AB Klaipedos Nafta, operator of Klaipeda LNG Terminal, and AB Amber Grid, gas transmission system operator, have begun a joint process of Open Season procedure at the terminal and Lithuanian gas transmission system. The operators said they seek to evaluate possibilities to expand the current Klaiped
Oil and gas giant Shell has shut down production at its Prelude floating liquefied natural gas (FLNG) facility offshore Australia after a fire broke out on 21 December. “On Wednesday 21 December at 16:25 AWST, there was a small fire detected on board Prelude in a turbine enclosure. The fire was quic
International Petroleum Corporation (IPC) has signed a letter of agreement with Petronas for the extension of the Block PM 307 Production Sharing Contract (PSC) covering the Bertam Field offshore Peninsular Malaysia. IPC Malaysia is the operator and holds a 90 per cent participating interest and IPC
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, Rocky Mountain Institute, Danish Shipping, and Maersk Oil Trading have initiated a project designing a maritime-specific Book & Claim project.
Carbon-Zero US, Cox Operating, Crescent Midstream and Repsol have established a partnership to develop one of the largest offshore hubs for permanent storage of carbon dioxide in the Gulf of Mexico area.
LNG has been described as a transitional fuel for the shipping industry for years now, and a practical solution for shipowners who want to act now on their emissions and not wait on the side-lines. Nevertheless, as of recently, we are also seeing that LNG is becoming a fuel in transition as owners s
Swedish company Waves4Power has opened an equity funding round, looking to secure $25 million, that will support its efforts to unlock opportunities for wave energy developments across the globe.
U.S.-based Vision Energy, through its wholly-owned subsidiary Evolution Terminals BV, says to be on track to file the detailed environmental impact assessment for its energy project in the North Sea Port of Vlissingen, the Netherlands before January 31, 2023. Namely, Evolution Terminals is in advanc
ENGIE, Shell, Vopak and Anthony Veder have agreed to develop a green hydrogen logistic maritime corridor connecting the ports of Sines in Portugal and Rotterdam in the Netherlands. The project named H2Sines.RDAM aims to produce green hydrogen on a unit located in Sines, convert it to liquefied hydro
Brazilian oil and gas company Petrobras has put into operation its new floating, production, storage and offloading (FPSO) vessel P-71, ahead of the expected start of production in 2023. The P-71 platform vessel started production on Wednesday, 21 December. It is installed in the Itapu field in the
Singapore-based shipyard group PaxOcean and French LNG containment specialist GTT have signed a technical service agreement that will enable PaxOcean to expand its repair scope by providing membrane tank maintenance and servicing of liquefied natural gas (LNG) carriers to be repaired in PaxOcean Bat
OMV Norge and its partners have submitted the plan for development and operation (PDO) for the Berling gas field, previously known as Iris Hades, to Norway’s Ministry of Petroleum and Energy. The Berling field, which stretches across three licenses with aligned ownership interests (PL644, PL644B and
European Commission (EC) has granted approval for Germany’s aid measures to recapitalise energy companies Securing Energy for Europe (SEFE), previously known as Gazprom Germania GmbH, and Uniper in the context of Russia’s war against Ukraine. On 19 December, Uniper and the German Federal Government
DOF Subsea Asia Pacific has secured a contract to provide construction support for riser and spool installation including air and saturation diving for a brownfield expansion project in Malaysia. The award includes project management, engineering, procurement, transportation and installation servic
