The future of low-carbon hydrogen hinges on global policymakers introducing regulations and subsidies that focus on the carbon intensity of the hydrogen produced rather than its color, according to Wood Mackenzie’s (WoodMac’s) Horizons report ‘Over the rainbow: Why understanding full value-chain car
The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the
Valeura Energy has confirmed that a new mobile offshore production unit (MOPU) is on its way to the Gulf of Thailand.
This is an overview of some of the moves made over the week, so come away with us on a journey of the fossil energy market’s latest developments.
Borr Drilling has managed to extend existing and secure new assignments for three premium jack-up rigs in its fleet.
The duo is combining forces for participation in worldwide tendering activity, which entails EPC projects in the oil and gas arena.
Maritime equipment manufacturer Straatman has secured a contract to supply a ship-to-shore link system for Petronas’ third floating LNG project, or ZFLNG, offshore Sabah in Malaysia. As part of its partnership with Samsung Heavy Industries, an EPCC contractor in the project, Straatman will supply it
UK-headquartered Baron Oil has wrapped up the sale of a partial interest in a gas field offshore Timor-Leste to Timor Gap.
Qatar’s state-owned energy giant QatarEnergy has signed a 20-year sale and purchase agreement (SPA) with India’s Petronet LNG for the supply of 7.5 million tons per annum (mtpa) of LNG to the Republic of India. The contracted LNG volumes from Qatar will be delivered ex-ship to terminals across India
Baker Hughes’ rig count report shows that more than one rig joined the working international offshore fleet in January 2024.
Following a major step to create a regulatory framework for the full decarbonization of the maritime industry with the adoption of a revised Greenhouse Gas (GHG) strategy in July last year and alignment with the objectives of the Pairs Agreement on curbing global warming, the International Maritime
PTTEP has inked a memorandum of understanding (MoU) with Mahidol University, which will enable it to bolster CCS technology in Thailand.
