All
HD KSOE resumes winning streak with order for VLGC pair
In a remarkable start to the new year, HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has reaffirmed its industry dominance by securing an order for the construction of two Very Large Gas Carrier (VLGC) ships. The undisclosed shipping company based in the Middle East placed the order, va
US comes up with new emissions fee for oil & gas industry in methane clampdown
The U.S. Environmental Protection Agency (EPA) has set out to curb methane emissions from the oil and gas industry with a new proposed rule.
Mitsui, Celanese joint venture starts CO2-to-methanol production
Fairway Methanol, a U.S.-based 50-50 joint venture (JV) between Japan’s Mitsui & Co. and U.S. Celanese Corporation, has begun the production of methanol by using carbon dioxide (CO2) emitted from plants surrounding the venture’s facility. According to Mitsui, Fairway Methanol is expected to capture
Singapore’s Rex picks London-based corporate finance advisor for West African oilfield
Rex has engaged Hannam & Partners (H&P) as its exclusive corporate finance advisor concerning its recently awarded PSC offshore Benin.
US player’s natural gas storage arsenal fortified with additional Gulf Coast assets
Williams has enriched its natural gas storage capabilities by putting the finishing touches on an acquisition of six Gulf Coast assets.
Red Sea crisis escalation: US-UK airstrikes, Houthis’ vessel attacks, spike in oil prices, and tanker trade slowdown
Recent events in the Red Sea have added fuel to the growing fears about the possibility of a wider conflict breaking out across the Middle East, prompting further concerns over oil flows, supply chains, and energy prices in the region and beyond.
Interview: LNG greasing the energy transition wheels – Black & Veatch’s take on low-carbon future
Black & Veatch’s President of Asia Pacific and India spotlighted accelerated LNG production as a critical piece of the decarbonization puzzle.
MAN ES to supply 48 dual-fuel engines to Karpowership
Engine powerhouse MAN Energy Solutions has signed a contract with Turkish powership builder and owner Karpowership for the delivery of a total of 48 dual-fuel engines for Karpowership’s fleet of power plant ships. The engine order consists of MAN 18V51/60DF dual-fuel engines with a mechanical output
QatarEnergy linked to $2.4 billion deal for 8 Q-Max LNG carriers, set to be world’s largest
Qatar’s LNG heavyweight QatarEnergy has sealed a contract with Chinese shipbuilder CSSC Hudong Zhonghua shipbuilding for the construction of eight Q-Max ultra-large LNG carriers, according to broker reports. Valued at over $2.4 billion, these cutting-edge vessels, part of QatarEnergy’s “Hundred Ship
Pertamina expands fleet with VLGC duo as it targets addition of six gas carriers in 2024
Indonesia’s Pertamina International Shipping (PIS) has welcomed into the fleet two Very Large Gas Carriers (VLGC), optimized for transporting LPG and petrochemical commodities such as ammonia. The twin tankers, each spanning twice the length of a football field, were constructed at Hyundai Samho shi
Inpex to increase stake in Ichthys LNG project
Japan’s energy company Inpex Corporation is planning to enter into an agreement with Tokyo Gas in relation to the acquisition of the participating interests (1.575%) held by Tokyo Gas in the Ichthys LNG project, through Tokyo Gas Australian project subsidiaries. Through this acquisition, Inpex said
Prep begins for Scottish subsea link’s converter station construction
Enabling work has started in Peterhead for the proposed converter station for the Eastern Green Link 2 (EGL2) subsea electricity superhighway between Scotland and England. The joint venture project between SSEN Transmission and National Grid Electricity Transmission will see around 440 kilometers of
ICTSI commits to net zero GHG emissions by 2050
International Container Terminal Services (ICTSI), a port management company based in Manila, the Philippines, is taking a significant step towards a more sustainable future by committing to achieve net zero greenhouse gas (GHG) emissions for its Scope 1 and 2 emissions by 2050.
Jacket and topside built for TotalEnergies’ gas project on their way to Argentina – gallery
Rosetti Marino has bid goodbye to a new jacket and topside, which embarked on a trip to their final destination to be installed at TotalEnergies’ gas project off the coast of Terra del Fuego in southern Argentina.