Petronas has put RINA, a provider of inspection, certification, and engineering consultancy services, in charge of a preliminary front-end engineering design (pre-FEED) study for a carbon capture and storage (CCS) project in Malaysia.
South Korea’s shipbuilder Hanwha Ocean has placed an order with French technological containment specialist Gaztransport & Technigaz (GTT) for the tank design of two new liquefied natural gas (LNG) carriers it is building for Greek shipowner Maran Gas Maritime.
China’s tanker major COSCO Shipping Energy Transportation (CSET) has established a new subsidiary centered around LPG fleet development and hydrogen-based new energy business.
QatarEnergy has crossed the finish line for its historic LNG fleet expansion program by inking long-term time charter party (TCP) agreements with the joint venture (JV) of Japan’s Mitsui O.S.K Lines Ltd. (MOL) and China’s COSCO Shipping LNG Investment (Shanghai) Co. Ltd. (CSLNG) for six QC-Max size
Ocean Winds, a 50/50 joint venture between EDP Renewables and ENGIE, has contracted Føn Energy Services to provide a fully integrated Balance of Plant (BoP) operations and maintenance (O&M) service program for the Moray East and Moray West offshore wind farms in Scotland. The contract is valid for t
The North Sea Transition Authority (NSTA) has awarded the Northern Endurance Partnership (NEP), comprising BP, Equinor and TotalEnergies, with the first-ever carbon storage permit in the UK. The project, located around 75 kilometers east of Flamborough Head, off Teesside on England’s east coast, is
With the swift surge in geopolitical upheavals, a rising tide of offshore security risks is playing out across the globe, putting vessels, undersea cables, and offshore oil and gas installations in danger of increasingly becoming sitting ducks for “gray zone” attacks, which WTW interprets as actions
Air Liquide has been awarded a grant of €110 million from the European Innovation Fund for its ENHANCE project in the Port of Antwerp-Bruges, Belgium, that aims to produce and distribute low-carbon and renewable hydrogen derived from ammonia.
As the Department of Energy (DOE) has confirmed the environmental reviews will need to be completed with all agencies before pending projects can get back on track, the pause appears to still be in effect, even though a preliminary injunction from a court in Louisiana seemingly ended a temporary lul
TotalEnergies has expanded its gas portfolio with more assets off the coast of Malaysia by wrapping up the acquisition of stakes OMV and Sapura Upstream held in SapuraOMV Upstream Assets, a Malaysian independent gas producer and operator.
The consortium partners behind Project Greensand have taken the final investment decision (FID) for what is the first full-scale carbon storage facility in the EU, investing $150 million in commercial agreements across the entire value chain, from CO2 emitters to logistics, storage, and shipping. On
Swedish tidal energy developer Minesto has finalized the design and technical specifications for its upgraded Dragon 12 tidal energy system, marking a step toward deploying the first Dragon farm at Hestfjord in the Faroe Islands. According to Minesto, the project’s Phase 1 targets a capacity of 10
UK-headquartered Subsea Technology & Rentals (STR) has entered into an investment deal with STAR Capital Partnership as part of its growth strategy. STAR Capital Partnership has become STR’s new majority shareholder, with the investment set to enable the UK firm to further evolve its equipment and s
France’s energy giant TotalEnergies has started production from a well in the Harald East area, with the gas set to be exported through the Tyra facilities in the Danish sector of the North Sea. Once a final investment decision (FID) was made by the Danish Underground Consortium (DUC), including Tot
