Chinas top offshore oil and gas producer, CNOOC, has launched the countrys first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more than 1.46 million tonnes of carbon dioxide. As one of the

Chinas liquefied natural gas (LNG) imports are expected to increase at a slower pace in the second half of the year after blistering growth over the first six months, but the moderation is unlikely to put a brake on surging international pr

The spot price of liquefied natural gas (LNG) in Asia is usually at a seasonal low in August in what is historically the shoulder season between summer and winter peak demand. That the price of spot cargoes LNG-AS is at the highest for this

On August 23, the 174,000m3 LNG carrier MU LAN, invested by CSSC (Hong Kong) Shipping Company Limited, and built by Hudong Zhonghua, was christened in Shanghai. MU LAN is the worlds mainstream 174,000m3 LNG carrier. It adopts the design and

The worlds largest Floating Production Storage Offloading platform (FPSO) was fully refitted at Dalian Shipbuilding Industry and launched smoothly. FPSO is also known as offshore oil factories, which connect subsea oil wells and drilling pl

In order to further open the overseas wind power market, on July 31, CSSC Huangpu Wenchongs Guangzhou Wenchong Shipyard Heavy Industry, CNOOD Asia Limited and Hefei Ziking Steel Pipe exchanged views on cooperation in the international offsh

Two Chinese firms are seeking liquefied natural gas (LNG) cargoes for delivery over August to November as summer demand in the southern region remains strong and as companies prepare to meet winter demand, industry sources said. Chinas Shen

China has begun building a $1 billion natural gas import and storage base in the southern coastal province of Guangdong, a project in which U.S. energy major ExxonMobil XOM.N is advancing discussion with partners for a joint investment. Exx

On July 13, the first domestic dynamic positioning shuttle tanker Bei Hai Xin Xi Wang independently developed, designed and built by COSCO SHIPPING (Qidong) Offshore was completed and delivered to North Sea Shipping. Bei Hai Xin Xi Wang is

Malaysias LNG giant Petronas has signed a ten-year agreement to supply LNG to a subsidiary of China National Offshore Oil Corporation (CNOOC). The agreement is for 2.2 million tonnes per annum (mpta) for a ten-year period. It is valued at a

Kongsberg Maritime has won another important customer for its industry-leading Wind Turbine Installation Vessel (WTIV) technology, following the signing of contracts totalling EUR 49m with the Chinese shipbuilder COSCO Shipping (Qidong) Off

Taiwanese dry bulk shipping operator U-Ming Marine Transport and its Danish joint venture partner World Marine Offshore have signed an agreement with Thailands Marsun Shipyard to build a CTV for the offshore wind power industry. Marsun Ship

On July 2, Hudong Zhonghua and CSSC Leasing renewed the construction contract for a 174,000 m3 LNG ship. The ship type contracted this time is the worlds mainstream 174,000 m3 LNG carrier. Hudong Zhonghua has upgraded its technology on the

Korean shipbuilder Samsung Heavy Industries (SHI) has received approval in principle from Norway-based classification society DNV for the design of fuel cell-powered LNG carrier. DNV granted the basic design approval for commercialisation.

On June 18, Hudong Zhonghua Shipbuilding, China Shipbuilding Trading and the joint party represented by PetroChina International signed a LNG transportation project in Shanghai for 3 174,000 m3 LNG carrier construction. This is the second t