UAE-based renewable energy company Abu Dhabi Future Energy Company (Masdar), Indian multinational conglomerate Larsen and Toubro (L&T) and Belgium’s Agfa have joined the Hydrogen Council, a global CEO-led initiative that brings together companies with a united vision and long-term ambition for hydro
UK-based company Global OTEC has held meetings with national and regional blue economy stakeholders in Suva, Fiji, to discuss the development of a potential ocean thermal energy conversion (OTEC) pilot project. Global OTEC conducted the initiative in Fiji backed by the United Nations Industrial Deve
The state-owned operating company Deutsche Energy Terminal (DET), responsible for the marketing and operation of the four LNG terminals (FSRU) on the German North Sea coast, has for the first time marketed regasification capacities of the terminals in digital auction rounds. On a total of six market
A Kuala Lumpur-headquartered company has delivered a subsea pipeline inspection using lightweight autonomous underwater vehicles (AUVs) for Malaysia’s state-owned energy giant Petronas. NJ Petroniaga announced it had delivered the “innovative” subsea pipeline inspection for Petronas Gas Berhad from
Israel’s Ministry of Energy has set its cap on approving the award of six licenses in a fourth competitive process for natural gas exploration in the State of Israel’s Exclusive Economic Zone (EEZ) to Azerbaijan’s SOCAR, NewMed Energy – former Delek Drilling – and Britain’s BP.
The Korean Register (KR), in collaboration with the Marshall Islands Registry, has granted Approval in Principle (AiP) for an onboard CO2 capture system (OCCS) developed by Hanwha Ocean during Kormarine 2023 in Busan, South Korea. With the International Maritime Organization (IMO) and the European U
AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has taken delivery of its second LNG dual-fuel very large crude carrier (VLCC) for a long-term charter to Shell. The vessel named Eagle Ventura is the sister vessel to the Eagle Vellore, which was handed
C2X, a recently established company backed by A.P. Moller Holding as majority owner and A.P. Moller – Maersk as minority owner, has concluded the first phase to secure the concession for a large site for green methanol production with the port of Huelva in Spain. After signing a framework agreement
OEUK has welcomed the award of new oil and gas licenses as a step in the right direction to strengthen homegrown energy security.
Fugro’s revenue for the third quarter of 2023 is €608.9 million, an increase from €480.2 million reported in the same quarter of 2022 – a result said to be due to better contracting conditions, high activity levels and good project execution. Fugro reported that its revenue was up by 32.6% on a curr
PetroVietnam Gas Corporation (PV Gas) has held an inauguration ceremony at the Cai Mep Industrial Park, Phu My Town, Ba Ria-Vung Tau, Vietnam, for the Thi Vai LNG terminal. According to PV GAS, the Thi Vai LNG terminal officially being put into operation is the ultimate result of the company’s effor
Havila Shipping has sold three vessels – one platform supply vessel (PSV) and two anchor handling tug supply (AHTS) ones – following demands from lenders, and in accordance with its current restructuring agreement.
Hong Kong-based ship manager Wallem Group has welcomed into its fleet two dual-fuel vessels, Angleviken and Askviken over the past few months. The two 110,000 dwt LR2 tankers, delivered by Guangzhou Shipyard International, are owned by Viken Shipping from Norway. They can run on both heavy fuel oil
Equinor has inked a new supply agreement for natural gas with RWE, which is expected to aid in bolstering Germany’s energy security.
