Two Norway-based companies have launched a joint venture to fill an existing gap in the ammonia fuel value chain by developing ammonia ship bunkering infrastructure technology, products and services. The new company, Azane Fuel Solutions, has been created by technology company ECONNECT Energy and zero-emission ship project specialist Amon Maritime.
A number of energy transition-related updates hit our headlines this week, from new developments in the renewables sector to further initiatives in ship decarbonisation – and oil & gas companies’ new moves in both of those, and more. Premium content You are currently not logged into your account. Register and
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has announced that it will acquire 40% of Methanex Corporation’s subsidiary Waterfront Shipping (WFS) to expand its involvement in methanol-fueled ships. Under the agreement worth $145 million, the companies will establish a strategic partnership, which will enable Methanex and WFS to benefit from
U.S. floating LNG player Excelerate Energy has joined forces with Italian energy firm Snam to build a natural gas pipeline in Albania. Earlier this year, Excelerate Energy and ExxonMobil signed an MoU with the Albanian government to conduct a feasibility study for the development of an LNG project in the
A subsidiary of U.S. LNG export project developer Cheniere has signed a long-term gas supply deal with Canada’s largest natural gas producer Tourmaline Oil. Tourmaline will supply gas to a planned expansion at Cheniere’s Corpus Christi LNG export plant in Texas. The deal was inked between Tourmaline’s marketing subsidiary and
BP, Sempra LNG, and Infraestructura Energética Nova (IEnova) have entered a contract for the delivery and receipt of the companies’ first carbon offset liquefied natural gas (LNG) cargo. Sempra LNG said on Thursday that the cargo would be delivered to the Energía Costa Azul terminal in Mexico on Friday, 16
Swiss shipping major Mediterranean Shipping Company (MSC) and energy giant Shell have agreed to work closely together to help accelerate the decarbonisation of the global shipping sector. MSC and Shell International Petroleum Company Limited signed a long-term memorandum of understanding (MOU) in an effort to “play enhanced roles” in the
Svitzer, a Danish towage provider and Maersk subsidiary, has signed a ten-year time charter party with FGEN LNG, a subsidiary of First Gen, for the provision of towage and other vessel support services required by FGEN LNG’s interim offshore LNG terminal. Photo: Svitzer These will feature a floating storage and regasification unit
Australian energy major Woodside has formally launched the sell-down process for the second train at its Pluto LNG export facility in Western Australia. Premium content You are currently not logged into your account. Register and get a two week trial. You need javascript to validate your login status. Premium Premium
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) said it has exceeded its annual order target after securing another deal for the construction of two LNG carriers. On 15 July, the shipbuilder revealed the new order worth KRW 457.1 billion ($400.4 million). The vessels will be built by