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HGK Shipping
Vessels

HGK Shipping names new future-fuel-ready, diesel-electric tanker

German shipping company HGK Shipping, a part of integrated logistics group HGK, has held a naming ceremony for its new future-fuel-ready, diesel-electric tanker.

about 1 year ago
FPSO Alvheim; Source: Aker BP
Business & Finance

Sale of North Sea oil field brings $24 million to Eni’s Vår Energi

Vår Energi, majority-owned by Italy’s Eni, has wrapped up the divestment of its interest in an Aker BP-operated field located in the Norwegian sector of the North Sea.

about 1 year ago
Acteon has partnered with Applied Fiber under a memorandum of understanding (MoU) to advance mooring solutions across global offshore sectors, from oil and gas to floating offshore wind.
Business & Finance

Acteon and Applied Fiber join forces for advanced offshore mooring solutions

Acteon, through its Moorings and Anchors business line InterMoor, has partnered with the U.S.-based Applied Fiber under a memorandum of understanding (MoU) to advance mooring solutions across global offshore sectors, from oil and gas to floating offshore wind. The MoU is expected to see the partners

about 1 year ago
Mitsui E&S to provide equipment for Japan’s ‘first’ offshore hydrogen station
Business Developments & Projects

Mitsui E&S to provide equipment for Japan’s ‘first’ offshore hydrogen station

Japan’s Mitsui E&S has received an order from compatriot Tsuneishi Corporation for a VD4-250GH-OL high-pressure, high-flow hydrogen compressor for use in what is said to be Japan’s “first” offshore hydrogen station.

about 1 year ago
Prime Minister (Acting), Minister of Energy and Energy Industries, Stuart Young, toured the Mento platform at the TOFCO fabrication yard on October 23; Source: BP
Business & Finance

BP and EOG look forward to first gas as countdown for sail-away of new offshore platform begins

BP is anticipating the sail-away of a new offshore platform over the next few weeks as final touches continue to be added to prepare the platform, destined for work off the coast of Trinidad and Tobago.

about 1 year ago
Avance Gas
Infrastructure

Avance Gas kick-starts VLGC deliveries to BW LPG as part of $1B deal

Norwegian ship owner and operator Avance Gas Holding has delivered the first very large gas carrier (VLGC) to Singapore-based counterpart BW LPG as part of the $1 billion sale unveiled in mid-August 2024.

about 1 year ago
US-German project developing low-cost subsea energy storage gets $7.7M boost
Authorities & Government

US-German collab gets $7.7M boost for development of low-cost subsea energy storage

U.S. and German governments are supporting two projects that have a mutual goal of developing a low-cost subsea energy storage technology that supports electrical grid decarbonization with funding of $7.7 million. The U.S. Sperra, dedicated to pioneering the next generation of renewable energy solut

about 1 year ago
TOWT
Vessels

TOWT christens first sailing cargo vessel, lays keel for the third ship

French sailing freight transport company TransOceanic Wind Transport (TOWT) has achieved milestones in the construction of its sailing cargo ships with a christening ceremony for the first vessel Anemos, and a keel-laying ceremony for the third ship in this series, Atlantis.

about 1 year ago
Topaz Driller rig; Source: Vantage Drilling
Business & Finance

Two jack-up rigs change hands

Vantage has bolstered its managed services by divesting two jack-up rigs, which enable ADES to expand its rig fleet.

about 1 year ago
Munin utility module; Source: Aker BP
Business & Finance

North Sea-bound 2,900-ton module for offshore platform all set to sail away toward gas project

Aker BP has confirmed the completion of a utility module’s construction phase a year after the first steel was cut for a platform, which is destined to be deployed at its gas development project in the North Sea off the coast of Norway.

about 1 year ago
A rendering of a FPSO vessel
Business & Finance

Hanwha Ocean’s standardized FPSO concept wins double blessing

South Korea’s shipbuilder Hanwha Ocean has received approvals in principle (AIP) for the preliminary front-end engineering design (pre-FEED) of a standard floating production storage and offloading (FPSO) facility from two classification societies, the United States’ ABS and France’s BV.

about 1 year ago
fuels
Regulation & Policy

European shipowners, T&E call on EU to make energy transition of shipping a priority

European Community Shipowners’ Associations (ECSA) and European green transport group Transport & Environment (T&E) have called upon EU leaders to prioritize clean fuel production as part of the upcoming Clean Industrial Deal.

about 1 year ago
FMC
Authorities & Government

US awards Hawaii with $59.2 million for deployment of zero-emission projects

The Hawaiʻi Department of Transportation (HDOT) will receive $59.2 million from the U.S. Environmental Protection Agency’s (EPA) Clean Ports Program to support the state’s climate adaptation and air quality planning efforts.

about 1 year ago
FPSO BW Opal; Source: BW Offshore
Business & Finance

Another ‘critical’ step taken to get FPSO ready for first gas in 2025

Norway’s FPSO operator BW Offshore has disclosed further progress in the integration and commissioning of its newbuild floating production storage and offloading (FPSO) vessel, which is on track to start work at a giant field off the coast of Australia in the first quarter of 2025. According to BW O

about 1 year ago
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