt Kams
Turkish Uzmar Shipyard has held a steel-cutting ceremony for Turkey’s first dual-fuel tugboat, being built for BOTAŞ Petroleum Pipeline Corporation (BOTAS), the state-owned crude oil and natural gas pipelines and trading company. The shipyard will build two Voith tractor-type propeller tugboats that
Taiwanese shipping company Wan Hai Lines has held a ship naming ceremony for the first in the series of 3,000 TEU containerships built by compatriot CSBC Corporation.
Fortescue Future Industries (FFI), a global green energy company, has secured renewable power for its proposed Holmaneset green energy project by entering into a long-term power purchase agreement (PPA) with Statkraft, a supplier of renewable energy. Under the conditional agreement, Statkraft is exp
Singapore shipowner Consort Bunkers has signed a contract with China Merchants Industry Nanjing Jinling Shipyard for six 6,500-ton methanol fuel bunkering ships. The 6,500-ton methanol fueling ships have a total length of 103.88 meters, a molded width of 19.00 meters, and a design draft of 7.00 mete
Japanese oil and gas company Inpex has shipped the 500th LNG cargo from its Ichthys LNG project in Australia. According to the company’s social media update, the milestone was reached on 31 March when the cargo departed onshore processing facilities near Darwin. The 2021-built 174,000 cbm floating s
James Fisher Subtech has signed a charter agreement with Olympic Subsea for the exclusive use and operation of the multipurpose offshore vessel Olympic Taurus. Olympic Taurus has already been mobilized for work from Montrose Port, Aberdeenshire, and fitted with a work-class remotely operated vehicle
APM Terminals, part of Danish shipping giant A.P. Moller – Maersk, has revealed its plans to expand the Maasvlakte II terminal at the Port of Rotterdam.
Following slow and consistent growth for two weeks in a row, the number of offshore rigs in the U.S. remained flat last week.
