US natural gas company Tellurian has ended the fourth quarter of 2022 with the first phase of Driftwood LNG under construction, an increase in natural gas production, and $474.2 million of cash and cash equivalents. Illustration / Courtesy of Tellurian It also completed the acquisition of natural gas assets of
Gulfstream LNG Development, a recently launched mid-sized greenfield LNG export project, has filed an application to the United States Department of Energy (DOE) seeking authorisation to export up to 4 million tonnes per annum (mtpa) of LNG to free trade agreement (FTA) and non-FTA countries. Illustration. Source: Gulfstream LNG The
In its new report ‘Blue Hydrogen Production and Markets 2023-2033: Technologies, Forecasts, Players,’ technology company IDTechEx has forecasted that the global blue hydrogen market will grow to reach $34 billion by 2033. Illustration / Courtesy of Pixabay The company predicted that future blue hydrogen demand will be mainly driven by
The Hydrogen Innovation – Future Infrastructure & Vessel Evaluation and Demonstration (HI-FIVED) consortium led by vessel provider ACUA Ocean in partnership with infrastructure provider Unitrove has won a £3.8 million UK government grant to build and showcase its innovative autonomous vessel and bunkering infrastructure technologies for liquid hydrogen. Courtesy of
China Classification Society (CCS), Singapore’s SDTR Marine and Shanghai’s Merchant Ship Design & Research Institute (SDARI) have jointly developed an 85,000 dwt ammonia-fueled bulk carrier. Courtesy of CCS Said to be the world’s first, the vessel has also obtained approval in principle (AiP) from the Chinese classification society in a
China’s first domestically built LNG bunkering vessel has completed its first ship-to-ship bunkering operation. Image credit: CSSC Global The bunkering op was completed on January 18 and it saw the 30,000 cubic meters LNG bunkering ship Hai Yang Shi You 301 (Offshore Oil 301) refuel CMA CGM’s 23,000TEU dual-fuel container
RWE Gas Storage West has submitted planning approval documents for what is expected to be Germany’s first hydrogen cavern storage facility to be used for commercial purposes. Illustration only. Courtesy of RWE RWE announced the start of the approval procedure, which includes environmental impact assessment, back in April 2022 and
SK Holdings Materials, a South Korea-based company specialising in material technology, has signed an agreement with ExxonMobil, a US energy and petrochemical company, with the main aim of introducing blue ammonia to SK Materials in Korea. Courtesy of SK Materials The company noted that ExxonMobil plans to build a facility
French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two new LNG carriers. Illustration / Archive / Courtesy of Samsung Heavy Industries GTT will design the tanks of the two vessels, and each will
South Korean shipping major Korea Shipbuilding & Offshore Engineering Co. (KSOE) has signed a deal to construct two very large gas carriers for an undisclosed shipowner. Illustration VLGC; Image credit KSOE According to the company’s stock exchange filing, the ships will be constructed by KSOE’s unit Hyundai Samho Heavy Industries. The