All
‘Largest’ oil export project in US waters greenlighted: Smooth sailing or more legal action on the horizon?
A deepwater port license has been issued for a project that is said to be the largest oil export project in U.S. history.
Fluxys to take charge of hydrogen network in Belgium
Federal Energy Minister Tinne Van der Straeten has appointed Fluxys as operator for the development and management of a hydrogen transmission grid in Belgium.
MOL obtains another transition-linked loan
Japanese shipping company Mitsui O.S.K. Lines (MOL) has decided to raise funds through a syndicated transition-linked loan using the performance-based interest subsidy system based on Japan’s Act on Strengthening Industrial Competitiveness.
New Chinese e-tug to sport Schottel’s equipment
German propulsion system manufacturer Schottel has been contracted to provide two RudderPropellers type SRP 360 in the LE-Drive variant for Guangzhou Port Group’s latest e-tug.
Equinor all set to kick off drilling ops with Transocean rig
Equinor has received consent to embark on offshore drilling activities with one of Transocean’s rigs in the Barents Sea.
Significant offshore wind growth brings Fugro strong start of the year
In what is described as a “strong start of the year”, Dutch geo-data specialist company Fugro reported a 9% revenue growth for Q1 2024 compared to the same period last year, said to be due to ongoing significant growth in offshore wind projects. Revenue in the first quarter was €503.2 million, a 9%
New Japanese alliance looking into ammonia supply chain in Hokkaido
Japanese companies have started a joint study for the establishment of an ammonia supply chain based in the Tomakomai area of Hokkaido.
EU Net-Zero Industry Act approved, clean shipping fuels included
On April 25, the European Parliament approved the Net-Zero industry Act to bolster EU production in technologies needed for decarbonization.
Danish shipowner orders eight hybrid methanol dual-fuel tankers in China
Denmark-based shipping company MH Simonsen has placed an order for eight hybrid-electric methanol dual-fuel chemical tankers at China’s Jiangxi New Jiangzhou Shipbuilding.
With CFO on the move, Aker Carbon Capture picks interim one
As its current CFO steps down from the role, Norway’s Aker Carbon Capture has appointed an interim CFO, who will take the reins in 2Q 2024.
‘Major’ oil player books jack-up rig for drilling gig offshore Qatar
ADES Holding Company has secured a long-term assignment for one of its jack-up rigs off the coast of Qatar.
Oil & gas production on the rise but Equinor’s profit plummets as energy prices go down
Equinor’s net profit in 1Q 2024 has dropped by 46% compared to the figure recorded in 1Q 2023 amid a downturn in oil and gas prices.
Avenir LNG orders two 20,000 cbm LNG bunker and supply vessels in China
UK-based midstream LNG & BioLNG company Avenir LNG has entered into a shipbuilding contract with China’s Nantong CIMC Sinopacific Offshore & Engineering (SOE) in China, a subsidiary of CIMC Enric, for two 20,000 cbm LNG bunker & supply vessels.
Greek firm completes cable installation for French floating wind pilot project
Greece-based Asso.subsea has completed the cable installation, burial, and protection operations for the Provence Grand Large floating offshore wind project in France. The Provence Grand Large floating offshore wind project is located 17 kilometers off the coast in the Mediterranean Sea, on a 100-me