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Japanese oil and gas player expands footprint off Malaysia
Business & Finance

Japanese oil and gas player expands footprint off Malaysia

Japan’s oil and gas producer Inpex has secured two offshore hydrocarbon exploration licenses in Malaysia’s latest bid round. Inpex reported on 15 February that it had executed production sharing contracts (PSC) with Petroliam Nasional Berhad (Petronas), Petronas Carigali Sdn. Bhd. (PCSB) and Petrole

about 3 years ago
Sixth LNG carrier for charter with Shell joins Knutsen’s fleet
Business Developments & Projects

Sixth LNG carrier for charter with Shell joins Knutsen’s fleet

Norwegian shipping company Knutsen Group has taken delivery of a newbuild 174,000 cbm liquefied natural gas (LNG) carrier at South Korean Hyundai Samho Heavy Industries (HSHI) shipyard. According to Knutsen’s social media update, the vessel named Extremadura Knutsen was delivered to the shipping co

about 3 years ago
Value Maritime’s Filtree system
Business Developments & Projects

WATCH: Eastern Pacific Shipping fits Value Maritime’s CSS system on a managed tanker

Singapore-based ship management company Eastern Pacific Shipping (EPS) has completed the installation of Value Maritime’s (VM) Filtree system onboard its managed vessel M/T Pacific Cobalt in Rotterdam, the Netherlands. The Filtree system, which filters sulphur and 99% of particulate matter, include

about 3 years ago
JERA and TAQA enter decarbonisation partnership
Business & Finance

JERA and TAQA enter decarbonisation partnership

Japanese energy major JERA has signed a Memorandum of Understanding (MOU) with Abu Dhabi National Energy Company (TAQA) that will see them explore opportunities to work together to develop projects in the area of decarbonisation. The partnership follows JERA’s efforts to develop business in the Midd

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Authorities & Government

Despite traces of hydrocarbons, Equinor comes up dry in North Sea well

Norwegian state-owned energy giant Equinor has completed the drilling of an appraisal well in the North Sea but failed to find hydrocarbons.

about 3 years ago
Wan Hai names new eco-friendly 13,100 TEU containership
Vessels

Wan Hai names new eco-friendly 13,100 TEU containership

Taiwanese shipping company Wan Hai Lines has hosted a naming ceremony for a new eco-friendly 13,100 containership at Samsung Heavy Industries’ (SHI) Geoje shipyard.

about 3 years ago
Amogy starts testing ammonia-to-power platform for maritime applications
Business Developments & Projects

Amogy starts testing ammonia-to-power platform for maritime applications

Brooklyn-based technology startup Amogy has signed a letter of intent and a lease with Sustainable Energy Catapult Center to kick-start testing operations for its 200kW ammonia-to-power platform in Norway. The operations will take place at Amogy’s recently launched testing facility for new and susta

about 3 years ago
Golden Ocean GOGL
Business & Finance

GOGL to add three more scrubbers to its Capesizes as it eyes premium earnings

Dry bulk shipping company Golden Ocean Group Limited (GOGL) has purchased three scrubbers that will be installed on three of its Capesize vessels due for drydock in 2023. The company assigned $1.2 million for the purchase, excluding installation costs. Scrubbers, also known as exhaust gas cleaning s

about 3 years ago
Ørsted selects carbon capture solutions provider for FlagshipONE
Business & Finance

Ørsted selects carbon capture solutions provider for FlagshipONE

Carbon Clean has secured a contract to supply the carbon capture equipment for Ørsted’s FlagshipONE project in Sweden, also known as Europe’s largest green methanol project. Under the contract, Carbon Clean will deliver carbon capture equipment capable of capturing 70,000 tonnes per year of CO2 from

about 3 years ago
Illustration; Source: Capricorn Energy
Business & Finance

Capricorn – NewMed merger plans come to naught

UK-based Capricorn Energy has dropped the previously announced merger agreement with Israel’s NewMed Energy, following board changes.

about 3 years ago
Africa
Green Marine

Africa could be green jobs leader

Africa has the potential to become a leading force in seafarer training and could secure many of the new green jobs being created as the global shipping industry moves towards low- and zero-carbon fuels, according to delegates at the Green Shipping Conference held in Accra. The conference is being h

about 3 years ago
ExxonMobil plans hydrogen and CCS facility in Texas
Business Developments & Projects

Honeywell carbon capture technology to be used at ExxonMobil’s Texas facility

Technology company Honeywell has announced that energy major ExxonMobil will deploy one of its carbon capture technologies, CO2 Fractionation and Hydrogen Purification System, at its integrated complex in Baytown, Texas, to enable ExxonMobil to capture about 7 million tonnes of carbon dioxide (CO2)

about 3 years ago
Meyer Turku starts building Royal Caribbean’s second LNG-fueled cruise ship
Business Developments & Projects

Meyer Turku starts building Royal Caribbean’s second LNG-fueled cruise ship

Construction of the second LNG-fueled Icon-class cruise ship for Royal Caribbean has started at the Meyer Turku shipyard. The shipbuilder confirmed this in a social media update stating that the construction began on 15 February with the traditional steel cutting ceremony. This will be Royal Caribbe

about 3 years ago
Illustration; Source: Rystad Energy
Business & Finance

Rystad: As decarbonisation kicks into high gear, peak in fossil fuel emissions anticipated by 2025

Rystad Energy, an energy intelligence group, predicts that fossil fuel emissions will peak within two years prior to fitting into the pattern of steady decline.

about 3 years ago
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