The heightened focus on energy security and the rising cost of energy is reinforcing the difference in decarbonization speed between Europe and the rest of the world, according to the sixth edition of DNV’s Energy Transition Outlook.
Petronas has signed a PSC with TotalEnergies, Petronas Carigali, Sabah Shell Petroleum Company (SSPC), and Shell Sabah Selatan.
Vietnam’s Ministry of Natural Resources and Environment (MONRE) has proposed to suspend processing offshore wind survey applications until existing regulatory and technical issues are solved. The proposal comes shortly after the Ministry recommended an overhaul of its administrative system, includin
Malaysia Marine and Heavy Engineering (MMHE) has secured a contract to build a platform for a Shell-operated gas project offshore Malaysia.
Classification society ABS has awarded approval in principle (AIP) to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) for its hybrid power system, a configuration previously limited to smaller vessels in the maritime marketplace, to aid large liquified natural gas (LNG) carr
Classification society Bureau Veritas (BV) has delivered an approval in principle (AiP) to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) for its design and development of an 86,000 cbm ammonia (NH3) carrier with ammonia propulsion.
Yinson has entered into a $720 million syndicated loan facility for an FPSO being built to operate for Petrobras in waters offshore Brazil.
PTTEP has picked Technip Energies to perform the FEED work on an onshore gas plant associated with carbon capture in Malaysia.
Valeura Energy has agreed with Petrovietnam Drilling and Well Service to charter a jack-up drilling rig to support its Gulf of Thailand operations.
Classification society ABS has granted approval in principle (AIP) to South Korean shipbuilder Hyundai Heavy Industries Group (HHI Group) for the development of autonomous technology at sea.
Natural gas markets are expected to remain tight well into next year as Russia keeps curtailing natural gas flows to Europe which has pushed international prices to new highs, disrupted trade flows and led to fuel shortages, International Energy Agency (IEA) finds in its latest report. According to
Hundreds of thousands of seafarers will require some type of new training by 2050 to be able to handle fuels such as ammonia, hydrogen or methanol and a significant number by 2030, initial findings of a massive study commissioned by the International Chamber of Shipping (ICS) show. The research stud
