Search results for: hai long 2

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  • KCA Deutag in charge of electrification project enabling Equinor to get its first onshore powered rig

    21 November 2023
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Project & Tenders, Transition

    KCA Deutag’s Kenera business unit has been hired for a rig electrification project by Norway’s state-owned energy giant Equinor.

  • New FLNG sets sail from Seatrium shipyard towards BP’s giant gas project

    20 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    BP is two months away from welcoming the arrival of an FLNG destined for its LNG project off the coasts of Mauritania and Senegal.

  • Op-ed: Hormuz blockage – A potential win for the LNG market?

    24 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Safety, Transition, Vessels

    A conflict-turned opportunity is what many are calling the potential blockage of Hormuz. It is a delicate dance between investor opportunity and world crisis for the second time in two years.

  • DNV, SHI to establish center for autonomous ship project

    27 October 2023
    Business Developments & Projects, Collaboration, Project & Tenders, Vessels

    South Korean shipbuilder Samsung Heavy Industries (SHI) and classification society DNV have inked a Memorandum of Understanding (MOU) committing to establish a remote operation center (ROC) for real-time monitoring and control of maritime autonomous surface ships (MASS).

  • Siem’s well intervention duo gets improved day rates with Helix

    24 November 2023
    Business & Finance, Business Developments & Projects, Vessels

    Norwegian shipping company Siem Offshore has signed a letter of intent (LOI) with Helix Energy Solutions for two well intervention vessels. Siem Offshore reported it had signed an LOI with Helix Energy Solutions for a possible long-term extension of charter contracts for Siem Helix 1 and Siem Helix 2. The Norwegian company noted that the […]

  • US player’s natural gas storage arsenal fortified with additional Gulf Coast assets

    15 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Williams has enriched its natural gas storage capabilities by putting the finishing touches on an acquisition of six Gulf Coast assets.

  • Jadestone expands its stake in Australian offshore oil-producing fields

    14 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Jadestone Energy has set the wheels into motion to get additional interest in a project, encompassing oil-producing fields off Australia.

  • OX2 and SMHI to study Baltic Sea oxygenation through hydrogen production

    15 February 2024
    Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Regulation & Policy, Research & Development, Technology

    OX2 and the Swedish Meteorological and Hydrological Institute (SMHI) have teamed up to examine how by-product from the hydrogen production at OX2’s two offshore energy parks can oxygenate the Baltic Sea. SMHI, together with OX2, has been approved research grant from the Swedish Environmental Protection Agency and the Swedish Agency for Marine and Water Management […]

  • SFL to purchase three eco-friendly product tankers for $230 million

    20 March 2024
    Vessels

    Bermuda-based ship owner and charterer SFL Corporation has decided to acquire three new LR2 product tankers for a purchase price of approximately $230 million.

  • HMM improves CDP ranking thanks to sustainability initiatives

    21 February 2024
    Certification & Classification, Environment, Regulation & Policy

    South Korean shipping company HMM has been recognized for its sustainable practices and corporate transparency on climate change by the international environmental non-profit CDP, securing an ‘A-’ score.

  • Factory acceptance testing wraps up for Norwegian long-range AUV

    24 April 2024
    Business & Finance, Business Developments & Projects, Innovation, Project & Tenders, Technology

    Norway’s Kongsberg Discovery has completed factory acceptance testing for the first production system of its long-range autonomous underwater vehicle (AUV) HUGIN Endurance. Sea trials for the first production unit began in September 2023, and over the last months, the Kongsberg Discovery Uncrewed Platforms team has put HUGIN Endurance through its paces, verifying and refining all […]

  • Sempra breaks ground on Port Arthur LNG

    18 March 2024
    Business Developments & Projects, Infrastructure, Project & Tenders, Research & Development

    Sempra Infrastructure has hosted a groundbreaking ceremony for Port Arthur LNG in Jefferson County, Texas.

  • K Line pens charter deal for 3rd LCO2 carrier

    6 February 2024
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Japanese shipping heavyweight Kawasaki Kisen Kaisha (K Line) has signed bare boat charter and time charter contracts with Northern Lights JV DA for the management of the third CO2 ship. K Line has already signed contracts for managing the first two 7,500 m3 liquefied CO2 ships scheduled for delivery later this year. In total, Northern […]

  • PTTEP scores hat-trick offshore Malaysia as three new oil & gas discoveries put cluster development on the table

    8 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    PTTEP has hit a trifecta of oil and gas discoveries offshore Malaysia, which support a cluster development approach.

