C2X, a recently established company backed by A.P. Moller Holding as majority owner and A.P. Moller – Maersk as minority owner, has signed a framework agreement with the Egyptian government to enable and accelerate large-scale production of green methanol in Egypt. C2X’s ambition is to have a produc
Dubai energy trader BGN has inked a landmark agreement with Indonesia’s state-owned PT Pertamina International Shipping (PIS) for collaboration on gas vessel transportation. The move is expected to reinforce BGN’s position as an emerging maritime asset player in the LPG market and strengthen LPG sup
Diamond Offshore’s semi-submersible rig has started its first assignment with Repsol in the UK sector of the North Sea.
Van Oord has commenced inter-array cable installation activities at Iberdrola Deutschland’s 476 MW Baltic Eagle offshore wind farm in Germany. After Van Oord’s heavy lift installation vessel Svanen completed the installation of all 50 monopiles for the Baltic Eagle offshore wind farm, Van Oord now c
Commodities trading group Trafigura has entered into two revolving credit facilities for a total combined amount of $400 million, with insurance from the Export-Import Bank of the United States (US EXIM), to supply European customers with LNG. The company said the facilities will exclusively be used
German equipment provider TGE Marine has received a contract from the Chinese shipyard Dalian Shipbuilding Industry Offshore Co. (DSOC) for the design and supply of a cargo handling system for Northern Lights’ LCO2 Carrier.
In the ever-evolving landscape of marine fuels, liquefied natural gas (LNG) is firmly holding its position as a formidable choice for the decarbonization of ships despite a recent uptick in the popularity of methanol. According to the data from a two-month special report from DNV – Maritime’s Altern
MW Energy, a joint venture between Abu Dhabi Future Energy Company (Masdar) and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources (MOEWR) to explore at least 500MW capacity of clean energy projects, including floating solar power,
Petrofac has been awarded a three-year contract extension in support of Repsol Sinopec Resources UK’s North Sea operations.
African Energy Chamber (AEC), an energy advocacy group, has released its new quarterly market-focused report, providing outlook and key insight into the continent’s LNG trends and showing that the African gas sector’s center of gravity is undergoing a geographical shift. Over the last few years, the
Solstad Offshore has secured contract extensions with Equinor, Subsea 7, and DeepOcean for one of its AHTS vessels and two CSVs.
French LNG containment specialist GTT has signed a technical services agreement (TSA) with compatriot shipping and logistics major CMA CGM Group. Under the agreement, GTT will provide CMA CGM with maintenance and operation services for 49 ‘biomethane and e-methane ready’ LNG-powered container vessel
Stellamar, the second unit of a series of 12 plug-in hybrid coasters ordered by ESL Shipping’s subsidiary AtoB@C Shipping, hit the water on October 1 at Chowgule Shipyard in India. “I would like to thank all parties involved in this successful project. It is great to be back here at Chowgule Shipyar
HD Korea Shipbuilding & Offshore Engineering (KSOE) and KEPCO Engineering and Construction Company (KEPCO E&C) have received approval in principle (AiP) from classification society ABS for a new design of a floating offshore nuclear power barge.
