10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Zodiac Maritime rings the welcome bell to new LNG dual-fuel PCTC built in China

    12 August 2025
    Business Developments & Projects, Vessels

    UK-based shipping company Zodiac Maritime has welcomed its latest 7,000 CEU dual-fuel pure car and truck carrier (PCTC) constructed by China’s Yantai CIMC Raffles Shipyard (CIMC Raffles). As disclosed, the vessel, which uses liquefied natural gas (LNG) as one of its primary fuels, was delivered last month following the completion of sea trials. The car […]

  • European refiners could drive green hydrogen momentum, with maritime sector playing important role

    21 August 2025
    Market Outlooks, Outlook & Strategy

    European refiners are expected to become significant producers and buyers of green hydrogen, with the maritime sector offering growth potential.

  • Round-up: New oil & gas discoveries take center stage as LNG momentum grows

    5 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Exploration & Production, Rules & Regulation, Transition

    As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint ventures, divestments, and capex commitments.

  • BP unlocking more US oil & gas with go-ahead for $5 billion Gulf of America project

    29 September 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    BP has decided to move forward with its second production platform in the Gulf of America (the U.S. Gulf of Mexico) in less than two years to augment its upstream business by making a final investment decision (FID) for one of the eight to ten major projects expected to start up globally between 2028 and 2030.

  • Throwback: Top oil & gas final investment decision picks

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    As the global oil and gas story expands with new discoveries and projects, many operators have been laying the groundwork to make final investment decisions (FIDs) for the undeveloped assets in their portfolios. Since many companies decided to sanction their existing developments in 2025, Offshore Energy has made a collection featuring some of these moves.

  • $3.2 billion move on LLOG opens doors to Gulf of America oil & gas scene for Harbour

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

    London-listed oil and gas company Harbour Energy has made a multibillion-dollar play for LLOG Exploration Company (LLOG), which is being acquired from LLOG Holdings for $3.2 billion, comprising $2.7 billion of cash and $0.5 billion of the UK player’s voting ordinary shares.

  • Europe urged to step-up its renewable hydrogen game

    8 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Regulation & Policy, Rules & Regulation, Technology, Transition

    The Renewable Hydrogen Coalition (RHC), as the voice of the value chain, encompassing renewable energy suppliers, start-ups, investors, and industrial offtakers dedicated to making Europe the global leader in renewable hydrogen solutions, has called on the European decision-making realms and leaders to scale up incentives, funding opportunities, and market fundamentals for clean technology, especially the landscape surrounding hydrogen made from renewable sources.  

  • Hafnia adds third tanker to its methanol dual-fuel fleet

    5 August 2025
    Business Developments & Projects, Infrastructure, Vessels

    Singapore-based tanker owner Hafnia and its joint venture partner, French shipowner Socatra, have taken delivery of their third dual-fuel methanol medium-range (MR) tanker.

  • Van Oord orders two methanol-capable subsea rock installation vessels from China

    21 July 2025
    Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels

    Van Oord has placed an order with a Chinese shipyard for two next-generation subsea rock installation vessels that will be capable of operating on methanol. The vessels, to be constructed by Yantai CIMC Raffles Offshore in China, will be equipped with a loading capacity of 35,000 tons, will be capable of handling large rock sizes, […]

  • Japan to begin development of its ‘first’ fully battery-powered tugboat

    14 August 2025
    Business Developments & Projects, Collaboration, Innovation, Research & Development, Transition, Vessels

    Japanese tugboat services provider Tokyo Kisen and compatriot marine software developer Marindows have kick-started what is being hailed as Japan’s “first” pure battery-powered EV harbor tugboat development project. As disclosed, the electric harbor tugboat is set to be operated in the ports of Yokohama and Kawasaki, with the goal of contributing to the ports’ net-zero […]

  • South Korea commits $150B to help revive US shipbuilding

    31 July 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Outlook & Strategy, Vessels

    South Korea has pledged $150 billion into a dedicated United States shipbuilding rejuvenation fund, as part of a much larger, $350 billion bilateral trade agreement with Washington. According to the South Korean government, the deal will aim to breathe new life into the American vessel construction industry, in return for a lower tariff rate of […]

  • HD Hyundai arms clinch ‘world’s first’ technology validation for brand-new electric propulsion system

    8 August 2025
    Business Developments & Projects, Certification & Classification, Collaboration, Innovation, Regulation & Policy, Rules & Regulation, Technology, Vessels

    HD Hyundai affiliates, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HHI), have secured the ‘world’s first’ New Technology Qualification (NTQ) from classification society American Bureau of Shipping (ABS) for its ‘next-generation’ electric propulsion solution. Per ABS, the solution in question is a breakerless medium-voltage direct current (MVDC) power system […]

  • Port of Bilbao advances shore power project with €11.4M deal for solar PV plants

    7 August 2025
    Business Developments & Projects, Infrastructure, Ports & Logistics, Project & Tenders

    Spanish Bilbao Port Authority has awarded a €11.48 million contract for the construction of solar photovoltaic (PV) plants to be integrated into the onshore power supply (OPS) system at the port.

