South Korean shipbuilder HD Hyundai Mipo has secured a new order worth KRW 514.8 billion (around $370 million) for the construction of four LNG bunkering vessels. The shipbuilding contract was revealed in HD Hyundai Mipo’s stock exchange filing on November 7, 2024. The deal includes the construction
Qatar’s state-owned energy giant QatarEnergy has inked an agreement with U.S.-headquartered oil major Chevron to buy a working interest in the concession agreement for a block in the Mediterranean Sea offshore Egypt.
Norwegian shipping and logistics company Wallenius Wilhelmsen has signed a multi-year shipping contract with an undisclosed automotive manufacturer.
Four Northern European ports have been granted EU funding for projects to reduce emissions from containerships moored at their quays.
Transocean, Noble Corporation, Valaris, Borr Drilling, and Odfjell Drilling have secured a combined total backlog of $23.22 billion in the third quarter of 2024, which is higher than $23.03 billion in the second quarter of 2024 and $22.7 billion in the third quarter of 2023.
Norway’s AGR, part of the energy and marine consultancy group ABL Group, has delivered a technical peer review of two carbon storage licenses in the Norwegian North Sea for compatriot E&P company Aker BP. AGR conducted an independent third-party technical peer review of the EXL005 Poseidon license,
Belgian shipping company EXMAR has opened a new entity, EXMAR LPG France, which will own and operate six newbuild dual-fuel LPG/ammonia midsize gas carriers (MGCs) under construction at HD Hyundai Mipo in South Korea. The company announced the opening of the new French entity in its third quarter re
A new collaboration center that will bring together around 80 green energy workers contributing to the delivery of a series of subsea electricity transmission links between Scotland and England has been officially opened in Glasgow, Scotland. The Eastern Green Link (EGL) Collaboration Centre will br
Woodside Burrup, a subsidiary of Australia’s Woodside Energy, has awarded what it says is its largest-ever traditional owner construction contract to a 100% Karratha-owned and 50% Indigenous-owned company for the delivery of civil works for the Pluto LNG Train 1 Modifications project located near Ka
German green hydrogen producer HH2E has decided to file for self-administration and pursue a structured corporate restructuring process after the company’s majority shareholder voted against providing financing for HH2E’s first green hydrogen production facility in Lubmin. Near the coast, in Lubmin
Non-profit alliance Washington Maritime Blue has opened applications for its 2025 Blue Ventures Programs, aimed at startups and entrepreneurs working on ocean-focused technologies. According to Washington Maritime Blue, the programs will support solutions in renewable ocean energy, maritime decarbo
Abu Dhabi National Oil Company (ADNOC) has signed a sales and purchase agreement (SPA) with Germany’s Securing Energy for Europe (SEFE) for the long-term supply of low-carbon liquefied natural gas (LNG) from the Ruwais LNG plant in the UAE, set to be the first LNG export facility in the Middle East
Greece’s Hellenic Cables has secured a turnkey contract with Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO) for the submarine interconnection of the Ionian islands. Under the contract, Cenergy Holdings’ cable segment is in charge of the design, supply, and in
Investment in European hydrogen is set to grow by 140% in 2024, according to European Commission President Ursula von der Leyen.
