Shell believes that the energy transition is more than just reducing carbon emissions, but is a “political balancing act, requiring government-led policies.” Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a PREMIUM Subscriber Do not want to miss …
Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) has revealed its goal to achieve net-zero greenhouse gas emissions by 2050 with the help of technology, employing carbon capture and storage (CCS), zero routine flaring and renewables to forge a sustainable asset portfolio and curb emissions. The Thai …
Norway’s Aker Clean Hydrogen and Aker Horizons will merge to strengthen the integration of hydrogen production with downstream applications in large-scale hybrid decarbonisation projects. Illustration; Courtesy of Aker On 30 March, Aker Clean Hydrogen announced a merger plan with Aker Horizons. The units are to combine in an all-stock merger …
Norway-based offshore vessel operator Eidesvik Offshore has inked a new contract for one of its recently upgraded platform supply vessels (PSVs) with the Norwegian state-owned giant, Equinor. Eidesvik reported on Wednesday that it has been awarded a contract with Equinor for the PSV Viking Prince. The new deal is scheduled to start …
French LNG containment specialist GTT has received an order from the Korean shipyard Hyundai Samho Heavy Industries for the fuel tank design of three LNG-fueled container vessels for the Singapore-based shipping company Eastern Pacific Shipping (EPS). Illustration; Courtesy of Eastern Pacific Shipping These three new vessels will each have a …
A number of ports in Northern Europe and the Baltic Sea have formed a climate action partnership with the Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping to initiate the new European Green Corridors Network. The zero-carbon shipping centre is building the foundation of the green corridors network with the …
Floating Power Plant (FPP) and TechnipFMC have been selected by a UK offshore operator to perform a concept select study for the electrification of North Sea oil and gas platform with wind, wave, and hydrogen-based renewable energy system. Illustration/FPP’s hybrid floating wind and wave platform (Courtesy of FPP) The concept …
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has applied for the Specified Vessel Introduction Plan with Japan Marine United Corporation (JMU) to introduce vessels with excellent environmental performance. The shipping company is working on the introduction of vessels with excellent environmental performance (specified vessels), based on the Maritime Industry Strengthening …
U.S. LNG engineer Chart Industries has received an order for the production of six brazed aluminum heat exchanger assemblies and cold boxes for Venture Global’s Plaquemines LNG project. Courtesy of Venture Global LNG Chart booked the equipment order of $45 million from Baker Hughes. This order is specifically for the …
UK-based energy company Avenir LNG has acquired the shareholdings of its minority partners in HIGAS, thus becoming the sole owner of the Italian small-scale LNG terminal. Courtesy of Reganosa The minority partners were CPL Concordia from Concordia sulla Secchia, and Gas and Heat from Livorno. Higas owns and operates an …
U.S. firm Energy Transfer and Chinese energy company ENN have entered into two 20-year LNG sale and purchase agreements related to the Lake Charles LNG project. Courtesy of Lake Charles LNG Under the two SPAs, Energy Transfer LNG will supply 1.8 million tonnes per year of LNG to ENN Natural …
Danish shipping giant Maersk and Egyptian authorities have signed a partnership agreement to jointly explore the establishment of large-scale green fuel production in the country in the pursuit of net-zero shipping. Following the recent fuel sourcing deals, Maersk signed a Memorandum of Understanding (MoU) with the authorities’ representative in the …