While the implementation of ammonia as a marine fuel is expected to be technologically feasible as early as 2025-2026, its toxic nature requires the maritime industry to develop new approaches to safety. However, the majority of maritime community members are willing to sail on or work with ammonia-
Nigeria’s oil and gas company Seplat Energy has received approval from the country’s Minister of Petroleum Resources to move forward with the acquisition of Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of U.S. energy giant ExxonMobil.
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE), in collaboration with ship designer Robert Allan, has received approval in principle (AiP) from classification society ABS for an escort tug with methanol dual-fuel (DF) hybrid propulsion system. The AiP certific
have enriched their portfolios with a small field asset production sharing contract (SFA PSC) for a block that contains 12 gas discoveries off the coast of Sarawak, Malaysia.
ABS has completed a safety evaluation of ammonia dispersion on board an ammonia-fueled gas turbine LNG carrier design from Hanwha Ocean.
Saipem has welcomed the lifting of restrictions on new contracts in Brazil, after being banned from striking deals with the country’s public administration earlier this year.
Japan’s classification society Nippon Kaiji Kyokai (ClassNK) has granted the ‘first-ever’ class notation for the use of green steel in a vessel to compatriot NYK Bulk & Projects Carriers’ bulk carrier Bright Queen, representing a ‘notable’ step toward the wider adoption of environmentally-friendly m
Eni Energy Bonaparte, an affiliate of Italy’s energy titan Eni, has submitted a revised environment plan for decommissioning operations at a field in the Bonaparte Basin in northern Western Australia to the Australian Commonwealth regulator, National Offshore Petroleum Safety and Environmental Manag
The alleged withdrawal of TGS from natural gas exploration in Victoria’s Otway Basin off the coast of Australia has been perceived as a blow to the state’s energy security as the gas supply dwindles. On the other hand, the launch of the U.S. Gulf Coast CO2 storage assessment package is described as
Norwegian state-owned energy giant Equinor has shared the safety results for the third quarter of 2024, noting an uptick in safety, paired with a slight increase in the total number of injuries towards the end of the quarter.
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
Italian oil and gas giant Eni has filed an official strategic lawsuit against public participation (SLAPP) against two non-governmental organizations (NGOs), Greenpeace Italy and ReCommon.
Japanese shipping company NYK has started operating its test engine facility to evaluate the safety of new fuels and shorten review time, aiming for practical use within a period of three months. NYK broke ground on the test facility in Chiba Prefecture at the beginning of the year and put it into o
Petrobras, Shell, and CNOOC have signed three concession contracts for three blocks in the Pelotas Basin acquired at the public session held by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) in December 2023.
