Luxembourg-based shipping company CLdN ro-ro has ordered two hybrid 8,000 lane meter roll-on/roll-off (RoRo) vessels from South Korean shipbuilder Hyundai Mipo Dockyard (HMD). Photo: CLdN The duo signed a shipbuilding contract on 1 February 2022. Both vessels will be delivered in the first half of 2025, CLdN ro-ro said. As …
German oil and gas company Wintershall Dea has decided to divest its interest in the Gulf of Suez concession after 38 years of production, effective as of 1 January 2022, due to its focus on natural gas as part of the company’s energy transitions strategy. Wintershall Dea announced on Thursday …
Norwegian Innova and the U.S. Teledyne Energy System have partnered to demonstrate the use of hydrogen for local power of subsea control systems. Courtesy of Innova Specifically, the companies conducted validation testing of Teledyne’s Subsea Fuel Cell Supercharger, a hydrogen and oxygen fuel cell electric power source designed to operate …
Russia’s natural gas producer Novatek has secured DNV international certification for long-term CO2 underground storage sites in the Yamal and Gydan Peninsulas. Courtesy of Novatek Specifically, Novatek obtained the first of three stages of the international certification. In addition, it obtained site feasibility certificates for further study of the sites …
U.S. LNG project developer Tellurian says it will start the construction of its Driftwood LNG export facility in April 2022. Courtesy of Tellurian Tellurian is developing the $12 billion Driftwood LNG production and export terminal on the Calcasieu River, south of Lake Charles, Louisiana. Once complete, the terminal will be …
Canadian fuel cell supplier Ballard Power Systems has delivered two, 200 kilowatt (kW) fuel cell modules to Norwegian ferry operator Norled. Courtesy of Norled As informed, the fuel cell modules will power the world’s first liquid hydrogen-powered ferry, the MF Hydra, later this year. MF Hydra will be the first …
Energy major Shell increased its dividend and share buybacks following a jump in its quarterly profit driven by higher oil and gas prices. According to its report on Thursday, fourth-quarter 2021 income attributable to Shell shareholders was $11.5 billion, which included non-cash gains of $3.2 billion due to the fair …
Chinese shipbuilder Hudong-Zhonghua has ordered the tank design for six new LNG carriers (LNGCs) from the French LNG containment specialist GTT. Courtesy of Hudong-Zhonghua Shipbuilding Last month, the Chinese shipbuilder signed its largest LNG carrier shipbuilding order to date with Japanese shipping major Mitsui O.S.K. Lines (MOL). The vessels belong …
Japanese shipping major Mitsui O.S.K. Lines (MOL) has completed a concept study on floating storage and regasification unit (FSRU) for ammonia fuel. Courtesy of MOL MOL conducted the study in collaboration with compatriot shipbuilding company Mitsubishi Shipbuilding, a subsidiary of the Mitsubishi Heavy Industries. Moreover, the parties and Kansai Electric …
Australian players Pilot Energy and Triangle Energy have abandoned their plans under which Pilot would farm out an exploration permit off Australia to Triangle and the two would form the Cliff Head wind and solar joint venture due to an intended refusal of approval by Australian authorities. Triangle entered into …
German engine manufacturer MAN Energy Solutions says dual-fuel retrofits are already proven on MAN B&W low-speed engines and are key towards decarbonisation. Courtesy of MAN ES MAN Energy Solutions notes that the modular design of the conventionally fuelled, low-speed ME-C engine has extensive retrofit options in regard to alternative green …
Norwegian firm Bergen Engines has launched a comprehensive test program towards zero carbon emission engines, allowing a gradual transition from LNG to 100 per cent green hydrogen fuel. Courtesy of Bergen Engines The company has successfully completed the first tests on a B-Series Bergen engine; running on a blend of …