All
BGN surfaces as owner behind order for two VLGCs from HHI
Dubai energy trader BGN has emerged as the owner behind the order for the construction of two Very Large Gas Carriers (VLGCs) at Hyundai Heavy Industries. HHI’s parent company HD KSOE announced the deal in a stock exchange filing in mid-January. The deal is said to be worth KRW 310 billion ($235 mil
Mabanaft to supply TUI Cruises ships with green methanol in Northern Germany
Hamburg-based energy company Mabanaft has signed a Memorandum of Understanding (MoU) with compatriot cruise company TUI Cruises to supply green methanol in the future.
First steel cut for Shell’s new Gulf of Mexico FPU – gallery
Seatrium has cheered the first steel fabrication milestone for the construction of a new FPU for Shell’s Gulf of Mexico project.
Tokyo Gas and partners to work on LNG-to-power project in Vietnam
Japanese companies Tokyo Gas and Kyuden, along with Vietnam’s Truong Tan Vietnam Group, have established the Thai Binh LNG Power joint venture (TBLP) to work on an LNG-to-power project in Thai Binh Province, Vietnam. The venture will develop, construct and operate a floating LNG import terminal and
Highest level of UK coastguard approval for latest autonomous vessel to join Fugro’s fleet
Fugro has expanded its uncrewed surface vessel (USV) fleet with the addition of a new Blue Essence vessel which has received the highest level of UK coastguard approval. Fugro Vaquita has joined Fugro’s 12-meter Blue Essence USV fleet and has earned Category 0 approval from the UK Maritime Coastguar
McDermott and Baker Hughes install subsea infrastructure for Inpex off Australia
A consortium of McDermott and Baker Hughes has completed the installation of subsea infrastructure for Inpex its gas field located offshore Australia. Awarded to the consortium in 2019, the subsea infrastructure development project for the Ichthys field included engineering, procurement, constructio
Ørsted contracts Jan De Nul for export cable installation
Ørsted and Jan De Nul Group have signed the offshore export cable installation contract for the 2.9 GW Hornsea 3 offshore wind farm in the UK. This is the first offshore HVDC installation contract awarded by Ørsted in the UK, the company said. Belgium-headquartered Jan De Nul Group will be responsib
CNOOC’s plans for 2024: Upping hydrocarbon production, natural gas exploration, and green power ante
CNOOC plans to step up oil and gas production and scale up natural gas exploration activities while pursuing its energy transition agenda.
Japan to launch first ammonia-fueled ammonia gas carrier in 2026
Four Japanese companies — Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems, and Nihon Shipyard — have signed a series of contracts to build the world’s first ammonia-fueled medium gas carrier (AFMGC) equipped with Japan-made engines.
Italy welcomes hydrogen refuelling infrastructure for recreational boating
A €100 million green hydrogen refuelling infrastructure for recreational boating, a project led by NatPower H, part of the NatPower group, is set to see its first station installed in Italy by the summer of 2024. According to NatPower H, the project, which aims to install a total of 100 refuelling s
ESL Shipping has a robust plan to achieve net zero by 2040
Finland-based shipping company ESL Shipping has joined the Science Based Targets initiative (SBTi), committing to setting both near-term and long-term science-based emission reduction targets aligned with the goal of limiting global warming to 1.5°C above pre-industrial levels. In 2021, ESL Shipping
Red Sea crisis: Missile attacks prompt Maersk subsidiary to halt transits, as emissions surge due to rerouting
Two U.S.-flagged containerships, Maersk Detroit and Maersk Chesapeake, operated by Maersk Line, Limited, a U.S. subsidiary of A.P. Moller-Maersk, were targeted by anti-ship missiles while transiting the Bab el-Mandeb on January 24, 2024. The attacks were confirmed by Maersk saying that the two vesse
New CEO taking the reins at SBM Offshore
SBM Offshore has disclosed the departure of its current CEO and Chair of the management board along with the appointment of his successor.
Panama Canal gets its first-ever chief sustainability officer
The Panama Canal has appointed its first-ever Chief Sustainability Officer (CSO) who will drive the waterway’s environmental sustainability agenda.