In an op-ed piece, Tony Lewis, chief technology officer at OceanEnergy, sheds more light on the potential of wave energy and the expectations from the WEDUSEA project, being coordinated by the Ireland-based company.
US LNG company Sempra Infrastructure has finalised a long-term sale and purchase agreement with RWE Supply & Trading, a subsidiary of RWE, for the supply of liquefied natural gas (LNG) from its Port Arthur LNG Phase 1 project under development in Jefferson County, Texas. Under the agreement, approxi
Excelerate Energy’s floating storage and regasification unit (FSRU) Exemplar has anchored in the deep harbour Inkoo, Finland, to serve the country’s first FSRU-based terminal. Finnish transmission system operator Gasgrid Finland confirmed the Exemplar’s arrival on 28 December stating that “the float
The crane on the process module at Tyra II has been put into permanent use, representing a milestone in the hook-up and commissioning campaign of the field redevelopment project in the Danish North Sea. Norwegian Energy Company (Noreco) reported on 23 December that the crane on the process module (T
UK-headquartered provider of marine engineering services James Fisher and Sons is selling the Subtech Swordfish dive support vessel (DSV) for a cash consideration of $24 million. The company has entered into a Memorandum of Agreement (MoU) for the sale of the 2007-built vessel to Seamec Limited, a c
UAE-based port operator AD Ports Group has joined forces with KMTF (Kazmortransflot), a fully-owned offshore logistics and services subsidiary of the Kazakh National Oil Company (KazMunayGas), to create a new offshore and tanker joint venture.
Clean Jacksonville, also known as North America’s first liquefied natural gas (LNG) bunker barge, has reached another milestone after completing its 300th bunkering. According to a social media update by US shipping company Tote Maritime, Clean Jacksonville conducted the 300th bunkering operation on
Container shipping major Maersk has launched the construction of its 16,200 TEU dual-fuel containerships that can run on green methanol. Namely, South Korean shipbuilder Hyundai Heavy Industries hosted a steel-cutting ceremony for what is believed to be the first vessel from the series on November 2
NEOM Green Hydrogen Company, a joint venture created by ACWA Power, Air Products and NEOM, has awarded an engineering, procurement and construction (EPC) contract to Indian Larsen & Toubro (L&T) for the planned mega green hydrogen plant in Saudi Arabia. On 22 December, NGHC announced that the contra
The Njord field in the Norwegian Sea has commenced production again, following an extensive six-year upgrade of the platform and the floating storage and offloading vessel (FSO). Production from the Njord field resumed at 16:30 on 27 December, extending the planned field life for another 20 years. C
South Korea’s defense and energy conglomerate Hanwha Group is reportedly looking to acquire a controlling share in compatriot marine engine maker STX Heavy Industries. Hanwha has set sights on buying a 47.81 percent share in the company from a local equity firm Pinetree Partners worth an estimated K
Due to increases in the liquefied natural gas (LNG) fuel costs and a “non-sustainable financial situation”, Norwegian ferry company Fjord Line has decided to rebuild its two ships from LNG-only engines to dual-fuel LNG / marine gas oil (MGO) engines. “The energy crisis, caused by the Russian invasio
Russian President Vladimir Putin signed an Executive Order on Tuesday, December 27, banning the sale of oil and oil products to foreign companies and individuals abiding by the price cap imposed by the Westrn nations. To remind, at the beginning of December, the Group of Seven (G7) nations and Austr
Brazilian oil and gas giant Petrobras has begun the contracting process for two floating, production, storage and offloading (FPSO) production units for the shared reservoirs of Atapu and Sépia deepwater oil fields. The platforms P-84 (Atapu) and P-85 (Sépia) will each have a daily production capaci