  • IEA: Oil & gas decline rates sound the alarm over global energy security risks

    16 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market stability, and emissions reduction aspirations, with a global energy shortfall as a potential outcome.

  • EU puts its foot down on Russian oil & gas imports with gradual phase-out

    20 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    The latest step taken to end the EU’s dependence on Russian fossil fuels is contained within its plans to gradually ban imports of oil, gas, and liquefied natural gas (LNG) from next year, with limited exceptions for existing short-term and long-term contracts. This legislation is described as a response to Russia’s systematic weaponisation of energy supplies.

  • New moves reinforce Sabah’s role as energy growth hub in Malaysian waters

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

    Petronas Carigali, Malaysia’s state-owned oil and gas heavyweight Petronas, has taken steps to divest a partial stake to SMJ Energy (SMJE), a company wholly-owned by the Sabah state government, in a production sharing contract (PSC) for fields in shallow waters off the coast of Sabah, offshore of East Malaysia. Petronas and Sabah have also strengthened their collaboration with another PSC award.

  • TotalEnergies widens its oil & gas portfolio offshore Namibia with new license

    6 February 2026
    Business & Finance, Business Developments & Projects

    France’s energy giant TotalEnergies has taken steps to expand its footprint off the coast of Namibia with the acquisition of a new license.

  • New York to introduce its ‘first-ever’ hybrid-electric ferry

    14 August 2025
    Collaboration, Innovation, Technology, Transition, Vessels

    The Trust for Governors Island, a non-profit organization founded by the City of New York, has unveiled the Empire State’s ‘first’ hybrid-elec­tric pub­lic fer­ry, the Harbour Charger. As disclosed, the arrival of the hybrid-electric Harbour Charger marked a ‘landmark’ moment for both Governors Island and New York State’s efforts to facilitate sus­tain­able mar­itime trans­porta­tion. The […]

  • EnQuest hires Well-Safe Solutions rig for multi-year North Sea decom job

    7 August 2025
    Business Developments & Projects, Project & Tenders

    Aberdeen-based decommissioning services provider Well-Safe Solutions has won a multi-year contract with London Stock Exchange-listed energy player EnQuest. 

  • UK operator gets $200K fine for vent breaches at North Sea gas hub

    29 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    As Great Britain’s regulator, North Sea Transition Authority (NSTA), tightens the noose on excessive emissions of greenhouse gases by tackling flaring and venting activity, Chrysaor, which became part of Harbour Energy in 2021, has been fined £150,000 ($200,269.5) for vent breaches at its offshore platform in the North Sea on the UK Continental Shelf (UKCS).

  • First LNG-ready LR2 Aframax delivered to Performance Shipping

    1 August 2025
    Business Developments & Projects, Infrastructure, Vessels

    Greek tanker owner Performance Shipping has taken delivery of its first LNG-ready LR2 Aframax newbuild from Shanghai Waigaoqiao Shipbuilding in China.

  • Perenco acquires Petrobras’ hibernated assets, sets revival strategy

    5 August 2025
    Business Developments & Projects, Project & Tenders

    The Brazilian subsidiary of Anglo-French oil and gas player Perenco has finalized the acquisition of two concessions located in shallow waters in the Campos Basin from Brazil’s state-owned oil and gas giant Petrobras.

  • Knutsen receives second LNG carrier for QatarEnergy charter, eight more to follow

    29 July 2025
    Business Developments & Projects, Infrastructure, Project & Tenders, Vessels

    Norwegian shipping company Knutsen has taken delivery of a liquefied natural gas (LNG) carrier that will be chartered to QatarEnergy.

  • ADNOC L&S joint venture adds new dual-fuel ethane carrier to the fleet

    14 October 2025
    Business Developments & Projects, Infrastructure, Vessels

    AW Shipping, a joint venture formed by UAE-based ADNOC L&S and China’s Wanhua Chemical, has taken delivery of the second very large ethane carrier (VLEC).

  • Venture Global okays third LNG project backed by $15B financing

    29 July 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    U.S. energy player Venture Global has taken a final investment decision (FID) for the first phase of its export project in Louisiana, United States.