Japanese shipping company NYK has started operating its test engine facility to evaluate the safety of new fuels and shorten review time, aiming for practical use within a period of three months. NYK broke ground on the test facility in Chiba Prefecture at the beginning of the year and put it into o
Malaysia’s independent oil and gas exploration and production (E&P) company Hibiscus Petroleum has wrapped up the acquisition of TotalEnergies EP (Brunei) B.V., the Brunei affiliate of France’s energy giant TotalEnergies.
C-Innovation (C-I), an affiliate of Edison Chouest Offshore (ECO), has secured a multi-year contract with UK-based energy giant BP to provide subsea construction and inspection, maintenance, and repair (IMR) services in the Gulf of Mexico. According to C-I, the three-year contract includes the deplo
France’s technological containment specialist Gaztransport & Technigaz (GTT) has received respective orders from Korean and Chinese shipyards for tank designs for a total of four new liquefied natural gas (LNG) carriers. In the third quarter of this year, GTT secured an order from its partner Korean
UAE-based logistics titan DP World is set to invest £1 billion (approximately $1.3 billion) in expanding the London Gateway facility, with the aim of increasing the terminal’s capacity and enhancing the UK’s international trade resilience. As informed, the investment will see the addition of two new
Italian energy giant Eni has published the 23rd edition of its global energy statistical review, the World Energy Review (WER). In line with the trends registered over the past few decades, the report identifies a stable growth in global primary energy consumption, with fossil fuels making up four-f
Germany’s VNG, Algeria’s Sonatrach and Sonelgaz, Italy’s Snam and SeaCorridor, and Austria’s Verbund have signed a memorandum of understanding (MoU) to jointly examine the feasibility of a project for large-scale hydrogen production in Algeria and its export via planned SoutH2 Corridor to Italy, Aus
A geophysical and geotechnical survey are about to begin on a gas project being developed by Shell that is set to export gas from a field in Venezuela to the UK energy giant’s platform off Trinidad and Tobago, marking the start of preliminary work on the project. Chartered by Geohidra, a Venezuelan
U.S.-based Ocean Power Technologies (OPT) has secured a partnership with industrial service provider 3B General Trading & Contracting to advance Kuwait’s offshore energy and maritime projects. The agreement paves the way for the deployment of OPT’s wave adaptive modular vessels (WAM-Vs), unmanned s
Hanwha Ocean has thrown a boost of 11.67% into its final offer to shareholders of Singapore-based offshore builder Dyna-Mac, which specializes in manufacturing marine plant topside structures for floating production, storage, and offloading (FPSO) and floating liquefied natural gas (FLNG) units.
Petrobras, Shell, and CNOOC have signed three concession contracts for three blocks in the Pelotas Basin acquired at the public session held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) in December 2023.
The UK-based marine technology consultant Cape Horn Engineering has completed the first validation of its computational fluid dynamics (CFD) analysis for Spiralis Energy’s Axial Skelter tidal test rig, delivering a match to experimental data with less than 1.5% deviation. Following nearly a year of
After a number of announcements revealing work scheduled for 2025, Norwegian marine geoscience and technology company Shearwater GeoServices has secured two consecutive projects in Asia Pacific that will be carried out this year. Shearwater will perform two consecutive towed streamer survey projects
Global non-profit methane emissions certification provider MiQ has audited a liquefied natural gas (LNG) plant operated by the National Grid Grain LNG, a wholly owned subsidiary of energy transmission and distribution company National Grid.
