Press

Australia’s Santos said Thursday it had signed a letter of intent to sell a 12.5 per cent stake in the Barossa project to Japan’s LNG trading giant JERA. Image courtesy of Santos The Barossa gas field in northern Australia is being developed to secure feed gas for the Darwin LNG …

Spanish shipping company Baleària wrapped up 2019 with turnover and EBITDA growth of 19 per cent. According to the figures recorded in the tenth Corporate Social Responsibility and Sustainability Report for 2019 released by the company this month, the shipping line registered a turnover of EUR 452 million last year. The …

Danish bunker company Monjasa reported an improved business performance on the back of the sulphur cap regulation that entered into force on January 1, 2020, marking a global transition of ships to cleaner fuels. The company said that its volumes were up by 10 per cent reaching 4.5 million metric tons …

The Energy Market Authority (EMA) and Keppel Offshore & Marine have established a $10 million partnership and signed a Memorandum of Understanding (MOU) to develop energy solutions in the areas of distributed energy resources, digitalisation, and emerging low carbon alternatives. As part of this MOU, EMA and Keppel are launching …

State-run Qatar Petroleum said Wednesday it has launched a drilling campaign for the North Field East Project as part of plans to expand liquefied natural gas production. The first of 80 North Field East development wells was spudded on 29 March by the jack-up rig “GulfDrill Lovanda”. The jack-up rig …

Dutch gas and LNG carrier operator Anthony Veder and classification society Bureau Veritas have completed a pilot for “live remote class surveys” using a wearable device and augmented reality technology. The companies said in a statement that success of this pilot opens up the way for fully remote class surveys …

Swiss engineering group ABB is providing electric propulsion, storage and other technology for what is claimed to be the first tug in South Asia capable of switching between LNG and battery power. The tug, which will operate in Singapore harbor, has been ordered by Sembcorp Marine subsidiary Jurong Marine Services. …

Greece-based LNG shipping company TMS Cardiff Gas said it has taken delivery of a brand new liquefied natural gas carrier. Image courtesy of TMS Cardiff Gas The tanker named Amberjack LNG was delivered to her charterer, one of the major gas companies, on Tuesday, according to TMS Cardiff Gas. Amberjack …

BayWa Energy and Volkswagen Group’s logistic unit teamed up to launch the first liquefied natural gas filling station for trucks in the German city of Wolfsburg. The station, located nearby Volkswagen’s world headquarters, will also offer bio-LNG in the second phase of development. BayWa said in a statement it aims …

Finnish technology company Wärtsilä, Swedish ferry company Stena Line, and Canadian supplier of methanol Methanex Corporation have marked five years of the successful operation of the methanol-fuelled ferry Stena Germanica. Image Courtesy: Wärtsilä/Stena As explained, this is the first ship in the world to run on methanol as a marine …

The Port of Rotterdam is another step closer to becoming a carbon-neutral port in the future, in line with the Paris Climate Agreement objectives. Together with other companies, the port aims to achieve this goal by implementing three steps. These include efficiency & infrastructure, a new energy system and a …

GCL Oil & Natural Gas has entered into a framework deal with the Hague-based energy giant Shell to market and trade liquefied natural gas in eastern China. Under the deal, the privately-owned Chinese company and Shell will look into setting up a joint venture in eastern China. The proposed venture …