The Maritime Union of Australia (MUA) is urging the Australian government for a major shakeup of government policy and regulation of the dismantling, processing, recycling and disposal of offshore oil and gas infrastructure. MUA, alongside Macquarie University’s Centre for Energy and Natural Resourc
South Korean shipbuilder Hyundai Samho Heavy Industries has started the construction of a 2-stroke LNG carrier for Cool Company (CoolCo). According to CoolCo’s brief social media update, the steel cutting ceremony for the LNG carrier was held on October 10, 2023. The vessel named Kool Panther is one
The final investment decision (FID) has been made for the Porthos CO2 storage project – the first such project in the Netherlands, allowing construction to start next year. Porthos, a joint venture of EBN, Gasunie, and the Port of Rotterdam Authority, will provide transport and storage services to s
Texas-based LNG company Excelerate Energy has signed a ten-year contract with Brazilian state-owned oil and gas giant Petrobras to charter the floating storage and regasification unit (FSRU) Sequoia. Under the agreement, which will commence on January 1, 2024, Excelerate will continue to deploy the
APM Terminals Suape, part of Maersk’s port logistics arm APM Terminals, has received approval from Brazil’s National Waterway Transport Agency to change its cargo profile, enabling the terminal to operate containerized cargo and expand the area to be used by the terminal. APM Terminals Suape will op
Methanol producer and supplier Proman has signed a memorandum of understanding (MoU) with Japan’s Mitsubishi Corporation to examine building a low-carbon ammonia facility in Lake Charles, Louisiana. According to Proman, the proposed plant would produce approximately 1.2 million tons per year of clea
Eni and the UK Government’s Department of Energy Security and Net Zero (DESNZ) have reached an agreement in principle on the key terms and conditions for the economic, regulatory, and governance model for the transportation and storage of CO2 at the HyNet North West industrial CCS cluster. Principle
UK well decommissioning company Well-Safe Solutions is targeting carbon capture, usage and storage (CCUS) projects with the appointment of the company’s first energy transition manager. Well-Safe announced on 17 October that it is adding CCUS as well as geothermal project capabilities to its offerin
Italian cabling giant Prysmian has completed the manufacturing of cables for the submarine power interconnection between Egypt and Saudi Arabia – the first-ever large-scale link between the Middle East and North Africa. Prysmian secured the contract worth about €221 million with the Egyptian Electri
Brazilian state-owned oil and gas giant Petrobras has awarded compatriot offshore oil and gas services provider Ocyan with a contract to carry out the revitalization of a network of gas pipelines in the Campos Basin. The contract, valued at approximately $317.49 million, is expected to last four and
The Mission Possible Partnership (MPP), RMI, Systemiq, Power2X, and industry leaders have formed a coalition to enable an inaugural shipment of clean hydrogen from the United States to Europe by 2026. The Transatlantic Clean Hydrogen Trade Coalition (H2TC) will connect U.S. fuel producers to heavy-i
MAN Energy Solutions (MAN ES) has secured an order from VARD to deliver high-speed 175D GenSets for a new cable-laying vessel (CLV) that is being built for Danish subsea specialist NCT Offshore. VARD signed a contract with NCT Offshore for the design and construction of the 95-meter-long CLV in earl
Seismic signals have been recorded in the vicinity of the Balticconnector gas pipeline between Finland and Estonia, indicating a possible explosion had occurred around the time an unusual drop in pressure was observed. To remind, Balticconnector was shut down at midnight on October 8 after Finnish a
Project developer Green Energy Park (GEP) has revealed plans to build a renewable ammonia facility in Piauí, Brazil, for exports to the proposed import terminal on the island of Krk, Croatia. To this end, GEP signed a letter of intent (LO) with The State of Piauí, Brazil, for the production and expo
