Shareholders of Norway’s floating terminal projects company Höegh LNG have voted in favor of the merger plan with funds managed by Morgan Stanley Infrastructure Partners. Courtesy of Höegh LNG The approval paves the way for Höegh LNG to go private, delisting its shares from the Oslo Stock Exchange. The voting
Italy’s Eni and China’s Zhejiang Energy signed a Memorandum of Understanding (MoU) on strategic cooperation across the gas and LNG value chain in China and internationally. Illustration only; Courtesy of Eni The MoU establishes a cooperation framework and builds on the companies’ shared goal of promoting emissions reduction by favoring
Image credit: Viridis Bulk Carriers Norwegian shipping consultancy Amon Maritime has set up a joint venture with compatriot shipowners Navigare Shipping & Logistics and AS Mosvolds Rederi named Viridis Bulk Carriers. The company will specialize in short-sea shipping, powering its ships by green and blue ammonia. “We are launching a fleet of innovative
The Korean Register (KR) has granted approval in principle (AIP) for an 8K ammonia bunkering vessel, the first of its kind in Korea. The bunkering vessel is owned by KMS EMEC, a design engineering company. The ship has been developed through a joint development project (JDP) between KR, KMS EMEC, and Singapore’s
Victorian government has rejected AGL Energy’s proposal for a floating LNG import terminal at Crib Point, citing unacceptable environmental effects as the reason. Courtesy of AGL Energy The Crib Point Gas Import Jetty and Crib Point-Pakenham Gas Pipeline $250 million project proposal, planned since 2018, faced opposition in the form
OGCI Climate Investments fund is set to invest $10 million in NextDecade, through a stock purchase, further supporting the latter’s efforts of delivering the lowest end-to-end emission LNG. Courtesy of NextDecade Launched in 2016, OGCI Climate Investments is a fund set up by member companies of the Oil and Gas
Steel and mining major ArcelorMittal will transform the plants in Bremen and Eisenhüttenstadt in accordance with the planned expansion of Germany’s hydrogen infrastructure. Courtesy of ArcelorMittal The company is planning to build a large-scale industrial plant for the direct reduction of iron ore (DRI) and electric arc furnace (EAF)-based steelmaking
Qatar Petroleum has decided to take over full ownership of the Qatargas Liquefied Natural Gas Company (QG1) on 1 January 2022. Courtesy of Qatargas The company noted on Tuesday it will not be renewing the QG1 joint venture upon the expiry of the relevant agreements on 31 December 2021. Established