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Japanese partners study turning Namikata Terminal into ammonia hub
Business Developments & Projects

Japanese partners study turning Namikata Terminal into ammonia hub

Seven Japanese companies have joined forces to investigate the possibility of utilizing Namikata Terminal in Imabari City as an ammonia supply hub. Namely, Shikoku Electric Power Company, Taiyo Oil Company, Taiyo Nippon Sanso Company, Mazda Motor Corporation, Mitsubishi Corporation, Namikata Termina

about 3 years ago
Chevron teams up with Angelicoussis for ammonia carrier study
Business Developments & Projects

Chevron teams up with Angelicoussis for ammonia carrier study

Energy major Chevron, through its subsidiary Chevron Shipping Company, and the Angelicoussis Shipping Group, through its Energy Transition division Green Ships, have made a Joint Study Agreement (JSA) to explore how tankers can be used to transport ammonia, a potential lower carbon marine fuel. Thro

about 3 years ago
Overseas Anacortes oil tanker; Source: OSG
Business Developments & Projects

Coast Guard medevacs oil tanker captain off Alabama

The U.S. Coast Guard has performed an evacuation via helicopter of a 69-year-old captain from an oil tanker 218 miles offshore Alabama.

about 3 years ago
Next-gen autonomous subsea robot hits the water
Business Developments & Projects

Next-gen autonomous subsea robot hits the water

Nauticus Robotics has kicked off a commissioning exercise of the first of three second-generation Aquanauts autonomous subsea robots, dubbed the Mark 2 (MK2). Following commissioning, Nauticus plans to send the initial Aquanaut MK2 units to the North Sea and the Gulf of Mexico in the coming months t

about 3 years ago
Argos semi-submersible offshore platform in the U.S. Gulf of Mexico; Source: BP
Business Developments & Projects

BP cheers first oil from its new deepwater Gulf of Mexico platform

BP has kicked off oil production from its fifth operated production platform in the U.S. Gulf of Mexico and the first new one since 2008.

about 3 years ago
Offshore surveys starting at Shell & Ocean Winds’ lease area off Massachusetts
Business Developments & Projects

Offshore surveys starting at Shell & Ocean Winds’ lease area off Massachusetts

Furgo, using its vessel Fugro Explorer, will perform a geotechnical survey campaign at the SouthCoast Wind lease area offshore Massachusetts, formerly known as Mayflower Wind, where the joint venture between Shell and Ocean Winds plans to install up to 2.4 GW of offshore wind capacity. A geophysical

about 3 years ago
World’s largest FSRU docks in Hong Kong as offshore LNG terminal readies for commissioning
Business Developments & Projects

World’s largest FSRU docks in Hong Kong as offshore LNG terminal readies for commissioning

World’s largest floating storage and regasification unit (FSRU), MOL FSRU Challenger, has arrived in Hong Kong where it will serve the offshore LNG terminal that is due for final commissioning soon. According to CLP Power and HK Electric, the power companies that are jointly developing Hong Kong’s f

about 3 years ago
Eemshaven LNG terminal sees first delivery by Engie
Business Developments & Projects

Eemshaven LNG terminal sees first delivery by Engie

Engie Global Energy Management & Sales has delivered its first vessel at the new Eemshaven floating LNG terminal in the Netherlands. The company said it is significantly increasing LNG imports into Europe and remains committed to providing a secure supply of energy to its clients. “We are confident

about 3 years ago
Illustration; Source: The Danish Energy Agency
Business Developments & Projects

Oil and renewables steal the spotlight, as natural gas consumption takes a downturn in 2022

The Danish Energy Agency has published the preliminary energy statistics for 2022, outlining that natural gas consumption declined last year.

about 3 years ago
Himalaya Shipping welcomes third LNG dual-fuel bulker
Business Developments & Projects

Himalaya Shipping welcomes third LNG dual-fuel bulker

Bermuda-based bulk carrier company Himalaya Shipping has taken delivery of the third LNG dual-fuel 210,000 dwt newcastlemax newbuild from New Times Shipbuilding (NTS) in China. The company announced the delivery of the vessel, Mount Etna, on 13 April, adding it will commence a minimum 24-month chart

about 3 years ago
Rovco's new COO comes from Mermaid Subsea Services
Business Developments & Projects

Rovco’s new COO comes from Mermaid Subsea Services

UK’s Rovco has appointed Fraser Moonie, previously Regional Director for Mermaid Subsea Services UK, as its new Chief Operating Officer (COO) as part of the company’s global expansion targets. Shortly before taking over the role at Rovco, Moonie worked to bring the Asia-based subsea contractor Merma

about 3 years ago
Vard to make Norwegian platform supply vessel more sustainable
Business Developments & Projects

Vard to make Norwegian platform supply vessel more sustainable

Norway-based Vard Electro has secured a contract with compatriot REM Offshore to deliver an energy storage system for a platform supply vessel (PSV) that will undergo a retrofit project. The order covers a comprehensive SeaQ package that includes an energy storage system, drives, energy management s

about 3 years ago
The 561kWp floating solar power plant in Indonesia (Courtesy of PLN)
Business Developments & Projects

Indonesia’s 561kWp floating solar plant starts operating

Indonesia’s state-owned utility PT PLN (Persero) has put into operation a 561kWp floating solar power plant in Semarang, on the island of Java.

about 3 years ago
EC backs LOTOS Green H2 in hydrogen production, approves Polish measure
Business Developments & Projects

EC backs LOTOS Green H2 in hydrogen production, approves Polish measure

The European Commission (EC) has approved, under EU State aid rules, a €158 million Polish measure to support LOTOS Green H2, a special purpose vehicle ultimately owned by PKN Orlen SA, in the production of renewable hydrogen to be used in the refinery production processes. The LOTOS’s Green H2 proj

about 3 years ago
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