The construction of the largest US-built liquefied natural gas (LNG) bunkering barge began at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin on 6 January. Cutting steel for LNG bunker barge; Source: Fincantieri Bay Shipbuilding The barge is being built for the Florida-based marine solutions, transportation and logistics company Crowley that
Japan Petroleum Exploration (JAPEX) will participate in the project to construct an LNG terminal in the northern part of Vietnam. Courtesy of JAPAX On 28 December 2021, JAPEX signed a share purchase agreement with ITECO JSC, a company to promote the project. Thus, it will further proceed with the share
Nakilat, a Qatari LNG shipping operator, has formed a partnership with the classification society American Bureau of Shipping (ABS) with the aim of developing a decarbonisation strategy. Courtesy of Nakilat Nakilat said that its project team has worked with ABS sustainability specialists over the past months to map out decarbonisation
The current CEO of Greek owner and operator of LNG carriers GasLog will retire, while the current CEO of GasLog Partners, the company’s GasLog’s New York-listed spinoff, will take over. Illustration only; Courtesy of GasLog Paul Wogan, chief executive officer of GasLog, has informed the board of directors that he
U.S. LNG project developer NextDecade has delayed the financial investment decision (FiD) on its Rio Grande LNG project once more. Courtesy of NextDecade At the very start of 2022, NextDecade informed it will postpone the Rio Grande LNG project FID once again. According to Reuters, the FID will now take
Energy intelligence provider Westwood Global Energy and its energy transition team gave us their views on the main trends that oil and gas firms should watch in 2022. According to Westwood, these include national decarbonisation targets, the effects of geopolitics on energy transition, the question of financing the transition, corporate
Danish CO2-reduction tech company Haldor Topsøe has signed a €45 million ($50.9m) loan agreement with European Investment Bank to support green hydrogen technologies research. Haldor Topsøe has ambitions to become the global leader in carbon emission reduction technologies by 2024. Thus, it signed this loan agreement with the EIB to
California’s Governor Gavin Newsom unveiled a state budget proposal for the 2022-2023 fiscal year on 10 January, following the revision issued in May 2021 which dedicated $20 million for offshore wind activities. The budget proposed now raises this to $45 million. The $2 billion budget for the Clean Energy Investment Plan
Russia’s natural gas producer Novatek and Chinese energy company ENN have signed a long-term LNG sale and purchase agreement (SPA) for the LNG produced from the Arctic LNG 2 project. Courtesy of Novatek On 11 January 2022, Novatek’s wholly-owned subsidiary Novatek Gas & Power Asia and ENN LNG (Singapore), a
Italian oilfield contractor Saipem has been awarded two new offshore contracts in Australia and Guyana for a total amount of 1.1 billion. Regarding the first contract, Saipem has received the Notice to Proceed (NTP) from Woodside, as the operator for and on behalf of the Scarborough Joint Venture, for a
Maersk has declared options with South Korean shipbuilder Hyundai Heavy Industries (HHI) for an additional four 16,000 TEU methanol-powered containerships. 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 out on
