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CB&I and Hanwha Ocean’s LH2 carrier design okayed by DNV
Certification & Classification

CB&I and Hanwha Ocean’s LH2 carrier design okayed by DNV

CB&I and Hanwha Ocean have received approval in principle (AiP) for the design of a cargo containment system and an 80,000 cbm liquid hydrogen (LH2) carrier from DNV.

about 1 year ago
An artist's rendering of a a floating production unit
Business & Finance

Ten-year deal with Woodside helping Japan up its decarbonization ante by adding Australian LNG to its energy mix

Australian energy player Woodside has signed a long-term sale and purchase agreement (SPA) with Japan’s power generation company JERA, a joint venture of TEPCO Fuel & Power Incorporated and Chubu Electric Power Company, to deliver liquefied natural gas (LNG) to Japan.

about 1 year ago
Blackford Dolphin rig; Source: Dolphin Drilling
Business & Finance

Dolphin Drilling rig’s journey to India nearing the finish line

Dolphin Drilling has revealed that one of its semi-submersible rigs is heading down the home stretch to India, where it will begin its new drilling campaign.

about 1 year ago
Slow steaming
Business Developments & Projects

Slow steaming: The other side of the coin

Although many shipowners are turning to slow steaming to cut fuel consumption and emissions, this strategy could have negative effects as well, design and engineering firm Houlder has warned.

about 1 year ago
An offshore platform with cranes surrounded by two vessels
Business & Finance

Trinity’s takeover by Trinidadian firm pressing on as previous contender decides to step back

After the acquisition of UK’s Trinity Exploration and Production, which has a portfolio of onshore and offshore oil assets located solely in Trinidad and Tobago, by Canada-based Touchstone Exploration was upheaved by a cash offer from a third player, Trinidad-headquartered Lease Operators, the new w

about 1 year ago
ABS greenlights HD Hyundai Mipo’s LCO2 carrier design
Certification & Classification

ABS greenlights HD Hyundai Mipo’s LCO2 carrier design

Classification society ABS has awarded approval in principle (AiP) to South Korean shipbuilder HD Hyundai Mipo Dockyard (HMD), a division of shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE), for its design of a liquefied carbon dioxide (LCO2) carrier.

about 1 year ago
FPSO Haikui-1; Source: CNOOC
Business & Finance

First oil flows from Asia’s deepwater revitalization project sporting new platform and FPSO

CNOOC has kicked off production from an oil project off the coast of China, which has been equipped with a platform and floating production, storage, and offloading (FPSO) unit as part of the revitalization efforts undertaken at old deepwater oil fields, contributing new value to ensure the country’

about 1 year ago
Ertuğrul Gazi is Türkiye-flagged floating storage regasification unit (FSRU) for liquified natural gas; Source: BOTAŞ
Authorities & Government

After ExxonMobil, Shell and TotalEnergies shake hands with BOTAŞ on 10-year LNG deals fueling Türkiye’s regional gas hub aspirations

Shell and TotalEnergies have sealed multi-year liquefied natural gas (LNG) deals with the Turkish Petroleum Pipeline Corporation (BOTAŞ).

about 1 year ago
A large vessel sailing
Business & Finance

US-Greek LNG deal opens new route for energy diversification in Europe

Venture Global, a U.S. producer of liquefied natural gas (LNG) sourced from North American basins, has signed a binding multi-year terminal use agreement (TUA) with Greek gas player Gastrade, to supply markets in Central and Eastern Europe (CEE) with LNG from the former’s Louisiana terminals.

about 1 year ago
FLNG MKII design with 3.5 mtpa; Source: Golar LNG
Business & Finance

New order fires starting gun on next LNG-carrier-to-FLNG conversion work with $2.2 billion budget

Golar LNG is pooling resources with China’s CIMC Raffles and Black & Veatch to bring to life an MK II floating LNG (FLNG) vessel with an annual liquefaction capacity of 3.5 million tons of LNG per annum (mtpa).

about 1 year ago
MT Suvarna Swarajya explosion: NGOs call for urgent reform in shipbreaking industry amid regulatory failures
Regulation & Policy

MT Suvarna Swarajya explosion: NGOs call for urgent reform in shipbreaking industry amid regulatory failures

The September 7 explosion on the oil tanker MT Suvarna Swarajya in Bangladesh—which claimed the lives of six people with four still in critical condition—has brought to light the lack of adequate international and national regulations, oversight and labor rights protections in the shipbreaking indus

about 1 year ago
PONANT’s low-carbon, wind-assisted passenger vessel design gets BV’s AiP
Certification & Classification

PONANT’s low-carbon, wind-assisted passenger vessel design gets BV’s AiP

Bureau Veritas (BV) has granted approval in principle (AiP) to PONANT for its new twin-screw sailing passenger vessel concept Swap2Zero.

about 1 year ago
Approvals issued for design of 23,000 cbm and 50,000 cbm LCO2 carriers
Certification & Classification

Approvals issued for design of 23,000 cbm and 50,000 cbm LCO2 carriers

Classification societies ClassNK and the American Bureau of Shipping (ABS) have issued approvals in principle (AiP) for the design concept of 23,000 cbm and 50,000 cbm large liquefied CO2 (LCO2) carriers.

about 1 year ago
A vessel sailing
Business Developments & Projects

Japanese duo’s FPSO and FSO repair method becomes ABS-certified

Japan’s MODEC and Toray Industries have received what they say is the first of its type approval from the American Bureau of Shipping (ABS) for their process for in-situ ship repairs of floating production, storage, and offloading (FPSO) and floating storage and offloading (FSO) systems.

about 1 year ago
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