Australian gas producer and GLNG operator, Santos reported record production in the third quarter of 2020, edging up the sales revenue by 2 per cent. Courtesy of Santos Third-quarter production reached 25.1 mmboe, a record for Santos, 22 per cent higher than the prior quarter. The sales revenue for the
Havyard Design & Solution AS, the subsidiary of Oslo-listed Havyard Group, has been chosen as the designer for two new battery-powered ferries to be operated by Fjord1 ASA on inner Sunnmøre, Norway. “Going forward the parties will work closely together to optimize the design for energy-efficient operations, towards a final
Concerns over environmental implications have prompted the French government to step in and delay Engie’s LNG supply deal. Courtesy of Engie Namely, the power major, Engie is close to signing a multi-billion dollar deal for U.S. liquefied natural gas with NextDecade. However, Reuters reports, the government asked the deal to
South Korean shipbuilder Korea Shipbuilding & Offshore Engineering (KSOE) and its shipyard Hyundai Mipo Dockyard (HMD) have received approval in principle (AIP) for the design of a large commercial liquefied hydrogen carrier. The AIP — described as the world’s first for this vessel type — has been granted by the
Australian energy giant Woodside reported a plunge in its third-quarter revenue due to lower realized LNG prices. Courtesy of Woodside Woodside reported sales revenue of $699 million, 9 per cent down on the previous quarter and 42 per cent on the corresponding quarter last year. Commenting on the results, Woodside
Australian energy major, Santos, has completed the final field trial for the Moomba carbon capture and storage (CCS) project. The company said it has injected approximately 100 tonnes of carbon dioxide deep underground into the depleted gas reservoirs. Santos managing director and CEO Kevin Gallagher said the injection occurred earlier
American Bureau of Shipping (ABS) has approved Daewoo Shipbuilding & Marine Engineering’s FLNG hull design. Courtesy of ABS ABS issued an approval in principle for the design of a wide breadth, single row, near-shore LNG floating production storage offloading vessel (FPSO) hull with a jetty-moored system. The AiP is the
Danish investment entity Innovation Fund Denmark has announced the establishment of a consortium to develop a two-stroke, ammonia-fuelled engine for maritime shipping. It aims to specify and demonstrate an entire, marine-propulsion system that will pave the way for the first commercial order for an ammonia-fuelled vessel. MAN Energy Solutions will