South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) has secured two orders for the construction of a total of four LNG carriers. Illustration. Image Courtesy: KSOE The first contract, valued at KRW 457.6 billion ($398.2 million), has been signed with an unnamed European shipping company, KSOE revealed in
State-owned Qatar Petroleum has signed a 20-year deal with the Korean Gas Corporation (KOGAS) to supply two million tonnes per annum (mtpa) of LNG to South Korea. Courtesy of Qatar Petroleum Qatar, the largest LNG supplier to South Korea, is currently providing nine mtpa of LNG to the country. The
German cleantech provider FUELSAVE will deploy its combustion conditioning technology to reduce primary fuel oil consumption and cut CO2 and GHG emissions in the offshore oil and gas sector for the first time, following the signature of a contract with Seadrill. Seadrill’s high-spec 6th generation West Saturn drillship will be
Electric ferries will be able to dock at northern Nordland’s four ferry berths that are planned to undergo a NOK 301 million ($34.3 million) upgrade. Image Courtesy: Peab Peab, a Sweden-based construction and civil engineering company, revealed it has been commissioned by the Norwegian Public Roads Administration (Statens vegvesen) to rebuild
Kuwait Integrated Petroleum Industries Company (KIPIC) has received its first LNG shipment at its new LNG import terminal in Al-Zour. Courtesy of KIPIC Al-Zour LNG terminal is expected to be operational soon. It will have a capacity of 22 million tonnes per annum (mtpa). The terminal is owned by Kuwait
France’s TotalEnergies has wrapped up a transaction with Global Infrastructure Partners (GIP) regarding the downstream facilities of the Gladstone LNG project in Australia. Courtesy of TotalEnergies The 7.8 million tonnes per year Gladstone LNG project is owned by TotalEnergies’ subsidiary Total GLNG Australia (TGA). It is an integrated LNG project
EDP and TechnipFMC, together with research partners, have launched a joint project to develop a conceptual engineering and economic feasibility study for a new offshore system for green hydrogen production from offshore wind power. The goal of the project – called BEHYOND and supported by the Blue Growth Programme of
Abu Dhabi National Oil Company (ADNOC), Honeywell, Sasol, and Wood have joined the Hydrogen Council along with ten more companies – two of which are new investors. Oilfield services provider Wood said that it became a steering member of the Hydrogen Council – a group of over 100 companies from
Vard Electro has been awarded a contract with Canada’s Atlantic Towing for a hybrid battery power system to be integrated on its platform supply vessel Atlantic Shrike as part of a push to reduce greenhouse gas emissions. Atlantic Towing is the first company to implement this multiple mode application of