Japanese major Mitsui O.S.K. Lines (MOL) has signed a Memorandum of Understanding (MoU) with compatriot The Kansai Electric Power Co. (KEPCO) for a study of marine transportation for the development of a carbon dioxide capture and storage (CCS) value chain.
Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) has made another gas discovery at Block SK410B offshore Malaysia. PTTEP’s subsidiary PTTEP HK Offshore (PTTEP HKO) began the drilling of the Paprika-1 wildcat well in Block SK410B in July. The well was drilled to a total
CB Fenton, part of Ultramar (Chile), and Norwegian small-scale LNG sea transport and bunkering vessels developer Kanfer Shipping have signed a Memorandum of Understanding with the aim of establishing a hub for LNG bunkering and small-scale LNG distribution in/out of Panama. The duo is now seeking a
UK-based energy giant BP and the Government of Indonesia have concluded a 20-year extension of the Tangguh production sharing contract (Tangguh PSC), enabling BP to further develop the largest gas-producing field in Indonesia. On 23 December, BP announced that the Indonesian government granted the e
Solstad Offshore has received Letters of Award from subsea contractors for the construction support vessel (CSV) Normand Maximus that combined have a duration of minimum 200 days. The Norwegian company reported on 23 December that Normand Maximus had received Letters of Award from various undisclose
Swedish tidal energy company Minesto has signed a long-term lease agreement for strategic port access and onshore operations and maintenance (O&M) work site in the Faroe Islands.
Offshore drilling contractor Seadrill has entered into an agreement to acquire Aquadrill, formerly known as Seadrill Partners, in an all-stock transaction that values the UK firm at $958 million. Following completion, Seadrill shareholders and Aquadrill unitholders will respectively own 62 per cent
Swedish shipping company Erik Thun Group marked a launching and naming ceremony for a multi-purpose dry cargo vessel ‘Baltic Crystal’ at Shipyard Ferus Smit B.V. in Westerbroek, Netherlands. The vessel was named by its Godmother Mira Olausson. Baltic Crystal is a sister vessel of Nordic Crystal, whi
Proteum Energy and Transitus Energy have signed a Letter of Intent (LOI) to explore joint development opportunities in the UK, Netherlands, Republic of Ireland, and Norway to produce low-carbon hydrogen. The parties intend on producing hydrogen from North Sea natural gas resources. Transitus said th
German energy major Uniper has partnered with compatriot public seaports operator Niedersachsen Ports (NPorts) and green hydrogen provider Tree Energy Solutions (TES) for a new large joint import terminal for green gases in Wilhelmshaven. On the sideline of the opening ceremony for the first German
UAE-based Shelf Drilling has secured three-year contracts for two of its jack-up rigs for work offshore India, as well as a one-year contract for a rig to operate off the coast of Nigeria. Shelf Drilling reported that Compact Driller and Key Singapore had been appointed for operations in Mumbai High
China Merchants Jingling Shipyard (Weihai) has delivered the ninth E-Flexer RoRo vessel, Santona, to its owner Stena RoRo. The online delivery signing ceremony was held on December 22. The dual-fuel LNG-powered ferry has been chartered by Brittany Ferries on a long-term basis. Stena RoRo has an agre
Dutch short sea shipping company Vertom Group has taken delivery of the first in a series of six diesel-electric dry bulk vessels from compatriot Thecla Bodewes Shipyards.
A renewable fuels company Raven SR and a manufacturer of engineered equipment Chart Industries have signed a memorandum of understanding (MoU) to collaborate globally on the liquefaction, storage, and transportation of hydrogen as well as pure carbon dioxide produced from Raven SR’s non-combustion S
