3098 results found for 'origin karoon'

3098 results found for 'origin karoon'
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  • EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen

    22 May 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety, Storage, Transition, Vision

    The European Commission and the UK have reached a Common Understanding that outlines a renewed agenda for cooperation, with a focus on maritime security and safety, as well as new energy technologies such as hydrogen and carbon capture, utilization and storage (CCUS), among other things. In view of the UK-European Union summit held on May […]

  • SAAM Towage electric tugs achieve 72% carbon intensity reduction in Canada

    27 May 2025
    Business Developments & Projects, Transition, Vessels

    A little over a year has passed since Chile-headquartered towage services provider SAAM Towage deployed its 100% electric tugs in Canada. Within this timeframe, the company said that it has achieved “massive” reductions in greenhouse gas (GHG) emissions. As disclosed, one year of operations in the Great White North yielded “landmark” sustainability metrics, with electric […]

  • ECSA: EU maritime strategy must bridge innovation gap, not build barriers

    19 May 2025
    Authorities & Government, Environment, Transition

    ECSA European Shipowners has received with open arms the adoption of the Szczecin Declaration on the EU Industrial Maritime Strategy, hailing it as a “strong and clear” signal that protectionism has no right to a seat at the maritime table. At a time of increasing protectionism across the globe, ECSA believes that the declaration underscores […]

  • World’s ‘first’ 9,300 CEU methanol dual-fuel car carrier hits water

    23 May 2025
    Infrastructure, Vessels

    CM Kong Kong, described as the world’s first 9,300 CEU methanol dual-fuel car carrier, has been launched in China.

  • NYK presents Japan’s ‘first’ battery-powered work vessel

    26 May 2025
    Infrastructure, Vessels

    Japanese shipping major Nippon Yusen Kaisha (NYK) has unveiled the country’s first fully battery-driven work vessel, e-Crea.

  • Japan consortium to seek ‘deeper’ pathways toward a carbon-neutral future

    19 May 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Collaboration, Infrastructure, Research & Development, Transition

    A consortium consisting of seventeen Japanese organizations has jointly launched a social collaboration program aimed at scientifically evaluating and standardizing the reliability of materials used in energy-related infrastructure that is needed for a carbon-neutral society. The program, named Materials for Future Energy Infrastructure Trust (MEIT), will be led by classification society ClassNK, Kobe Steel, JFE […]

  • Renewables in action: ‘World’s largest’ commercial e-methanol plant inaugurated

    13 May 2025
    Business Developments & Projects

    Kassø Power-to-X facility in Aabenraa, Denmark, dubbed the world’s largest commercial e-methanol facility, has been officially inaugurated and is supplying e-methanol to offtakers, including shipping giant Maersk.

  • US wards off Gulf of America’s oil & gas shutdown while new bill awaits Senate’s endorsement

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

    A new biological opinion for the Gulf of America, formerly the U.S. Gulf of Mexico, has forestalled the risk of ending new and existing oil and natural gas operations, staving off the danger to American energy security, based on the industry’s reaction.

  • Pemex patches up pipeline in the aftermath of oil spill offshore Mexico

    12 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Pemex has undertaken repair work at a pipeline, which is connected to its oil platform off the coast of Mexico, to address leaks and prevent hydrocarbon presence on the North American country’s coast.

  • Fluxys and OQGN advance hydrogen plans in Oman with term sheet signing

    20 May 2025
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Transition

    Fluxys and OQGN have signed a term sheet cooperation agreement to jointly develop the hydrogen transportation infrastructure in Oman.

  • Origin buys Karoon’s share in Poseidon permits

    2 June 2014
    Business & Finance

    Origin Energy Limited (Origin) today announced it has entered into a conditional Sale and Purchase Agreement with Karoon Gas (Karoon) to acquire its entire 40 per cent interest in two exploration permits (WA-315-P and WA-398-P) in Western Australia’s Browse Basin (Poseidon permits). These permits contain large and prospective offshore gas fields, such as the Poseidon discovery. ConocoPhillips, the project […]

  • Origin Buys Out Karoon at Browse Basin

    2 June 2014
    Business & Finance

    Origin Energy Limited (Origin) has entered into a conditional Sale and Purchase Agreement with Karoon Gas (Karoon) to acquire its entire 40 per cent interest in two exploration permits (WA-315-P and WA-398-P) in Western Australia’s Browse Basin (Poseidon permits). These permits contain large and prospective offshore gas fields, such as the Poseidon discovery. ConocoPhillips, the […]

  • Report: Surging shipping demand points to looming biofuel supply crunch

    2 June 2025
    Market Outlooks, Transition

    The maritime transportation industry’s ambition of net-zero carbon emissions has ballooned demand for biofuels. However, the capacity to produce these sustainable fuels is not keeping pace, with “unconstrained” biodiesel demand exceeding total supply. According to Norway’s energy research and business intelligence company Rystad Energy, biofuels, which are compatible with existing ship engines and can, therefore, […]

