A consortium of South Korea’s SK Innovation, PetroVietnam Power Corporation (PV Power), a subsidiary of Vietnam’s state-run PetroVietnam group, and Vietnamese company NASU has been selected as the project developer for Vietnam’s largest LNG power project. Valued at approximately $2.3 billion, the Qu
Two American defense companies have entered into a strategic agreement to build a high-tech “wall of steel” in the Gulf of America to support oil & gas and commercial shipping operations. The partnership between South Carolina-headquartered marine autonomy specialist Janus Marine & Defense and New M
The UK’s first commercially ready bio-methanol storage and supply service for shipping has been launched at the Port of Immingham, the largest port by cargo volume in the UK, as part of efforts to advance decarbonization in maritime transport. The three-partite partnership of Exolum, Methanex Corpor
Four European port and infrastructure players have partnered up to study the potential of carbon capture and storage (CCS) shipping corridors between Northern Europe and the UK, as well as share experience and understanding for the “new but crucial energy transition area”. Two memorandums of underst
Government officials from Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway and the UK are set to sign a declaration confirming the ambition to build 300 GW of offshore wind in the North Seas by 2050, and an investment pact with the offshore wind industry and transmissi
ABB has secured contracts with Rotterdam Shore Power (RSP), a joint venture of Port of Rotterdam and Eneco, to engineer and construct shore power systems comprising multiple installations for the Port of Rotterdam. Based on the total capacity of over 100 megavolt-amperes (MVA), the combined shore po
As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks
Galveston LNG Bunker Port (GLBP), a Texas-based developer of what is said to be the first U.S. Gulf Coast dedicated LNG bunkering facility, has signed a commercial commitment with an international shipping company for the provision of LNG bunker fuel in Galveston Bay. The Heads of Agreement with the
Given the growing zest for specific routes where vessels employ low-emission propulsion, a new study has assessed the technical and commercial feasibility of introducing a green shipping corridor between Newcastle and Amsterdam.
Swedish ferry company Stena Line has named Stena Futura, its new methanol-ready hybrid freight ferry, at Belfast Harbour, Northern Ireland’s maritime hub.
As part of a brand-new environmental strategy, starting from 2026, vessels that sail emission-free in and out of the Norwegian Port of Oslo are to be exempt from quay fees while plugged into shore power. Officials from the Port of Oslo have explained that those ships that are sailing in an eco-frien
A construction contract for a hybrid floating dock at the Iskra Shipyard in the Croatian town of Šibenik has been signed under what is claimed to be the “largest investment plan” for the sector in the region. As disclosed, the €30 million (around $34.5 million) agreement regarding the building of th
The Dutch container terminal operator APM Terminals, a part of Denmark’s shipping giant A.P. Moller – Maersk, has signed a concession agreement valued at $550 million with the Bangladeshi Chittagong Port Authority (CPA), aiming to deepen the South Asian nation’s infrastructural development and susta
France’s wave energy developer Seaturns has started phase II of its full-scale trials in the Gironde estuary, Région Nouvelle-Aquitaine. The site was chosen for its technical and maritime conditions, which the company said are “ideal for validating our demonstrator.” According to Seaturns, Région No
