A methanol dual fuel 300,000 dwt very large crude oil carrier (VLCC) has received approval in principle (AIP) from classification society Korean Register (KR). Courtesy of KR The methanol dual-fuel VLCC, which was developed under a joint project between KR and Hyundai Heavy Industries (HHI), is powered by methanol and
U.S. energy company New Fortress Energy (NFE) has entered into an agreement with Mexican state-owned electric utility Comisión Federal de Electricidad (CFE) to build an offshore LNG hub near Altamira. Illustration only; Courtesy of New Fortress Energy On 5 July, New Fortress Energy revealed that it has entered into an
Geoenergy and green hydrogen company Getech has secured $2.15 million of new contracts which include geoscience data sales and product renewals related to the energy transition. Illustration only; Courtesy of Shoreham Port The transactions include a $0.9 million multi-product sale to a global minerals company. This is Getech’s largest contract
U.S. energy company New Fortress Energy (NFE) has signed a deal with Mexican state-owned petroleum company Pemex to jointly develop the Lakach offshore gas field and deploy FLNG solutions. Illustration only; Courtesy of New Fortress Energy On 5 July, New Fortess Energy announced that it has signed an agreement with
Explora Journeys, the luxury travel brand of the MSC Group’s cruise division, and Italian shipbuilder Fincantieri have signed a memorandum of agreement (MOA) for the construction of an additional two hydrogen-powered cruise ships to take the total fleet number from four to six vessels. EXPLORA I, launched in Monfalcone on
Subsidiaries of Shell have taken the final investment decision (FID) to build Holland Hydrogen I, which will be Europe’s largest renewable hydrogen plant once operational in 2025. Holland Hydrogen I Specifically, Shell Nederland and Shell Overseas Investments have taken the FID to build Holland Hydrogen I renewable hydrogen plant. With
Chinese shipyard Jiangnan has ordered tank design for three new LNG carriers from French LNG containment specialist GTT. Illustration; Courtesy of ADNOC On 5 July, GTT announces that it has received, in the second quarter, an order from its partner Jiangnan for the tank design of three new LNG carriers.
U.S. LNG project developer NextDecade has signed a 20-year deal to supply LNG to a subsidiary of Chinese piped-gas operator China Gas. Courtesy of NextDecade On 5 July, NextDecade announced the execution of a sale and purchase agreement (SPA) with China Gas Hongda Energy Trading. The SPA is for the supply
American cruise line Royal Caribbean International has held a keel-laying ceremony to mark the ‘first major step’ in the construction of Utopia of the Seas – the first LNG-fueled ship of its Oasis class. Keel-laying ceremony for Utopia of the Sea. Courtesy of Chantiers de l’Atlantique The keel-laying ceremony took
Amid global energy supply concerns, Norway’s government has devised a plan to ramp up output at several fields on the Norwegian continental shelf (NCS) in a bid to maintain high gas exports to Europe and meet the growing demand. The announcement comes days after the European Union and Norway strengthened their