Search results for: GAZ-SYSTEM

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  • Interview with JDR: Spotlight on subsea cables’ starring role in oil & gas and renewable plays during transformation to greener energy mix

    28 May 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Technology, Transition

    Subsea cables are expected to remain at the heart of further energy transition moves, according to JDR Cable Systems.

  • ExxonMobil gets court’s blessing to forge ahead with lawsuit against climate activist investor

    23 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Transition

    ExxonMobil has received a green light from a federal judge to proceed with legal action against Arjuna Capital.

  • Strife over US LNG permit freeze: Win for environmentalists and loss for Big Oil but is there more to it?

    13 February 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    The Biden administration’s imposed pause on pending approvals of liquefied natural gas (LNG) exports is seen as a controversial move, which has brought the strife between Big Oil and climate campaigners to the fore.

  • OSG’s Alaskan fleet gears up for methanol-ready upgrade from MAN ES

    15 December 2023
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    U.S.-based tanker owner and operator Overseas Shipholding Group (OSG) has inked an engine upgrade program with German powerhouse MAN Energy Solutions for its Alaskan Class fleet. The upgrade program covers four vessels from the series including Alaskan Explorer, Alaskan Frontier, Alaskan Legend, and Alaskan Navigator, all approaching 20 years of age. The lifecycle engine upgrades aim to […]

  • Shell joins BP and numerous shipping giants in putting all Red Sea shipments on ice as vessel attacks escalate

    17 January 2024
    Business & Finance, Business Developments & Projects, Safety, Vessels

    Shell is the latest firm in a long line of companies, which decided to steer clear of the Red Sea shipping route in response to rising Houthi vessel attacks.

  • Acquisition of Norwegian company next move in DeepOcean’s effort to grow subsea offering

    11 January 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vision

    A couple of days after news about a charter of a converted, battery-powered vessel to boost its subsea offering, DeepOcean announced it was acquiring digital transformation company Btwn AS as part of its ambition to grow its offering within digitalization and automation of subsea operations. Btwn – pronounced “between” – is a digital transformation company […]

  • Provaris appoints DNV for hydrogen carrier FEED review

    8 January 2024
    Business Developments & Projects, Certification & Classification, Green Marine, Infrastructure, Regulation & Policy, Technology, Vessels

    Provaris Energy is advancing works on its proprietary H2Neo hydrogen carrier and hydrogen cargo containment system and has now engaged classification society DNV to issue a front-end engineering design (FEED) statement. Last summer, Provaris kicked off the program for the construction and testing of the hydrogen prototype tank in Norway, The company selected Prodtex AS to construct […]

  • Agreement signed for ‘world’s first’ biomass-fueled ship

    14 May 2024
    Business Developments & Projects, Collaboration, Research & Development, Vessels

    Japanese companies NYK Line, NYK Bulk & Projects Carriers (NBP), Tsuneishi Shipbuilding and British renewable energy business Drax Group have signed a new memorandum of understanding (MoU) to develop the ‘world’s first’ biomass-fueled ship (bioship) and the technology that could power it.

  • Stena Bulk pens partnership deal for IMOIIMAX tanker operations

    21 March 2024
    Collaboration, Vessels

    Swedish tanker shipping company Stena Bulk has entered into a new partnership with “a prominent Gulf Co-operation Council investment institution” in the operation of an undisclosed number of Stena Bulk’s existing IMOIIMAX tankers.

  • Japan to launch first ammonia-fueled ammonia gas carrier in 2026

    25 January 2024
    Authorities & Government, Business Developments & Projects, Infrastructure, Regulation & Policy, Vessels

    Four Japanese companies — Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems, and Nihon Shipyard — have signed a series of contracts to build the world’s first ammonia-fueled medium gas carrier (AFMGC) equipped with Japan-made engines.

  • Damen wins bid to build four hybrid electric vessels for BC Ferries

    17 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    The Netherlands-based shipbuilding powerhouse Damen Shipyards Group (Damen) is spearheading a major initiative to construct four new hybrid electric Island Class vessels for BC Ferries in Canada. Damen, the same shipyard that built BC Ferries’ previous six Island Class ferries, is set to construct the vessels in Romania. Their bid was chosen from several proposals […]

  • 27 shareholders heap more pressure on Shell to take ‘credible’ climate action

    16 January 2024
    Business & Finance, Business Developments & Projects, Transition

    Shell is facing additional pressure from 27 investors, who manage more than €3.9 trillion in assets, to pursue decarbonization with more vigor.

