Norwegian shipowner Höegh LNG has signed a new loan facility agreement with a group of banks to refinance two floating storage and regasification units (FSRUs) employed on long-term contracts in Germany. Höegh LNG’s FSRUs Höegh Esperanza and Hoegh Gannet were chartered by the German Federal Ministry
Italy-headquartered Prysmian Group has installed thirty inter-array cables at the Fécamp offshore wind farm in France. The cabling contracts for the 500 MW offshore wind farm were awarded to Prysmian, which is in charge of supplying and installing both the inter-array cables and the export cables fo
US clean energy company AmmPower has entered into a Memorandum of Understanding (MoU) with the Port of Corpus Christi Authority (PCCA) to explore the development of green hydrogen used as feedstock for green fuel and green derivatives production, storage and distribution facility.
Dutch gas infrastructure company Gasunie has applied to the European Commission for Project of Common Interest (PCI) status, proceeding with its intentions to develop a hydrogen network in the German part of the North Sea. Gasunie’s application is part of the international Clean Hydrogen for Europe
Korean industry majors, led by shipping heavyweights HMM and Sinokor, have joined forces on the development of nuclear-powered ships. The Memorandum of Understanding (MoU) was signed earlier today by representatives of Gyeongju city, the Gyeongbuk Province, Korea Atomic Energy Research Institute, th
South Korean shipyard Hyundai Heavy Industries (HHI) has ordered the tank design of three new LNG carriers from French LNG containment specialist GTT. HHI placed the order on behalf of an undisclosed European shipowner for three LNG carriers which will offer a total cargo capacity of 200,000 m3 each
Solstad Rederi, a wholly owned subsidiary of Norwegian shipping company Solstad Offshore, has sold one of its platform supply vessels (PSVs). The new owner, whose name Solstad did not disclose, took over the 88.8-meter-long PSV Normand Flipper on 9 February. The vessel was built in 2003 and is of UT
Wellesley Petroleum has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea.
With legal action over climate risk looming on the horizon, Shell denies allegations made against its board, vowing to oppose the derivate claim application.
Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand.
Prysmian has completed the installation of the UK land cable section for the 1.4 GW Viking Link interconnector between the UK and Denmark. The team completed the installation of the 135-kilometer cable section between the converter station and the landfall located on a beach in Lincolnshire at the b
Norwegian seismic player TGS has teamed up with CGG, the French geophysical services company, to carry out the acquisition and imaging of a dense ocean bottom node (OBN) multi-client seismic survey in the Balder and Ringhorne areas of the Norwegian Continental Shelf (NCS).
JDR, part of TFKable Group, has secured a contract from Petrogas E&P Netherlands for the supply of two umbilicals for offshore conventional gas fields in the Netherlands. The A15 and B10 fields are located in quads A and B, in a shallow water depth of 115 feet, and are expected to recover 17.25 Mmbo
Montenegro’s Minister of Finance, Aleksandar Damjanović, and representatives of the United States (US) Department of State have discussed the economic relations between the two countries with an emphasis on cooperation in the field of energy, agreeing to take action in regard to the Bar LNG terminal
