Finnish shipbuilder Rauma Marine (RMC) has started the construction of the first of two RoPax car and passenger ferries that the Australian shipping company Spirit of Tasmania ordered. Courtesy of RMC The shipyard held a traditional steel-cutting ceremony for the Spirit of Tasmania IV in Rauma, Finland on 28 February. …
Australian energy giant Santos has teamed up with South Korea’s green energy company SK E&S on carbon capture and storage (CCS) projects. Illustration only; Courtesy of Santos Santos, SK E&S, K-CCUS Association, CO2CRC, and Korea Trade Insurance Corporation have signed a memorandum of understanding (MoU) to support and collaborate in …
Lithuanian LNG terminal operator Klaipedos Nafta (KN) has approved a decision on the acquisition of the FSRU Independence from Hoegh LNG at the end of its lease agreement in 2024. Courtesy of Klaipedos Nafta Shareholders of KN approved the acquisition of the FSRU Independence as well as the terms for …
Swedish tanker operator Terntank has taken delivery of the second 100% biofuel compatible chemical and product tanker that emits no greenhouse gases or carbon particulates during port operations. Tern Fors, the last in a series of two vessels that combine a dual-fuel powered engine that uses liquefied biogas (LBG) or …
After changing its name to Seapeak, Bermuda-based shipping company Teekay LNG Partners makes additional organizational updates. Courtesy of Seapeak In October, Teekay LNG Partners and Stonepeak entered into a merger agreement. Therefore, Stonepeak had set to buy all the issued and outstanding common units representing limited partner units in Teekay LNG for …
As the Netherlands paces towards fulfilling its ambition of becoming climate-neutral by 2050, its energy system is undergoing substantial change with an increasing share of renewable energy. Surplus electricity produced by offshore wind and other renewables can be used to meet the growing demand for green hydrogen, even in case …
Among numerous energy transition initiatives, the ones that stood out the most this week were enacted by governments which truly do have the power to bring about the long-overdue upgrade to our energy landscape. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content …
U.S. LNG exporter Cheniere said it has appointed the new chief accounting officer. Courtesy of Cheniere On 22 February 2022, the board of directors of Cheniere Energy appointed David Slack as vice president and chief accounting officer. This is effective 28 February 2022. At the moment, he serves as vice …
Following a profit warning in late January 2022, the Italian offshore contractor, Saipem, has revealed details about its revised strategic plan for the period between 2022 and 2025, which includes cutting costs, increasing focus on offshore E&C and drilling, being more selective in projects, and repositioning on low-risk offshore wind …
Japanese shipbuilder Kawasaki Heavy Industries (KHI) said the world’s first liquefied hydrogen (LH2) carrier Suiso Frontier came back to Japan with its first cargo from Australia. Courtesy of HESC On 25 February 2022, the Suiso Frontier returned to Kobe in Japan. Therefore, it delivered the world’s first cargo of liquefied …
Texas-based engineering firm Audubon Engineering Company has won a contract to provide services for a greenfield LNG interconnect on the Louisiana Gulf Coast. Courtesy of Audubon The pipeline project will move between 1.5 and 2.0 billion cubic feet per day (Bcf/d) of gas. This gas will serve as the main …
Russian state-owned shipping company Sovcomflot (SCF Group) has been hit with the newest sanctions imposed by the United States in response to Putin’s “war of choice” against Ukraine. On 24 February, the US took action to respond to Russia’s further invasion of Ukraine by imposing economic costs that are expected …