Ports & Infrastructure
Mitsui greenlights $40 million investment in Port of Nigg
An investment of over GBP 30 million (around $40 million) in new facilities that will support offshore wind construction at the Port of Nigg in Scotland has received final approval by Maraen, a new integrated energy infrastructure brand launched by Mitsui & Co. Europe and Mitsui O.S.K. Lines (MOL),
South Asia’s $107 billion LNG gamble facing finance and energy supply threats amid Middle East conflict
With instability and vulnerabilities looming across global markets and power systems in the wake of the U.S. and Israeli attack on Iran, South Asia’s planned multibillion-dollar liquefied natural gas (LNG) infrastructure expansion is exposed to economic and energy security risks, according to Global
Aker Solutions bags FEED contract for Lithuanian CO2 terminal
Lithuanian liquefied natural gas (LNG) terminal operator KN Energies has awarded Aker Solutions with a front-end engineering and design (FEED) contract for its CO2 transshipment terminal infrastructure project in Klaipėda. The planned terminal is expected to have a capacity of approximately 2.8 mill
Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms
As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned that oil prices could surge past $100 a barrel (bbl), if flo
AD Ports and Nimex break ground on LPG terminal hub at Khalifa Port
UAE-based terminal operator AD Ports Group and Nimex Terminals, an affiliate of the global trading organization Nimex Petroleum Group, have broken ground on what is said to be the UAE’s first private-sector liquified petroleum gas (LPG) terminal hub, located at Khalifa Port. The LPG terminal hub, an
Consortium selected to lead Vietnam’s largest LNG power project
A consortium of South Korea’s SK Innovation, PetroVietnam Power Corporation (PV Power), a subsidiary of Vietnam’s state-run PetroVietnam group, and Vietnamese company NASU has been selected as the project developer for Vietnam’s largest LNG power project. Valued at approximately $2.3 billion, the Qu
Port of Immingham becomes home to UK’s first commercial biomethanol bunkering service
The UK’s first commercially ready bio-methanol storage and supply service for shipping has been launched at the Port of Immingham, the largest port by cargo volume in the UK, as part of efforts to advance decarbonization in maritime transport. The three-partite partnership of Exolum, Methanex Corpor
Karpowership’s affiliate dishes out millions to take over Seatrium’s US shipyard
With the completion of a multimillion-dollar sale deal, Seatrium has handed over a shipyard in Texas to Karpower Valley, a related party of Türkiye’s floating power plant company Karpowership, to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities.
Clean energy security pact formed to explore CCS shipping corridors in North Sea
Four European port and infrastructure players have partnered up to study the potential of carbon capture and storage (CCS) shipping corridors between Northern Europe and the UK, as well as share experience and understanding for the “new but crucial energy transition area”. Two memorandums of underst
Newbuild Dutch multifunctional workboat to hit the market in September
Dutch Van Wijngaarden Marine Services has signed a contract with compatriot shipbuilder and designer Neptune Marine for the construction of an EuroCarrier that will be capable of performing survey and geotechnical services, among other things. The new EuroCarrier 2712 – DP1 – TIER III, to be named M
Port of Rotterdam: ABB to power world’s largest shore power project
ABB has secured contracts with Rotterdam Shore Power (RSP), a joint venture of Port of Rotterdam and Eneco, to engineer and construct shore power systems comprising multiple installations for the Port of Rotterdam. Based on the total capacity of over 100 megavolt-amperes (MVA), the combined shore po
Readers’ choice: Offshore Energy’s most-read news in 2025
As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks
Odfjell presses play for Brazil-Europe green corridor as new zero-emission shipping step
Norway-headquartered Odfjell Group, a player in seaborne transportation and storage of chemicals and other specialty bulk liquids, has bankrolled and put into operation mode what it describes as the first operational green shipping corridor between Brazil and Europe.
EU-funded study to asses feasibility of Panama-Spain green shipping corridor
London-based environmental, energy and engineering consulting company Ricardo is leading a study that investigates the feasibility of a green shipping corridor between Panama and Algeciras, Spain, aiming to decarbonize maritime trade and modernize global connectivity. The study is funded by EU deleg