Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e
Aberdeen-based New European Offshore (NEO Energy) has reshuffled its leadership team, appointing a new Chief Executive Officer (CEO) and Chief Operating Officer (COO) while restructuring its Board. The company named Andy McIntosh as the new CEO and Craig McKenzie as COO, both internal promotions.
After having reviewed its current listing structure, Australian energy giant Woodside Energy has decided to delist from the London Stock Exchange (LSE), a move set to reduce the company’s administration costs. Woodside, noting that its trading volumes on the LSE are low, has applied to the UK Financ
Cepsa and Sonatrach have signed an MoU to jointly carry out a feasibility study for the development of an integrated project for green hydrogen production and derivatives in Algeria, mainly aimed at supplying the European market.
Japan Organization for Metals and Energy Security (JOGMEC) has signed a consignment contract with four local companies for engineering design work related to a carbon capture and storage (CCS) project. The agreement was signed with ENEOS Corporation, JX Nippon Oil & Gas Exploration Corporation, Ele
ADNOC has completed the acquisition of OCI Global’s 50% + 1 shareholding in the seaborne exporter of ammonia Fertiglobe.
The maritime industry is inching closer to achieving a sustainable transition to zero-carbon fuels, thanks to improvements in ship readiness and fuel handling technologies, as detailed in Lloyd’s Register’s (LR) Maritime Decarbonization Hub’s latest Zero Carbon Fuel Monitor (ZCFM) report. Report ove
Singapore-based shipping company Ocean Network Express (ONE) has made significant progress in implementing its green strategy as it achieved a 62% reduction in Scope 1 emissions intensity in FY2023, compared to a 2008 baseline.
Gulf Marine Services (GMS), a UAE-headquartred provider of self-propelled and self-elevating support vessels for the offshore energy sector, has raised its backlog to $505 million thanks to a new contract in Europe and the extension of two existing ones in the Middle East. GMS reported on October 10
France’s technological containment specialist Gaztransport & Technigaz (GTT) has received respective orders from Korean and Chinese shipyards for tank designs for a total of four new liquefied natural gas (LNG) carriers. In the third quarter of this year, GTT secured an order from its partner Korean
In an effort to decarbonize and digitalize maritime operations, the Maritime and Port Authority of Singapore (MPA) has issued an expression of interest (EOI) for design and development proposals for its electric patrol craft.
Italian energy giant Eni has published the 23rd edition of its global energy statistical review, the World Energy Review (WER). In line with the trends registered over the past few decades, the report identifies a stable growth in global primary energy consumption, with fossil fuels making up four-f
Germany’s VNG, Algeria’s Sonatrach and Sonelgaz, Italy’s Snam and SeaCorridor, and Austria’s Verbund have signed a memorandum of understanding (MoU) to jointly examine the feasibility of a project for large-scale hydrogen production in Algeria and its export via planned SoutH2 Corridor to Italy, Aus
A geophysical and geotechnical survey are about to begin on a gas project being developed by Shell that is set to export gas from a field in Venezuela to the UK energy giant’s platform off Trinidad and Tobago, marking the start of preliminary work on the project. Chartered by Geohidra, a Venezuelan
