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In focus: Balancing act between energy security and net-zero goals

30 Sep No Comments gregsamuel_e5x9azx4 LNG World News

The global energy crisis has forced nations around the globe to ponder whether they need to pick between energy security and net-zero goals. Can both be obtained simultaneously? This is the question on everyone’s mind. Premium content Checking for account. You need javascript to validate your login status. Premium Premium

Enbridge acquires TGE to expand renewable business in North America

30 Sep No Comments gregsamuel_e5x9azx4 LNG World News

Canadian pipeline company Enbridge has acquired Tri Global Energy (TGE), the US renewable project developer, to speed up its growth strategy in North America. Enbridge has closed the acquisition for $270 million in cash and assumed debt. Additionally, up to approximately $50 million in payments could be made contingent on the successful execution of

DSME, ABS chart decarbonization path for ship designs

30 Sep No Comments gregsamuel_e5x9azx4 LNG World News

American Burea of Shipping (ABS) and South Korea’s shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) have formed a joint development project to create a decarbonization strategy for DSME’s LNG carrier designs. Signed at Gastech, the project will see ABS and DSME investigate carbon emission performance of ships in various segments.

MISC orders LNG carrier duo, secures long-term charter deals with ExxonMobil unit

30 Sep No Comments gregsamuel_e5x9azx4 LNG World News

MISC Berhad (MISC), an owner and operator of liquefied natural gas (LNG) carriers, has strengthened its partnership with ExxonMobil’s unit SeaRiver Maritime with new long-term time charter contracts. Illustration. Courtesy of MISC Berhad MISC’s subsidiaries Polaris LNG Three Pte. Ltd. and Polaris LNG Four Pte. Ltd. have secured long-term time

EverWind, Svitzer to deploy 1st green fuel-powered tugs in Canso Strait

30 Sep No Comments gregsamuel_e5x9azx4 LNG World News

EverWind Fuels, a Nova Scotia-based developer of green hydrogen and ammonia production, and Svitzer, a Danish towage operator and part of A.P. Moller-Maersk, have signed a memorandum of understanding (MOU) to deploy one of the world’s first green fuel-powered commercial tug vessels in the Canso Strait in Nova Scotia. Illustration.

Baker Hughes to take care of turbomachinery equipment on Eni’s FLNG

30 Sep No Comments gregsamuel_e5x9azx4 LNG World News

Oilfield services provider Baker Hughes has secured a new service contract for the maintenance and monitoring of turbomachinery equipment operations at Coral Sul FLNG, the first deepwater floating liquefied natural gas (LNG) unit operating off the coast of Mozambique on the Eni-led Coral South project. Baker Hughes announced on Friday

Chevron concludes first shipment of offset-paired LNG cargo

30 Sep No Comments gregsamuel_e5x9azx4 LNG World News

Chevron U.S.A. Inc., a subsidiary of integrated energy company Chevron, has delivered its first shipment of offset-paired liquefied natural gas (LNG) cargo from the Gorgon project off Western Australia. Chevron said that greenhouse gas (GHG) emissions for the cargo will be fully offset via the retirement of high-quality nature-based and

Ports of Halifax and Hamburg forge ties on hydrogen, green energy corridor

29 Sep No Comments gregsamuel_e5x9azx4 LNG World News

The Halifax Port Authority and Hamburg Port Authority have joined hands on decarbonizing the shipping corridor between Halifax, on Canada’s east coast, and Hamburg, along Germany’s northwest coast. The two port authorities signed a Memorandum of Understanding in Hamburg on September 29, 2022. The MoU was signed by Jens Meier,

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