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South Korea’s Kogas plans $890 million LNG bunkering, hydrogen investment
News

South Korea’s Kogas plans $890 million LNG bunkering, hydrogen investment

South Korean LNG importing giant Kogas plans to invest 1 trillion won ($890 million) by 2025 in liquefied natural gas and hydrogen fueling projects. KOGAS, the world’s second-largest corporate LNG buyer, said in a statement on Wednesday it plans to invest “heavily” in LNG bunkering infrastructure to

about 8 years ago
Singapore’s Sembcorp wraps up Sevan Marine deal
News

Singapore’s Sembcorp wraps up Sevan Marine deal

Singapore’s Sembcorp Marine has completed the acquisition of intellectual property rights of Norway-based Sevan Marine. Sembcorp’s unit Sembcorp Marine Integrated Yard bought the interests and title to all of Sevan Marine’s intellectual property, 95 percent equity interest in HiLoad LNG, as well as

about 8 years ago
Greek Seamen Prolong Strike after Turning Down New Proposal from Shipowners
News

Greek Seamen Prolong Strike after Turning Down New Proposal from Shipowners

The Panhellenic Seamen’s Federation has extended its strike for another 24-hours.

about 8 years ago
Storm Gordon shuts 9 pct of Gulf of Mexico oil output
News

Storm Gordon shuts 9 pct of Gulf of Mexico oil output

Over 9% of the current oil production in the Gulf of Mexico has been shut-in.

about 8 years ago
Typhoon Jebi Smashes Japanese Tanker into Airport Bridge
News

Typhoon Jebi Smashes Japanese Tanker into Airport Bridge

Japanese tanker smashes into Kansai International Airport bridge.

about 8 years ago
Dominion secures commitments for $3 billion Cove Point loan
News

Dominion secures commitments for $3 billion Cove Point loan

US LNG operator Dominion Energy has secured commitments totaling $3 billion from over 20 lenders for its Cove Point term loan facility. The three-year, non-amortizing facility is expected to close and fund later this month. Initial drawn pricing for the term loan is set at Libor plus 1.375%, accordi

about 8 years ago
Petrobras sees lower output over Roncador stake sale
News

Petrobras sees lower output over Roncador stake sale

Petrobras reports that its total production of oil and gas, including natural gas liquids in July 2018 was 2.60 mboed.

about 8 years ago
Torgy LNG and Cosco in LNG tank deal
News

Torgy LNG and Cosco in LNG tank deal

Norway-based Torgy LNG has signed a deal with China’s Cosco Shipping Heavy Industry to build a liquefied natural gas (LNG) tank mock-up as a pilot project. The mock-up will help Torgy LNG to provide “package services to the potential user including the supply of IMO A type LNG tank, FGSS,” according

about 8 years ago
Finland’s First Offshore Wind Farm One Year Old
News

Finland’s First Offshore Wind Farm One Year Old

The Tahkoluoto offshore wind farm in Finland, the world’s first built for icy conditions, has marked one year since inauguration.

about 8 years ago
Finland’s First Offshore Wind Farm One Year Old
News

Finland’s First Offshore Wind Farm One Year Old

The Tahkoluoto offshore wind farm in Finland, the world’s first built for icy conditions, has marked one year since inauguration.

about 8 years ago
Westwood: Exxon’s new discovery opens new 10 billion barrel oil province
News

Westwood: Exxon’s new discovery opens new 10 billion barrel oil province

Energy intelligence group Westwood takes a closer look at Guyana following ExxonMobil’s ninth offshore discovery in the country.

about 8 years ago
Consortium to develop new containerships
News

Consortium to develop new containerships

Dubai-based Zaitoun Green Shipping has initiated, together with six major marine industry players, a consortium to collaborate in developing new levels of performance and environmental efficiency for container vessels. Each member of the consortium has an important role in developing and building “s

about 8 years ago
Offshore safety body spots irregularities during Gudrun audit
News

Offshore safety body spots irregularities during Gudrun audit

Norwegian offshore safety watchdog has found irregularities during an audit of Equinor’s Gudrun field.

about 8 years ago
Minesto names its first utility-scale marine energy kite
News

Minesto names its first utility-scale marine energy kite

Minesto has named its first utility-scale marine energy kite (DG500) Barcud Gwyrdd, which is Welsh for Green Kite.

about 8 years ago
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