10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Aramco splashes $30 billion on 17 more deals with US players

    21 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Aramco, Saudi Arabia’s energy heavyweight, has revealed a new batch of multibillion-dollar memoranda of understanding (MoUs) and agreements, encompassing liquefied natural gas (LNG), financial services, advanced materials manufacturing, and procurement of materials and services with U.S. companies such as SLB, Baker Hughes, McDermott, Halliburton, NESR, KBR, Flowserve, NOV, Worley, and Fluor.

  • NYK: ‘World’s largest’ methanol dual-fuel Ultramax bulker fills up in South Korea

    30 September 2025
    Business Developments & Projects, Vessels

    Green Future, hailed as “the world’s biggest” methanol dual-fuel Ultramax bulk carrier, which is being chartered by Japan’s NYK Bulk & Projects Carriers, an NYK Group company, has received a supply of methanol in a ship-to-ship (STS) transfer operation. As disclosed, the methanol bunkering procedure was completed on September 28 in the Port of Ulsan, […]

  • ADNOC eyes coming aboard $50 billion LNG project with Eni and YPF in South America

    5 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Thanks to a deal with Italy’s energy giant Eni and Argentina’s oil and gas firm YPF, XRG, a subsidiary of the UAE-headquartered Abu Dhabi National Oil Company (ADNOC), has taken a non-binding step to join a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on the South American country’s Atlantic coast.

  • Trio pools resources to forge CO2 logistics hub for carbon dioxide transport chain

    4 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Transition

    Three players in the offshore energy and maritime spheres – Höegh Evi, Aker BP, and Ports of Stockholm – have joined forces to bring to life a CO2 logistics hub and enable an efficient and sustainable transport chain for carbon dioxide from industrial emitters in eastern Sweden.

  • South Asia’s $107 billion LNG gamble facing finance and energy supply threats amid Middle East conflict

    20 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Safety

    With instability and vulnerabilities looming across global markets and power systems in the wake of the U.S. and Israeli attack on Iran, South Asia’s planned multibillion-dollar liquefied natural gas (LNG) infrastructure expansion is exposed to economic and energy security risks, according to Global Energy Monitor’s Asia Gas Tracker, a provider of comprehensive dataset of gas infrastructure across East Asia, South Asia, and Southeast Asia.

  • 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.  

  • Baker Hughes helping Petrobras enhance oil & gas production as vessel duo remains in Brazil

    17 September 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    U.S.-headquartered energy technology giant Baker Hughes has disclosed a long-term contract extension with Brazil’s Petrobras for two stimulation vessels, which will keep supporting offshore operations that optimize oil and gas recovery in the South American country’s post and pre-salt fields.

  • Clean energy security pact formed to explore CCS shipping corridors in North Sea

    27 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Storage, Transition, Vision

    Four European port and infrastructure players have partnered up to study the potential of carbon capture and storage (CCS) shipping corridors between Northern Europe and the UK, as well as share experience and understanding for the “new but crucial energy transition area”. Two memorandums of understanding (MoU) have been signed, one between Associated British Ports […]

  • Long-term, project-based contracts lead South Korean cable maker to ‘record order backlog’

    18 September 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vision

    South Korean Taihan Cable & Solution has reported a record order backlog of KRW 3.25 trillion (approximately €2  billion) as of the end of August, surpassing KRW 3 trillion for the first time ever and marking an all-time high. This represents a 3.5-fold increase from KRW 945.5 billion at the end of 2020, just before […]

  • BP books SLB OneSubsea for work on its Gulf of America oil project

    18 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    UK-headquartered energy giant BP has tasked SLB OneSubsea, a joint venture between SLB (formerly Schlumberger), Aker Solutions, and Subsea7, with a subsea boosting mission for its deepwater greenfield development in the Gulf of America (U.S. Gulf of Mexico).

  • $10 billion awards spree: Seven players split Equinor’s multibillion-dollar contracts’ cake

    8 January 2026
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Equinor has handed out multiple framework agreements to seven Norwegian supplier companies, including Aibel, Aker Solutions, Wood, Rosenberg Worley, Head Energy, Apply, and IKM Gruppen with a total value of around NOK 100 billion (approximately $9.9 billion).

  • Costamare Bulkers to collaborate with Cargill on dry bulk ships. Decarbonization projects included

    30 September 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy

    Monaco-based dry bulk vessel owner and operator Costamare Bulkers Holdings Limited has signed a strategic cooperation agreement with Swiss freight trader Cargill International covering dry bulk vessels and decarbonization projects.

