Green Ships AS, a consultancy company specialized in the designing and building of ‘green’ vessels, and Bourbon Horizon AS, an international offshore shipping company, have signed a Memorandum of Understanding (MoU) with Amogy, the provider of ammonia-to-power technology, for the supply of its techn
Texas-based energy company NextDecade has officially started the construction of Phase 1 of the 27 million tonnes per annum (mtpa) Rio Grande LNG export facility in Brownsville. To mark the official kick-off, the groundbreaking ceremony was held on October 3, 2023, in the presence of the project’s p
A consortium – comprising Qatar’s QatarEnergy, the UK’s BP, and Italy’s Eni – has been awarded a new exploration block offshore Egypt.
Offshore drilling contractor Borr Drilling has provided a contracting and activity update for five rigs in its fleet.
U.S. energy technology company Baker Hughes has received a letter of award from ADNOC Gas, for and on behalf of Abu Dhabi National Oil Company (ADNOC), to provide two electric liquefaction (e-LNG) systems for the Ruwais LNG project in the United Arab Emirates (UAE). Baker Hughes said the LNG trains
U.S. energy major ExxonMobil has chosen compatriot investment company BlackRock as the potential buyer for its majority stake in Italy’s Adriatic liquefied natural gas (LNG) import terminal, according to Reuters. Reportedly, the stake sale drew interest from infrastructure funds and international gr
Diamond Offshore’s semi-submersible rig has started its first assignment with Repsol in the UK sector of the North Sea.
Commodities trading group Trafigura has entered into two revolving credit facilities for a total combined amount of $400 million, with insurance from the Export-Import Bank of the United States (US EXIM), to supply European customers with LNG. The company said the facilities will exclusively be used
Petrofac has been awarded a three-year contract extension in support of Repsol Sinopec Resources UK’s North Sea operations.
African Energy Chamber (AEC), an energy advocacy group, has released its new quarterly market-focused report, providing outlook and key insight into the continent’s LNG trends and showing that the African gas sector’s center of gravity is undergoing a geographical shift. Over the last few years, the
Solstad Offshore has secured contract extensions with Equinor, Subsea 7, and DeepOcean for one of its AHTS vessels and two CSVs.
TotalEnergies has hired Denmark’s Semco Maritime for a gas lift project on an unmanned wellhead platform in the Danish part of the North Sea.
OKEA has brought on stream its first operated development project as a subsea tie-back to an existing platform in the Norwegian Sea.
Despite the growing opposition to fossil fuels, natural gas, primarily LNG, is still the top contender for the transition fuel, which will bridge the gap towards the sought-after low-carbon and green energy future.
