Lithuanian energy terminal operator Klaipedos Nafta (KN) has secured the public tender for the commercial management of four German liquefied natural gas (LNG) terminals on the North Sea coast. Specifically, the company has signed a contract with German state-owned Deutsche Energy Terminal (DET), wh
India’s ONGC has achieved the first oil from a deepwater block off the coast of the Bay of Bengal, which is said to be the largest bay water region in the world.
The first next-generation methanol-ready multipurpose vessel being built in China for Singapore-based shipping company AAL Shipping has been launched.
A final investment decision (FID) has been taken to develop an innovative natural gas and CO2 separation and reinjection facility for the Mero field offshore Brazil, developed by the Libra Consortium and operated by Petrobras. The pilot unit, using a pioneer high-pressure subsea separation technolog
Canadian shipowner Seaspan Energy has launched its first of three 7600 cbm LNG bunkering vessels, Seaspan Garibaldi.
Provaris Energy is advancing works on its proprietary H2Neo hydrogen carrier and hydrogen cargo containment system and has now engaged classification society DNV to issue a front-end engineering design (FEED) statement. Last summer, Provaris kicked off the program for the construction and testing of
BW Offshore has confirmed the lay of the land for the extension of a contract for an FPSO vessel beyond the currently fixed term.
E&S Tankers, a Germany-based joint venture between shipping companies Essberger Tankers and Stolt Tankers, has marked the start of 2024 with a new fleet addition.
Australian energy major Woodside has signed a non-binding memorandum of understanding (MoU) with SK E&S, a part of South Korean conglomerate SK Group, to enable studies on the potential development of a lower-carbon hydrogen value chain, including hydrogen, ammonia and other related products. Accord
Baker Hughes’ rig count report shows that no new rigs joined the working fleet in December 2023.
SBM Offshore has corroborated the start of production from an FPSO, which is working on Petrobras’ giant oil field in the Santos Basin off Brazil.
Noble Corporation has added more work to the backlog of one of its seventh-generation drillships in the U.S. Gulf of Mexico.
Biden’s energy dossier confirms his willingness to bend over backward to uphold his values and clean energy agenda, but will America’s energy transition grind to a halt under Trump’s reign if he gets another term?
Seaborne trade has witnessed a notable uptick in 2023, registering a 3% increase to a $12.4 billion, according to data from Clarksons Research. The global maritime landscape further unveils a 3% growth in the world fleet, reaching an 2.3 billion deadweight tons (dwt). Despite this expansion, the new
