UAE’s integrated gas processing company ADNOC Gas has announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million (AED 1.8 billion) and $700 million (AED 2.5 billion), with JERA Global Markets, a trading subsidiary of Japan’s energy major JERA. ADNOC Gas said the
Texas-based LNG company Excelerate Energy has signed a ten-year contract with Brazilian state-owned oil and gas giant Petrobras to charter the floating storage and regasification unit (FSRU) Sequoia. Under the agreement, which will commence on January 1, 2024, Excelerate will continue to deploy the
Norwegian equipment provider Kongsberg Maritime has delivered a 23% cut in CO2 emissions on the 121-meter passenger vessel, owned by Hurtigruten, a coastal ship operator and adventure travel company.
French LNG containment specialist GTT has received, in the third quarter of 2023, two orders for the tank design of three new liquefied natural gas carriers (LNGCs). The company said the first two LNGCs will be built by the South Korean shipyard HD Hyundai Heavy Industries (HD HHI), on behalf of a E
QatarEnergy and Shell, through their affiliates, have signed two long-term LNG sale and purchase agreements for the supply of LNG from Qatar to the Netherlands. Pursuant to the agreements, up to 3.5 million tons per annum (mtpa) of LNG will be delivered to the Gate LNG terminal in the port of Rotter
Methanol producer and supplier Proman has signed a memorandum of understanding (MoU) with Japan’s Mitsubishi Corporation to examine building a low-carbon ammonia facility in Lake Charles, Louisiana. According to Proman, the proposed plant would produce approximately 1.2 million tons per year of clea
Greece’s MYTILINEOS Energy & Metal has signed a memorandum of understanding (MoU) with South Korean SK E&S to explore means of cooperation in the energy sector. Specifically, under the MoU, the companies agreed to cooperate in the following sectors: To note, MYTILINEOS is already a part of the Asian
The maritime industry must build 80 million gross tonnage (gt) of zero-emission ships each year over the 14-year period from 2027 to 2040 to achieve the indicative checkpoints for 2030 and 2040 developed by the International Maritime Organization (IMO) in its 2023 Greenhouse Gas (GHG) Strategy, acco
Finnish rotor sail manufacturer Norsepower has been selected to provide rotor sails for the third LNG-powered, wind-assisted LCO2 carrier recently ordered by Northern Lights, a joint venture between oil majors Equinor, Shell, and TotalEnergies.
China’s Hudong-Zhonghua Shipbuilding has for the first time witnessed a scene of multiple LNG ships being built at the shipyard at the same time as well as two ships undocking at the same time, marking the overall acceleration of the company’s LNG production capacity doubling strategy. Hudong-Zhongh
UK-based developer of clean energy technology Ceres and Norwegian provider of clean power systems for ocean industries Alma Clean Power have joined forces to work on the demonstration of a solid oxide fuel cell (SOFC) system for the marine market.
The Australian Renewable Agency (ARENA), on behalf of the Australian government, has opened applications for the $2 billion program that aims to catalyze the country’s hydrogen industry. Following consultation with a broad range of key stakeholders, which involved 114 written submissions and three p
Houston-based oil and gas company Marathon Oil has entered into an LNG sales agreement with Glencore for the Alba field in Equatorial Guinea, effective from next year. Through its wholly-owned subsidiaries, Marathon Oil entered into a five-year firm LNG sales agreement with Glencore Energy UK for a
Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) has launched the first LNG dual-fuel liquid ethylene gas (LEG) carrier for German shipowner Hartmann.
