Japanese heavyweights ITOCHU Corporation, Mitsubishi Heavy Industries, INPEX Corporation and Taisei Corporation have joined hands to conduct a joint feasibility study on a large-scale and wide-area carbon capture and storage (CCS) value chain project. Under the Memorandum of Understanding (MoU), the four companies will look into launching a joint project
A deep dive into Woodside’s recent activities related to ongoing projects and financial and operational results for 4Q 2022. 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 to miss out on any
Geneva-based container shipping major MSC has reportedly returned to yards with a mammoth order comprising ten LNG-fuelled boxships. Shipbrokers say that the order involves Neopanamax vessels (11,400 TEU) and that the company is paying around $120 million per vessel. Chinese shipbuilder Zhoushan Changhong International Shipyard is believed to have won
UK consortium, including engineering company MAHLE Powertrain and the Royal National Lifeboat Institution, has launched a project to develop sustainable propulsion solutions for retrofit to high-performance marine vessels where batteries and other electrified technologies may not prove practical. Headed by MAHLE Powertrain, the all-British consortium comprises Clean Air Power, providers
US LNG company Sempra Infrastructure has entered into a long-term sale and purchase agreement (SPA) with Polish oil refiner and petrol retailer PKN ORLEN for the supply of LNG from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas. Under the SPA, PKN ORLEN, which recently acquired
Avance Rigel, Avance Gas’ third newbuild very large gas carrier (VLGC), has completed gas trials outside Daewoo Shipbuilding & Marine Engineering (DSME) yard in South Korea. The trials took place in January 2023 prior to the vessel’s delivery which is scheduled for early February 2023. This embedded content is only
Texas-based Element Resources, a development company focused on the production of 100% green hydrogen, has revealed plans to build and operate a major renewable hydrogen production facility in the city of Lancaster, California, US. Courtesy of the city of Lancaster, California, US The project, located within Lancaster’s city limits, is
German container shipping company Hapag-Lloyd has signed a Memorandum of Understanding (MoU) with compatriot energy company Mabanaft to explore options for the supply of ammonia as bunker fuel to Hapag-Lloyd in and around the Port of Hamburg, Germany and also the Port of Houston, Texas, USA. Under the MoU, the
UK-based energy services provider Expro Group has secured a long-term production solutions contract with Eni Congo, a subsidiary of Italian energy major Eni, for a liquefied natural gas (LNG) pre-treatment facility in Congo. Under the 10-year contract worth more than $300 million, Expro will design, construct, operate and maintain a
IHI Corporation, Japan’s LNG receiving and storage terminal manufacturer, has started looking into converting liquefied natural gas (LNG) receiving and storage terminals near many gas-fired power plants into ammonia-based facilities. Illustration / Courtesy of IHI The company said it will draw on its corrosion expertise and experimental technologies for materials