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Illustration; Source: Westwood
Decommissioning

Delays in plug & abandonment work may put $5.5 billion on UK decom tab

With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion.

about 1 year ago
Rendering of an LNG terminal
Fossil Energy

Baker Hughes picked to work on making Texas LNG terminal ‘one of the largest’ in the world

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Houston-headquartered energy player NextDecade Corporation has inked two deals with compatriot energy technology giant Baker Hughes, a framework agreement for work on the former’s liquefied natural gas (LNG) terminal under development in Texas and a contractual services agreement for maintenance wor

about 1 year ago
Metacon
Ammonia

Metacon, Pherousa: Ammonia cracking tech greenlit by DNV, ABS

Metacon, a Swedish manufacturer of energy systems, has, through its shareholding in Norwegian technology transfer company Pherousa, received two initial approvals in principle (AiP) for its ammonia cracking technology for use onboard ships.

about 1 year ago
GCL
Clean Fuel

GCL, SEKAVIN partner up on future-ready marine fuel supply

Global Chartering Limited (GCL), a joint venture between Luxembourg-based steelmaker Arcelor Mittal and Greek shipping company DryLog, has formed a strategic partnership with Greece-based bunker supplier SEKAVIN to strengthen marine fuel supply and logistics.

about 1 year ago
MOL
Green Marine

MOL to acquire Dutch tank terminal operator in $1.7B deal

Japan’s shipping heavyweight Mitsui O.S.K. Lines (MOL) is set to purchase LBC Tank Terminals, a Dutch tank terminal operator focused on handling and storing chemical cargo in Europe and the US, in a deal worth a whopping $1.7 billion. As disclosed, the deal was signed on March 7, 2025, and is now pe

about 1 year ago
Hull for Japan-bound hybrid cable lay & construction vessel coming together in Romania (Video)
Cabling

Hull for Japan-bound hybrid cable lay & construction vessel coming together in Romania (Video)

The aft part of the highly customized hybrid power cable lay and construction vessel that VARD is building for the Japanese offshore wind market has arrived at the company’s Tulcea shipyard where it will be joined with the forward parts of the hull. The Norwegian ship designer and shipbuilder held t

about 1 year ago
EPS and DongHwa Entec agree to advance LNG fuel technology
Alternative Fuels

EPS and DongHwa Entec agree to advance LNG fuel technology

Singapore-based shipowner Eastern Pacific Shipping (EPS) has teamed up with South Korean marine engineering solutions provider DongHwa Entec (DHE) for the installation of a high-pressure compressor on an LNG-fueled containership.

about 1 year ago
Artist's rendering of an LNG terminal
Fossil Energy

ExxonMobil to supply Asian markets with Canadian LNG

Canadian natural gas producer ARC Resources has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with ExxonMobil LNG Asia Pacific (EMLAP), an affiliate of the U.S. energy giant ExxonMobil. The LNG will come from a floating liquefied natural gas (FLNG) project un

about 1 year ago
Despite Turkish interference: Greece still committed to subsea power link to Cyprus
Cabling

Despite Turkish interference: Greece stays committed to subsea power link to Cyprus

Greece has reaffirmed its commitment to constructing a subsea power link to Cyprus following reports that the project was halted over financial and geopolitical concerns, Reuters reported. The 1,240-kilometer Great Sea Interconnector, previously known as the EuroAsia Interconnector, is envisioned to

about 1 year ago
Delfin LNG; Source: Delfin Midstream
Fossil Energy

‘Energy addition’ strategy in action: US hands out extension to another LNG export project

The U.S. Department of Energy (DOE) has given its fourth blessing for a liquefied natural gas (LNG) project since the return of President Donal J. Trump to the White House, prolonging the timeline to kick off LNG exports from a terminal off the coast of Louisiana, USA.

about 1 year ago
Chantiers de l'Atlantique
Energy Efficiency & Innovation

Chantiers de l’Atlantique collaborates with NAPA to flesh out digital shipyard vision

French shipbuilder Chantiers de l’Atlantique has entered a collaborative agreement with Finnish maritime software provider NAPA to enhance the efficiency of its hull design process by co-developing advanced 3D software and digital workflows.

about 1 year ago
Port of Newcastle strengthens ties with MHI to advance Clean Energy Precinct project
Alternative Fuels

Port of Newcastle strengthens ties with MHI to advance Clean Energy Precinct project

Australia’s Port of Newcastle has signed a formal advisory agreement with Japan’s Mitsubishi Heavy Industries (MHI) to advance its Clean Energy Precinct (CEP) project.

about 1 year ago
Hudong-Zhonghua: CMA CGM’s newest LNG-powered giant wraps up sea trials
Alternative Fuels

Hudong-Zhonghua: CMA CGM’s newest LNG-powered giant wraps up sea trials

The first of four 24,000 TEU LNG dual-fuel containerships ordered by French shipping major CMA CGM at China’s Hudong-Zhonghua shipyard has completed sea trials.

about 1 year ago
Researchers from Observatoire Océanologique de Banyuls-sur-Mer have completed the first environmental sampling mission for the French renewable energy company Solarin Blue’s Méga Sète offshore floatin
Floating Solar

First environmental sampling conducted for offshore floating solar in Sète

Researchers from Observatoire Océanologique de Banyuls-sur-Mer have completed the first environmental sampling mission for the French renewable energy company Solarin Blue’s Méga Sète offshore floating solar project. According to SolarinBlue, the assessment, carried out off the coast of the Port de

about 1 year ago