Chinese shipbuilder Lianyungang Shenghua, a subsidiary of COSCO Shipyards Group, has won orders for five 7,380 DWT bunkering vessels from Singapore-based Singfar International. According to Clarksons Research, the order includes five optional vessels bringing a total of up to ten ships. The vessels will be fitted with LNG dual-fuel propulsion
Greenpeace activists target Oldendorff vessel as part of ‘No new gas’ protest
A group of Greenpeace activists blocked the freighter Emma Oldendorff at the German port of Brake, on Friday, August 12. The ship was carrying pipelines slated for delivery to Western Australia for use in Woodside Energy’s Scarborough offshore gas project. Around 20 activists in rubber dinghies blocked the freighter and painted the
In focus: Heatwaves everywhere, but winter is coming
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.
1st LNG-fuelled tanker joins Anglo-Eastern’s managed fleet
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
Saipem bags $900 million thanks to new deals in Angola
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
Equinor’s H2H Saltend greenlighted to proceed as one of UK’s large-scale hydrogen projects
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
Excelerate Energy and Hyundai Heavy Industries sign FSRU deal
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
Offshore wind-to-hydrogen brings high profile investors to Dutch TCP pipeline supplier
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
EIA: US LNG exports lower than last week
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
API urges investment in expanding American oil & gas production to ensure energy security
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