China Merchants Industry Holding (CMI), a manufacturing flagship of China Merchants Group, has won a contract for the construction of up to eight 180,000 cbm LNG carriers from an undisclosed European shipowner. The company behind the contract, which includes four firm orders plus four options, is believed to be Danish
Baker Hughes has secured a contract to supply carbon dioxide (CO2) compression equipment to Petronas Carigali’s offshore carbon capture and sequestration (CCS) project in Sarawak, Malaysia, said to be one of the world’s largest projects of its type. Under the contract signed with Malaysia Marine and Heavy Engineering (MMHE), Baker Hughes will deliver
German energy company Uniper has delivered Germany’s first full cargo of liquefied natural gas (LNG) to the new LNG terminal in Wilhelmshaven. As disclosed, LNG ship Maria Energy, owned by major energy firm Tsakos Energy Navigation was loaded in Calcasieu Pass, USA, at the liquefaction facility of the LNG supplier
Calls for replacing natural gas with hydrogen are gaining ground, but many still see gas as a major player in propelling the energy transition. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a PREMIUM Subscriber Do not want
With the global energy crisis still running the show, Wood Mackenzie, an energy intelligence group, has outlined ten predictions for the energy industry in 2023, which point to a rebounding oil demand and surging EV sales, along with some other forecasts for the year ahead. While examining the forces shaping the
Three Japanese companies have signed a basic agreement to explore a joint hydrogen production business using waste plastic gasification facilities in the Nagoya Port area. Iwatani Corporation, Toyota Tsusho Corporation and JGC Holdings Corporation signed the agreement in December 2022, stating that the studies for this project have already begun.
Boluda Towage, part of Spain’s Boluda Corporación Marítima, has dispatched four tugs to Lubmin, a small port located in the German Bay of Greifswald in the Baltic Sea region. The company has played a central role in the planning for the maneuvering of the floating storage and regasification unit (FSRU) Neptune into
In a bid to tackle Europe’s energy woes, which resulted from the Ukraine crisis, planned investments in gas infrastructure amounting to a whopping $245 billion are in the pipeline across Africa. However, based on Global Energy Monitor’s report, these are in danger of turning into stranded assets, as they are
A report by Hydrogen Council, a global CEO-led initiative that brings together companies with a united vision, suggests that hydrogen needs to grow sevenfold to support the global energy transition, eventually accounting for 10% of total energy consumption by 2050. The report, named Sufficiency, sustainability, and circularity of critical materials