TotalEnergies has set the wheels in motion to divest its affiliate in Brunei to Hibiscus Petroleum, enabling the latter to take over an offshore asset.
Valeura Energy has wrapped up the acquisition of a floating storage and offloading (FSO) vessel, which is deployed at one of its fields in the Gulf of Thailand.
The number of LNG newbuilding values is perceived to be at a record high with twice as many newbuild orders in 2024 as there were last year.
One often overlooked contributor to a ship’s fuel efficiency and total emissions is the impact of biofouling.
ASEAN countries have the opportunity to cut their decarbonization costs by $800 billion by pursuing regional collaboration for projects entailing power interconnectors, hydrogen networks, and energy storage infrastructure.
Equinor has highlighted that the speed and scale of the energy transition have to increase to reach the 1.5-degree ambition by 2050.
Singapore’s Energy Market Authority (EMA) and Korea Gas Corporation (KOGAS) have inked an MoU to boost cooperation in LNG-related matters.
South Korean Taihan Cable & Solution has opened the first phase of its submarine cable plant that will supply the offshore wind industry. The submarine cable plant, covering around 44,800 m2 behind Godae Pier at Pyeongtaek’s Dangjin Port, is being constructed in two phases. The first phase, which fo
Following an FID, PVN has penned multiple agreements with its partners to proceed with an integrated development project offshore Vietnam.
Maritime stakeholders are turning their attention to developing countries to support a just energy transition and bridge the existing gap.
Classification society ABS and representatives from an HD Hyundai Heavy Industries (HHI) consortium have signed a joint development agreement (JDP) that paves the way for the onboard manufacture of repair parts.
Report: Over 60 international banks have been keeping the fossil fuel players in business by footing the bill for their further expansion rather than cutting off the purse strings.