  • Karoon: Origin clear to buy Browse Basin permits

    1 July 2014

    Karoon said that the pre-emption rights associated with the sale of the company’s interest in the Browse Basin permits WA-315-P and WA-398-P to Origin Energy have now expired. This clears the way for Origin’s purchase of the permits from Karoon. The current joint venture partners (ConocoPhillips, PetroChina and Karoon), and Origin will now complete transfer documentation, which is subject […]

  • Report: IMO’s NZF tilts future in favor of ammonia DF ships, leaves near-term path in limbo

    29 May 2025
    Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    The International Maritime Organization’s Net Zero Framework (NZF) gives ammonia dual-fuel ships a mid-2030s edge—but the near-term race is still wide open and riddled with uncertainty, a new report has highlighted. According to a study done by the UK’s UCL Energy Institute Shipping, UMAS and Oceans Research Group titled “IMO’s new Net Zero Framework: implications […]

  • ‘Sharp downturn’ in green energy leads to structural changes at Aker

    9 May 2025
    Business Developments & Projects

    Norway’s industrial investment company Aker has inked two strategic agreements, one referring to the purchase of a share its subsidiary Aker Carbon Capture (ACC) holds in its joint venture with SLB, and the other to a merger with its green energy-focused affiliate Aker Horizons.

  • Wärtsilä’s carbon capture technology ready to hit the market

    7 May 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Innovation, Technology

    Following years of active development, Finnish technology group Wärtsilä’s proprietary carbon capture solution (CCS) is all but ready for commercial application. According to the Helsinki-headquartered manufacturing company, the new solution is a fruit born out of a years-long effort that started in 2019. As disclosed further, tests of the CCS have shown that the system […]

  • South Korea and US plan green shipping corridor by 2027

    5 May 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Infrastructure, Ports & Logistics, Regulation & Policy, Transition, Vessels

    A green shipping corridor across the Pacific Ocean linking the United States and South Korea is set to be established by 2027, the latter country’s Ministry of Oceans and Fisheries (MOF) has unveiled. According to MOF, the “South Korea-US Green Shipping Corridor Construction Implementation Roadmap”, as unveiled at the very end of April this year, […]

  • Onboard carbon capture technology could keep ships ahead of IMO targets, report shows

    6 May 2025
    Carbon Capture Usage & Storage, Market Outlooks, Technology, Transition, Vessels

    Incorporating carbon dioxide (CO2) captured from heavy fuel oil (HVO) combustion onboard ships into concrete production provides the highest emissions reduction—up to 60%—among all utilization pathways, a new study suggests. The Global Centre for Maritime Decarbonization (GCMD) recently performed a life cycle assessment (LCA) to explore the potential of onboard carbon capture and storage (OCCS) […]

  • Brazilian giants Vale and Petrobras test biofuel blend on bulk carrier

    25 April 2025
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Research & Development, Vessels

    Brazilian mining company Vale and compatriot oil and gas giant Petrobras have formed a commercial partnership to test a biofuel blend with 24% second-generation biodiesel on a Vale-chartered ship.

  • Karen Moses to leave Origin

    21 October 2015

    Following 21 years at Origin Energy, the last seven of which as Executive Director, Finance & Strategy, Karen Moses decided to retire from her roles with the company.

  • Oman’s Asyad Group introduces wind-powered mega vessel

    8 May 2025
    Infrastructure, Outlook & Strategy, Transition, Vessels

    Omani shipowner Asyad Group has announced the launch of the ‘massive’ cargo vessel Sohar Max which uses wind propulsion technology to achieve environmental efficiency.

  • Karoon changes terms for Brazilian oilfield acquisition

    27 July 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Karoon has executed a binding agreement to amend the sale and purchase agreement to acquire a 100 per cent operating interest in the Baúna field located offshore Brazil.

  • Karoon Sells Browse Basin Interest for $800 Mln

    2 June 2014
    Business & Finance, Project & Tenders

    Karoon has entered into a binding Sale and Purchase Agreement with Origin Energy Limited for the sale of the Company’s 40% equity interest in Browse Basin exploration permits WA-315-P and WA-398-P for up to $800 million. Under the terms of the Agreement, the consideration payable to Karoon is structured as follows: – An upfront cash payment […]

  • ‘World’s largest’ electric ferry pens next chapter in Australia

    5 May 2025
    Innovation, Vessels

    The Incat Hull 096, hailed as the “world’s largest” battery-electric ship, recently touched the water for the first time. As disclosed, the vessel—christened China Zorrilla—was launched on May 2 at Australia’s high-speed catamaran ferry manufacturer Incat Tasmania’s shipyard in Hobart. At 130 meters long, the Incat Hull 096, the ninth Incat unit built for Uruguay-headquartered […]