Business & Finance
Höegh LNG’s FSRU Independence to change owner
Lithuanian liquefied natural gas (LNG) terminal operator Klaipedos Nafta (KN) has exercised its option to acquire the floating storage regasification unit (FSRU) Independence from Norway’s floating terminal projects company Höegh LNG. The transfer of ownership is expected to occur in December 2024.
Energean hits gas discovery in waters off Israel
Energean has made a gas discovery with the Hermes exploration well offshore Israel and has moved on to drill the next well in the campaign.
UK gov’t funds consortium eyeing world’s 1st zero-emission multi-fuel station for hydrogen, electric ships
UK gov’t funds consortium eyeing world’s 1st zero-emission multi-fuel station for hydrogen, electric ships
Venture Global and EnBW expand LNG partnership
US liquefied natural gas (LNG) export project developer Venture Global and German energy company EnBW have decided to expand their existing LNG partnership to 2 million tonnes per annum (mtpa). The companies entered into 20-year sales and purchase agreements in June 2022 for 1.5 mtpa of LNG. Now, En
After Poland, Norway’s Equinor also agrees to supply gas to Switzerland
Following an agreement with Poland, Norway’s Equinor has entered into another gas supply agreement, this time with Switzerland.
Kraken Robotics reels in $1.1 million from AquaPix contracts
Canada’s Kraken Robotics has secured $1.1 million in contracts from two customers for its AquaPix synthetic aperture sonar (SAS) systems. The deliveries will go to the UK and Singapore for integration onto small man-portable autonomous underwater vehicles (AUVs). Kraken did not reveal the names of t
Technip Energies hired for FEED work on gas project in Malaysia
PTTEP has picked Technip Energies to perform the FEED work on an onshore gas plant associated with carbon capture in Malaysia.
New UK partnership to assist engineers in overcoming career break bias
Petrofac has teamed with STEM Returners to launch a jobs scheme, which will help engineers return to STEM-related work after a career break.
QatarEnergy sets sights on becoming largest LNG company within ten years
Qatar’s state-owned oil and gas company QatarEnergy has set its sights on becoming the largest liquefied natural gas (LNG) traders in the world within five to ten years. Minister of State for Energy Affairs, the president and CEO of QatarEnergy Saad bin Sherida Al Kaabi underlined this in his speech
Shelf Drilling buys five Noble rigs, gets two-year extension for one
Offshore drilling contractor Shelf Drilling has completed the acquisition of five jack-up rigs from Noble Corporation.
Partners ink agreement for large-scale CCS project in Norway
Horisont Energi and Neptune Energy have signed a project agreement to develop the Errai carbon capture and storage (CCS) project in Norway. The agreement builds on the Memorandum of Understanding (MoU) that was announced at the end of August. The partners are now setting up a project organization to
Allseas turns to Kongsberg Maritime’s hybrid power tech to make its vessels greener
Allseas is fitting three vessels with Kongsberg Maritime’s battery tech and intends to pursue hybrid power solutions for its other vessels.
MOL inks LNG carrier charter deal for Sakhalin II
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a charter contract with Sakhalin Energy LLC, a new operator of Russian liquefied natural gas (LNG) plant Sakhalin II, for the LNG carrier Grand Mereya. The contract for the LNG carrier was signed through a subsidiary company 60% owned by
Green light for Equinor to continue using Floatel unit at North Sea field
Equinor has received consent to use one of Floatel’s mobile accommodation units for an extended period at a North Sea field off Norway.