Qatar’s state-owned oil and gas company QatarEnergy has signed a partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field South (NFS) expansion project. Furthermore, the two parties signed a long-term sales and purchase agreement (SPA) for the delivery of 3 million to
Following rupture and shutdown of the Balticconnector gas pipeline in early October, Finland’s Inkoo FSRU terminal has received second LNG cargo from Gasum. According to Gasum, the cargo arrived on November 5 and unloading to the FSRU has started where the LNG will be regasified and fed into the Fin
New report predicts a boost in demand, with orders reaching up to $173 billion for 168 floating production units within the next five years.
Singapore-based container shipping company Ocean Network Express (ONE) has completed the acquisition of a 51% stake in TraPac LLC and Yusen Terminals LLC on the US West Coast, and a 20% stake in Rotterdam World Gateway (RWG), after clearing all regulatory hurdles. The move is being pursued as ONE wo
Oslo-listed oil and gas E&P player BW Energy has made a new oil discovery at an appraisal well which is part of its multi-well program offshore Gabon.
London-headquartered Next Geosolutions has launched a high-speed survey remotely operated vehicle (ROV), following a research and development program. HS-ROV Superior, a result of a collaboration between the company’s R&D and Technical Departments and high-tech ROV manufacturer Kystdesign, is a fast
Petronas and ExxonMobil have made an oil discovery at an exploration well in Block 52 located offshore Suriname.
The first phase of UK construction has been completed for the first-ever energy link between the UK and Germany, keeping the project on track. The construction milestone comes as NeuConnect Chair Julia Prescot joined the signing of a new UK-Germany Joint Declaration of Cooperation on Energy and Clim
China Petroleum & Chemical Corporation (Sinopec) has revealed that the world’s largest LNG storage tank was put into operation at its Qingdao LNG receiving terminal in China. The construction of the tank with a storage capacity of 270,000 cubic meters began in early 2022 and it was put into service
South Korean shipping line HMM has concluded time charter contracts for four bulk carrier newbuildings. The charter deal is worth around $954.2 million with an undisclosed company and is set to last from 2026 to 2042. The contract marks a significant move in the company’s expansion strategy into the
Alcatel Submarine Networks (ASN), part of Nokia, has delivered subsea control cable infrastructure for an Equinor-operated field recently brought on stream. ASN has supplied, installed, and pre-commissioned DC/FO subsea control cable infrastructure, which provides high electrical power and fiber con
Team Electric has signed an agreement with Remontowa Shiprepair Yard to provide services for three Polsteam hybrid dual-fuel Ro-Paxes.
Santos is being prevented from continuing its planned work on the Barossa gas field development project offshore Australia due to an interim injunction.
Following last year’s memorandum of understanding (MoU) with Suez Canal Economic Zone (SCZONE), German company DAI Infrastruktur has now joined forces with compatriot technology major Siemens Energy to develop its green ammonia project in East Port Said, Egypt. On October 30, 2023, DAI signed an MoU
