Spanish LNG terminal operator Reganosa has upgraded the jetty at its Mugardos LNG import terminal in the port of Ferrol as part of the modernisation plans. According to Rgeanosa, the modernisation works have increased the facility’s versatility which will now be able to operate not only large and me
Some of the Bay of Fundy’s most exciting research continued this year in a large, collaborative effort to better understand how fish move through the Minas Passage and calculate the risk that they may encounter a tidal energy device.
Norwegian marine survey contractor Argeo has secured a loan of NOK 20 million (approximately €1.9 million) from Innovation Norway. According to Argeo, the yield is 6,2 per cent, the duration is six years and the loan is on certain conditions. The company has not disclosed any other details. “We are
TotalEnergies’ unit in Gabon has signed a new exploitation and production sharing contract with the Gabonese government, as well as a deal to extend the Establishment Agreement. TotalEnergies EP Gabon has signed with the government an agreement relating to the rearrangement of certain provisions of
Japan, the world’s top importer of LNG, is working with marine insurers in the country to ensure LNG imports from Russia are not jeopardized in the wake of the latest sanctions against Moscow. Three companies from Japan, Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance, and Mitsui Sumito
A new monitoring technology that is said to ensure more frequent checks of the future CO2 storage and results in less impact on the environment is currently being tested for Project Greensand in the North Sea. Magseis Fairfield reported last week that it had mobilized its MASS III nodes and modular
Oil and gas company Neptune Energy and offshore wind developer Ørsted have partnered up to explore powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity. The two parties and Goal7 have signed a Memorandum of Understanding (MoU) to examine the potential to s
Oil major Chevron has teamed up with Singapore-based shipping giant Ocean Network Express (ONE) to complete inaugural biofuel bunkering on a 4,800 TEU containership.
Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) has fully transferred the new shipbuilding area of the Koyagi Plant at Nagasaki Shipyard & Machinery Works to compatriot Oshima Shipbuilding. The transfer of dock and quay facilities was completed on December 27 in line with the agreement signed in Mar
Norwegian oil and gas company OKEA has signed a sale and purchase agreement (SPA) with compatriot DNO Norge to enter into the Brasse license in the northern North Sea. The aim of the partnership is to undertake a fast-track, low-cost review to assess whether a value accretive development concept can
South Korean shipbuilder Hyundai Samho Heavy Industries hosted keel laying ceremonies for two LNG carriers on the same day earlier this week. The keels were laid for two 174,000 cbm LNG carriers that are being built for Norway-based Knutsen OAS Shipping AS. The vessels will be classed by Lloyd’s Reg
Russia’s power generating company EL5-Energo has signed a contract with compatriot natural gas producer Novatek to supply green electricity from a wind farm to the Cryogas-Vysotsk LNG project. Under the contract, the energy of EL5-Energo’s wind farm with an installed capacity of 90 MW will be suppli
German bank KfW IPEX-Bank has revealed it will provide financing in the amount of €30 million for compatriot shipping company TT-Line’s dual-fuel roll-on/roll-off passenger (RoPax) ferry.
Petrobras has signed the Integrated Natural Gas Processing System (SIP) contract with CNOOC Petroleum Brasil and, together with partners, concluded the process of CNOOC’s adhesion to the existing contracts of the Santos Basin Integrated Natural Gas Flow System (SIE-BS). With these contracts, CNOOC w
