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Certification & ClassificationRegulation & PolicyTechnologyVesselsBusiness Developments & ProjectsProject & TendersMarket OutlooksOutlook & StrategyTransitionBusiness & FinanceInfrastructurePorts & LogisticsExploration & ProductionCollaborationOperations & MaintenanceAuthorities & GovernmentRules & RegulationResearch & DevelopmentGreen Marine
ABS greenlights HD KSOE’s cargo handling technology for ethane carriers
Certification & Classification

ABS greenlights HD KSOE’s cargo handling technology for ethane carriers

ABS has awarded approval in principle (AiP) to HD KSOE for its design of an advanced cargo handling system for very large ethane carriers (VLECs).

about 1 year ago
Three men standing behind a desk holding documents
Business Developments & Projects

ADNOC’s XRG farms into Petronas-operated Caspian Sea block

XRG, a wholly-owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has signed a production sharing contract (PSC) with Malaysia’s Petronas and Turkmenistan’s Hazarnebit and Turkmennebit for gas and condensate fields forming part of a block in the Caspian Sea.

about 1 year ago
C40 Cities
Market Outlooks

LNG dual-fuel vessels offer faster payback than methanol and ammonia, says SEA-LNG

Investments in LNG dual-fuel vessels offer shipowners a shorter payback period than methanol, ammonia, or VLSFO, a new analysis from industry coalition SEA-LNG has found.

about 1 year ago
A large vessel with three small vessels next to it
Business Developments & Projects

Australian LNG player inks two domestic gas supply deals

Australia Pacific LNG (APLNG) has signed supply agreements with compatriot petroleum company Ampol Refineries and energy retailer, generator, investor, and developer Alinta Energy.

about 1 year ago
CLV Monna Lisa; Source: Prysmian
Business & Finance

Prysmian enriches subsea cable toolbox with vessel christening and expansion of Finnish factory

Prysmian has boosted its transmission business with the completion of the expansion works at its subsea power cable factory in Finland and the naming ceremony for the newest addition to its cable laying vessel (CLV) fleet.

about 1 year ago
Santos
Business Developments & Projects

Port of Santos, North Sea Port eye green shipping corridor

Brazil’s Santos Port Authority (APS) and the Dutch-Belgian North Sea Port have signed a memorandum of understanding (MOU) to collaborate on decarbonization-oriented initiatives.

about 1 year ago
Stena Forth drillship; Source: Stena Drilling
Business & Finance

Energean gives Moroccan offshore assets back to Chariot

Given its belief in the assets’ gas potential, Africa-focused energy company Chariot has retaken the operator role at two Moroccan offshore licenses from London-based oil and gas player Energean.

about 1 year ago
Rendering of an LNG terminal at night
Business Developments & Projects

Offtake deal locked in ahead of US LNG terminal’s FID

U.S.-based Commonwealth LNG and Kimmeridge Texas Gas (KTG), affiliates of the energy-focused alternative investment manager Kimmeridge, have inked binding agreements with Swiss-headquartered Glencore for the supply of liquefied natural gas (LNG) from an export facility under development in Louisiana

about 1 year ago
Illustration; Source: Saipem
Business & Finance

Saipem, Baker Hughes, Halliburton and SLB collect almost $1.5 billion in profit

Against the backdrop of supply chain challenges, elevated prices, trade wars, and geopolitical and economic pressures, four oilfield services giants – Italy’s Saipem and U.S.-headquartered Baker Hughes, Halliburton, and SLB – have reported a combined profit of $1.49 billion in the first quarter of 2

about 1 year ago
Illustration/CorPower Ocean's wave energy farm (Courtesy of CorPower Ocean)
Business Developments & Projects

CorPower Ocean to deploy 5 MW wave energy array at EMEC by 2029

Swedish wave energy developer CorPower Ocean has signed a berth agreement to develop a 5 MW wave energy array at the European Marine Energy Centre (EMEC) in Orkney, Scotland. According to CorPower Ocean, the project is expected to become the UK’s largest wave energy installation. Scheduled for deplo

about 1 year ago
FSRU Excelsior; Source: DET
Business & Finance

Germany’s next LNG terminal chapter nearly all-set to go live

Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, is closing in on the start-up of Germany’s second terminal in Wilhelmshaven.

about 1 year ago
BNQ and CSA Group introduce new standard for hydrogen production and carbon intensity
Authorities & Government

BNQ and CSA Group introduce new standard for hydrogen production and carbon intensity

Bureau de normalisation du Québec (BNQ) and CSA Group have published the ‘Joint Canada-U.S. National Standard’ – a methodology for reporting the production pathway and carbon intensity of hydrogen.

about 1 year ago
Ørsted Gippsland Australia
Business Developments & Projects

Surveys for Ørsted’s Australian offshore wind projects completed

Ørsted has completed geotechnical and geophysical investigations at two Gippsland offshore wind farm sites in Australia. Using specialist vessels and equipment, the developer tested approximately 60 locations across its two feasibility licence areas by scanning and sampling the seabed in the Bass St

about 1 year ago
Erik Thun splashes fourth hybrid Lake Vanern Max ship
Business Developments & Projects

Erik Thun splashes fourth hybrid Lake Vanern Max ship

Swedish shipping company Erik Thun has launched its fourth plug-in hybrid dry cargo vessel built at Ferus Smit shipyard in the Netherlands.

about 1 year ago
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