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Building a Sustainable Future: Aramco, Linde, and SLB Collaborate on a Major Carbon Capture Initiative
On December 4, 2024, Aramco, in collaboration with Linde and SLB, has achieved a significant milestone in its ambitious Carbon Capture and Storage (CCS) project in Jubail, Saudi Arabia. With Aramco holding a 60% equity stake and the remaining 40% split equally between Linde and SLB, this initiative underscores the importance of global partnerships in driving innovation and sustainable solutions. The first phase of this project is expected to be completed by 2027, wi... Read More
The Implications of ADNOC's 15-Year, 1 mtpa Agreement for the Future of the Ruwais LNG Project
On November 6, 2024, ADNOC has signed a 15-year, 1 million tonnes per annum (mtpa) long-term sales and purchase agreement (SPA) with SEFE Marketing and Trading Singapore, a subsidiary of Germany's SEFE Securing Energy for Europe GmbH, for lower-carbon liquefied natural gas (LNG) from its upcoming Ruwais LNG project. Announced at ADIPEC, the agreement formalizes an earlier Heads of Agreement and will commence in 2028. To date, ADNOC has committed over 7 mtpa of Ru... Read More
The Future of Suriname: TotalEnergies’ Final Investment Decision Explained
On October 1, 2024, Patrick Pouyanné, CEO of TotalEnergies, met with President Chandrikapersad Santokhi of Suriname and Annand Jagesar, CEO of Staatsolie, to announce the Final Investment Decision (FID) for the "GranMorgu" oil project in offshore Block 58. The project will develop the Sapakara and Krabdagu oil fields, with over 750 million barrels of recoverable reserves. The development includes a 220,000-barrel-per-day Floating Production Storage and Off... Read More
Maritime Port Authority Singapore has rolled out a brand-new SRS system
Offshore Energy The Maritime Port Authority of Singapore(MPS) has launched a new Singapore Registry of Ships (SRS) notation initiative to reward ship owners/operators who voluntarily incorporate solutions to drive digital transformation and pursue sustainable shipping.The SRS accreditation system will cover 4 separate notations for vessels: “smart”, “cyber”, “welfare” and “green”, making SRS the first registry in the ... Read More
Petronas FLNG Satu sends 50th LNG cargo
Source: Petronas Offshore Energy On 25 September 2021, the 50th milestone LNG cargo was loaded onto the Seri Cemara LNG carrier for shipment to Taiwan. MISC Berhad operates the vessel. Therefore, Petronas marks another milestone in floating liquefied natural gas (FLNG)* technologies. The company mentioned this showcases the viability of offshore gas production with FLNG solutions. The first FLNG cargo came from the Kanowit gas field, offshore Sarawak in 2017... Read More