  • New gas supply key to staving off shortfalls looming on Australia’s energy horizon

    2 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    As Australia takes steps to up its natural gas ante, Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has emphasized the importance of further exploration and production endeavors to avert potential gaps in gas supply from 2030.

  • CB&I all done with acquisition of Petrofac’s Asset Solutions business

    9 April 2026
    Business & Finance, Business Developments & Projects

    CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has expanded its service offering with the purchase of Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning services for onshore and offshore energy assets.

  • 2014-built rig kicks off its five-year Asian drilling gig

    20 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Singapore’s tender-assisted drilling provider Energy Drilling, a wholly owned subsidiary of Cyprus-headquartered SED Energy Holdings, has confirmed the start of its 11-year-old rig’s drilling assignment with Thailand’s national oil and gas company PTT Exploration and Production Public Company Limited (PTTEP).

  • Six industry majors unite to commercialize cost- and emission-cutting subsea flowline heating tech

    21 October 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Technology

    DeepOcean as the project owner and its five partners have launched a joint industry project to commercialize an innovative subsea flowline heating technology designed to reduce manufacturing and installation costs by up to 35% and carbon emissions by 30% through the separation of pipeline and heating installation. FlowHeat is said to simplify subsea flowline heating […]

  • 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.

  • Saudi ACWA Power seals 27 deals for green hydrogen and other technologies

    3 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Storage, Technology, Transition, Vision

    ACWA Power, a Saudi Arabian developer, investor and operator of power generation, water desalination, and green hydrogen plants, has signed 27 memorandums of understanding (MoUs) at a recent three-day event to advance green hydrogen, desalination technologies, energy storage systems, and industrial AI. Held under the patronage of Saudi Arabia’s Ministry of Energy in Riyadh, Innovation […]

  • Shipbuilding market shakeup: South Korea’s HD Hyundai Heavy Industries and HD Hyundai Mipo to merge

    28 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    South Korean shipbuilding companies HD Hyundai Heavy Industries (HHI) and HD Hyundai Mipo (HMD) have revealed plans to merge into a single entity.

  • Australia ups energy ante: LNG project ready for start-up, FPSO weeks away from first gas

    26 August 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Australian energy player Santos has shed light on the progress made in bringing its oil, gas, and liquefied natural gas (LNG) projects to life, with one project reaching the stage where all the pieces are in place to come online, another is fast approaching the same level, and the third one in Alaska is moving its first oil timeline forward to hit this milestone sooner than anticipated.

  • Double win for Equinor in North Sea as two gas and condensate discoveries spring up

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

    Norway’s state-owned oil and gas giant Equinor has made two new discoveries of gas and condensate in the Sleipner area of the Norwegian sector of the North Sea, which it describes as its largest finds so far this year. The company claims that these discoveries can be developed for the European market through existing infrastructure.

  • Worley among firms breathing life into $44 billion LNG project during early execution stage

    23 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has taken steps to move the first phase of its liquefied natural gas (LNG) export development in Alaska from development into early execution by announcing conditional awards for pipeline construction and line pipe supply, following a multi-round bid process that began with twenty participants. As a result, Australia’s engineering player Worley is selected to provide engineering, procurement, and construction management (EPCM) services.

  • Panama ends flag access for aging tankers and bulkers amid shadow fleet concerns

    4 August 2025
    Authorities & Government, Environment, Regulation & Policy, Rules & Regulation, Safety, Vessels

    Panama will no longer allow the registration of oil tankers and bulk carriers older than fifteen years under its flag to improve the performance of its fleet, minimize the risk of detentions and prevent the entry of vessels associated with the so-called ‘shadow’ or ‘dark’ fleet. According to the Panama Maritime Authority (PMA), the measure […]

  • NYK and partners wrap up ship-to-ship liquefied ammonia transfer off Spain

    24 September 2025
    Business Developments & Projects, Operations & Maintenance

    Japanese shipping company NYK, in collaboration with ammonia trader Trammo, has completed its first ship-to-ship (STS) transfer of liquefied ammonia.

  • UK signals readiness for oil & gas tax shift with £50 billion energy investment in play

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

    Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has taken steps to engage in talks with the UK government to strike a deal and unlock multibillion-dollar energy industry investment boost by replacing the energy profits levy (EPL). The proposed regulatory shift has the potential to pave the way for homegrown energy growth, fortifying energy security and tax revenues, which are set to rise as the oil and gas windfall tax replacement looms.