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Yme field in the North Sea
Business & Finance

Norwegian company scores contract with Repsol for oil spill monitoring

Repsol Norge has chosen the Norway-based company Vissim to implement an upgraded oil spill detection system at its Yme field on the Norwegian continental shelf (NCS). Vissim will install a new radar-based oil spill detection system on the Inspirer jack-up rig at the Yme oil field, situated in the Ce

about 2 years ago
Johan Sverdrup field; Credit: Jonny Engelsvoll/Equinor
Authorities & Government

Norway’s oil & gas output goes up

Norway recorded an increase in oil and gas production in December 2023 compared to the volumes seen in November 2023, last year, and the figures included in the Norwegian Offshore Directorate’s predictions.

about 2 years ago
Hudong-Zhonghua launches 14,000 cbm China-made LNG bunkering ship
Business Developments & Projects

Hudong-Zhonghua launches 14,000 cbm China-made LNG bunkering ship

Chinese shipbuilder Hudong-Zhonghua, a subsidiary of China State Shipbuilding Corporation (CSSC), has launched an LNG bunkering vessel ordered by compatriot Anhui Changjiang LNG, an operator of the Wuhu LNG Terminal in Anhui Province. The 14,000 cubic meter LNG bunkering vessel was launched on Janua

about 2 years ago
BGN
Business Developments & Projects

BGN surfaces as owner behind order for two VLGCs from HHI

Dubai energy trader BGN has emerged as the owner behind the order for the construction of two Very Large Gas Carriers (VLGCs) at Hyundai Heavy Industries. HHI’s parent company HD KSOE announced the deal in a stock exchange filing in mid-January. The deal is said to be worth KRW 310 billion ($235 mil

about 2 years ago
Mabanaft
Business Developments & Projects

Mabanaft to supply TUI Cruises ships with green methanol in Northern Germany

Hamburg-based energy company Mabanaft has signed a Memorandum of Understanding (MoU) with compatriot cruise company TUI Cruises to supply green methanol in the future.

about 2 years ago
Sparta FPU; Source: Shell Offshore
Business & Finance

First steel cut for Shell’s new Gulf of Mexico FPU – gallery

Seatrium has cheered the first steel fabrication milestone for the construction of a new FPU for Shell’s Gulf of Mexico project.

about 2 years ago
Japanese companies form carbon-neutral LNG buyers alliance
Business Developments & Projects

Tokyo Gas and partners to work on LNG-to-power project in Vietnam

Japanese companies Tokyo Gas and Kyuden, along with Vietnam’s Truong Tan Vietnam Group, have established the Thai Binh LNG Power joint venture (TBLP) to work on an LNG-to-power project in Thai Binh Province, Vietnam. The venture will develop, construct and operate a floating LNG import terminal and

about 2 years ago
Another autonomous vessel joins Fugro's fleet and obtains highest level of UK coastguard approval
Automation

Highest level of UK coastguard approval for latest autonomous vessel to join Fugro’s fleet

Fugro has expanded its uncrewed surface vessel (USV) fleet with the addition of a new Blue Essence vessel which has received the highest level of UK coastguard approval. Fugro Vaquita has joined Fugro’s 12-meter Blue Essence USV fleet and has earned Category 0 approval from the UK Maritime Coastguar

about 2 years ago
McDermott and Baker Hughes install subsea infrastructure for Inpex off Australia
Business & Finance

McDermott and Baker Hughes install subsea infrastructure for Inpex off Australia

A consortium of McDermott and Baker Hughes has completed the installation of subsea infrastructure for Inpex its gas field located offshore Australia. Awarded to the consortium in 2019, the subsea infrastructure development project for the Ichthys field included engineering, procurement, constructio

about 2 years ago
A photo of the cable laying vessel CLV Connector at sea
Business & Finance

Ørsted contracts Jan De Nul for export cable installation

Ørsted and Jan De Nul Group have signed the offshore export cable installation contract for the 2.9 GW Hornsea 3 offshore wind farm in the UK. This is the first offshore HVDC installation contract awarded by Ørsted in the UK, the company said. Belgium-headquartered Jan De Nul Group will be responsib

about 2 years ago
Illustration; Source: CNOOC
Business & Finance

CNOOC’s plans for 2024: Upping hydrocarbon production, natural gas exploration, and green power ante

CNOOC plans to step up oil and gas production and scale up natural gas exploration activities while pursuing its energy transition agenda.

about 2 years ago
Japan
Authorities & Government

Japan to launch first ammonia-fueled ammonia gas carrier in 2026

Four Japanese companies — Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems, and Nihon Shipyard — have signed a series of contracts to build the world’s first ammonia-fueled medium gas carrier (AFMGC) equipped with Japan-made engines.

about 2 years ago
Italy welcomes hydrogen refuelling infrastructure for recreational boating
Business Developments & Projects

Italy welcomes hydrogen refuelling infrastructure for recreational boating

A €100 million green hydrogen refuelling infrastructure for recreational boating, a project led by NatPower H, part of the NatPower group, is set to see its first station installed in Italy by the summer of 2024. According to NatPower H, the project, which aims to install a total of 100 refuelling s

about 2 years ago
Stellamar_launch
Business Developments & Projects

ESL Shipping has a robust plan to achieve net zero by 2040

Finland-based shipping company ESL Shipping has joined the Science Based Targets initiative (SBTi), committing to setting both near-term and long-term science-based emission reduction targets aligned with the goal of limiting global warming to 1.5°C above pre-industrial levels. In 2021, ESL Shipping

about 2 years ago
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