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MOL-ONGC deal puts Samsung Heavy Industries on very large ethane carrier pair construction duty

Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has struck a charter deal with India’s state-owned Oil and Natural Gas Company (ONGC), which enables South Korea’s Samsung Heavy Industries (SHI) to build two very large ethane carriers (VLECs). The post MOL-ONGC deal puts Samsung Heavy Industries on very large ethane carrier pair construction duty appeared first on Offshore Energy.

Orlen teams up with Finnish trio to drive green hydrogen | Hydrogen

Poland-based Orlen has signed agreements with three Finland partners for the production and supply of renewable hydrogen and its derivatives. The deals signed with ABO Energy Suomi, Nordic Ren-Gas and VolagHy Kuopio SPV will help secure hydrogen supplies during a period of growing demand in the years ahead. Orlen also plans to utilise salt caverns for large-scale underground storage of the fuel in Poland. Wojciech Balczun, Minister of State Assets, said the Polish economy should continue to diversify its energy sources which will strengthen its economic and political security. “Hydrogen is widely regarded as the fuel of the future, and Polish companies must take part in the race to fully leverage its potential,” he said. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached… Read More »Orlen teams up with Finnish trio to drive green hydrogen | Hydrogen

Japanese shipping giant and India’s gas player seal LNG vessel deal

LNG Japonica Shipping Corporation, a joint venture between Japan’s shipping giant Mitsui O.S.K. Lines (MOL) (74%) and India’s state-owned energy firm Gail (26%), has struck a long-term charter deal for a liquefied natural gas (LNG) carrier (LNGC) with Gail, which is primarily focused on natural gas. The post Japanese shipping giant and India’s gas player seal LNG vessel deal appeared first on Offshore Energy.

ADNOC’s XRG steps up its US LNG game with additional stake in Texas’ $31.8 billion project

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has augmented its interest in a liquefied natural gas (LNG) export project in Texas, United States (U.S.). The post ADNOC’s XRG steps up its US LNG game with additional stake in Texas’ $31.8 billion project appeared first on Offshore Energy.