  • Norwegian shipyard to build the ‘world’s largest’ hydrogen-powered ships

    18 April 2024
    Infrastructure, Vessels

    Norwegian shipyard Myklebust Verft has been selected to build two hydrogen-powered ferries ordered by compatriot transport company Torghatten Nord. Once delivered, the newbuilds will be ‘the world’s largest’ hydrogen ships and will be bunkered with hydrogen produced in Bodø.

  • K Line, Tokyo Gas team up on liquefied CO2 marine transportation for CCS

    18 March 2024
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Research & Development

    Japanese shipping company Kawasaki Kisen Kaisha (K Line) has reached an agreement with compatriot gas supplier Tokyo Gas to work on a joint study of liquefied carbon dioxide (CO2) marine transportation to achieve carbon dioxide capture and storage (CCS).

  • CMA CGM welcomes 13,000 TEU LNG-powered CMA CGM Bahia

    8 December 2023
    Vessels

    Chinese shipbuilder Hudong-Zhonghua has delivered 13,000 TEU LNG-powered containership CMA CGM Bahia to French shipping giant CMA CGM Group.

  • Nova Scotia recycling facility clinches Hong Kong Convention certification

    4 January 2024
    Business Developments & Projects, Certification & Classification, Green Marine, Regulation & Policy, Rules & Regulation, Vessels

    Nova Scotia recycling facility R.J. MacIsaac Ltd. (RJMI) has won certification from Lloyd’s Register (LR) classification society according to the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention). It is the first Canadian facility to obtain a Statement of Compliance (SoC) to the convention, […]

  • ‘Largest’ oil export project in US waters greenlighted: Smooth sailing or more legal action on the horizon?

    26 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition

    A deepwater port license has been issued for a project that is said to be the largest oil export project in U.S. history.

  • New Times Shipbuilding launches LNG dual-fuel bulker for EPS

    21 May 2024
    Vessels

    Chinese shipbuilder New Times Shipbuilding has launched the liquefied natural gas (LNG) dual-fuel bulker for Singapore-based shipowner Eastern Pacific Shipping (EPS).

  • Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind

    25 April 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of contract awards last year, […]

  • Shell gets Dutch partner at one of UK’s three LNG terminals

    9 May 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Transition

    VTTI has put the wheels into motion to join Shell in Dragon LNG, the owner of a major onshore import terminal for the supply of LNG to the UK market.

  • COP28’s ‘historic package’: Writing on the wall that spells end of fossil fuel era or new opportunity for gas and LNG players?

    13 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Transition

    A deep dive into the outcome of COP28 climate talks, which some see as a climate win while other perceive it to be a backdoor for more gas and LNG projects.

  • Finnlines wraps up €500 million newbuilding program with delivery of 2nd hybrid Superstar RoPax

    12 December 2023
    Business Developments & Projects, Green Marine, Transition, Vessels

    Finnish shipping company Finnlines has taken delivery of Finncanopus, the second of two Superstar-series freight-passenger (ro-pax) vessels. The delivery ceremony was held today at the China Merchants Jinling Shipyard in Weihai, China. The homeward voyage from the shipyard is expected to take 6–7 weeks. Finncanopus will be nearly fully loaded with freight and will call several […]

  • Wison’s floating green methanol plant gets BV’s nod

    11 December 2023
    Certification & Classification, Infrastructure

    Classification society Bureau Veritas (BV) has issued Approval in Principle (AIP) to Chinese provider of clean energy technology service and solutions Wison Offshore & Marine (WOM) for its floating green methanol plant (FGMP) solutions.

  • QatarEnergy doles out $6 billion for 18 huge LNG vessels on historic fleet expansion mission

    30 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders, Vessels

    QatarEnergy is bolstering its giant liquefied natural gas (LNG) fleet expansion with a $6 billion deal for 18 ultra-modern QC-Max size LNG vessels.

  • Red Sea crisis escalation: US-UK airstrikes, Houthis’ vessel attacks, spike in oil prices, and tanker trade slowdown

    14 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Market Outlooks, Safety, Vessels

    Recent events in the Red Sea have added fuel to the growing fears about the possibility of a wider conflict breaking out across the Middle East, prompting further concerns over oil flows, supply chains, and energy prices in the region and beyond.