Port of Brownsville set to welcome USD 39 billion in LNG investments
LNG PRESS RELEASE – The Port of Brownsville is one step closer to welcoming three new LNG projects with an investment totalling USD 38.75 billion after the Federal Energy Regulatory Commission (FERC) approved their proposals today...Read more
IEA: Offshore wind to become 1 trillion dollar industry
Offshore windOffshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040, the International Energy Agency (IEA) concludes in a new report about the future of the offshore wind market....Read more
Japan to invest an additional USD 10 billion in global LNG infrastructure
LNGJapan will invest an extra USD 10 billion on liquefied natural gas projects worldwide to boost the LNG market and reinforce the security of energy supply, the minister of Economy, Trade and Industry (METI) said...Read more
AAL moves giant pressure vessel
PRESS RELEASE – Heavy-lift carrier AAL has completed the handling and transport of an impressive cargo of South Korean-engineered petrochemical plant components, from Pyeongtaek to Map Ta Phut. The largest of which was a pressure...Read more
Fred. Olsen wins large offshore wind contract from MHI Vestas
Offshore windFred. Olsen Windcarrier has won a large contract from MHI Vestas Offshore Wind for the transport and installation of 100 9.5MW wind turbines for the Moray East project off the East coast of Scotland. The...Read more
LNG “major boon” for EPC contractors and project carriers
ConstructionEPC contractors and project carriers can expect a rise in demand as final investment decisions are taken on the construction of a large number of new LNG plants. Over the next two years, almost 90...Read more
Port of Rotterdam eyes construction of largest “green hydrogen” plant in Europe
ConstructionBP, Nouryon (formerly AkzoNobel Specialty Chemicals), and the Port of Rotterdam have joined forces to explore the construction of the largest “green hydrogen” plant in Europe for BP’s refinery in Rotterdam. BP uses hydrogen to...Read more