Underwater technology company Sonardyne has added more work to its existing contract with the Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, for the UK’s first offshore carbon capture and storage (CCS) project. Developed some 75 kilometers east of Flamborough
Foreseeing no financing woes to hinder its progress, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, is eyeing refinancing opportunities for two floating production, storage, and offloading (FPSO) units with new project bonds on t
Qatar’s state-owned oil and gas giant QatarEnergy has chosen Samsung C&T Corporation as the contractor, which will breathe life into a giant carbon capture and sequestration (CCS) project designed to serve the Persian Gulf state’s existing liquefied natural gas (LNG) production facilities.
Norway’s technology company ECOnnect Energy has picked up two preliminary front-end engineering design (pre-FEED) deals for its modular regasification (regas) solution, said to be designed for faster delivery and be more cost-efficient than traditional floating storage and regasification units (FSRU
With the United Kingdom’s government currently at a crossroads as it faces a critical decision over banning new North Sea exploration licenses or embracing a so-called science-backed approach that curbs emissions, Wood Mackenzie, an energy intelligence group, has pointed out that such a decision cou
The European Union (EU) is facing pressure to uphold its methane regulation amid the climate push from 42 institutional investors, with over €4.5 trillion in assets under management, which have warned that backtracking would undermine regulatory certainty and market stability, while also slowing pro
France’s energy giant TotalEnergies has secured a multi-year deal to provide liquefied natural gas (LNG) to South Korea’s HD Hyundai Chemical. This boosts the French player’s LNG sales growth.
Australian energy player Santos has revealed the beginning of production operations related to a floating production, storage, and offloading (FPSO), which is managed by Norway’s BW Offshore and deployed at its project off the coast of Australia’s Northern Territory.
The European Commission’s proposal for the 19th package of sanctions not only deepens the shadow fleet sweep with 180 new vessel listings, but also tightens the energy noose on the Kremlin with a liquefied natural gas (LNG) ban, marking a turning point in the EU’s attempt to wean itself off Russian
On a European footprint expansion quest, Madrid-headquartered Asterion Industrial Partners, an investment management firm, has enlarged its energy portfolio with the acquisition of an interest in a liquefied natural gas (LNG) terminal, described as not only France’s largest LNG receiving and regasif
Wärtsilä has won a multi-year lifecycle agreement for three liquefied natural gas (LNG) carriers with China LNG Shipping (International) Co. Ltd. (CLSICO), which is perceived to be designed to ensure operational reliability, enable flexibility in maintenance scheduling, and optimize the time between
Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has unveiled a purpose-built floating production storage and offloading (FPSO) hull design, which has secured main scantling approval (MSA) from DNV, a Norwegian classification socie
A consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has withdrawn its $18.7 billion non-binding indicative offer for Australia’s energy player Santos.
U.S. energy infrastructure player New Fortress Energy (NFE) has ironed out the terms of a long-term gas supply contract with the government of Puerto Rico, which will enable it to provide liquefied natural gas (LNG) to the Caribbean nation.
