Spanish energy company Enagás has reached an agreement with Germany’s Uniper to acquire a 20% stake in the Dutch BBL Company, an owner of a 235-kilometre subsea gas interconnection between the Netherlands and the UK. Enagás concluded the deal as part of the objectives of its strategic plan to contri
Following the completion of a 16-year contract, Malaysia’s Yinson has wrapped up the sale of an FPSO deployed off Nigeria.
Africa-focused energy company Tower Resources has completed an institutional placing of up to $6 million from which proceeds will be used to fund work program commitments for the company’s licenses in Cameroon, Namibia and South Africa. Tower Resources completed an institutional placing to Energy Ex
Maran Tankers Management, an oil tanker shipping unit of the Angelicoussis Shipping Group, has taken delivery of its first LNG dual-fuel very large crude carrier (VLCC). The vessel, which was named Antonis I. Angelicoussis after the group’s founder, was delivered on 3 January by South Korean shipbui
N-Sea Subsea Cables has purchased new strategic modular subsea cable installation equipment in order to respond to the growing demand in the market.
Dutch gas shipping company Anthony Veder has committed three LNG carriers to Deutsche ReGas (DRG) for its new floating LNG terminal in Lubmin, Germany. “We are proud that we have been selected by Deutsche ReGas for supporting in their floating LNG terminal,” Jan Valkier, CEO Anthony Veder said. “As
The U.S. stepped up its game last week and recorded an increase in the number of offshore rigs to 19, based on Baker Hughes’ weekly rig count report.
Japan’s Mitsubishi Heavy Industries (MHI) and several other Thai and Japanese organisations have signed a Memorandum of Understanding (MoU) to collaborate in a feasibility study for the introduction of ammonia co-firing at a coal-fired thermal power plant operated by BLCP, an independent power produ
The State Oil Company of the Republic of Azerbaijan (SOCAR) and the United Arab Emirates’ Masdar have entered into a partnership on offshore wind and green hydrogen projects in Azerbaijan. Under a joint development agreement, signed in Abu Dhabi on 15 January within the framework of Azerbaijan’s Pre
The majority of the newbuilding tonnage ordered in 2022 was alternatively fuelled, according to the data from Clarksons Research. Insights from the shipbroker show that 61% of tonnage ordered last year (35% by number) was alternatively fuelled. Overall, 83.4 million dwt was ordered across vessel sec
Eni has handed out another short-term contract extension to BW Offshore for one of its FPSOs, which is working on a field offshore Nigeria.
Dutch offshore services provider Boskalis has won a contract with an undisclosed client to construct a large wind farm offshore the USA. Under the contract, Boskalis will transport and install the wind turbine foundations and power cables for which two crane vessels, and several transport and cable-
Famatown Finance Limited, a company indirectly controlled by trusts settled by shipping billionaire John Fredriksen, has increased its stake in European tanker major Euronav. Euronav disclosed earlier today that Famatown Finance Limited acquired 5,127,000 additional shares and today holds, together
Petrobras has revealed that an FPSO, currently producing oil and gas at a field off Brazil, has reached its maximum production capacity.
