10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Three vessels to go as AtoB@C Shipping takes delivery of ninth plug-in hybrid newbuild

    19 December 2025
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Vessels

    AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has taken delivery of the ninth vessel out of twelve plug-in hybrid coasters it has on order with shipbuilder Chowgule & Company. The vessel, which belongs to the Green Coaster series, has been named Fleximar and was delivered on December 18. “Fleximar and the […]

  • $4 billion LNG lawsuit going ahead as arbitration starts

    23 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has decided to move forward with a lawsuit related to Panama’s liquefied natural gas (LNG)-to-power market by submitting an arbitration request under the International Centre for Settlement of Investment Disputes (ICSID) Convention against the Republic of Panama in connection with the cancellation of a license for a major gas-fired power generation project.

  • EU’s 20th sanctions batch tightens grip on Russia’s oil, gas, LNG and shadow fleet spheres with 632 vessels blacklisted

    24 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation, Vessels

    As the European Union (EU) continues to take steps to constrain Russia’s revenue streams and energy export capacity to bring the Ukraine crisis to an end, it has rubber-stamped a new raft of sanctions against the country, expanding its crackdown on the Russian energy industry and widening the net around the shadow fleet with 46 more vessels added to the listed pool.

  • Maersk enriches fleet with another methanol-powered vessel

    3 February 2026
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Project & Tenders, Transition, Vessels

    Danish shipping and logistics titan A.P. Moller – Maersk has taken delivery of the first in a new series of six dual-fuel mid-size container vessels being constructed at a Chinese shipyard. The Tangier Mærsk was delivered from Yangzijiang Shipbuilding Group’s yard in Jingjiang, China, three months ahead of schedule as part of an order placed […]

  • Probe into offshore rig incident uncovers serious breaches

    1 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Scotland-headquartered offshore drilling contractor Odfjell Drilling has been served with an order from Norway’s offshore safety regulator, which investigated an incident that resulted in an injury at a semi-submersible rig deployed on the Norwegian Continental Shelf (NCS).

  • AD Ports and Nimex break ground on LPG terminal hub at Khalifa Port

    26 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Transition

    UAE-based terminal operator AD Ports Group and Nimex Terminals, an affiliate of the global trading organization Nimex Petroleum Group, have broken ground on what is said to be the UAE’s first private-sector liquified petroleum gas (LPG) terminal hub, located at Khalifa Port. The LPG terminal hub, announced in November 2025 together with the plan to […]

  • Velesto disposes of its workover business to Enviros

    30 December 2025
    Business & Finance, Business Developments & Projects

    Velesto Malaysian Ventures, a wholly-owned subsidiary of Malaysia’s Velesto Energy, owner of six premium jack-up rigs and two hydraulic work-over units, has taken steps to offload its stake in Velesto Workover Sdn Bhd (VWSB).

  • Norwegian shipowner offloads another 2016-built vessel

    12 March 2026
    Business & Finance, Business Developments & Projects

    Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has taken steps to divest one of its platform supply vessels (PSVs).

  • Fourth and final dual-fuel methanol tanker delivered to Hafnia, set to work for TotalEnergies

    29 January 2026
    Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Singapore-based tanker owner Hafnia and its joint venture partner, French shipowner Socatra, have taken delivery of their fourth and final dual-fuel methanol medium-range (MR) tanker constructed in China. The latest addition to Hafnia and Socatra’s IMO II MR fleet, Ecomar Gironde, is part of the joint venture’s four-vessel order from August 2023. Like its sister vessels, the […]

  • Northern Lights’ fleet expansion quest bringing to life four new CO2 vessels

    29 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Vessels

    Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has taken steps to enrich its fleet with four more carbon dioxide (CO2) vessels through charter deals with Mitsui O.S.K. Lines (MOL) and a consortium between Kawasaki Kisen Kaisha (K Line) and MISC.  

  • UK-Slovenian partnership targets seabed data

    26 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders

    UK-headquartered Ocean Geophysics and Slovenia-based HighTide have entered into a joint venture (JV) agreement to combine their seabed and data solutions for offshore wind, cable and pipeline installation, and oil & gas. As part of the partnership, the renewable energy industry suppliers will combine Ocean Geophysics’ large-scale geophysical processing and interpretation with HighTide’s specialist expertise […]

  • Shell rubber-stamps project to boost oil production from its Gulf of America asset

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell Offshore, a subsidiary of the UK-headquartered energy giant Shell, has taken a final investment decision (FID) on a waterflood project at its field in the U.S. Gulf of America (Gulf of Mexico).

