Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays.
APM Terminals, an independent entity of Danish shipping giant A. P. Moller – Maersk, and Vietnam’s Hateco Group have celebrated the grand opening of the new terminal in Haiphong, Vietnam.
Borr Drilling has secured a batch of assignments for three jack-up rigs and shed more light on the contracting developments and movements across the rest of its jack-up fleet.
Japan’s Eneos Drilling, a wholly owned subsidiary of Eneos Xplora, has entered into a contract with Japan Vietnam Petroleum Company (JVPC) to supply a jack-up rig from its fleet for a drilling assignment offshore Vietnam.
According to Intermodal, it is expected that the LNG bunkering market is poised for substantial expansion in the coming years,
Belgian NGO Shipbreaking Platform has called on the European Commission to take measures that will end the “dumping” of toxic ships and boost capacity for sustainable ship recycling.
South Korean shipping company HMM has taken delivery of HMM Green, its first new 9,000 TEU methanol-powered containership.
AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has handed over a field development plan (FDP) for hydrocarbon discoveries off the coast of Vietnam, Southeast Asia.
MOL Energia, a subsidiary of MOL, has signed a long-term charter contract with SCG Chemicals for another two very large ethane carriers (VLECs).
PV Gas, a subsidiary of Vietnam Oil and Gas Group (Petrovietnam) has signed agreements with two Texas-based energy majors, Excelerate Energy and ConocoPhillips, to cooperate on sourcing LNG from the United States.
South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) has embarked on a project to demonstrate how to recycle evaporated gas emitted into the atmosphere during the construction of liquefied natural gas-powered ships into city gas.
PetroVietnam Gas Corporation (PV Gas) has offered what it says are stable and sustainable gas source solutions for power generation in Vietnam in the next five years, including an addition of a floating storage and regasification unit (FSRU) to the country’s liquefied national gas (LNG) terminal.
