Smart network solutions company Marlink is equipping Solstad Offshore’s vessels with Starlink connectivity, integrated with the Sealink VSAT, L-band backup and 4G services. According to Marlink, Solstad is the first offshore vessel operator on the Marlink network to trial Starlink testing the networ
Gunvor Group, an independent trader of liquefied natural gas (LNG), has renewed its syndicated borrowing base facility to support the working capital needs of the company’s growing LNG activities globally. According to Gunvor, the syndication, signed at $1.135 billion in 2021, launched at $1.2 billi
While European oil majors are taking a gamble on hydrogen as the transport fuel for the future, this ‘big bet’ is not so big in reality, according to a new study on behalf of Transport & Environment (T&E), which shows that investments in biofuels refining are eight times bigger. Ricardo Energy & Env
Belgian tanker shipping major Euronav believes that Frontline’s unilateral termination of the proposed $4.2 billion combination agreement announced on Monday was unfounded, the company said in an update. “Euronav has determined that Frontline’s unilateral action in pursuing the termination of the co
The Scottish government has released a draft energy strategy, which aims to shape the country’s next 25 years of energy production.
Lady Maria Fisher, the second LNG dual-fuel tanker built for British marine engineering services provider James Fisher, has completed sea trials. According to James Fisher’s social media update from 10 January, the sea trials “ran smoothly despite the three-day delay caused by the weather conditions
SEA-KIT has put into operation its new production facility for the XL-Class uncrewed surface vessel (USV), which tripled the company’s production capacity and expanded its R&D area. SEA-KIT opened the new building, built alongside its existing base in Tollesbury, Essex, UK, on 1 October 2022. Accord
CIMC Blue Water, a subsidiary of CIMC Enric Holdings, has delivered a batch of 29 LNG conversion vessels to its customer Zhuhai Port Shipping Company, a subsidiary of Zhuhai Port Holdings Group. This is the largest delivery of a single batch of oil-to-gas converted vessels in China, and according to
Norway’s government has received applications from six companies for acreage on the NCS to be allocated for the injection and storage of CO2.
Orbital Marine Power, one of the world’s leading tidal energy developers, has increased its support to the vital work of Ocean Energy Europe to promote the ocean energy sector by becoming a lead partner of the Brussels-based organization.
French ferry operator Corsica Ferries has decided to invest in compatriot start-up Neoline Armateur to help co-finance its first Neoliner, a wind-powered roll-on/roll-off (RoRo) cargo ship.
Italian energy player Snam has finalized the acquisition of a 49.9 per cent stake held by compatriot oil and gas firm Eni in the companies operating two groups of international gas pipelines between Algeria and Italy. The scope of the transaction includes the onshore gas pipelines running from the A
TNO, short for Netherlands Organization for Applied Scientific Research, has launched a platform that brings together core group of Dutch companies whose ambition is to accelerate development and rollout of offshore solar power.
Oil and gas giant Shell has signed multiple partnership agreements with Oman’s Ministry of Energy and Minerals, Oman LNG and OQ, former Oman Oil Company, in fields of liquefied natural gas (LNG) and hydrogen. On 10 January, Oman LNG revealed it had signed a term sheet with Shell International Tradin
