The words energy transition were on everybody’s lips in the last couple of years. It sparked innovation and collaboration within the industry. Europe is a frontrunner in this transition, but policymakers from European countries now see that in the short term energy security is more relevant than an energy transition.
MT Proteus Jessica, a 110,000 DWT tanker, has been delivered to Anglo-Eastern’s managed fleet, becoming the company’s first dual-fuel LNG-powered tanker. The LR2 tanker was built by China’s Shanghai Waigaoqiao Shipbuilding and was delivered in June 2022. Based on the data from VesselsValue, the ship is owned by Bank of
Italian oilfield services giant Saipem has been awarded three new contracts in Angola, totalling around $900 million, which will enable it to work on Angola’s first non-associated gas project. Saipem revealed on Thursday that it has been awarded three new contracts – one onshore and two offshore – by the
UK’s goverment has selected Norwegian energy giant Equinor’s H2H Saltendhas to progress as one of the first large-scale hydrogen projects in the country. Equinor visiting the Humber region; Courtesy of Equinor Hydrogen to Humber Saltend (H2H Saltend) is Equinor’s flagship project with a 600-megawatt low carbon hydrogen production plant, located
U.S.-based LNG specialist Excelerate Energy is to expand its fleet with a floating storage and regasification unit (FSRU) to be built by Koren shipyard Hyundai Heavy Industries. Courtesy of Excelerate Energy Excelerate Energy’s presentation for the second quarter of 2022 results revealed the company signed a letter of intent with
HydrogenOne Capital Growth has signed definitive agreements for an investment of EUR 10 million in Strohm, the Dutch manufacturer of hydrogen pipelines who already saw Shell Ventures, Chevron Technology Ventures, and Evonik Venture Capital joining in as investors. HydrogenOne, the first LSE-listed investment fund dedicated to clean hydrogen, invested the
According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have decreased by five vessels from last week, with Henry Hub prices going up. Courtesy of Cheniere In the latest Short-Term Energy Outlook report for the week between 4 August and 10 August, EIA says 17 vessels departed
The American Petroleum Institute (API), a trade association representing the oil and gas industry, believes ramping up domestic production and turning to U.S.-made energy is the answer to the global supply and demand imbalance hitting Americans at the pump and impacting the broader economy. The American Petroleum Institute claims that energy
The first hydrogen bunkering permit in the Netherlands has been granted in the port of IJmuiden, allowing Windcat Workboats to bunker the Hydrocat 48 vessel with hydrogen. Courtesy of AYOP Amsterdam IJmuiden Offshore Ports (AYOP) reported that the IJmond Environmental Service granted a license for the hydrogen bunkering activity on
The Canadian unit of Belgian group BESIX and its joint venture partner Vancouver Pile Driving (Vanpile) say their work at the LNG marine terminal in western Canada is near completion. Courtesy of BESIX Cargo roll-on/roll-off vessels have started using the wharf built by the BESIX-Vanpile joint venture (BVJV) in Kitimat,