PRIO has expanded its footprint off the coast of Brazil by acquiring non-operated interests of two Chinese players in a field offshore Rio de Janeiro, said to be Equinor’s largest operated field outside Norway.
Despite the fact that it is maturing faster than other alternative fuels, LNG and the pathway to net zero is still in its adolescence as more investment in this segment is needed, industry coalition SEA-LNG has noted. SEA-LNG highlighted that the approximately 2,200 LNG-fuelled vessels and LNG carri
The UK-based classification society Lloyd’s Register (LR) has shared the rationale behind granting an approval in principle (AiP) to French technological containment specialist Gaztransport & Technigaz (GTT) for its 200,000 cubic meters (cbm) liquefied natural gas (LNG) carrier concept.
TechnipFMC has put the first equipment part of a subsea production system in place for an oil development at the Stabroek block off the coast of Guyana, which ExxonMobil Guyana Limited, a subsidiary of the U.S.-headquartered energy giant ExxonMobil, operates.
KN Energies has taken possession of a floating storage and regasification unit (FSRU) working at its LNG terminal on Lithuania’s Kiaulės Nugara Island.
French shipping major CMA CGM has taken delivery of its latest eco-friendly 5,500 TEU containership from Beihai Shipbuilding, a part of China State Shipbuilding Corporation (CSSC).
The U.S. Bureau of Ocean Energy Management (BOEM) has taken steps to set the stage for the next oil and gas leasing round to be held for offshore acreage in the Gulf of Mexico (GOM) by revealing a draft programmatic environmental impact statement (EIS) for which it is seeking public comments.
While compliance with upcoming regulations will be expensive, applying certain strategies and measures can significantly reduce the cost, according to a new white paper from classification society DNV.
The U.S. Patent and Trademark Office has granted the U.S.-based marine energy company C-Power a patent for its SeaRAY ocean energy converter. According to C-Power, the patent, which stems from a customer-driven design process, validates the SeaRAY technology as a unique innovation in the ocean energ
TGS has won a new deal in South Atlantic and joined forces with Blue River Analytics, creators of the Analytics for Energy (A4E) Suite on the Spotfire platform, to optimize well and production data analysis.
Sembcorp Fuels, a wholly-owned subsidiary of Singapore’s Sembcorp Industries, has signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Singaporean branch of U.S.-headquartered energy giant Chevron.
The U.S. Department of Energy (DOE) has allocated over $18 million for 27 research and development (R&D) projects to advance marine energy and offshore wind technologies. According to the U.S. DOE, these initiatives, which will be undertaken across 17 universities, including five minority-serving in
London-based containership owner Global Ship Lease (GSL) has penned a deal to purchase four high-reefer ECO 9,115 TEU containerships for an aggregate purchase price of $274 million. According to London-based data provider VesselsValue, the boxships were built by the Philippines-based Hanjin Subic sh
The Danish Environmental Agency has granted the HØST PtX Esbjerg project the primary environmental approvals – EIA approval of the project and environmental approval of the facility, marking a milestone in the project’s development.
