Thank you for your continued support and partnership and may the next year bring you health, joy, and success in all your endeavours. As this tumultuous and transitional year draws to an end, the team behind Offshore Energy wishes you a wonderful New Year! Team Offshore Energy Powered by Navingo
Earlier this month, the German consortium has welcomed a new emission-free hydrogen-fueled tugboat Elektra at Berlin’s largest inland port Westhafen. Following the two-year construction at the shipyard Hermann Barthel in Derben, the vessel is now ready for testing, the project partners informed. Since 2016, the consortium has been working on
The energy transition process is moving ahead with each passing day as witnessed in a week behind us with a lot of announcements highlighting the net-zero future. A good example of the will to change comes from CNOOC Petroleum Europe and Flotation Energy, currently involved in a project which would
S&P Global Platts Analytics, a provider of commodities and energy information, expects the Middle East to struggle in its quest to reach the previously announced net-zero targets as emissions from the oil and gas industry are expected to climb for years, while global emissions are set to grow in the period
Malaysia’s state-owned Petronas is anticipating further uncertainty for the oil and gas business as the energy transition sets new challenges and spreads over the sector. In its annual Petronas Activity Outlook (PAO) for 2022-2024, which was released on Tuesday, Petronas offered insights into industry trends, demand outlook and the firm’s
Pacific Ineos Belstaff, the world’s largest very large ethane carrier (VLEC), has been named and delivered in China. Photo: CSSC The naming and delivery ceremony took place at Shanghai Jiangnan Changxing Heavy Industry shipyard on 28 December 2021, China State Shipbuilding Corporation (CSSC), the parent company of the shipyard, said. Pacific
On 28 December, the groundbreaking ceremony was held for the third liquified natural gas (LNG) carrier built by the Chinese shipyard Hudong-Zhonghua Shipbuilding for the leasing entity of the CSSC Group. Groundbreaking ceremony (Courtesy of Hudong-Zhonghua) The ship is the third 174,000 cubic metres LNG carrier built for the leasing
A keel-laying ceremony has been held in South Korea to mark the beginning of the formal construction of the Isle of Man Steam Packet Company’s (IoMSPC) new flagship ferry, Manxman. The keel-laying ceremony for the diesel-electric ferry took place at Hyundai Mipo Dockyard (HMD) in Ulsan on Christmas Eve. The
An analysis of Southeast Asia’s combined oil and gas production in 2021 by the Norwegian energy intelligence firm, Rystad Energy, has shown that the output is not likely to rise above 5 million barrels of oil equivalent per day (boepd) in the post-Covid-19 era. Rystad Energy’s analysis from Thursday shows
Singapore-based energy solutions provider Pavilion Energy, a subsidiary of Temasek, and Chinese city gas distributor Zhejiang Hangjiaxin Clean Energy have signed a term deal for the supply of small-scale LNG from Singapore. Photo: Pavillion Energy Under the agreement, up to 0.5 million tonnes per year (mtpa) of LNG will be