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Baron Oil agrees farm-up for Timor-Leste PSC
UK-based oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of the Chuditch production sharing contract (PSC) offshore Timor-Leste. Baron Oil announced a proposed assignment of a 15% working interest in the TL-SO-19-16 PSC offshore Timor-Leste
UTM Offshore making strides towards Nigeria’s first indigenous floating LNG project
UTM Offshore and Nigerian National Petroleum Corporation (NNPC) have signed a shareholders agreement with Delta State Government for the development of the nation’s first indigenous floating LNG project. Under the agreement, which was hailed as a significant milestone in the development of the proje
Germany greenlights DolWin4, Amprion’s first offshore grid connection
The German Federal Maritime and Hydrographic Agency (BSH) has issued a planning approval decision for the DolWin4 offshore grid connection in Germany’s Exclusive Economic Zone (EEZ) in the North Sea. DolWin4, the first offshore grid connection system being implemented by German transmission system o
Petronas and PTTEP ink multiple deals for Malaysian offshore blocks
Petronas Carigali, a wholly-owned subsidiary of Malaysia’s state-owned energy giant Petronas, has signed multiple agreements with Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) related to the development of two blocks offshore Malaysia. Petronas Carigali and PTTEP sig
H-Line takes delivery of second 210K LNG dual-fuel bulker
CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered a 210,000 dwt LNG dual-fuel bulk carrier to South Korea’s shipping company H-Line Shipping.
CIP and Mexican authorities to collaborate on green hydrogen and maritime fuels project
Copenhagen Infrastructure Partners (CIP), the world’s largest fund manager within greenfield renewable energy, has agreed with Mexican authorities to collaborate on Helax Istmo, a green hydrogen and green maritime fuels project in the Isthmus of Tehuantepec, in Oaxaca, Mexico. CIP will develop the H
SHI secures deal for two ammonia carriers
South Korean shipbuilding major Samsung Heavy Industries (SHI) has won a 310.8 billion won ($240 million) contract to construct two very large ammonia and liquefied petroleum gas (LPG) carriers for a shipping company based in Oceania. The agreement mandates Samsung Heavy to complete and deliver the
Damen embraces innovation with Zeabuz’s tech for autonomous sailing
Dutch shipbuilding company Damen and Norwegian tech provider Zeabuz have joined forces to study new maritime solutions for autonomous sailing.
PXGEO gets access to ‘core technology’ with acquisition of geophysical company
Marine geophysical service provider PXGEO has acquired 100% of the share capital of Oslo-headquartered AmpSeis, a geophysical company said to have developed an advanced ocean bottom node (OBN). PXGEO said that the acquisition of AmpSeis is a step forward in its strategy to be the technology leader i
Australia’s $2 billion Hydrogen Headstart program reaches new stage
On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) has revealed that six applicants have been shortlisted and invited to submit a full application in the next stage of the $2 billion Hydrogen Headstart program. The applicants include: Together, the applicants are
JERA agrees to support adoption of LNG in the Philippines
Japanese energy company JERA has signed an agreement with the Association for Overseas Technical Cooperation and Sustainable Partnerships (AOTS) for system design and other support related to the adoption of LNG in the Philippines. The agreement follows the selection of JERA as the contracted party
Jinling Weihai delivers early Christmas gift to EPS
China Merchants Jinling Shipyard (CMJL) Weihai, also known as Jinling Weihai, has delivered the 7,000-CEU LNG dual-fuel car carrier CMA CGM Indianapolis to Singapore-based ship management company Eastern Pacific Shipping (EPS). The shipbuilder said that the delivery took place 102 days ahead of sche
Baleària adds electric-powered ferry Rusadir to its owned fleet
Spanish ferry company Baleària has bought Rusadir, an electric-powered ferry that has been working for the company since last March. The vessel, which has electric propulsion and dual gas engines, operates on the Malaga – Melilla route. The maritime company thus expands its eco-efficient owned fleet
Singaporean firm enters West African field, reveals redevelopment plans
Akrake Petroleum, a joint venture company of Singapore’s Rex International Holding, has signed a production sharing contract (PSC) for operatorship and a working interest in a field offshore West Africa. The plans include redeveloping the field and restarting production. Akrake Petroleum, a wholly-o