Polish and Ukrainian gas transmission system operators (TSOs) have discussed their future cooperation and issues related to natural gas transmission infrastructure in order to enhance energy security in the region. On 15 March, Poland’s GAZ-SYSTEM and the Gas Transmission System Operator of Ukraine
The Norwegian Ministry of Petroleum and Energy has rejected the license application for the construction and operation of a 1.4 GW overseas interconnector between Norway and the UK. The ministry reported on 16 March that after an overall assessment, it had come to the conclusion that there is no bas
The Biden-Harris Administration, through the US Department of Energy (DOE), has announced the availability of $750 million for research, development, and demonstration efforts to reduce the cost of clean hydrogen. The funding launches the first tranche of implementation of two provisions of Presiden
Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has provided an overview of key achievements and progress made in the ocean energy sector in its new annual report for 2022.
Netherlands-based Elegant Exit Company (EEC) has signed a Memorandum of Understanding (MoU) with Spain’s Astander Shipyard to collaborate on ship recycling initiatives. Located at the southern end of the Port of Santander, Northern coast of Spain, Astander is a shipyard with 130 years of expertise i
UK’s Prax Exploration & Production has reached an agreement with compatriot Hurricane Energy for the acquisition of the North Sea-focused company for approximately £249 million. Hurricane Energy is focused on fractured basement reservoirs offshore West of Shetlands on the UK Continental Shelf and ho
A new milestone in the construction of the Icon of the Seas, Royal Caribbean International’s first LNG-powered cruise vessel, has been achieved with the start of the first multi-fuel engine at the Meyer Turku shipyard. Said to be the world’s most advanced and largest ship with environmentally-friend
Energy company Aramco and gas and engineering company Linde Engineering have signed an agreement to jointly develop a new ammonia cracking technology, using their experience and capabilities in industrial research and development, lower-carbon hydrogen, and ammonia cracking technology. Aramco said t
The governments of California and Japan have formalized a partnership aimed at working together to cut pollution at seaports and establish green shipping corridors. The two sides signed a Letter of Intent (LoI) on port decarbonization and green shipping corridors on Wednesday in Tokyo as part of a w
After completing the planned four-yearly topsides maintenance programme for an FPSO operating at a field in the Timor Sea off Australia, Jadestone Energy has found some inconsistencies in standard fittings, thus, the firm is working on fixing these issues.
Danish shipping company TORM has inked a deal to acquire three 2013-built MR eco product tankers, pushing its fleet to 88 vessels. The company said the tankers will be bought for a total cash consideration of $48.5 million and the issuance of 1.42 million shares. As informed, the three vessels are a
Norway’s FPSO operator BW Offshore has completed the sale of a floating, production, storage, and offloading (FPSO) vessel to a buyer, whose name was not revealed.
Wood Mackenzie believes permitting reform could be part of the solution to the strains created by rapid growth in renewables.
Singapore-based shipping company Ocean Network Express (ONE) has placed an order for ten methanol/ammonia-ready containerships.
