Skip to content

New LNG vessel order for Hyundai Heavy Industries with Purus

Purus, a provider of maritime services for gas transport and offshore wind industries, has placed a new order for a liquified natural gas carrier (LNGC) with Hyundai Heavy Industries in South Korea, bringing the firm’s current newbuilding program to ten gas carriers under construction at Hyundai Group-affiliated shipyards. The post New LNG vessel order for Hyundai Heavy Industries with Purus appeared first on Offshore Energy.

Five-year plan puts ADNOC’s XRG on path toward gas and LNG expansion

XRG, a wholly-owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has received endorsement from its board of directors for its five-year business plan, pointing it in the direction of creating a top five integrated global gas and liquefied natural gas (LNG) business with 20–25 million tons per annum (mtpa) capacity by 2035. The post Five-year plan puts ADNOC’s XRG on path toward gas and LNG expansion appeared first on Offshore Energy.

CCS trade body urges funding certainty ahead of UK spending review | CCS

Trade body the Carbon Capture & Storage Association (CCSA) is urging the UK government to provide long-term certainty and commit funding to advance pre-selected CCUS Track-1, Track-1 expansion and Track-2 projects in the spending review on 11 June. Its policy wish-list also extends to establishing regular allocation funding rounds for other CCUS projects within the same timeframes, and advancing efforts to remove barriers to a cross-border carbon market within Europe, along with “quick progress” on UK–EU ETS alignment and the UK Carbon Border Adjustment Mechanism. Despite the UK government committing $22bn to developing hydrogen and CCS in the next 25 years, economic pressures threaten to stall the pace of development of key projects. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly… Read More »CCS trade body urges funding certainty ahead of UK spending review | CCS

Maersk’s green methanol containership fleet is now complete

Danish shipping and logistics major A.P. Moller – Maersk has taken delivery of Axel Maersk, completing the world’s first series of large dual-fuel methanol container vessels. The post Maersk’s green methanol containership fleet is now complete appeared first on Offshore Energy.