Subsea boosting could make an immediate increase in production profitably on more than 200 oil projects globally, according to Rystad Energy’s newly launched Subsea Processing Screening Tool. The increase in recoverable reserves for the top 100 projects, out of more than 200 projects identified wher
The City of Antwerp and the City of Bruges in Belgium have reached an agreement to merge their respective ports. The agreement marks the start of a unification process that is expected to take a year to finalise. Once completed, the ports will operate under the name ‘Port of Antwerp-Bruges’. The por
Global Energy Group (GEG) has signed an agreement with ScottishPower’s newly established Green Hydrogen Business to explore the best solution to power the operations at the Port of Nigg with green hydrogen. The companies will undertake a feasibility study to assess the full potential range of proces
Classification society RINA and the Shanghai Merchant Ship Design & Research Institute (SDARI) have signed a joint development project agreement to develop a ship design capable of being fuelled by either ammonia or methanol.
Germany’s propulsion system manufacturer Schottel has delivered propulsion units for nine newly built cargo vessels.
Project promoter of EuroAsia Interconnector has invited cabling players to apply for engineering, procurement, construction and installation (EPCI) job on the HVDC cable system between Israel, Cyprus and Greece (Crete). EuroAsia Interconnector is a multi-terminal VSC-HVDC scheme which will connect I
Indonesia-based PaxOcean’s PT Graha Trisaka Industri shipyard signed a contract with Taiwan Navigation for the construction of five tugboats.
UK port operator PD Ports has announced a new partnership with the Dutch Port of Rotterdam, Europe’s largest port, to deliver digitalised solutions that will improve efficiencies and support the future growth of the River Tees.
Nippon Yusen Kaisha (NYK Line) has concluded a shipbuilding contract with China Merchants Jinling Shipyard (Nanjing) for four LNG-fueled PCTCs.
The U.S. Energy Information Administration reported a drop in weekly LNG exports, while Henry Hub price jumped.
Continuing with the fleet expansion program, U.S.-based ship owner and operator Eagle Bulk Shipping has entered into its second vessel purchase transaction since the start of 2021.
Seabed seismic player Magseis Fairfield has secured a new deep-water 4D OBN monitor survey in the US Gulf of Mexico for a repeat customer. The company plans to carry out the survey with its ZXPLR technology, currently in use for ongoing projects in the same geographical area. Mid-December last year,
Maritime and offshore classification society American Bureau of Shipping (ABS) has granted approval in principle to South Korea’s Hyundai Heavy Industries’ (HHI) design of a floating storage and offloading vessel that is planned for operations in Mexican waters.
French tire manufacturer Michelin has signed a letter of commitment for maritime transport with Neoline, a compatriot shipowner offering carbon-free shipping services.