  • Aker BP picks up clearance for oil & gas drilling ops with Noble rig

    5 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Norwegian authorities have given the go-ahead for production drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a rig owned by Noble Corporation, a U.S.-headquartered energy giant.

  • Middle East conflict halts more offshore drilling ops as another rig owner confirms temporary suspensions

    26 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Arabian Drilling, said to be Saudi Arabia’s largest onshore and offshore drilling company by fleet size, has revealed temporary suspensions for some offshore rigs in the Arabian Gulf, as its land fleet remains unaffected by the ongoing conflict in the Middle East.

  • CMA CGM’s fleet grows to 400 owned vessels as first of six methanol container ships comes in

    22 January 2026
    Business & Finance, Business Developments & Projects, Vessels

    French shipping and logistics giant CMA CGM Group has welcomed the arrival of the first in a series of six 15,000-TEU methanol container ships, expanding its arsenal with the 400th owned vessel within a fleet of over 650 vessels worldwide, as part of its decarbonization strategy.

  • Germany’s energy network awaits September to ignite next LNG link in FSRU chain

    10 June 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Germany’s Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, has revealed the timeline for the commissioning of the European country’s next floating LNG terminal, which caps the state-funded floating storage and regasification unit (FSRU) rollout, emphasizing the LNG terminals’ importance for energy security and resilience.

  • Siemens Energy delivers all transformers for first UK-Germany energy link

    11 May 2026
    Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Siemens Energy has delivered all 14 transformers that will help to power NeuConnect, the first energy link between the UK and Germany. The seventh and final transformer was delivered to the converter station site in Wilhelmshaven, Germany, this week, following the delivery of all seven transformers to the UK site earlier this year. All 14 […]

  • Dutch LNG terminal eyes 2036 horizon as Gasunie, Vopak back conditional lifeline extension

    1 June 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    A conditional final investment decision (cFID) is paving the way to prolong operations at a liquefied natural gas (LNG) terminal in the Netherlands until 2036, securing its role in the country’s LNG infrastructure beyond 2027.

  • Trump’s EPA rolls back Biden‑era oil & gas rules, slashes $2.5 billion in costs

    7 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    The Trump administration’s U.S. Environmental Protection Agency (EPA) has estimated that it will enable $2.5 billion in compliance savings over 15 years by cutting the red tape and revising the Biden-Harris administration’s oil and natural gas regulations to curb gasoline and energy costs.

  • Technip Energies, JGC and SHI chosen to progress Mozambique’s second FLNG project

    24 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    A partnership of Technip Energies, JGC and Samsung Heavy Industries (SHI) has secured a contract with Mozambique Rovuma Venture (MRV), an Eni-participated joint venture (JV), to progress work on Mozambique’s second floating liquefied natural gas (FLNG) facility. The contract, defined as significant, adds to the previously announced one for early works and expands Technip Energies’ scope […]

  • Stage being set for multi-well stimulation at offshore platform in California

    17 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Operations & Maintenance, Regulation & Policy

    The U.S. Bureau of Ocean Energy Management (BOEM) has taken a step to lay the groundwork for the proposed offshore well stimulation work at a platform off the coast of California.

  • Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier

    23 March 2026
    Business Developments & Projects, Outlook & Strategy, Transition, Vessels, Vision

    LPG shipping company Dorian LPG has taken delivery of its dual-fuel LPG and ammonia very large gas carrier (VLGC/AC) carrier from a South Korean shipbuilder. The 93,000 cubic meter (cbm) dual-fuel newbuild Areion, an LPG and ammonia VLGC/AC, was delivered from Hanwha Ocean Heavy Industries at the Okpo Shipyard in South Korea. The vessel will begin […]

  • South Korean shipyard delivers MOL’s newbuild LPG carrier hired by TotalEnergies

    6 February 2026
    Business & Finance, Business Developments & Projects, Vessels

    Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has taken delivery of a newbuilding LPG dual-fuel very large gas carrier (VLGC) from Hyundai Samho Heavy Industries in South Korea.

  • Navitas expanding its oil & gas footprint in Falkland Islands

    12 January 2026
    Business & Finance, Business Developments & Projects

    Israel’s Navitas Petroleum has taken steps to bolster its oil and gas portfolio off the coast of the Falkland Islands with a non-binding deal to get a majority stake in a license within the North Falkland Basin.  

  • TotalEnergies, Repsol, and Shell flow first oil from Brazilian offshore project

    11 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    TotalEnergies EP Brasil, a subsidiary of France’s energy giant TotalEnergies, has brought online an oil project in the Santos Basin, approximately 300 kilometers off the coast of Brazil.