Japanese shipping major Mitsui O.S.K. Lines, Ltd. (MOL) has concluded a commitment line agreement through a transition-linked loan with Sumitomo Mitsui Banking Corporation (SMBC).
China’s oil and gas company CNOOC Limited has commenced operations from its oilfields onshore power project located in Bohai Bay, which will supply electricity to 39 offshore production platforms. The main facilities of the Bozhong-Kenli project include four offshore electric power platforms and one
The Port of Tianjin, the largest port in Northern China, has marked another milestone in its strategy to convert the port into a smart and green energy hub. Namely, three wind turbines intended for clean power generation were connected to the port’s power grid marking the completion of phase II of t
Danish and Belgian transmission system operators (TSOs) Energinet and Elia have issued a contract notice seeking environmental engineering consultancy services for the development of the subsea cable route for a new interconnector project in the North Sea. Elia and Energinet are developing the Trito
Chinese shipbuilding company Xiamen Shipbuilding Industry, part of Fujian Mawei Shipbuilding, has held a steel-cutting ceremony for the first liquefied natural gas (LNG)-powered RoRo ship being built for Bank of Communications Leasing (Bocomm Leasing) and COSCO Haite.
UK-headquartered IOG plc is planning to drill the second Blythe production well directly after the Southwark A1 well in the first half of 2023 as part of the Saturn Banks Project – Phase 1 in the UK Southern North Sea. In an announcement from 22 December, IOG stated that all subsea work had been com
This year saw an ordering spree for LNG carriers amid spiking demand for LNG driven primarily by the ongoing geopolitical turbulence in Europe as the EU battles to break away from dependence on Russian gas instigated by Russia’s war in Ukraine. A total of 162 new orders have been placed so far this
Japanese electricity generator JERA has signed a key term sheet with Oman LNG for the long-term sale and purchase of liquefied natural gas (LNG). Under the 10-year agreement, JERA will purchase up to 12 cargoes (approximately 0.8 million tons) per year of LNG produced from the Oman LNG project start
US liquefied natural gas (LNG) export project developer Venture Global and Japan’s oil and gas company Inpex have signed a long-term sales and purchase agreement for the purchase of one million tonnes per annum (1 mtpa) of LNG for 20 years. Under the agreement, Inpex Energy Trading Singapore (IETS),
Fugro Netherlands Marine has won a contract to carry out an unexploded ordnance (UXO) survey and identification campaign at the 900 MW EnBW he Dreiht offshore wind farm in the German North Sea. The He Dreiht offshore wind farm will be built some 90 kilometres northwest of the island of Borkum and ab
Malaysian FPSO provider Yinson has secured another contract extension with Addax Petroleum for a floating, production, storage, and offloading (FPSO) vessel carrying out operations in Nigeria. Yinson revealed on 22 December that it had received a new short-term extension of the contract for FPSO Ado
CSSC Huangpu Wenchong, a subsidiary of the China State Shipbuilding Corporation, has launched the second multi-purpose gas carrier being built for compatriot LPG carrier owner Tianjin Southwest Maritime (TSM). The 9,500 cbm vessel (hull number H5509) is the second ship from the series currently unde
Japanese shipping heavyweight NYK has held a naming ceremony for the second dual-fuel very large gas carrier (VLGC) for charter with LPG trader and importer Astomos Energy Corporation.
South Korean Hyundai Heavy Industries Group has changed its name to HD Hyundai, the company said in a regulatory filing. According to Korean media reports, the name change coincides with the 50th anniversary held in Seongnam, Gyeonggi Province, which served as the stage for the company to declare it
