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Investment companies to collaborate on energy transition projects in Middle East
Clean Fuel

Investment companies to collaborate on energy transition projects in Middle East

Saudi Arabia-based Hassana Investment Company and U.S.-based EIG have signed a memorandum of understanding (MoU) to collaborate on infrastructure and energy transition projects in the Middle East.

about 2 years ago
A large vessel at sea
Fossil Energy

Africa Oil secures regulatory approval for enlargement and offshore license extension in Nigeria

Canadian oil and gas company Africa Oil Corp. has received a set of clearances from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) – one for the amalgamation of its wholly owned subsidiary Africa Oil Papa Corp. and BTG Pactual Holding, and another for the extension of a petroleum mini

about 2 years ago
HGK Shipping
Alternative Fuels

HGK Shipping names new future-fuel-ready, diesel-electric tanker

German shipping company HGK Shipping, a part of integrated logistics group HGK, has held a naming ceremony for its new future-fuel-ready, diesel-electric tanker.

about 2 years ago
FPSO Alvheim; Source: Aker BP
Fossil Energy

Sale of North Sea oil field brings $24 million to Eni’s Vår Energi

Vår Energi, majority-owned by Italy’s Eni, has wrapped up the divestment of its interest in an Aker BP-operated field located in the Norwegian sector of the North Sea.

about 2 years ago
Acteon has partnered with Applied Fiber under a memorandum of understanding (MoU) to advance mooring solutions across global offshore sectors, from oil and gas to floating offshore wind.
Fossil Energy

Acteon and Applied Fiber join forces for advanced offshore mooring solutions

Acteon, through its Moorings and Anchors business line InterMoor, has partnered with the U.S.-based Applied Fiber under a memorandum of understanding (MoU) to advance mooring solutions across global offshore sectors, from oil and gas to floating offshore wind. The MoU is expected to see the partners

about 2 years ago
Mitsui E&S to provide equipment for Japan’s ‘first’ offshore hydrogen station
Alternative Fuels

Mitsui E&S to provide equipment for Japan’s ‘first’ offshore hydrogen station

Japan’s Mitsui E&S has received an order from compatriot Tsuneishi Corporation for a VD4-250GH-OL high-pressure, high-flow hydrogen compressor for use in what is said to be Japan’s “first” offshore hydrogen station.

about 2 years ago
Prime Minister (Acting), Minister of Energy and Energy Industries, Stuart Young, toured the Mento platform at the TOFCO fabrication yard on October 23; Source: BP
Fossil Energy

BP and EOG look forward to first gas as countdown for sail-away of new offshore platform begins

BP is anticipating the sail-away of a new offshore platform over the next few weeks as final touches continue to be added to prepare the platform, destined for work off the coast of Trinidad and Tobago.

about 2 years ago
Avance Gas
Clean Fuel

Avance Gas kick-starts VLGC deliveries to BW LPG as part of $1B deal

Norwegian ship owner and operator Avance Gas Holding has delivered the first very large gas carrier (VLGC) to Singapore-based counterpart BW LPG as part of the $1 billion sale unveiled in mid-August 2024.

about 2 years ago
US-German project developing low-cost subsea energy storage gets $7.7M boost
Grid

US-German collab gets $7.7M boost for development of low-cost subsea energy storage

U.S. and German governments are supporting two projects that have a mutual goal of developing a low-cost subsea energy storage technology that supports electrical grid decarbonization with funding of $7.7 million. The U.S. Sperra, dedicated to pioneering the next generation of renewable energy solut

about 2 years ago
TOWT
Green Marine

TOWT christens first sailing cargo vessel, lays keel for the third ship

French sailing freight transport company TransOceanic Wind Transport (TOWT) has achieved milestones in the construction of its sailing cargo ships with a christening ceremony for the first vessel Anemos, and a keel-laying ceremony for the third ship in this series, Atlantis.

about 2 years ago
Topaz Driller rig; Source: Vantage Drilling
Fossil Energy

Two jack-up rigs change hands

Vantage has bolstered its managed services by divesting two jack-up rigs, which enable ADES to expand its rig fleet.

about 2 years ago
Munin utility module; Source: Aker BP
Fossil Energy

North Sea-bound 2,900-ton module for offshore platform all set to sail away toward gas project

Aker BP has confirmed the completion of a utility module’s construction phase a year after the first steel was cut for a platform, which is destined to be deployed at its gas development project in the North Sea off the coast of Norway.

about 2 years ago
A rendering of a FPSO vessel
Fossil Energy

Hanwha Ocean’s standardized FPSO concept wins double blessing

South Korea’s shipbuilder Hanwha Ocean has received approvals in principle (AIP) for the preliminary front-end engineering design (pre-FEED) of a standard floating production storage and offloading (FPSO) facility from two classification societies, the United States’ ABS and France’s BV.

about 2 years ago
fuels
Clean Fuel

European shipowners, T&E call on EU to make energy transition of shipping a priority

European Community Shipowners’ Associations (ECSA) and European green transport group Transport & Environment (T&E) have called upon EU leaders to prioritize clean fuel production as part of the upcoming Clean Industrial Deal.

about 2 years ago
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