Japan and Saudi Arabia have signed memoranda of understanding (MoUs) for cooperation in the areas of circular carbon economy (CCE) and carbon recycling as well as clean hydrogen, ammonia and derivatives. The MoUs were signed during the first ministerial meeting of the Saudi-Japanese Ministerial Dial
Lime Petroleum, a Norwegian subsidiary of Singapore’s Rex International, has completed the acquisition of a stake in the Repsol-operated Yme field located offshore Norway. Lime Petroleum entered into a sale and purchase agreement with Kufpec Norway in August for the acquisition of a 10 per cent inte
Trade and investment agency AICEP, an independent public entity of the government of Portugal, has awarded a Potential National Interest (PIN) status to the GreenH2Atlantic project, which is developing a 100 MW green hydrogen production unit in Sines, Portugal. Martifier Group, one of the developers
US liquefied natural gas (LNG) export company Freeport LNG has updated the timing of the initial restart of its liquefaction facility in Texas which has been shut since June. To remind, the facility has been shut down following the explosion incident that occurred on 8 June. At first, the restart of
China’s oil and gas player CNOOC Limited has started production from another oilfield development project in the Bohai Sea. The project represents the sixth that the company brought on stream offshore China since September. CNOOC revealed on 26 December that the Kenli 6-1 oilfield 5-1, 5-2, 6-1 bloc
One of the world’s largest shipbuilders Hyundai Heavy Industries Group has validated the performance of a 1.5MW class LNG/hydrogen hybrid engine (HiMSEN) developed by proprietary technology. The company marked a major milestone last week with the completion of the performance verification of the hyb
A criminal investigation is underway regarding a bomb threat on board a containership identified as MSC Lorena, the Dutch police confirmed. The vessel was diverted from the Port of Antwerp following a threatening phone call saying that a bomb would explode if the ship docked in the port, according t
Engie’s Laborelec has placed the final order for a storage solution to Entech Smart Energies as part of the FORWARD2030 project, whose aim is to develop a multi-vector energy system and further advance floating tidal energy technology.
The construction of the main building exterior of the new switching station for the Shetland HVDC Link has been completed. The next step includes Hitachi Energy installing its equipment. The Noss Head Switching Station will house the electrical components used in the Shetland HVDC link, which will a
Kraken Robotics has appointed Greg Reid as its new president and chief executive officer (CEO), marking a leadership transition in the Canadian company.
Denmark-based shipowner Nordic Shipholding is moving forward with a voluntary liquidation process. The company informed earlier today that following an extraordinary general meeting held on December 23, the board of directors passed a proposal to liquidate the company by voluntary solvent liquidatio
Brazil’s oil and gas giant Petrobras has concluded the sale of the totality of its stake in the Papa-Terra production field located in the Campos Basin to 3R Petroleum Offshore. With this, 3R Offshore assumes the condition of operator of the field with a 62.5 per cent stake, in partnership with Nova
Germany’s Federal Ministry of Economics and Climate Protection (BMWK) has decided to fund the construction of three LNG bunkering ships with a total of around €62 million. The three ships, each with a capacity of 4,500 cubic metres, will be constructed by shipbuilder Flensburger Schiffbau-Gesellscha
TotalEnergies affiliate TotalEnergies LNG Services France (TELSF) is set to launch a campaign in January 2023 to market regasification capacity in its floating storage and regasification unit (FSRU) in Le Havre, France, from September 2023. TELSF said it is working on the installation of a new LNG i
