MOL’s third LNG-fueled ferry enters service
Sunflower Kamuy, a newbuild LNG-fueled ferry operated by MOL Sunflower, has officially entered service. The post MOL’s third LNG-fueled ferry enters service appeared first on Offshore Energy.
UK Country Report | United Kingdom
The UK industrial gases market is dominated by Linde, Air Products and Air Liquide The UK industrial gases market is dominated by Linde, Air Products and Air Liquide The UK industrial gases market is expected to have stabilised in 2024, reaching $1.98bn, according to the UK Country Report from gasworld Business Intelligence. Key factors shaping the market include price stabilisation following the extreme volatility of recent years, reducing cost pressures on industrial gas producers; industrial sector recovery with gradual improvements in key industries, such as aerospace and advanced manufacturing likely to drive incremental growth in gas demand; and sustainability and Innovation, with ongoing shift towards renewable energy and green hydrogen reshaping the market and providing growth opportunities. “The UK’s industrial gases market remains sensitive to macroeconomic conditions, but offers prospects for stabilisation and innovation, underpinned… Read More »UK Country Report | United Kingdom
Advantage Tankers to welcome new eco-friendly tankers as global fleet balloons
As the number of newbuild tankers to be welcomed in 2025 swells, Swiss shipping […] The post Advantage Tankers to welcome new eco-friendly tankers as global fleet balloons appeared first on Offshore Energy.
ConocoPhillips becomes sole operator of Malaysian offshore cluster
Malaysia’s state-owned energy player Petronas has officially transferred its contractual right for a cluster […] The post ConocoPhillips becomes sole operator of Malaysian offshore cluster appeared first on Offshore Energy.
Baleària unveils design of all-electric fast ferries to operate on Spain-Morocco 1st green corridor
Spanish ferry operator Baleària has embarked on a project to implement the first green corridor between Spain and Morocco, which will be served by two 100% electric, zero-emission fast ferries. The post Baleària unveils design of all-electric fast ferries to operate on Spain-Morocco 1st green corridor appeared first on Offshore Energy.
Ren-Gas to use MAN ES’ technology for its e-methane plant in Finland
Nordic Ren-Gas has selected German engine manufacturer MAN Energy Solutions (MAN ES) as a technology provider for its e-methane project in Tampere, Finland. The post Ren-Gas to use MAN ES’ technology for its e-methane plant in Finland appeared first on Offshore Energy.
Towngas partners with Global Energy to set up green methanol supply chain
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 wins its largest aftermarket design contract for cable layer
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.
ADNOC inks $450 million LNG supply deal with JERA
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.
$1.3 trillion windfall coming up on America’s GDP horizon with LNG bonanza
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.