Bulgartransgaz Takes 20% Stake in Greece's Gastrade
Bulgartransgaz, the operator of the national natural gas transmission network of Bulgaria, has officially taken a 20% share in Greek company Gastrade that is developing an LNG floating storage and regasification unit (FSRU) offshore Alexandroupolis. The agreement for Bulgartransgaz to take a 20 percent stake in Gastrade was signed back in August 2020. Following the approval granted by the Bulgarian Commission for Protection of Competition…
Avenir Allegiance LNG Bunkering Vessel Launched in China
Avenir LNG on Thursday announced the launch of the Avenir Allegiance, dubbed the world’s largest dual-purpose, LNG supply and bunkering vessel, built by CIMC Sinopacific Offshore & Engineering Co. (CIMC SOE).The vessel was launched at 7 am on January 27th, 2021 at Zhoushan Changhong International Shipyard Co. Ltd. Due for delivery from CIMC SOE in the third quarter of this year, the vessel will be the first 20…
Keppel to Exit Offshore Rig Building Business
Singapore's Keppel Offshore & Marine, a company famous for its offshore rig construction, is set to undergo a major transformation, look for opportunities as a developer and integrator of offshore energy and infrastructure assets, and exit the offshore rig building business.The company will be restructured into three parts, separating construction and ownership of legacy drilling rig assets from its core operations…
Corvus' Orca ESS for Asahi's All-Electric Tanker
Japan's Kawasaki Heavy Industries has ordered a Corvus Energy battery-based energy storage system (ESS) to integrate it into the zero-emissions all-electric propulsion and electrical systems aboard the “e5 tanker” under construction for Asahi Tanker.The battery-powered vessel was designed by e5 Lab Inc., a consortium of leading Japanese shipping and maritime services companies, including Asahi Tanker Co., Ltd., set up to build infrastructure services focused on electrically powered vessels.
Biden Pauses Federal Oil & Gas Leasing, Eyes Offshore Wind Growth
President Joe Biden on Wednesday signed a new raft of executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies, as he pursues green policies he billed as a boon for job creation.The orders map out the direction for the Democratic president's climate change and environmental agenda and reverse the policies of his Republican predecessor, Donald Trump, who sought to maximize U.S.
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