Hong Kong and China Gas Company (Towngas) has joined forces with Singapore’s Global Energy Trading to work on advancing the supply and distribution of green methanol as a marine fuel. The post Towngas partners with Global Energy to set up green methanol supply chain appeared first on Offshore Energy.
Ulstein Design & Solutions has secured what it says is its largest-ever aftermarket design […] The post Ulstein Design & Solutions wins its largest aftermarket design contract for cable layer appeared first on Offshore Energy.
JERA Global Markets, a trading subsidiary of Japan’s energy major JERA, has signed a liquefied natural gas (LNG) supply agreement with UAE’s ADNOC Gas and its subsidiaries. The post ADNOC inks $450 million LNG supply deal with JERA appeared first on Offshore Energy.
With 14 multibillion-dollar projects lined up on the LNG export menu, America seems poised to reach the $1.3 trillion gross domestic product (GDP) promise spotlighted in a recent S&P Global study, making a strong case for an LNG boom. The post $1.3 trillion windfall coming up on America’s GDP horizon with LNG bonanza appeared first on Offshore Energy.
Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market evolution, automation, and progress in unleashing the benefits of artificial intelligence (AI), have also played their part in shrinking the job market. The post Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave appeared first on Offshore Energy.
Prysmian has informed local authorities in Somerset, Massachusetts, about the company’s decision not to […] The post Prysmian drops plan to build $200 million subsea cable factory in Massachusetts appeared first on Offshore Energy.
Ammonia Europe wants to boost collaboration and transparency Ammonia Europe wants to boost collaboration and transparency New business association Ammonia Europe has launched a voluntary certification scheme which aims to provide transparency to European customers on the carbon footprint of their ammonia purchases. An Ammonia Certificate is issued for each tonne of ammonia with a product attribute declaration of the footprint and energy origin, such as hydrogen from electrolysis, biomethane or methane. It uses a mass balance chain-of-custody system with optional ‘book and claim’ in the single market, and pilot audits at Fertiberia and Yara renewable ammonia plants. With a decarbonised ammonia system targeted for 2050, the new body aims to foster collaboration across the continent’s value chain and unlock the potential of ammonia for climate neutrality. Eleven founding members are listed on its website,… Read More »New ammonia body launches certification scheme | Ammonia
Norwegian shipping company Solstad Offshore has secured contracts for two of its construction support […] The post Solstad scores trifecta for a busy 2025 appeared first on Offshore Energy.
ExxonMobil and QatarEnergy have fired the starting gun on drilling activities off the coast of Cyprus, using one of the drillships owned by Valaris. The post ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as Cyprus and Egypt strengthen energy bonds appeared first on Offshore Energy.
Sales of alternative bunker fuels exceeded one million tonnes for the first time to reach 1.34 million tonnes in 2024, the Maritime and Port Authority of Singapore (MPA) has revealed. The post MPA: Alternative bunker fuel sales exceed 1 million tonnes in 2024 appeared first on Offshore Energy.