Sanctions imposed on Iran and Russia will hamper the sourcing of goods for the development of Iranian offshore gas fields, says Rystad.
Avikus, an autonomous navigation solutions startup founded by South Korean shipbuilder Hyundai Heavy Industries (HHI) Group in late 2020, has been contracted by two compatriot shipping companies to install an autonomous navigation solution for large vessels.
Velesto has upgraded two jack-up rigs with offline capabilities to reduce days spent on a well and drilling costs while curbing emissions.
MISC Berhad, NYK, K Line and CLNG have been awarded long-term time charter contracts by QatarEnergy for seven newbuild liquefied natural gas (LNG) carriers.
The last weeks witnessed the major industry players joining forces for energy transition programs and decarbonising their operations and production. By working together, they will be able to achieve the climate goals faster, ensuring that energy transition mechanisms become more attainable and cheap
A total of 147 ports around the globe can bunker LNG to vessels at the moment and this figure is likely to reach 200 by 2024 as demand continues to grow, estimates from Clarksons Research show. Europe is leading the way with LNG bunkering infrastructure, with the majority of its top ports offering t
Westwood is seeing a rebound in high-impact exploration this year with expectations for it to pick up in the second half.
Engro Eximp FZE, a subsidiary of Engro Corporation, and Excelerate Energy want to jointly evaluate the possibility of establishing a regasified LNG (RLNG) marketing business in Pakistan.
Malaysian oil and gas company Petronas has signed a Memorandum of Understanding (MoU) with six South Korean companies to study the feasibility of a full value chain related to CO2 capture, transport, and storage. The six companies include one of the world’s largest shipbuilders Samsung Heavy Industr
Japanese companies Kawasaki Kisen Kaisha (K Line), JGC Corporation and Japan Petroleum Exploration (JAPEX) have signed a memorandum of understanding (MoU) on the joint study of carbon capture and storage (CCS) in Malaysia. Under the MoU, the parties will participate in the joint study that looks int
BP has reserved an FPSO vessel from Yinson for the development of PAJ Project in Block 31, offshore Angola.
American classification society ABS and South Korean shipbuilder Samsung Heavy Industries (SHI) have signed a joint development project (JDP) to enhance hull safety with smart ship technology for structural health monitoring (SHM) using a hull sensor package that will allow for more informed and tar
