3098 results found for 'origin karoon'

3098 results found for 'origin karoon'
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  • After delivering converted FPSO to MODEC, Seatrium gets its hands on refinancing of over $303 million

    29 December 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Seatrium has secured early refinancing of S$400 million (more than $303.13 million) from DBS Bank Limited with an option to convert to a sustainability-linked loan.

  • Nord Stream 2 ties first line to land despite Republican outrage

    11 June 2021
    Business Developments & Projects, Project & Tenders

    Nord Stream 2 AG, a subsidiary of Russia’s Gazprom and operator of the Nord Stream 2 offshore gas pipeline, has confirmed that the offshore part of one line of the pipeline has been mechanically completed.

  • Tunisia: ADX Energy Experiences Difficulties on Lambouka Well

    3 August 2010

    Progress during the week was delayed due to 53 hours of bad weather preventing the installation of the Blow Out Preventer (“BOP”) on the well head located on the sea floor. Further difficulties were experienced when trying to latch the BOP onto the wellhead. Modifications of the BOP to wellhead connection were necessary. The BOP […]

  • Bassoe: Demand for deepwater rigs in South America to double by 2021

    17 January 2018
    Exploration & Production

    Up to 50 offshore rigs could be working on deepwater programs in South America depending on how new prospects turn out.

  • BIMCO rolls out new carbon clause ahead of FuelEU

    28 November 2024
    Regulation & Policy, Rules & Regulation

    In light of the fast-approaching January 1, 2025, which will signal the start of the FuelEU Maritime regulation, BIMCO, the world’s biggest shipping association, has added to its portfolio a new carbon clause designed to be incorporated into time-charter parties. As informed, the clause—called the FuelEU Maritime Clause for Time Charter Parties 2024—was adopted on […]

  • Hydrogen – the coolest thing you can put on a ship

    16 June 2021
    Business & Finance, Environment, Market Outlooks, Outlook & Strategy, Research & Development, Transition, Vessels

    Hydrogen (LH2), be it blue, or green, is at the heart of the energy transition talks taking place around the globe, especially as major economies of the world pledge to become net-zero nations. Building up the hydrogen society has been a hot potato for decades and the switch from coal, fossil fuels, and nuclear power […]

  • UK well-positioned to kick-start shipping’s transition to green fuels, report shows

    13 May 2024
    Business Developments & Projects, Outlook & Strategy, Research & Development, Transition

    The United Kingdom can become an early mover in the global shipping industry’s transition to zero-emission fuels, a new report finds.

  • First of three sustainable shuttle tankers chartered by Petrobras arrives in Brazil

    17 June 2022
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition, Vessels

    Petrobras has welcomed the first of three ordered Suezmax DP2 shuttle tankers, while the other two are expected to arrive by the end of 2022.

  • OEEC: LNG-fueled offshore vessels becoming preferred option

    25 October 2016

    Liquefied natural gas (LNG) as fuel for vessels has long been discussed as an alternative option, however, with its increasing availability and more bunkering infrastructure available, it is becoming more of a preferred option for many ship owners and operators. This was a joint sentiment among speakers and participants of a technical session titled “Gas-fueled […]

  • USA: Cape Wind Signs $15 Million Contract with Lawrence-Lynch Corp

    1 July 2013
    Storage

    Cape Wind has signed a $15 Million contract with Falmouth-based Lawrence-Lynch Corp. to provide the upland construction work required to bury Cape Wind’s electric cables. Lawrence-Lynch Corp. will also be responsible for providing a conduit for connecting the buried electric cables on land to the submerged ocean submarine cables by using a ‘directional drill’ from […]

  • Australia: Rotork Valve Actuation Selected for Three Curtis Island LNG Projects

    24 September 2013
    Equipment, Project & Tenders

    Rotork flow control products have been selected for applications throughout the giant Queensland CSG-to-LNG  projects in Australia. To date, Rotork’s international sales network has received orders for more than 5000 valve actuators, embracing electric, electro-hydraulic, pneumatic and gas-over-oil technologies. The three projects – Queensland Curtis LNG, Santos GLNG and Australia Pacific LNG – are developing […]

  • Shell sets new strategy, updates BG synergies target

    7 June 2016

    Hague-based LNG giant, Shell on Monday revealed an updated strategy as the company is battling with low oil and gas prices and following the takeover of BG Group. Shell announced an increase in expected BG deal-related synergies, from the $3.5 billion set out in the prospectus, to $4.5 billion on a pre-tax basis in 2018, an […]

  • UK oil & gas firm expanding its portfolio with more North Sea fields and prospects

    5 April 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Viaro Energy, through its wholly-owned subsidiary RockRose Energy, has entered into a farm-in agreement with Hartshead Resources.

