Japanese shipping major Kawasaki Kisen Kaisha (K Line) has entered into bareboat and time charter contracts with Northern Lights JV DA for two 7,500 m3 liquefied CO2 ships under construction in China. China’s Dalian Shipbuilding Industry Co. (DSIC) launched the construction of the two LNG-powered, w
UK energy market regulator Ofgem has withdrawn the cap and floor regime awarded in principle for a 1.4 GW interconnector due to the project having encountered “significant delays”.
QatarEnergy, TotalEnergies, and Petronas have been awarded an offshore exploration block in Brazil.
Regulator has laid charges against Suncor Energy related to an incident from 2019 on an FPSO off Canada, in which a worker was injured.
Clean energy company Iberdrola Australia has partnered with hydrogen developer ABEL Energy for a green hydrogen and green methanol project at the Bell Bay production facility, known as the Bell Bay Powerfuels Project, in northern Tasmania. Iberdrola said that the total estimated capital requirement
Guangzhou Yuanhai Car Carrier Transportation, a joint venture recently set up by Cosco Shipping Specialized Carriers, SIPG Logistics and Anji Logistics, has placed an order for six 7,500 CEU dual-fuel LNG car carriers. The vessels will be built by Fujian Shipbuilding’s Xiamen Shipbuilding Industry a
Scana-owned PSW Technology has signed an agreement with offshore drilling contractor Northern Ocean Operations for the sale of a complete marine riser system for ultra-deep-water operations. The contract includes project management, inspection, repair and logistics of the marine riser system. Work s
Bermuda-based bulk carrier company Himalaya Shipping has entered into a time charter agreement with an undisclosed ‘major’ Japanese counterpart for one vessel under construction at New Times Shipbuilding in China. Under the agreement, the vessel will commence a two-year time charter upon delivery fr
The Biden-Harris Administration, through the U.S. Department of Energy (DOE), has revealed its intent to issue $750 million in funding from President Biden’s Bipartisan Infrastructure Law to reduce the cost of clean hydrogen technologies. The funding is seen as a crucial component of the Administrat
In the final round of talks over the weekend, the EU Council and the European Parliament hammered out a provisional political agreement on legislative proposals of the ‘Fit for 55’ package that aim to further reduce emissions and address their social impacts. The ‘Fit for 55’ package is aimed at ena
Norwegian oil and gas company Aker BP has awarded Subsea 7 with three contracts for the delivery of equipment and installation services for projects located offshore Norway. Subsea 7 confirmed the award of a “major” contract for the Yggdrasil field development project, formerly NOAKA, a “large” cont
UK’s regulator North Sea Transition Authority (NSTA) has fined EnQuest, Equinor, and Spirit Energy a total of £265,000 or $322,437.
Norway’s cleantech company TECO 2030 has received its first future funnel purchase order, valued at NOK 5.5 million (€0.5 million), from an undisclosed European shipowner. The estimated delivery of the future funnel, TECO 2030 Model 8, is at the end of Q1, the beginning of Q2 2023, and TECO 2030’s t
Eco (Atlantic) Oil & Gas has secured all the required approvals for the acquisition of an additional interest in a block off South Africa.
