
South Korean shipbuilder HD Hyundai Mipo has received approval in principle (AiP) from classification society ABS for its design development of a 30,000 cubic meter (cbm) LNG carrying and bunkering vessel.

BP has taken steps to expand its natural gas arsenal in the Mediterranean Sea by striking a deal with Egypt for a multi-well drilling campaign, which is expected to yield new finds that will prolong the lifespan of existing production facilities in the West Nile Delta.