South Korean shipbuilder Hanwha Ocean, formerly known as Daewoo Shipbuilding and Marine Engineering (DSME), has secured an order for the construction of one LNG carrier. The shipbuilding contract worth 332,2 billion won (around $260 million) was revealed in Hanwha Ocean’s stock exchange filing on 31
Amidst a shifting landscape in the quest for carbon neutrality, shipowners worldwide are now gearing up to embrace the anticipated demand growth for ammonia, with multiple tankers slated to incorporate ammonia in their cargo list. Svanehøj, a Danish-based pump manufacturer, has witnessed a remarkabl
Jadestone Energy has temporarily shut in production from an FPSO vessel operating at a field in the Timor Sea offshore Australia.
Australian Provaris Energy has informed that it continues to make progress on its Tiwi H2 green hydrogen export project on the Tiwi Islands, Northern Australia through its early works program initiated in late 2022 that covers detailed engineering, permitting and land and project agreements. It stat
The UK government has selected two carbon capture and storage (CCS) projects to establish two new clusters through the Track 2 process.
Thailand’s state energy company PTTEP has joined the Renewables for Subsea Power (RSP) collaborative project which is intended to prove the concept of powering subsea equipment with wave power and intelligent subsea energy storage.
The European Commission adopted the 11th edition of the European List of ship recycling facilities, which has been updated with three new yards located in Türkiye. The facilities in question are Anadolu Gemi Söküm Orman Ürn. Gida Tur. Nak, San. Ve Tic. A.Ş., BMS Gemi Geri Dönüşüm San Ve Tic. A.Ş. an
An environmental survey is about to commence on the UK side of an interconnector that will link the UK and Germany for the first time. Spain’s Geociencias y Exploraciones Marítimas (GEM) will perform a survey of the route for the installation of the NeuConnect Interconnector, nominally 705 kilometer
North Sea Transition Authority’s new analysis shows that domestically produced gas is significantly cleaner than the imported LNG.
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States climbed a notch last week.
While Chevron and ExxonMobil recorded strong performance in 2Q 2023, this still represents a sharp decrease year-over-year.
UK shipowner Carisbrooke Shipping has signed a letter of intent with Anglesey and Manchester-based Grafmarine to utilise their NanoDeck AI Solar tile management solution. The shipping company will install the solar cells on its vessels to manage and store renewable energy following successful trials
Norwegian offshore safety regulator has given Equinor consent to carry out modifications at a platform operating on a field in the Norwegian Sea.
Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway, using a KCA Deutag Drilling-managed rig.
