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Russia Forming Joint Organization With OPEC Highly Unlikely Given US Sanctions Risk

Oil & Gas
It is highly unlikely that OPEC and other oil producers would set up a joint structure due to the additional red tape it would create as well as the risk of U.S.

More projects, wells expected in the Caspian Sea in 2019

Oil & Gas
BP and its partners look set to approve the new Azeri Central East platform next year for the Azeri-Chirag-Guneshli oil field in the Caspian Sea

Germany’s First LNG Terminal Planned

Videos
Uniper SE and Mitsui O.S.K. Lines, Ltd. have reached an agreement on a project to install a Floating Storage and Regasification Unit

2019: Smart Containers, Trade Wars, Automation Gains

Digitalization
Major opportunities are on the horizon for ocean shipping as the rapid pace of technology change will continue unabated through 2019 and beyond

Allseas vessels at work in two Nord Stream 2 offshore zones

Subsea Technology
Allseas’ Pioneering Spirit has started pipelay operations for the Nord Stream 2 gas pipeline project in the Finnish Exclusive Economic Zone (EEZ).

Great Ships 2018: BP’s British Partner

Oil & Gas
BP Shipping took delivery of British Partner, the first of a half dozen new 173,400 cu. m. capacity liquefied natural gas

Petrobras, Total deliver subsurface breakthroughs

Oil & Gas
Petrobras and Total have signed new documents concerning the strategic partnership they announced in January 2017.

Gazprom affirms plan for LNG bunkering

Oil & Gas
Russian oil firm Gazprom has affirmed plans to continue creating infrastructure for producing and marketing LNG as a marine fuel

Swiss batteries achieve global charge

General
Swiss company Leclanche has completed energy storage projects around the world with a combined capacity of over 100 megawatt-hours.

NYK vessel ships first plant condensate from INPEX-operated Ichthys LNG Project

Oil & Gas
Challenge Peak, an oil products tanker operated by NYK Bulkship (Asia) Pte. Ltd. based in Singapore

NYK to build its first methanol-fueled chemical tanker with green loan

NewBuilds
NYK will receive 2 billion from Taiyo Life Insurance Company as a green loan to exclusively finance the building of NYK’s first methanol-fueled chemical tanker.

2018 a better-than-expected year for South Korean shipbuilders

NewBuilds
The 2018 has been a better-than-expected year for South Korean shipbuilders, with an increase in new orders and especially in LNG ships
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