McDermott’s Tareq Kawash has officially taken over the role of Group Chief Executive and Executive Director at Petrofac after Sami Iskander stepped down in order to pursue other interests. The oilfield services provider confirmed that the new group chief executive started the role as of 1 April and
J. Lauritzen, a Danish investment company focused on maritime industries, has signed a letter of intent (LoI) with Japanese shipbuilder Tsuneishi Shipbuilding for the construction of methanol dual-fuel bulk carriers. The LoI includes the construction of minimum two methanol dual-fuel 81,200 dwt Kams
Turkish Uzmar Shipyard has held a steel-cutting ceremony for Turkey’s first dual-fuel tugboat, being built for BOTAŞ Petroleum Pipeline Corporation (BOTAS), the state-owned crude oil and natural gas pipelines and trading company. The shipyard will build two Voith tractor-type propeller tugboats that
Fortescue Future Industries (FFI), a global green energy company, has secured renewable power for its proposed Holmaneset green energy project by entering into a long-term power purchase agreement (PPA) with Statkraft, a supplier of renewable energy. Under the conditional agreement, Statkraft is exp
Singapore shipowner Consort Bunkers has signed a contract with China Merchants Industry Nanjing Jinling Shipyard for six 6,500-ton methanol fuel bunkering ships. The 6,500-ton methanol fueling ships have a total length of 103.88 meters, a molded width of 19.00 meters, and a design draft of 7.00 mete
Japanese oil and gas company Inpex has shipped the 500th LNG cargo from its Ichthys LNG project in Australia. According to the company’s social media update, the milestone was reached on 31 March when the cargo departed onshore processing facilities near Darwin. The 2021-built 174,000 cbm floating s
James Fisher Subtech has signed a charter agreement with Olympic Subsea for the exclusive use and operation of the multipurpose offshore vessel Olympic Taurus. Olympic Taurus has already been mobilized for work from Montrose Port, Aberdeenshire, and fitted with a work-class remotely operated vehicle
Following slow and consistent growth for two weeks in a row, the number of offshore rigs in the U.S. remained flat last week.
China’s Wuhu Shipyard has inked a contract for the construction of eight 18,500-ton IMO Class II chemical tankers during the first quarter of this year. The shipbuilder did not disclose the names of the owners behind the orders, only revealing that the companies in question were ‘prominent domestic
Enauta has concluded the production ramp-up of the first well in its three-well drilling campaign at a field offshore Brazil.
Japan’s Anegasaki thermal power station new unit 2, an LNG-fired power station which energy company JERA has been replacing through its subsidiary JERA Power Anegasaki, has started commercial operation. New unit 2 uses a gas turbine combined-cycle power generation system (GTCC) and has a generating
UK and Ireland-focused oil and gas exploration, development, and production company Europa Oil & Gas (EOG) has appointed Alastair Stuart as Chief Operating Officer and an Executive Director of the company, effective immediately. Stuart has been a consultant at Europa Oil & Gas since 2012 and more re
South Korean shipbuilding company Samsung Heavy Industries has secured an order for two liquefied natural gas (LNG) carriers.
BW Offshore has secured short-term contract extensions for two FPSOs, working on fields located off Nigeria and the Ivory Coast, respectively.
