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Illustration; Source: Australian Energy Producers (former APPEA)
Business & Finance

EnergyQuest: What’s in store for Australia’s gas industry?

EnergyQuest has provided its take on Australia’s gas outlook, shedding more light on what awaits the country in the future.

about 2 years ago
Minesto has completed dragon 12
Business Developments & Projects

Minesto’s utility-scale tidal energy kite ready to start delivering

Minesto has completed the Dragon 12 offshore infrastructure in Vestmannasund, Faroe Islands, marking readiness for power production with the achieved connection of the export cable to the foundation. According to Minesto, completion of infrastructure subsea included re-locating the pre-installed jun

about 2 years ago
Floating substation installed at French pilot wind farm site
Business Developments & Projects

Floating substation installed at French pilot wind farm site

Bourbon Subsea Services installed a floating electrical hub (FEH) at the EolMed pilot floating wind farm site in France in Autumn 2023, the company revealed on January 9. The FEH will be connected to the project’s three floating wind turbines on one side and to the export cable on the other to enabl

about 2 years ago
green ammonia
Business Developments & Projects

Green ammonia could decarbonize 60% of global shipping by 2050, study reveals

Green ammonia could be used to fulfil the fuel demands of over 60% of global shipping by targeting just the top ten regional fuel ports, a new study shows.

about 2 years ago
Gasum to buy renewable e-methane from Nordic Ren-Gas for customers in road and maritime transport
Business & Finance

Gasum to buy renewable e-methane from Nordic Ren-Gas for customers in road and maritime transport

Finnish state-owned energy company Gasum has signed an e-methane offtake agreement with Nordic Ren-Gas. The purchased e-methane will be delivered to customers in the road and maritime transport sectors. Under the long-term agreement, Gasum will buy all of the e-methane to be produced by Nordic Ren-G

about 2 years ago
China's first FSRU Transgas Power had its naming ceremony
Business & Finance

Energos Infrastructure acquires Dynagas FSRU duo on charter in Germany

Marine LNG infrastructure company Energos Infrastructure, majority-controlled by Apollo-managed funds and minority shareholder New Fortress Energy (NFE), has completed the acquisition of two floating storage and regasification units (FSRUs) from affiliates of Dynagas, an LNG maritime transportation

about 2 years ago
Stena RoRo orders dual-fuel hybrid E-Flexer for Corsica Linea
Vessels

Stena RoRo orders dual-fuel hybrid E-Flexer for Corsica Linea

Swedish shipping company Stena RoRo has placed an order for a dual-fuel RoPax-class E-Flexer vessel which will be operated by French ferry operator Corsica Linea.

about 2 years ago
French-Dutch deal targets CCUS
Business & Finance

French-Dutch cooperation targets CCUS

France-headquartered CGG and Dutch C-Questra have signed a commercial cooperation agreement in carbon capture, utilization, and sequestration (CCUS). “The purpose of the cooperation agreement is quite simply to go much faster. CGG contributes human and technological resources, while C-Questra implem

about 2 years ago
Maersk Tankers
Business & Finance

Maersk Tankers acquires Penfield Marine to create large-scale tanker company

Danish tanker company Maersk Tankers has acquired US pool operator Penfield Marine to create a large-scale crude and product tanker company offering a wider range of services.

about 2 years ago
Courtesy of ADNOC
Business & Finance

ADNOC expands its carbon management footprint by investing in Storegga

ADNOC has made its first international equity investment foray in carbon management by becoming a lead investor in Storegga.

about 2 years ago
Canada’s Ksi Lisims LNG concludes first LNG offtake agreement with Shell
Business & Finance

Canada’s Ksi Lisims LNG concludes first LNG offtake agreement with Shell

Canada’s Ksi Lisims LNG, a co-development of the Nisga’a Nation, Rockies LNG, and Western LNG, has signed a 20-year LNG sale and purchase agreement (SPA) with Shell. This is the first LNG offtake agreement executed by Ksi Lisims LNG. Under the agreement, Shell will purchase 2 million tonnes of LNG p

about 2 years ago
NextDecade enters $62.5M credit deal as work on Rio Grande LNG progresses
Business & Finance

NextDecade enters $62.5M credit deal as work on Rio Grande LNG progresses

NextDecade LNG, a wholly owned subsidiary of U.S.-based energy company NextDecade, has made a credit agreement with MUFG Bank, as lender and administrative agent that provides for a $50 million senior secured revolving credit facility and a $12.5 million interest term loan to be utilized, among othe

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

Castrol: Will hydraulic systems bridge shift to all-electric subsea oil & gas production?

Castrol, part of the BP group, has provided its take on whether hydraulic systems will be thrown out with the all-electric subsea production bathwater.

about 2 years ago
FPSO Prosperity working on ExxonMobil's third offshore oil development on Guyana's Stabroek block; Source: Keppel
Authorities & Government

While strengthening hydrocarbon ties, Guyana and India also pooling resources for green energy

India recently greenlighted the inking of a memorandum of understanding (MoU) with Guyana to join forces in the hydrocarbon sector.

about 2 years ago
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