JGC Corporation, in partnership with Technip Energies, has secured a contract with UTM FLNG Limited for the front-end engineering and design (FEED) of the floating liquified natural gas (FLNG) facility project in Nigeria. Last year, UTM Offshore, the parent company of UTM FLNG, awarded the contract
BIMCO, the world’s largest international shipping association, has adopted a CII Operations Clause for Time Charter Parties which aims to help the industry implement new carbon intensity requirements from the International Maritime Organization (IMO). The regulations on the carbon intensity of inter
BW Energy is setting the wheels into motion to drill the first well in its drilling programme for an oil development project off Gabon.
Conenergy, a Germany-based investor in the European energy industry, has joined the Xlinks Morocco-UK Power Project with a multi-million-pound investment. Xlinks and Conenergy have entered into a financial and strategic partnership to collaborate on the link that will offer an exclusive supply of re
The Suez Canal Container Terminal (SCCT), majority owned and operated by Maersk’s APM Terminals, has signed a concession agreement with the Suez Canal Economic Zone (SCZONE) for the expansion of the terminal. The $500 million agreement purports “financing, design, construction, management, and opera
Saipem has secured multiple new drilling deals in the Middle East and West Africa, which are worth approximately $800 million.
The European Union (EU) and Egypt have taken a step further to bolster their cooperation on the clean energy transition by establishing a strategic partnership on renewable hydrogen. The EU and Egypt signed a bilateral memorandum of understanding (MoU) on a strategic partnership on renewable hydroge
The crew onboard Jan De Nul’s offshore installation vessel Simon Stevin has rescued 15 refugees off the coast of Algeria that had been drifting for several days in the Mediterranean Sea. The crew noticed a sloop with eight men, two women and five children on the evening of 10 November during a sea j
London-headquartered oil and gas company Tullow Oil is planning to drill four new wells at a field located offshore Ghana, which are expected to be brought on stream in 2023. Tullow Oil announced it is planning to drill two new production wells at Jubilee South East before the end of the year, and a
Algerian state energy firm Sonatrach and China’s Sinopec have signed a Memorandum of Understanding (MoU) to consolidate their existing relations and expand cooperation by seeking new partnership opportunities. Guo Yueliang, Chairman of Sinopec International Energy Investment Limited, and Sonatrach’s
Africa has the potential to capture as much as 10% of the global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as $120 billion to the continent’s gross domestic product (GDP), according to a new report by Abu Dhabi’s renewable energy company Masdar. The landmark
Egyptian President Abdel-Fattah El-Sisi is calling for an acceleration of efforts to turn the Suez Canal Economic Zone into a clean energy and green fuels production hub. In a meeting with government officials held to discuss ongoing projects in the SCZone, President El-Sisi gave directives to focus
