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Subsea templates; Source: Marketex Offshore Constructions
Business & Finance

First offshore building blocks for Norwegian player’s large North Sea development put in place

Aker BP has installed the first 5 of the 9 subsea templates built by Marketex Offshore Constructions (MOC) for its “major” North Sea project.

about 2 years ago
Liquid Wind and Uniper forge alliance to boost development of eFuels
Business Developments & Projects

Liquid Wind and Uniper forge alliance to boost development of eFuels

Liquid Wind and Uniper signed a strategic partnership agreement to boost eFuel facilities’ development for fossil-free eMethanol production.

about 2 years ago
LNG carrier; Source: MET Group
Business & Finance

Swiss company to source US LNG from Shell to European customers

Switzerland-headquartered energy company MET Group has signed a long-term agreement with energy giant Shell for the supply of liquefied natural gas (LNG) sourced from the U.S. to its European customers. MET Group reported it had entered into a ten-year free-on-board (FOB) LNG purchase agreement with

about 2 years ago
Enagás boosts hydrogen investment plans, sells stake in Tallgrass Energy
Business & Finance

Enagás boosts hydrogen investment plans, sells stake in Tallgrass Energy

To further boost its hydrogen investment plans, Enagás has reached an agreement to sell its 30.2% shareholding in Tallgrass Energy to Blackstone Infrastructure Partners for $1,100 million (€1,018 million).

about 2 years ago
BP, Shell, TotalEnergies and Mitsui take stakes in ADNOC’s huge LNG project
Authorities & Government

BP, Shell, TotalEnergies and Mitsui take stakes in ADNOC’s huge LNG project

Abu Dhabi National Oil Company (ADNOC) has signed agreements with industry majors BP, Mitsui & Co., Shell and TotalEnergies under which each will take a 10% equity stake in what will be the first liquefied natural gas (LNG) export facility in the Middle East and North Africa (MENA) region to run on

about 2 years ago
2015-discovered Malaysian gas field begins production
Business & Finance

SapuraOMV begins production from Malaysian gas field

Malaysia’s independent gas producer and operator SapuraOMV Upstream, soon-to-be completely owned by French energy giant TotalEnergies, has begun gas production from its Jerun field offshore Sarawak. Discovered in 2015 and having reached a final investment decision (FID) in March 2021, the Jerun plat

about 2 years ago
AIDA Cruises achieves its highest monthly value for shore power usage
Business Developments & Projects

AIDA Cruises achieves its highest monthly value for shore power usage

AIDA Cruises has recorded the highest monthly value for shore power usage by ensuring the supply of its ships with green energy from shore during 45 calls at European ports in June 2024.

about 2 years ago
CII
Regulation & Policy

Shipping industry calls for improvement of IMO’s CII

Several international maritime associations have published a policy statement regarding the International Maritime Organization’s (IMO) Carbon Intensity Indicator (CII), reflecting on its shortcomings and making suggestions for improvement.

about 2 years ago
LNG Canada (for illustration purposes); Source: LNG Canada
Authorities & Government

Canada’s crackdown on greenwashing: ‘Gag order’ for oil & gas industry’s climate action or greater transparency?

Canada has now tightened the reins on environmental stewardship with a bill that brings multimillion-dollar fines and jail time into play for those prone to bragging about climate action they cannot back up.

30 minutes read
LS Cable & System / LS GreenLink new subsea cable factory in Virginia, visualization
Business & Finance

LS Cable & System to build ‘largest US subsea cable factory’ in Virginia

South Korea-based offshore wind cable manufacturer, LS Cable & System, has decided to build a manufacturing facility for high-voltage direct current (HVDC) subsea cables in Virginia, which the company says will be the largest factory of this kind in the United States. The factory will be built on a

about 2 years ago
University of Michigan picks Beaver Island for wave energy study
Business Developments & Projects

University of Michigan picks Beaver Island for wave energy study

Selecting the optimal site will be a step toward providing Beaver Island with clean, reliable energy and will enhance the team’s chances for future funding, said the University of Michigan.

about 2 years ago
Woodside orders pipe for Mexican deepwater oil project from Greek supplier
Business & Finance

Woodside orders pipe for Mexican deepwater oil project from Greek supplier

Greece’s Corinth Pipeworks, the steel pipe segment of Cenergy Holdings, has secured a contract it deems as significant with Woodside Energy to deliver pipes for a deepwater oil project offshore Mexico. Under the contract, Corinth Pipeworks will manufacture and supply approximately 118 kilometers of

about 2 years ago
MOL delivers second Wind Challenger-equipped bulk carrier
Business Developments & Projects

MOL delivers second Wind Challenger-equipped bulk carrier

MOL has installed the Wind Challenger hard sail wind power propulsion system on the second bulk carrier at Oshima Shipbuilding.

about 2 years ago
FPSO Petrojarl I; Source: Enauta
Authorities & Government

Brazilian duo inches closer to merger as government agency gives its blessing

Brazil’s Administrative Council for Economic Defense (CADE) has approved the proposed merger of Enauta and 3R Petroleum Óleo e Gás.

about 2 years ago
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