Energy Players News

ClassNK has issued an approval in principle (AIP) for a cargo containment system (CCS) and cargo handling system (CHS) for liquefied hydrogen carrier developed by GTT.Hydrogen is expected to be used as a source of clean energy for decarbonization since it does not emit CO2 when combusted. The technological development for maritime hydrogen transportation is progressing actively with the aim of establishing a hydrogen supply chain.ClassNK carried out the design review of CCS and…

France-based clean hydrogen producer Lhyfe has launched the world’s first offshore renewable green hydrogen production demonstrator.The pilot was launched yesterday (September 22) in Saint-Nazaire, France, which will now begin an 18-month wind-powered pilot, as part its drive towards large-scale carbon reduction.It involves Lhyfe's new Sealhyfe 400 kg/day (1MW equivalent) green hydrogen producing electrolyser platform, which has been installed on the WAVEGEM wave energy platform developed by Geps Techno.

Malaysian oil and gas company Petronas said Wednesday it had delivered its first carbon neutral liquefied natural gas (LNG) cargo to Shikoku Electric.The cargo was delivered from the Petronas LNG Complex (PLC) in Bintulu and was received Tuesday at the Sakaide LNG terminal in Shikoku Island, Japan.Petronas said it had offset the estimated life cycle carbon footprint of the LNG cargo through renewables-based carbon credits for the emissions generated from upstream gas exploration and production…

Some of the world's biggest commodities and energy players on Wednesday launched an initiative to cut and track emissions from the ships they charter as efforts intensify to reduce the maritime industry's carbon footprint.About 90% of world trade is transported by sea, and the UN shipping agency the International Maritime Organization (IMO) aims to reduce overall greenhouse gas emissions by 50% from 2008 levels by 2050.Carbon emissions from shipping rose in the six-year period to 2018 and accounted for 2.89% of the world’s CO2, the latest IMO-commissioned study showed, mounting pressure on the

A Belgian consortium has launched a project in high-wave offshore solar technology with the aim of building floating solar parks in the North Sea.Large maritime market players Tractebel, Jan De Nul Group, DEME, Soltech and Ghent University formed a consortium and announced the launch of an innovative project in the field of marine floating solar technology.The consortium strongly believe that solar photovoltaic (PV) panels in offshore waters are one of the essential future green energy sources. Combined in the same location with aquaculture and offshore wind power, this innovative technology allows for a more efficient use of available space.While solar PV technology costs are still constantly decreasing…

PSA Marine Qalhat SAOC (PSAMQ), a joint venture company formed between PSA Marine (Pte) Ltd (PSA Marine) and Golden Dunes International LLC (GDI), will commence towage operations for Oman LNG LLC (OLNG) in Sur, Oman on 11 January 2015. The contract will be for a period of 10 years. OLNG, a joint venture between the Omani Government (51%), Shell (30%) and other notable global energy players, is currently Oman’s only exporter of liquefied natural gas. Four newly-built 65-tonne bollard pull tugs were delivered ahead of commencement date to support PSAMQ’s towage Mr Peter Chew, Managing Director of PSA Marine commented, “PSA Marine is honoured and pleased to be given this opportunity to provide towage services for OLNG.

As operators ponder the thorny question of dual fuel, LNG or SCR Treatment, GE Transportation’s new medium speed marine diesel engine seemingly simplifies the playing field. The October 2014 news that global oilfield giant Oceaneering had committed to building a ship designed with GE Transportation marine diesel engines was ordinary enough, but the recent keel laying ceremony held at the BAE Systems Shipyard in Mobile, AL held special significance for not only Oceaneeering, but for GE as well. That’s because the first ship to be outfitted with GE Transportation’s newest marine engine offering – ones which meet EPA Tier 4i and IMO Tier III Emissions standards – all without the need for a Selective Catalytic Reduction system (SCR) exhaust gas after-treatment…

The GAC Group says it is bringing its African market knowledge to US clients in and around the global energy hub of Houston, Texas, with the posting of Gerrit Laubscher, Business Development Manager - Oil & Gas for Sub-Saharan Africa, to share his expertise and focus on promoting trade and cooperation between key energy players in the USA and African oil producing countries. From the GAC North America Logistics (formerly known as GEMS) base in Houston, Gerrit will serve as a bridge between the two regions, offering regional expertise and guidance, in-depth local insight and market intelligence direct to customers looking to work in Sub-Saharan Africa. He will work closely with GAC’s Houston oil & gas team to broaden the exposure of global clients in his home market.

GDF Suez has delivered its first cargo in the LNG carrier 'BW GDF Suez Boston' to the Dubai Supply Authority's Jebel Ali Terminal . According to the compamy GDF SUEZ has enlarged its footprint in the Middle East as a major global LNG supplier with the delivery of its first LNG cargo to Dubai. The BW GDF Suez Boston unloaded its 138,000 cu.m capacity cargo to the United Arab Emirates’ sole LNG import terminal, offshore Dubai. Between 2010 and 2016, GDF Suez says it is planning to deliver about 10.8 million tons of LNG to major energy players in Asia (KOGAS, CNOOC, Petronas, Petronet, PTT and GAIL). GDF Suez is one of the few European utilities with the flexibility in its natural gas portfolio to direct volumes to these markets.

Grassy Point terminal project, north of Prince Rupert, gains ground as it would steer shipping traffic away from sheltered coastal waters. The Coast Tsimshian village of Lax Kw'alaams north of Prince Rupert could be poised to become a liquefied natural gas centre with significant advantages over Prince Rupert and Kitimat after the province announced it has received four new LNG proposals. All four identify Grassy Point, across the harbour from Lax Kw'alaams, formerly Port Simpson, as the potential site for a terminal, reports 'The Vancouver Sun'. The Coast Tsimshian are already involved in talks with the energy players in the nascent LNG industry in the northwest and are generally supportive of it.

Milbank Represents Group of International Lenders in $692 Million Financing for New Deep Sea Drilling Ship Purchased by Brazil’s Schahin Group. Black Diamond 1 to be built by Samsung and leased to Petrobras for 10-year exploration of Brazil’s offshore oil and gas reserves; lender group from Asia, Europe, US. In one of the most significant cross-border financings involving Brazil’s offshore energy sector this  year, Milbank, Tweed, Hadley & McCloy LLP has represented a consortium of major international lenders providing a US$692 million debt facility for the purchase of the Black Diamond I deepwater drillship by Schahin Group. The Brazilian…

Offshore Marine Services GmbH (OMS) appointed Rhenus Midgard GmbH & Co. KG as its exclusive vessel agency in Germany. Bremen based OMS has signed an agreement with Rhenus to act as vessel agent to all vessels under OMS charter or contract operating in German waters and ports. It is a rolling contract with an initial 12-month period from January to December this year. OMS is part of Offshore Marine Management (OMM), a growing independent provider of managed marine solutions to the offshore renewables, subsea telecoms and oil and gas industries. Rhenus, one of Europe’s leading logistics service providers, was chosen by OMS to facilitate the company’s ongoing and future workload in German waters.