Japanese shipping company Mitsui O.S.K. Lines (MOL) has received approval in principle (AiP) from classification society ClassNK for the design of a floating storage and regasification unit (FSRU) for ammonia.
The development of Damen’s Offshore Carrier vessel (DOC) was sparked by a desire to increase efficiency. The concept was born when Damen hit upon the idea of combining the tug and pontoon conventionally used in offshore transportation, in a single vessel. Almost immediately, a range of advantages pr
Reusing existing pipelines for offshore hydrogen is the best solution that can be used, however, this does come with certain challenges, according to Bart Steuten, Product Development Manager at Strohm, Dutch thermoplastic composite pipe (TCP) producer. During Strohm’s presentation at The Stage at t
Equinor has signed an agreement with State Oil Company of Azerbaijan Republic (SOCAR) to divest all its remaining assets in Azerbaijan where it has been present since 1992. The assets comprise a 7.27% non-operated interest in the Azeri Chirag Gunashli (ACG) oil fields in the Azerbaijan sector of the
Leask Marine has installed the first offshore grouted pile with its Raptor Submersible Drilling Rig (SDR) technology in the Faroe Islands, for a Swedish tidal developer. This marks the final commercialization phase of the Raptor SDR, from concept, design, manufacturing, and full testing program comp
Swedish electrofuel (eFuel) developer Liquid Wind has submitted an environmental permit application for the company’s third commercial-scale green electrofuel facility, FlagshipTHREE, at the Land and Environment Court in Umeå, Sweden. According to Liquid Wind, once operational, FlagshipTHREE, locate
After its recently announced pivot towards the LNG shipping sector, New York-listed shipowner Capital Product Partners L.P. has closed the umbrella agreement initiated last November, paving the way for the acquisition of 11 newbuild liquefied natural gas carrier vessels. As reported by Offshore Ener
Norwegian state-owned energy giant Equinor has selected MAN Energy Solutions to deliver compressor bundles that will replace units from another original equipment manufacturer (OEM) at a platform offshore Norway. MAN Energy Solutions will deliver a total of three compressor bundles and an additional
German Securing Energy for Europe (SEFE) and Norway’s energy major Equinor have signed a long-term gas sales agreement, as well as a non-binding letter of intent (LoI) on large-scale hydrogen supplies. Under the gas sales agreement, Equinor will supply SEFE with 111 TWh (circa 10 bcm) of natural gas
Finnish technology group Wärtsilä, through its joint venture company CWEC (Shanghai) Company (CWEC), has been contracted to supply dual-fuel auxiliary engines for the sixth liquified natural gas (LNG) carrier owned by ADNOC Logistics & Services.
DOF Group has secured multiple subsea service contracts for one of its construction support vessels (CSVs) in the Asia Pacific region. Skandi Hercules has won three subsea service contracts with Australian-based operators for offshore execution in 2024. The contracts will add approximately six month
Japanese shipping company Mitsui O.S.K. Lines (MOL) has revealed that a naming ceremony was held for the second liquified natural gas (LNG) carrier to serve GAIL (India), the largest natural gas supplier under India’s Ministry of Petroleum and Natural Gas.
Brazilian oil and gas player Enauta has signed a contract with compatriot oil and gas giant Petrobras for the acquisition of oil and gas fields in the Santos Basin off Brazil and natural gas pipeline infrastructure. The company is also set to acquire the FPSO operating in the fields. Enauta is acqui
Despite the challenges that defined this year, the maritime industry may be closing the chapter on 2023 with a sense of optimism. Namely, BIMCO’s recent analysis provides a beacon of hope, suggesting that the International Maritime Organization’s (IMO) ambitious goal of achieving 5% zero or near-zer
