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Business & Finance

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Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Green light for trio’s ‘critical’ $3.3 billion LNG acquisition

The Philippine Competition Commission (PCC) has given its blessing to three players for the joint acquisition of power facilities and a liquefied natural gas (LNG) terminal in Batangas City, Philippines.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Noble rig duo and Stena drillship on oil & gas exploration mission for ExxonMobil off Guyana

As three rigs press play to resume hydrocarbon search at the Stabroek block on South America’s North Atlantic coast, this enables ExxonMobil to keep looking for more oil and natural gas resources off the coast of Guyana, with drillships owned by Noble Corporation and Stena Drilling.

about 1 year ago
Noble Globetrotter I drillship; Source: Noble
Business & Finance

Noble drillship set to embark on Gulf of Mexico drilling job next month

U.S. offshore drilling contractor Noble Corporation has won a new offshore drilling assignment in the Gulf of Mexico for one of its drillships.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

‘First-ever’ blue bond in MENA region sees light of day

Dubai-based terminal operator DP World has issued a staggering $100 million blue bond, becoming the first company in the Middle East to mark this ‘milestone’. According to DP World, the blue bond will aim to fund environmentally friendly projects across marine transportation, port infrastructure, ma

about 1 year ago
Scarabeo 8 rig; Source: Saipem
Business & Finance

Saipem rig gearing up to spud Aker BP’s wildcat pair

Aker BP has received the Norwegian authorities’ blessing to drill two exploration wells in the Norwegian Sea, off the coast of Norway, with a semi-submersible rig owned by Italy’s Saipem.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

MSC orders additional 10 LNG dual-fuel boxships

Switzerland-based MSC Mediterranean Shipping Company, the world’s largest container shipping company, has ordered ten additional liquefied natural gas (LNG) dual-fuel vessels in China.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Singapore arm of Florida’s Nebula shakes hands with Swan Energy on LNG JV and infrastructure in India

Nebula Energy has revealed that its majority-owned AG&P LNG is continuing its gas expansion quest by striking a new deal to create a joint venture company in India with a local player in the liquefied natural gas (LNG) arena.

about 1 year ago
Illustration; Source: Saipem
Business & Finance

Saipem makes a comeback on Brazil’s oil & gas stage

Saipem has returned to the Brazilian oil and gas scene following a two-year ban from engaging in contracting activity with the country’s public administration.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Finland-Estonia interconnector down again due to damage, foreign ship’s role under investigation

The Finnish authorities are investigating the sudden power outage at the Estlink 2 interconnector between Finland and Estonia that occurred yesterday, December 25, the country’s Prime Minister Petteri Orpo said. Finland’s transmission system operator (TSO) Fingrid reported to the authorities the pos

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Canada’s $4 billion LNG project facing another legal challenge

Steelhead LNG is mounting one more legal challenge against an LNG project on Canada’s West Coast. Legal proceedings are underway against Pembina Pipeline Corporation and ARC Resources in connection with a floating LNG (FLNG) solution for this development.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Santos’ hook-up of new well to existing gas hub offshore Australia gets the all-clear

Santos has received the thumbs-up for its revised environment plan (EP) from the country’s offshore regulator, which will enable it to bring online a new well off the coast of Australia to bolster gas production from existing assets.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Viridien, TGS complete OBN survey in ‘mature region’ of North Sea

Joint venture partners Viridien, previously known as CGG, and TGS have completed the multi-client Sleipner ocean bottom node (OBN) survey, as well as delivered the final processed data expected to be valuable to explorers operating in the area for years to come. The survey, the second of two dense m

about 1 year ago
Prigorodnoye production complex at Sakhalin II project; Source: Gazprom
Business & Finance

Gazprom greenlights $15 billion investment plan to bolster gas production capacity

Russia’s giant Gazprom has set its investment program and budget for next year at RUB 1.52 trillion (almost $15.22 billion), a drop of about 7% compared with the planned spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Scottish startup inks ‘landmark’ deal for EU’s first operational CO2 storage facility

Scottish startup The Carbon Removers has secured what it says is a landmark deal for CO2 storage as part of Project Greensand in the Danish North Sea. The Carbon Removers announced the agreement on December 10 to permanently sequester 50,000 tonnes of CO2 per year in a depleted oil field, 1,800 mete

about 1 year ago
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