  • UK’s tax changes: First step to ‘restore confidence’ in oil & gas sector and safeguard energy security

    9 June 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    The UK has now made adjustments to the oil and gas tax terms in a bid to protect the country’s energy security.

  • MEPC 82 brings net-zero framework closer to reality as crucial 2025 session approaches

    8 October 2024
    Outlook & Strategy, Rules & Regulation, Transition

    Following the conclusion of the 82nd session of the IMO Marine Environment Protection Committee (MEPC 82), the progress made toward finalizing the net-zero framework, set for approval at the ‘critical’ MEPC 83 meeting in April next year, appears to be ‘on track’ as the maritime industry continues its efforts to curb harmful pollutant emissions. The […]

  • Battle to (un)leash US gas prompts legal storm: Two major American LNG projects hit a snag as court scraps permits

    7 August 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    An ongoing fight to pull the plug on two liquefied natural gas (LNG) export projects at the Port of Brownsville, Texas seems to have yielded a partial win for climate activists, as a U.S. court has axed the previous authorizations and passed the baton back to the Federal Energy Regulatory Commission (FERC).

  • Report calls LNG ‘a false solution’ harming the climate, urging banks to stop financing export terminals

    1 January 2025
    Business & Finance, Business Developments & Projects, Environment, Regulation & Policy

    Non-governmental research and campaigning organization Reclaim Finance and BankTrack, an international tracking, campaigning, and civil society support organization targeting private sector commercial banks and the activities they finance, have published a report asking banks to stop financing liquefied natural gas (LNG) export terminals which they believe are causing damage to the environment.

  • Sea Cargo Charter: Industry giants disclose climate impact of their shipping activities

    15 June 2022
    Business Developments & Projects, Certification & Classification, Collaboration, Outlook & Strategy, Regulation & Policy, Transition

    For the first time, some of the world’s largest energy, agriculture, mining, and commodity trading companies publish the climate alignment of their shipping activities and gain access to new data that will allow them to work with their business partners in driving carbon efficiency and reductions and align their chartering activities with climate action goals.

  • MOL eyes deployment of net-zero emission ships in the 2020s

    18 June 2021
    Environment, Market Outlooks, Outlook & Strategy, Rules & Regulation, Transition, Vessels, Vision

    Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) aims to deploy net-zero emissions ocean-going vessels in the 2020s in line with its environmental vision of achieving net-zero GHG emissions by 2050. Under its revised vision, released earlier today, the company has set sights on reducing GHG emissions intensity by approximately 45% by 2035 when compared to […]

  • Sustainable Propulsion

    19 August 2018
    Business & Finance

    MARIN has set a new course in its technology plan to sustain the necessary energy transition.

  • OEEC: LNG and GTL are not competitors as fuel for vessels

    26 October 2016

    Liquefied natural gas (LNG) as fuel for vessels has long been discussed as an alternative option, however, with its increasing availability and more bunkering infrastructure available, it is becoming more of a preferred option for many ship owners and operators.

  • Christie Administration: New Plan to Expedite Dredging (USA)

    19 April 2013
    Business & Finance

    As part of its ongoing commitment to helping New Jersey’s communities recover and rebuild from the devastation caused by Superstorm Sandy, the Christie Administration yesterday took action to streamline state permits for various types of vital rebuilding projects, a move that will aid reconstruction of impacted homes and businesses, assist the recovery of marinas and […]

  • 1 Gigaton Coalition Formed in Lima

    15 December 2014
    Authorities & Government, Environment

    A coalition recently launched at the climate talks in Lima aims to boost efforts to save billions of dollars and billions of tonnes of CO2 emissions each year by measuring and reporting reductions of greenhouse gas emissions resulting from projects and programmes that promote renewable energy and energy efficiency in developing countries. The 1 Gigaton […]

  • How far have Woodside’s incoming oil & gas and renewable projects come?

    19 July 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    Woodside is laying out the groundwork to develop and bring several energy projects online, including oil and gas, low-carbon, and renewable ones.

  • Hapag-Lloyd unveils $4B green financing for 24 LNG dual-fuel boxships

    4 February 2025
    Business & Finance, Business Developments & Projects, Vessels

    German shipping giant Hapag-Lloyd has revealed long-term financing totaling $4 billion for the 24 liquefied natural gas (LNG) dual-fuel boxships that the company booked in October 2024 at two Chinese shipyards. As explained, the green financing comprises four elements. The German container shipping player said that approximately $900 million of the purchase price has been […]