Wood has been hired by HD Hyundai Heavy Industries (HHI) for detailed engineering of the topsides facilities on a floating production unit (FPU) destined for Woodside’s deepwater oil project.
A Panama-flagged ship has been caught using banned high sulphur fuel oil (HSFO) in a sulphur emission control area (SECA), according to Germany’s water police.
A consortium consisting of Lotte Chemical, Korea National Oil Corporation (KNOC) and Samsung Engineering has chosen KBR’s K-GreeN technology for Lotte Chemical’s green ammonia project, a part of H2biscus green hydrogen and ammonia project development in Sarawak, Malaysia. Specifically, under the ter
Iberdrola and the World Bank, through its private sector investment arm, the International Finance Corporation (IFC), have signed a €300 million loan agreement to develop renewable energy projects in countries dependent on fossil fuels, including Morocco, Poland and Vietnam. IFC has already allocate
The offshore wind industry has faced significant headwinds in the past couple of years, with most of the negative effects tracing their origin back to the start of the COVID-19 pandemic and the geopolitical turmoil caused by Russia’s aggression against Ukraine. This has led to supply chain instabili
Tracerco has secured a million-dollar contract in the Gulf of Mexico, under which the company will deploy its pipeline inspection technology, Discovery, across a number of oil and gas platforms in the region. This new technology will be utilized by three leading U.S. energy companies, all of whom op
Tanker operator Stolt Tankers, part of London-based transportation group Stolt-Nielsen Limited, revealed it has committed to developing science-based targets to help achieve net zero in the maritime sector.
Norwegian energy major Equinor and global industrial gases and engineering company Linde have signed a project development agreement to work as partners on the H2M Eemshaven low-carbon hydrogen project in the Netherlands. Equinor’s H2M Eemshaven project aims to build a production facility in the Eem
The Norwegian Ministry of Energy has approved PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, as operator and partner with Horisont Energi in the only CO2 storage located in the Barents Sea. Horisont Energi and PUN announced a sales purchase agreement on December 11, 2023, making PUN a li
South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has received orders to build two very large ammonia carriers (VLAC) and two liquefied petroleum gas (LPG) carriers.
BP has hired Petrofac on a long-term contract for operations at its Greater Tortue Ahmeyim (GTA) project off the coasts of Mauritania and Senegal.
LNG shipping company Flex LNG will take redelivery of the 2019-built Flex Constellation as the carrier’s current charterer, a trading house, has decided not to exercise its extension option. Flex Constellation was fixed on a three-year time charter on May 17, 2021, with an option to extend the perio
Denmark has announced its Green Fuels Alliance India (GFAI) initiative in a bid to boost collaborative efforts between the two countries in the sustainable energy solutions sector and advance their joint global goal towards carbon neutrality.
Ciel & Terre (Ciel et Terre) has started building a new floating solar power plant in Saint-Savin, southeast of Lyon, France. The 11 MW project, developed in collaboration with Energ’Isère and GenSun, will transform a quarry lake into a renewable energy hub. Once completed, the project will take th