  • Germany grants €3.5 billion for green hydrogen import program

    14 February 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy, Transition

    Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK) has allocated €3.53 billion for the country’s hydrogen importing mechanism, H2Global Foundation, to fund future auctions for renewable hydrogen and its derivatives. On February 12, H2Global issued a statement saying that BMWK had provided its subsidiary HINT.CO with a grant notification for €3.53 billion. Within […]

  • Wärtsilä ammonia fuel system picked for EXMAR’s new gas carriers

    8 February 2024
    Business Developments & Projects, Infrastructure, Technology, Vessels

    Wärtsilä Gas Solutions, part of Finnish technology group Wärtsilä, has been contracted to deliver the fuel supply system for two new gas carriers that will operate with ammonia fuel.

  • Babcock to provide LPG and ammonia fuel supply systems to Chinese shipyards

    6 February 2024
    Equipment, Technology

    Babcock’s LGE business has won contracts to provide its liquefied petroleum gas (LPG) and ammonia cargo handling and fuel gas supply systems to Chinese shipyards.

  • Report: Production starts at Russia’s Arctic LNG 2 despite US sanctions

    3 January 2024
    Authorities & Government, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development

    Russia’s liquefied natural gas (LNG) producer Novatek has begun production at its Arctic LNG 2 project despite U.S. sanctions, media company Bloomberg reported. According to Bloomberg, Russia’s Deputy Prime Minister Alexander Novak said in an interview with the state-run Rossiya 24 TV channel that the first train of the Novatek-led Arctic LNG 2 project “has […]

  • Dolphin Drilling mulling over proposed payment plan for rig job in Nigeria

    9 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Dolphin Drilling is pondering over a proposed payment plan, which has been received from General Hydrocarbons Limited (GHL) for the work one of its semi-submersible rigs is undertaking in Nigeria. 

  • Yara to receive green ammonia from Oman under new deal with ACME

    4 March 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    Norwegian ammonia trade and shipping company Yara and Indian renewable energy company ACME have signed a long-term firm and binding agreement for the supply of ammonia produced in Oman with reduced CO2 emissions. According to Yara, the agreement is the result of 18-month negotiations during which the regulatory framework and certification regime have evolved and […]

  • LNG-powered CMA CGM Belem launched in China

    31 January 2024
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Chinese shipbuilder Hudong-Zhonghua has launched a newbuild 13,000 TEU LNG dual-fuel containership for French shipping giant CMA CGM. The ship named CMA CGM Belem was launched four days ahead of schedule on January 29, 2024, at the Changxing Shipbuilding Base. LNG-powered CMA CGM Belem has a total length of 336 meters and a width of […]

  • Newbuild LNG carrier joins Capital Gas’ fleet

    7 November 2023
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Capital Gas Ship Management has taken delivery of the newbuild LNG carrier constructed by South Korean shipbuilder Hyundai Heavy Industries. Capital Gas announced the delivery of the vessel named Amore Mio I via social media on November 7, 2023. The LNG carrier has a cargo capacity of 174,000 cubic meters and is propelled with MAN […]

  • H2Global and JOGMEC initiate clean hydrogen cooperation

    13 February 2024
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Regulation & Policy, Technology, Transition

    Hamburg-based H2Global, a foundation dedicated to accelerating the emergence of markets for clean hydrogen and other low-emissions technologies, and the Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of understanding (MoU) to cooperate in the field of clean hydrogen. The MoU was signed by Ichiro Takahara, Chairman & CEO of JOGMEC, […]

  • James Fisher linked to order for up to 4 dual-fuel LNG tankers in China

    25 October 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    UK-based maritime service provider James Fisher has reportedly placed an order for up to four dual-fuel liquefied natural gas (LNG) tankers. The contract includes two firm orders plus options for two additional ships. The vessels will be constructed at China Merchants Jinling Shipyard (Yangzhou), China, according to the reports from Intermodal shipbrokers. They will boast a capacity […]

  • The ripple effect: How geopolitics and disruptions in key trade routes impact shipping’s decarbonization

    23 February 2024
    Infrastructure, Market Outlooks, Outlook & Strategy, Transition, Vessels

    Disruptions in two major global maritime trade waterways seem to have diminished efforts to accelerate decarbonization of the shipping industry.