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Illustration; Source: LLOG
Business & Finance

US oil & gas player bags 41 new Gulf of Mexico blocks close to existing deepwater discoveries as it gears up for appraisal ops

LLOG Exploration has added 41 deepwater blocks to its list of assets in the Gulf of Mexico, where it plans to spud an appraisal well this quarter.

about 2 years ago
Damen
Equipment

Damen’s new engine gets EU stage V certification

Damen Shipyards Group’s new engine combined with a marine emission reduction system has been awarded EU stage V emissions regulations certification.

about 2 years ago
Germany
Market Outlooks

Germany: Maritime suppliers see good results thanks to climate-neutral shipping projects

Maritime suppliers in Germany said they are satisfied with the 2023 financial year, with investments in climate-neutral shipping ensuring good capacity utilization.

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Authorities & Government

UK set on leaving fossil fuels behind and turning into clean energy superpower

The UK is determined to accelerate its energy transformation, moving away from coal, oil, and gas to turbocharge its clean, green energy mission before the end of the decade.

about 2 years ago
Fugro secures more work on 3 GW wind lease area offshore New York
Project & Tenders

Fugro secures more work on 3 GW wind lease area offshore New York

Community Offshore Wind, a joint venture between RWE and National Grid Ventures, has selected Fugro to perform a geotechnical investigation of their lease area in the New York Bight. With 3 GW of offshore wind energy potential, the developed lease area could power more than one million homes in the

about 2 years ago
Cheniere's 1000th cargo on the vessel Hoegh Galleon; Source: Business Wire
Business Developments & Projects

Cheniere’s Texas LNG pipeline goes into operation

A pipeline for transporting LNG in Texas, co-owned by U.S. LNG export project developer Cheniere Energy, has entered commercial service.

about 2 years ago
Peninsula delivers LNG to K Line’s car carrier in Gibraltar
Business Developments & Projects

Peninsula delivers LNG to K Line’s car carrier in Gibraltar

Peninsula has delivered LNG to the newly built dual-fueled car carrier Thor Highway, operated by K Line, in Gibraltar.

about 2 years ago
An aerial view of the Excelsior ship docked at Freeport LNG terminal; Courtesy of Freeport LNG
Business & Finance

US LNG project coming back online following hurricane-induced damage and outage

With the initial repairs nearing the end, an LNG export project in Texas is anticipated to return to partial production during the week.

about 2 years ago
JERA and NYK complete ‘world’s first’ truck-to-ship ammonia bunkering
Business Developments & Projects

JERA and NYK complete ‘world’s first’ truck-to-ship ammonia bunkering

Japanese companies JERA and NYK conducted the world’s first truck-to-ship bunkering of ammonia to an ammonia-fueled tugboat.

about 2 years ago
BC Ferries
Infrastructure

Construction begins on BC Ferries’ new hybrid-electric ships

Construction has officially begun on the first two of the four new battery-electric hybrid Island Class vessels ordered by Canadian ferry operator BC Ferries.

about 2 years ago
Aramco to acquire 50% stake in Air Products Qudra’s hydrogen business
Business & Finance

Aramco to acquire 50% stake in Air Products Qudra’s hydrogen business

Aramco has signed definitive agreements to acquire an equity interest in Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ).

about 2 years ago
FSRU Exquisite (for illustration purposes only); Source: Excelerate Energy
Business Developments & Projects

Rising LNG demand and energy security concerns pushing global FSRU market to grow by $891 million up to 2028

The global FSRU market size is forecast to increase in the 2024–2028 period, based on a report by U.S.-based market research firm Technavio.

about 2 years ago
Ocean BlackRhino drillship; Source: Diamond Offshore
Business & Finance

Diamond Offshore drillship fleet to sport managed pressure drilling systems by year-end

Diamond Offshore is working on bolstering the capabilities of its drillships by equipping them with a managed pressure drilling (MPD) system.

about 2 years ago
MPA Singapore
Business & Finance

Australia and Singapore working on low-emission technology projects

Australia’s national science agency CSIRO and the Maritime and Port Authority of Singapore (MPA) have issued a grant call for proposals for the Australia-Singapore Low-Emissions Technologies (ASLET) initiative.

about 2 years ago
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