Business & Finance
Sempra and Williams ink preliminary deals to advance US Gulf Coast LNG projects
Sempra Infrastructure, a subsidiary of Sempra, has entered into heads of agreement (HOA) with Williams for the offtake of liquefied natural gas (LNG) and development of associated natural gas pipeline projects to further connect US natural gas supplies in the Gulf Coast region to markets around the
U.S. lays the blame for drone strike on oil tanker off Oman at Iran’s door
Following a drone attack on an oil tanker off the coast of Oman, the U.S. Central Command has put the blame on Iran.
Safe Bulkers returns to Alfa Laval for more scrubbers
Greek shipowner Safe Bulkers has placed an order for additional Alfa Laval PureSOx exhaust gas cleaning systems bringing the number of vessels to be fitted with the systems to 25. The company has just installed its 21st PureSOx scrubber, and four more retrofits are scheduled through the first half o
World’s first promotional platform for financing green hydrogen launched in Germany
German state-owned investment and development bank KfW has launched the world’s first financing platform for tailored financing of infrastructure for green hydrogen and its derivatives. Together with the Federal Ministry for Economic Cooperation and Development (BMZ) and the Federal Ministry for Eco
CMES, BHP and DNV to share voyage data to cut maritime carbon emissions
China Merchants Energy Shipping (CMES), BHP and DNV have signed a Memorandum of Understanding (MOU) to collaborate on industry value chain greenhouse gas (GHG) management. The signing took place in conjunction with the second World Maritime Merchants Forum in Hongkong, organized by CMES. The MOU see
Seadrill makes a comeback on Oslo Stock Exchange
After months of absence, Seadrill, an offshore drilling contractor, has returned to the Oslo Stock Exchange (OSE).
Saipem rigs get new drilling jobs worth $800 million
Saipem has secured multiple new drilling deals in the Middle East and West Africa, which are worth approximately $800 million.
Fincantieri delivers MSC Seascape, the largest and most technologically-advanced ship built in Italy
Italian shipbuilder Fincantieri has handed over MSC Seascape to MSC Cruises at a ceremony held at Fincantieri’s yard in Monfalcone. MSC Seascape is the second ship of the Seaside EVO class, an evolution of the Seaside class and joins the sister ships MSC Seaside and MSC Seaview, which entered servic
Half of the vessels ordered by Danish shipping companies can sail on green fuel
Danish shipping companies have 51 new vessels under construction, and 25 of them can sail on green fuels, according to a new analysis from Danish Shipping, a trade and employer organisation for more than 90 shipowners and offshore companies. Right now, there is a total of orders for 51 new vessels f
INEOS picks structural integrity analysis provider for North Sea platforms
UK-based oil and gas company INEOS has awarded energy services company Kent with a framework contract for the delivery of structural integrity analysis modeling services for its offshore facilities. Under the three-year contract, Kent will deliver the full suite of structural analysis services for I
Valaris rig sets off for Mexico to tackle upcoming drilling gigs
Valaris has revealed that one of its rigs has completed its assignment in the U.S. Gulf of Mexico (GOM) with Murphy Oil and moved to Mexico.
Maersk inks green methanol deal with Carbon Sink
Danish container shipping major A.P. Moller – Maersk has entered into a green methanol partnership with U.S.-based project developer Carbon Sink LLC. The parties have signed a Letter of Intent covering Carbon Sink’s development of green methanol production facilities in the United States. The first
QED Naval collects over €1.7 million as tidal power picks up pace
QED Naval, a Scotland-based tidal energy company, has secured over €1.7 million of funding with 1,152 investors taking part in its Seedrs crowdfunding campaign.
Eastern Pacific Shipping’s product tanker hit by projectile off Oman
Singapore-based ship management company Eastern Pacific Shipping is investigating an incident involving its managed product tanker Pacific Zircon. “Preliminary reports indicate the vessel, carrying a cargo of gas oil, was hit by a projectile approximately 150 miles off the coast of Oman at about 15: