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Key milestone for Congo LNG project as Eni’s Tango FLNG receives first gas
Italian oil and gas company Eni has introduced the first gas into the Tango floating LNG (FLNG) facility moored in Congolese waters. Eni revealed this ‘key milestone for the Congo LNG project’ on December 28, 2023, noting that gas introduction has been achieved in record time – only twelve months af
New deal bolsters NFE’s presence in Brazil
U.S. energy company New Fortress Energy (NFE) has signed a definitive agreement to acquire a 1.6 GW capacity reserve contract (PortoCem PPA) from Ceiba Energy that will be transferred to new power assets connected to NFE’s existing LNG terminals in Brazil, enabling NFE to become “leading LNG-to-powe
AD Ports finalizes deal to develop new Red Sea port terminal
AD Ports Group has signed a definitive concession agreement with the Red Sea Ports Authority (RSPA) for the development and operation of a multi-purpose terminal at Safaga Sea Port.
Mawani, MSC’s MEDLOG join forces on $40 million logistics park in Saudi Arabia
The Saudi Ports Authority (Mawani) and MEDLOG, the logistics arm of the Swiss Mediterranean Shipping Company (MSC), have signed an agreement to establish the first-ever integrated logistics park and re-export zone at Dammam’s King Abdulaziz Port in Saudi Arabia.
Türkiye-built subsea vessel to get Nekkar crane
Nekkar’s subsidiary Techano Oceanlift has secured a contract with a Turkish shipyard worth approximately €6.5 million to deliver an offshore crane to a newbuild subsea IMR/survey vessel. Techano Oceanlift will supply a 150-tonne knuckle boom crane capable of performing subsea construction and topsid
45 yards included in the renewed EU list of ship recycling facilities
The European Commission adopted the 12th edition of the European List of ship recycling facilities featuring 45 yards. The updated list renews the inclusion of two yards located in Türkiye and one yard located in the USA, after 5 years on the list. These include Leyal Gemi Söküm Sanayi ve Ticaret Lt
Construction starts on Eastern Pacific Shipping’s new oil tanker in China
Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corporation, has held a steel-cutting ceremony for an oil product tanker owned by Singapore-based ship management company Eastern Pacific Shipping (EPS).
With acquisition of stakes in three blocks, Petrobras to resume exploratory ops in Africa
Brazilian state-owned oil and gas giant Petrobras is set to acquire stakes in three exploratory blocks in São Tomé and Príncipe in Africa through a competitive process conducted by Shell. Petrobras reported on December 27 that its Board of Directors had approved the company’s operations in São Tomé
Petronet LNG to set up LNG terminal on east coast of India
Indian LNG importer Petronet LNG Limited (PLL) has signed binding transaction documents with Gopalpur Ports to set up its maiden LNG terminal on the east coast of India. According to Petronet LNG’s social media update, sub-concession agreement, sub-lease deed, and port service agreement with Gopalpu
QatarEnergy scores five-year crude supply deal with Shell
Qatar’s state-owned oil and gas company QatarEnergy has entered into a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore (Shell). Commencing in January 2024, the deal encompasses the supply of up to 18 million barrels annually of Qatar Land and Qatar Ma
PosHydon project nearing first hydrogen production, Neptune Energy says
Offshore hydrogen project PosHydon is entering its final stage with the first hydrogen expected to be produced in the second half of 2024, René van der Meer, Head of New Energy Development at Neptune Energy, revealed during the Offshore Energy Exhibition & Conference (OEEC) 2023. PosHYdon, an initia
MSC containership attacked in Red Sea amid liners’ gradual return to strategic waters
MSC United, a Post Panamax containership owned by Swiss-based Mediterranean Shipping Company (MSC), was attacked while transiting the Red Sea. The attack was confirmed by the Yemeni Armed Forces’ Spokesperson Yahya Sare’e, saying that the ship was targeted by naval missiles. The statement reiterated
UK oil & gas firm buys into license off Equatorial Guinea in ‘potentially transformational deal’
UK-headquartered Europa Oil & Gas has entered into a license offshore Equatorial Guinea with the acquisition of an equity interest in Antler Global. Europa Oil & Gas has acquired a 42.9% equity interest in Antler Global which holds an 80% working interest in the recently acquired and highly prospect
Brazil joins Clean Energy Marine Hubs Initiative
The government of Brazil has joined the Clean Energy Marine Hubs Initiative (CEM Hubs), an international public-private platform between energy, maritime, shipping and finance communities.