Daily Archives: December 1, 2020

Clarksons: 27% of the order book to run on alternative fuels

By Jasmina Ovcina CMA CGM Jacques Saade bunkered by Gas Agility in Rotterdam; Image by CMA CGM Alternative fuels are gaining traction in the maritime industry amid growing regulatory pressure and currently, they account for 3.5% of the fleet, and 27% of the order book by tonnage, data from Clarksons Research shows. Liquified natural gas…

AIE secures Port Kembla LNG terminals pipeline connection

By Adnan Bajic Australian Industrial Energy (AIE) has signed a memorandum of understanding (MOU) with Jemena to connect the Port Kembla gas terminal (PKGT) with the Eastern Gas Pipeline (EGP). Courtesy of AIE AIE’s project is on on track to supply more than 75 per cent of NSW’s gas needs by the end of 2022,…

Ørsted completes LNG business sale to Glencore

By Adnan Bajic Danish renewable energy company Ørsted has completed the sale of its liquefied natural gas (LNG) business to Glencore. Courtesy of Ørsted Ørsted has divested its LNG business due to the company’s strategic focus on renewable energy. Included in the agreement is Ørsted’s long-term agreement with the Dutch LNG regasification terminal Gate in…

JFO and First Subsea trial decom solution

By Adis Ajdin First Subsea and James Fisher Offshore (JFO) have completed a testing milestone in their […] The post JFO and First Subsea trial decom solution appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Novatek opens Europe’s first carbon-neutral LNG station

By Adnan Bajic Novatek’s unit, Novatek Green Energy, has launched its first carbon-neutral LNG fueling station in Rostock, Germany. Illustration only (Courtesy of Novatek) Carbon neutral offsets from a carefully selected portfolio of emission reduction projects, including wind generation projects in developing countries, will be used to compensate for the LNG’s carbon footprint sold to…

SHI scores first LNG tanker order Since November 2019

By Adnan Bajic South Korean shipbuilder Samsung Heavy Industries (SHI) has won an order for a liquefied natural gas carrier. Illustration only (Courtesy of GasLog) In its regulatory filing, the yard informed the order for a single LNG carrier is valued at 206.2 billion South Korean Won ($186 million). The order was placed by a…

Seadrill files for voluntary Chapter 11 protection

By Bojan Lepic Offshore drilling contractor Seadrill Partners has filed voluntary petitions under Chapter 11 of the Bankruptcy Code to preserve value and to continue the operation and marketing its assets. The… … Read Full Article Here For more great articles: Offshore Energy Today