Mitsubishi Shipbuilding, a Yokohama-based subsidiary of Mitsubishi Heavy Industries, has completed a conceptual study for an ammonia bunkering vessel in collaboration with INPEX Corporation. The vessel will be capable of supplying ammonia fuel to ships and the project is being pursued amid the growi
Urgent action is needed from both government and industry to support supply chain companies in sustaining oil and gas activity in order to accelerate the UK’s shift to low-carbon energy, according to the latest report of Offshore Energies UK (OEUK). OEUK’s Supply Chain report is calling on the gover
In response to the rapid growth of the carbon capture and storage industry, UK’s North Sea Transition Authority (NSTA) has set up a dedicated carbon transportation and storage team. The team, which supplements NSTA’s established exploration and new ventures team, will oversee the delivery of offshor
Equinor has a court fight on its hands this week regarding the development of its controversial Bay du Nord offshore oil project located in Canada.
U.S. oil and gas majors Chevron and ExxonMobil have revealed record 2022 profits of $35.5 billion and $55.7 billion, respectively.
North America’s energy infrastructure company TC Energy has updated cost estimates for the Coastal GasLink project, a pipeline that is expected to transport natural gas to the approved LNG Canada facility near Kitimat, British Colombia, Canada. TC Energy said in the update that the project continues
South Korean shipbuilding major Korea Shipbuilding & Offshore Engineering (KSOE) has won an order for the construction of twelve very large container ships from an unnamed European shipping company. The vessels will be built by KSOE’s subsidiary Hyundai Samho Heavy Industries and the contract is wor
Groningen-based shipping company ForestWave has completed the acquisition of Symphony Shipping and its fleet of eight Ecobox vessels. The transaction pushes its owned fleet to 24 units with a total of 248.197 dwat, including three newbuilding vessels that will be delivered in the next two years. One
Dutch Wagenborg Offshore has signed a long-term agreement with an “energy major” for a platform supply vessel (PSV) that will be converted into a multipurpose offshore vessel set to support subsea activities and decommissioning works. A young PX121 PSV will be converted into a multipurpose offshore
Chinese shipbuilder Jiangsu New Yangzi Shipbuilding has delivered Maersk Biscayne to Japanese Lepta Shipping, a joint venture between Nissen Kaiun and Mitsui & Co. The 3,500 TEU newbuilding containership is intended for a charter for Danish container shipping major Maersk. The vessel is believed to
Damietta LNG plant in Egypt, a joint venture between Italy’s Eni and Egypt’s EGAS, has produced and loaded its 500th LNG cargo since the operation start-up in 2005. Damietta LNG is one of two LNG export plants in Egypt with a capacity to produce up to 5 million tons of LNG per year. Italian energy c
Italy’s Ministry of Environment and Energy Security has launched the authorization procedure for the construction of a new direct-current submarine power line connecting the regions of Abruzzo and Marche. The 1 GW Adriatic Link will run for a total of approximately 250 kilometers, made up of two sub
Pilbara Ports Authority (PPA) has signed a Memorandum of Understanding (MoU) with the Port of Himeji to boost renewable energy trade opportunities between Western Australia and Japan.
Taiwanese bulk carrier company U-Ming Marine has taken delivery of its third 190,000-ton dual-fuel LNG bulk carrier from Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding. According to a statement from the shipbuilder, the vessel named Ubuntu Integrity was delivered on 31 January. The length of t
