Surging oil, gas and power prices together with the EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.
Finland’s ministries support the leasing of a floating LNG terminal together with Estonia to become independent from Russian gas.
A 1,036 TEU containership has reduced its greenhouse gas (GHG) emissions by 27% by operating on a blend of climate-neutral, synthetic natural gas (SNG) and conventional liquefied natural gas (LNG), compared to LNG alone.
Italian offshore contractor Saipem has been awarded a $150 million maintenance contract for Eni’s Coral Sul FLNG offshore Mozambique.
After confirming rig mobilisation date, Western Gas has set all the wheels in motion to drill the Sasanof-1 well on the North West Shelf.
LNG shipper Golar has sold a part of its shares in gas-to-power developer New Fortress Energy (NFE) to invest in FLNG projects.
A cross-boundary project involving science and industry experts has landed €3.4 million ($3.7 million) from an EU climate action fund to accelerate the uptake of ship-based carbon capture (SBCC) by international shipping companies.
GTT and Deltamarin have been awarded an approval in principle from the Norwegian classification society DNV for a new LNG-fueled PCTC design.
DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.
DGPS, a subsidiary of Osaka Gas, has been awarded front FEED contract for the expansion project of Taichung LNG receiving terminal in Taiwan.
IEEFA says that the Ukrainian crisis impacts on energy markets may stop emerging markets in Asia from securing imported LNG supplies.
Chinese shipyard Jiangnan has ordered tank design for two large LNG carriers (LNGCs) from the French LNG containment specialist GTT.
Woodside has received key approvals for the execution of its operated Scarborough project located offshore Western Australia.
Santos has made an important step on the path towards a final investment decision on the Dorado project located offshore Australia.
