U.S. ammonia producer CF Industries has joined forces with Japanese giants JERA and Mitsui & Co. on a $4 billion low-carbon ammonia project in Louisiana, U.S. The post CF Industries, JERA and Mitsui partner on $4 billion ammonia project in US appeared first on Offshore Energy.
SBM Offshore has made its first foray into sale and leaseback financing with a multimillion-dollar refinancing of a floating production, storage, and offloading (FPSO) vessel operating off the coast of Brazil. The post SBM Offshore’s $400M FPSO deal opens doors to ‘innovative’ financing avenues appeared first on Offshore Energy.
Italian shipping group Grimaldi has placed a $1.3 billion order for nine methanol-ready Roll-On/Roll-Off Passenger (Ro-Pax) vessels at China Merchants Jingling Shipyard (Weihai) as part of its fleet expansion and renewal agenda. The post Grimaldi pours $1.3 billion into new methanol-ready Ro-Pax fleet appeared first on Offshore Energy.
The cruise division of Switzerland-based shipping major MSC Group has officially inaugurated the new MSC Barcelona terminal in Spain, with EXPLORA II, the second ship from luxury lifestyle ocean travel brand Explora Journeys, making the first call. The post MSC’s cruise division officially opens new sustainable terminal in Barcelona appeared first on Offshore Energy.
Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays. The post Tight budgets and shrinking pool of oil & gas prospects reshape search for more hydrocarbons appeared first on Offshore Energy.
Pacific nations have reiterated that the International Maritime Organization (IMO) is on the brink of making history with binding regulations to phase out fossil fuel use in global shipping. The post 6PAC+ alliance representative: MEPC 83 is a defining moment for shipping’s future appeared first on Offshore Energy.
Gulf Marine Services (GMS), a UAE-headquartered provider of self‐propelled, self‐elevating support vessels to the offshore energy industry, has secured a contract for one of its large‐class vessels in the Gulf Cooperation Council (GCC). The post GMS finds work for jackup barge in Arab Gulf region appeared first on Offshore Energy.
Ireland-headquartered GKinetic Energy will test its 3 kW waterpower generator at the Ifremer flume […] The post GKinetic Energy heads to France for waterpower generator testing appeared first on Offshore Energy.
Italian shipbuilder Fincantieri and Swiss cruise line Viking have launched the “world’s first: cruise ship to be powered by hydrogen stored onboard for propulsion and electricity generation. The post Fincantieri and Viking launch ‘world’s first’ hydrogen-powered cruise ship; ink deal for two new units appeared first on Offshore Energy.
Aramco has signed a multi-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Houston-headquartered NextDecade Corporation, ensuring offtake from an LNG export project located in Texas, United States (U.S.). The post Aramco firms up 20-year LNG offtake deal with US player appeared first on Offshore Energy.