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Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Authorities & Government

$28 billion US LNG project in the Pelican State clears key regulatory export checkpoint

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has received the final seal of approval to export up to 3.96 billion cubic feet (bcf) per day of U.S. natural gas as liquefied natural gas (LNG) to non-free trade agreement (FTA) countries from it

about 9 months ago
Haesong Kepco
Business & Finance

Haesong Offshore Wind, KEPCO partner on smart fault detection tech for subsea cables

South Korea’s Haesong Offshore Wind has signed a Memorandum of Understanding (MoU) with Korea Electric Power Corporation (KEPCO) to introduce Smart Fault Locator (SFL) technology for submarine cable fault detection. The Haseong Offshore Wind 1-3 projects are managed and funded by Copenhagen Infrastr

about 9 months ago
Funding to accelerate 'sea snake' wave energy converter toward sea trials
Authorities & Government

Funding to accelerate ‘sea snake’ wave energy converter toward sea trials

UK’s national innovation agency Innovate UK has awarded a £750,000 (approximately €861,630) grant to a Wiltshire-based company to help advance the technology readiness and performance of its ‘sea snake’ wave energy converter (WEC) and pave the way for future sea trials at the Welsh Marine Energy Tes

about 9 months ago
Evergreen’s fleet expansion proceeds with fresh $2.8B order for LNG dual-fuel ships
Business & Finance

Evergreen’s fleet expansion proceeds with fresh $2.8B order for LNG dual-fuel ships

Taiwanese container shipping company Evergreen Marine Corporation has commissioned Chinese and South Korean shipyards to build a total of 14 LNG dual-fuel containerships in its latest fleet expansion move.

about 9 months ago
Vantage Drilling’s Tungsten Explorer drillship; Credit: Greg Williams
Authorities & Government

Cronos nexus unbound: Egypt and Cyprus put pen to paper for gas field development

With the aim of strengthening energy security through strategic collaboration, Egypt and Cyprus have inked multiple commercial agreements for a natural gas project, which will forge an energy bond between the two countries, enabling Cypriot gas to reach Egypt’s infrastructure.

about 9 months ago
‘World’s largest’ cable laying vessel launches, sea trials on schedule
Business & Finance

‘World’s largest’ cable laying vessel launches, sea trials on schedule

Jan De Nul has launched its first XL cable-laying vessel (CLV), Fleeming Jenkin, with the final vessel construction phase now starting, including sea trials. Jan De Nul announced in October 2023 that it had placed an order for Fleeming Jenkin at China’s CMHI Haimen shipyard, followed by an order for

about 9 months ago
Vessev
Business Developments & Projects

Vessev debuts new solution for ‘greater’ energy efficiency at sea

New Zealand-based electric hydrofoiling technology company Vessev has unveiled its brand-new podded electric propulsion system engineered to ‘improve’ a vessel’s overall energy efficiency. According to Vessev, the solution, which has been dubbed the VS–Drive, is a submersible motor that combines act

about 9 months ago
Seaspan
Infrastructure

Seaspan Energy, Anew Climate wrap up 1st STS bio-LNG bunkering in Long Beach

The US-based climate solutions specialist Anew Climate and Seaspan Energy, part of Canada’s Seaspan Marine, have completed their first ship-to-ship loading operation of renewable liquefied natural gas (bio-LNG) in the Port of Long Beach, California, making an important step forward in the transition

about 9 months ago
Tersan Shipyard starts building next zero-emission autonomous ferry for Fjord1
Business Developments & Projects

Tersan Shipyard starts building next zero-emission autonomous ferry for Fjord1

Norwegian ferry operator Fjord1 AS and Türkiye’s Tersan Shipyard have marked the beginning of the construction of another battery-powered, autonomous double-ended ferry.

about 9 months ago
Scarabeo 9 rig at sea
Business & Finance

Saipem’s rig trio rakes in millions for jobs with Eni in Africa, Mediterranean, and Far East

Saipem has boosted its offshore drilling order intake with new multimillion-dollar contracts and extensions that are perceived to reinforce its presence in key strategic areas, such as West Africa, the Mediterranean, and the Far East. As a result, three rigs will be on drilling duty with Eni, an Ita

about 9 months ago
Energy efficiency
Market Outlooks

Energy efficiency measures can slash the cost of shipping’s transition by up to $220B, World Bank report finds

Energy efficiency measures can reduce the total cost of the maritime energy transition by up to $220 billion per year, according to a new report released by the World Bank.

about 9 months ago
Illustration; Source: Petrobras
Authorities & Government

Petrobras cracks the code to turn rejection into approval: Go-ahead for drilling ops in hand

Brazil’s state-owned energy giant Petrobras has cleared the regulatory hurdle for its planned drilling activities in the Foz do Amazonas Basin, which is located in the northern offshore region of Brazil, near the mouth of the Amazon River.

about 9 months ago
GIZ, Neuman & Esser, and HDF Energy partner to decarbonize Indonesia’s ferry fleet
Business Developments & Projects

GIZ, Neuman & Esser, and HDF Energy partner to decarbonize Indonesia’s ferry fleet

The German International Cooperation Society (GIZ) has signed a PPP agreement with Neuman & Esser South East Asia (NEA SEA) and French HDF Energy to decarbonize Indonesia’s inter-island ferries to further scale the development of the country’s green hydrogen ecosystem.

about 9 months ago
Fugro LanWin1 LanWin2
Business Developments & Projects

Fugro completes surveys for TenneT’s 2 GW grid connection projects in Germany

Fugro completed land and marine surveys for TenneT Germany’s LanWin1 and LanWin2 grid connections, which are part of the transmission system operator’s (TSO) 2 GW program. The LanWin2 cable route required a range of onshore and nearshore investigation activities to support project development. Fugro

about 9 months ago
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