T7 Global has unveiled its new mobile offshore production unit (MOPU) at a grand naming ceremony held at the grounds of China State Shipbuilding Corporation Beihai Shipyard in Qing Dao, China.
The NGO Shipbreaking Platform is calling for the extension of the EU Ship Recycling Regulation to include ownership in addition to the flag, after releasing the latest figures on global shipbreaking practices for 2023. The data from the platform shows that out of the 446 ocean-going commercial ships
South Korean shipbuilder HD Hyundai Heavy Industries is working together with Seoul National University to develop eco-friendly ship technology through the advancement of sloshing technology in ship cargo holds.
Seadrill has disclosed a new contract award and extension, totaling approximately $97.5 million in value, for two drillships.
Qatar’s LNG heavyweight QatarEnergy and U.S.-based LNG importer Excelerate Energy have signed a long-term agreement for the supply of LNG from Qatar to Bangladesh. This sale and purchase agreement (SPA) will see Excelerate buy up to 1 million tons per annum (mtpa) of LNG from QatarEnergy to be deliv
Baron Oil has inked an agreement for the transfer of a partial stake in a gas field offshore Timor-Leste to Timor Gap.
Japanese companies Tokyo Gas and Kyuden, along with Vietnam’s Truong Tan Vietnam Group, have established the Thai Binh LNG Power joint venture (TBLP) to work on an LNG-to-power project in Thai Binh Province, Vietnam. The venture will develop, construct and operate a floating LNG import terminal and
Malaysia has awarded PSCs for six exploration blocks and one discovered resource opportunities (DRO) cluster in MBR 2023.
Modules, made by Norway’s Aibel, for a floating, production, storage, and offloading (FPSO) vessel are on their way to Singapore.
Malaysian company Semarak Renewable Energy (RE) and China Hydropower (Malaysia), a subsidiary of PowerChina, have signed an agreement to develop Malaysia’s first large-scale green hydrogen production project using floating photovoltaic power generation. The agreement is worth a total of MYR1.88 bill
In a disheartening revelation, the International Transport Workers Federation (ITF) has unveiled alarming statistics regarding the abandonment of vessels in 2023. The figures reflect a worrying increase compared to the previous year, signifying an unsettling trend that demands urgent attention from
South Korean shipping major HMM has taken delivery of the first of twelve new LNG-ready 13,000 containerships.
