PV Power, a subsidiary of Vietnam Oil and Gas Group (PetroVietnam), has carried out the initial firing of the country’s first liquefied natural gas (LNG) power plant, achieving what it says is a milestone on the road to putting the project into commercial operation.
The International Maritime Organization (IMO)—the world’s shipping regulator— prepares to address a range of pressing issues in 2025, with the top three being dark fleet, decarbonization and geopolitical pressures.
Gulf LNG, a subsidiary of Thailand’s Gulf Energy Development, has received its first liquefied natural gas (LNG) cargo.
Product tanker newbuild deliveries are expected to reach 12 million deadweight tonnes (dwt) in 2025, with deliveries set to jump 256% compared to the 3.4 million dwt delivered in 2024, shipping association BIMCO revealed.
The batch of new projects, which are expected to reach the EPC stage this year, is anticipated to lead to awards worth billions of dollars for jobs related to associated subsea equipment, offshore platforms, floating production units, and liquefied natural gas (LNG) equipment and facilities, based o
A subsidiary of Houston-based oil and gas company Murphy Oil has drilled an exploration well and found oil in a block situated in the Cuu Long Basin offshore Vietnam.
Norway-based TMC Compressors has been hired by South Korea’s Samsung Heavy Industries (SHI) to supply marine compressed air systems for a set of liquefied natural gas (LNG) carriers the latter is building for an undisclosed national energy company.
The global containership order book hit a new record in 2024 as the sector prepares to replace aging ships that are not compliant with new environmental regulations. On the other hand, the scrapping volumes are steadily declining, falling in the last three years well below average figures.
Tanjung Offshore Services, a subsidiary of Malaysia’s T7 Global, has won a contract with Hibiscus Oil & Gas Malaysia, an affiliate of Malaysia’s Hibiscus Petroleum, for the provision of maintenance, construction, and modification (MCM) services at a block within the overlapping territorial waters be
South Korea-based cable manufacturer LS Cable & System has completed the construction of Korea’s first land-Jeju voltage-type high-voltage direct current (HVDC) transmission system, establishing an undersea power link between Wando, Jeollanam-do, and Jeju Island. Spanning approximately 90 kilometers
Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation.
French shipping giant CMA CGM has taken delivery of the final vessel in a series of ten LNG-powered 2000-TEU ships, built by the Hyundai Mipo shipyard in Ulsan, South Korea.
