Australia’s Western Gas has signed separate nonbinding agreements with Pluto LNG and the North West Shelf Project participants for the processing of 2-3 Mtpa of Equus gas from 2027 utilising Woodside-operated infrastructure. The agreements outline the key terms and process for undertaking the partic
UK-based oil and gas company Serica Energy has entered into an agreement with compatriot Tailwind Energy Holdings to acquire the entire issued share capital of Tailwind Energy Investments in a deal worth approximately £367 million. The consideration for the acquisition comprises the issue of up to 1
South Korea’s defense and energy conglomerate Hanwha Group has signed a $1.5 billion deal for the acquisition of a controlling stake in compatriot shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME). The troubled shipbuilder has been controlled by the state-run Korea Development Bank (KDB)
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has entered into bareboat and time charter contracts with Northern Lights JV DA for two 7,500 m3 liquefied CO2 ships under construction in China. China’s Dalian Shipbuilding Industry Co. (DSIC) launched the construction of the two LNG-powered, w
QatarEnergy, TotalEnergies, and Petronas have been awarded an offshore exploration block in Brazil.
Researchers from the University of Exeter have developed a new tool to streamline the life cycle assessment of tidal turbine deployments.
Clean energy company Iberdrola Australia has partnered with hydrogen developer ABEL Energy for a green hydrogen and green methanol project at the Bell Bay production facility, known as the Bell Bay Powerfuels Project, in northern Tasmania. Iberdrola said that the total estimated capital requirement
Guangzhou Yuanhai Car Carrier Transportation, a joint venture recently set up by Cosco Shipping Specialized Carriers, SIPG Logistics and Anji Logistics, has placed an order for six 7,500 CEU dual-fuel LNG car carriers. The vessels will be built by Fujian Shipbuilding’s Xiamen Shipbuilding Industry a
Offshore energy industries, which up until recently had little in common, are becoming increasingly intertwined as governments and private sectors step up their game for a more integrated and sustainable energy mix of the future.
Aker BP has submitted a PIO and ten PDOs for oil and gas projects to the Norwegian Ministry of Petroleum and Energy.
German automotive and industrial supplier Schaeffler has signed a letter of intent (LOI) with French hydrogen producer Lhyfe that includes a technology partnership, green hydrogen, and a 15 MW industrial electrolysis plant in Herzogenaurach, Germany. The first part of the agreement is in regard to g
Fortescue Future Industries (FFI), a subsidiary of Australian iron ore company Fortescue Metals Group, and the Ministry of Energy of the Republic of Azerbaijan have signed a framework agreement to jointly study and develop potential green hydrogen and renewable energy projects in Azerbaijan. The agr
Swedish wave energy company Waves4Power and Indonesia’s state-owned electric utility PLN Indonesia Power has signed a memorandum of understanding (MoU) to develop WaveEL wave energy parks on a large scale in the world’s largest archipelagic state.
“We are looking at a market today that is immense. It is new and unprecedented when you look at the numbers. Floating wind is expected to be, in 2050, bigger than fixed offshore wind. But we got some catching up to do, and catching up to be done is really in the supply chain”, GustoMSC’s […]
