Nakilat, a Qatari LNG shipping operator, has formed a partnership with the classification society American Bureau of Shipping (ABS) with the aim of developing a decarbonisation strategy. Courtesy of Nakilat Nakilat said that its project team has worked with ABS sustainability specialists over the past months to map out decarbonisation
GasLog Partners executive takes over as GasLog CEO
The current CEO of Greek owner and operator of LNG carriers GasLog will retire, while the current CEO of GasLog Partners, the company’s GasLog’s New York-listed spinoff, will take over. Illustration only; Courtesy of GasLog Paul Wogan, chief executive officer of GasLog, has informed the board of directors that he
NextDecade postpones Rio Grande LNG FID once more
U.S. LNG project developer NextDecade has delayed the financial investment decision (FiD) on its Rio Grande LNG project once more. Courtesy of NextDecade At the very start of 2022, NextDecade informed it will postpone the Rio Grande LNG project FID once again. According to Reuters, the FID will now take
Top energy transition trends to watch in 2022, as seen by Westwood
Energy intelligence provider Westwood Global Energy and its energy transition team gave us their views on the main trends that oil and gas firms should watch in 2022. According to Westwood, these include national decarbonisation targets, the effects of geopolitics on energy transition, the question of financing the transition, corporate
Haldor Topsøe signs $50.9m loan with EIB for green hydrogen research
Danish CO2-reduction tech company Haldor Topsøe has signed a €45 million ($50.9m) loan agreement with European Investment Bank to support green hydrogen technologies research. Haldor Topsøe has ambitions to become the global leader in carbon emission reduction technologies by 2024. Thus, it signed this loan agreement with the EIB to
California allocates $45m to kick-start offshore wind in $2bn clean energy budget
California’s Governor Gavin Newsom unveiled a state budget proposal for the 2022-2023 fiscal year on 10 January, following the revision issued in May 2021 which dedicated $20 million for offshore wind activities. The budget proposed now raises this to $45 million. The $2 billion budget for the Clean Energy Investment Plan
Russia’s Novatek and China’s ENN ink Long-Term LNG supply deal
Russia’s natural gas producer Novatek and Chinese energy company ENN have signed a long-term LNG sale and purchase agreement (SPA) for the LNG produced from the Arctic LNG 2 project. Courtesy of Novatek On 11 January 2022, Novatek’s wholly-owned subsidiary Novatek Gas & Power Asia and ENN LNG (Singapore), a
Saipem scoops $1.1 billion in new Australia and Guyana awards
Italian oilfield contractor Saipem has been awarded two new offshore contracts in Australia and Guyana for a total amount of 1.1 billion. Regarding the first contract, Saipem has received the Notice to Proceed (NTP) from Woodside, as the operator for and on behalf of the Scarborough Joint Venture, for a
Maersk declares option for 4 more methanol-powered boxships
Maersk has declared options with South Korean shipbuilder Hyundai Heavy Industries (HHI) for an additional four 16,000 TEU methanol-powered containerships. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a PREMIUM Subscriber Do not want to miss out on
McDermott to build Scarborough floating production unit for Woodside
McDermott International has been awarded a contract by Woodside, as the operator for and on behalf of the Scarborough Joint Venture, for the engineering, procurement, construction, installation and commissioning (EPCIC) services for its floating production unit (FPU) offshore Western Australia. The award follows the successful completion of the Front-End Engineering