• 2024 April 22 16:13

    TotalEnergies launches the Marsa LNG project and deploys its multi-energy strategy in the Sultanate of Oman

    TotalEnergies had signed a Sale and Purchase Agreement (SPA) with Oman LNG to offtake 0.8 Mtpa of LNG for ten years from 2025, making the company one of the main offtaker of Oman LNG's production, according to the company's release.

    Finally, TotalEnergies (49%) and OQ Alternative Energy (51%), the national renewable energy champion, have confirmed being at an advanced stage of discussions to jointly develop a portfolio of up to 800 MW, including the 300 MWp solar project that will supply Marsa LNG Marsa LNG, an innovative integrated project.

    Through their joint company Marsa Liquefied Natural Gas (“Marsa”), TotalEnergies (80%) and OQ (20%) launch the integrated Marsa LNG project which combines:  upstream gas production: 150 Mcf/d of natural gas, coming from the 33.19% interest held by Marsa in the Mabrouk North-East field on onshore Block 10, which will provide the required feedstock for the LNG plant. 

    Block 10 production started in January 2023 and reached plateau in April 2024. The FID allows Marsa LNG to extend its rights in Block 10 until its term in 2050.  

    The LNG production is expected to start by first quarter 2028 and is primarily intended to serve the marine fuel market (LNG bunkering) in the Gulf. LNG quantities not sold as bunker fuel will be off-taken by TotalEnergies (80%) and OQ (20%).  

    The Marsa LNG plant will be 100% electrically driven and supplied with solar power, positioning the site as one of the lowest GHG emissions intensity LNG plants ever built worldwide, with a GHG intensity below 3 kg CO2e/boe. (for reference, the average emission intensity of LNG plants is around 35 kg CO2e/boe - this represents a reduction in emissions of more than 90%). The main Engineering, Procurement and Construction contracts have been awarded to Technip Energies for the LNG plant and to CB&I for the 165,000 m3 LNG tank. 

    The ambition of the Marsa LNG project is to serve as the first LNG bunkering hub in the Middle East, showcasing an available and competitive alternative marine fuel to reduce the shipping industry's emissions. 

    Compared to conventional marine fuel, LNG helps to cut:  Greenhouse gas emissions by up to 23%,  Nitrogen oxide emissions by up to 85%.  Sulfur emissions by 99%,  Fine particle emissions by 99%. 




2024 May 28

11:10 AD Ports, Transmar and Orascom Construction sign MoU for the development of a green methanol facility in Egypt
10:41 Astilleros Armon launches the first of twelve new hybrid high-speed ferries designed by Incat Crowther for Italian ferry operator Liberty Lines
10:04 HELCOM adopts new measures to mitigate ammonia emissions from agriculture
09:58 HAV Group receives an order from Fjord1 to design vessel automation and autonomous navigation systems for four ferries

2024 May 27

18:02 QatarEnergy announces FID in the second development phase for Brazil’s Sépia field
17:30 NYK begins first long-term biofuel test run on large crude oil tanker
17:16 Ondas Holdings' Airobotics and HHLA Sky partner to offer drone services
16:53 Seatrium secures FPSO newbuild contracts P-84 and P-85 from Petrobras
16:25 NYK Bulkship (Asia) сommences first shipment of sustainable aviation fuel
15:26 Wind propulsion systems to be installed on 7 vessels operated by MOL Drybulk
14:55 ASCO commissioned the first Handysize class vessel
14:25 Fincantieri launches FREMM frigate "Emilio Bianchi" for the Italian Navy
12:33 Singapore is ready for methanol bunkering for container vessels at Tuas Port
11:58 DP World and Mawani break ground on SAR900 million logistics park at Jeddah Islamic Port
10:42 DEAS and Fincantieri united to strengthen cyber resilience of military and commercial fleets
10:24 GTT receives an order for the tank design of four new LNG carriers
09:57 Singapore carries out ship-to-ship bunkering of close to 1,340 metric tonnes of blended methanol

2024 May 26

15:16 Fincantieri is awarded contract from the US Navy for the fifth and sixth Constellation-class frigates
13:24 ABP’s £35 million offshore energy development to be operational from October 2024
11:18 HPH Trust and Beibu Gulf Port Group agreed to promote trade between Guangxi and Hong Kong
09:26 Shore power plan for Irish, UK ports

2024 May 25

15:33 Bahri could be buyer of four VLCCs with $480 million
14:27 Panama Canal returns to normal operations
12:03 Equinor and partners to invest to maintain high gas production at Troll
11:41 Singapore carries out ship-to-ship bunkering of close to 1,340 metric tonnes of blended methanol
10:12 Australian operator renegotiates ferry deal with Finnish shipbuilder following delays

2024 May 24

18:00 MSC resumes Far East – Baltimore service
17:22 First LNG tugboat with hybrid system goes into operation in Singapore with mtu gas engines from Rolls-Royce
16:47 S. Korea slaps sanctions on 7 N. Koreans, 2 Russian ships for illegal trade with Russia
16:24 COSCO Shipping plans to build 120 ships worth $4.5 billion
15:46 LR award AiP to CMB.TECH and Damen for hydrogen tug solution
13:51 Kongsberg Maritime opens a new facility in Kochi, India
13:11 Wind Challenger to be installed on coal carrier for J-Power
12:41 India, Egypt top destinations for Russian seaborne fuel oil, VGO exports in April
12:21 Newbuilding contracts signed by Greek shipowners are up more than 50% this year to March
11:40 The port of Piraeus receives permission to continue dredging from the State Council
11:05 Eastern Shipbuilding Group awarded contract to construct Fisher Island Ferry
10:49 Huangpu Wenchong receives contract for up to eight methanol-fuelled bulkers
10:28 Cadeler signs installation vessel reservation agreement for upcoming wind farm installation projects
09:58 ScanOcean launches renewable biodiesel fuel
09:42 Uralkali fertilizer exports hit 7.6-million tonne mark by the end of 2023

2024 May 23

18:00 Cadeler places order to build its third A-class vessel
17:34 Van Oord successfully installs first monopile using KENC’s flange mounted upending tool
17:12 The fire engulfed approximately 600 square meters of metal waste on industrial premises at the port of Hamburg
16:57 Hapag-Lloyd resumes CGX service between China, West Africa and Germany
16:38 The world's first methanol-powered container ship now on weekly service to the Port of Gothenburg
15:32 Inmarsat launches combined VSAT, LEO and LTE managed connectivity service
14:52 Dominican Republic, Oman and Saudi Arabia join the International Transport Forum
14:21 Canada’s TMX pipeline expansion to boost Asian crude oil trade
13:44 Norwegian Cruise Line expands its presence across Asia Pacific, Australia and New Zealand with over 30 new itineraries
13:21 Canadian Coast Guard issues $15,000 fine for a hazardous vessel
13:18 MABUX: Bunker Outlook, Week 21, 2024
12:51 Dunkerque LNG launches a request for interest for its Small Scale LNG services
12:11 SITC signs a strategic cooperation framework agreement with Fujian Port Group
11:40 Wartsila to convert two Scandlines ferries to plug-in hybrid operation
11:03 Hapag-Lloyd upgrades sea shuttle service between Ukraine and Romania
10:30 Japanese companies complete the early stages of a cross-industry project to create a secure data exchange system between shipyards and shipowners
10:02 GTT Strategic Ventures and Engie New Ventures jointly invest in CryoCollect to support the development of a unique CO2 capture technology for biogas
09:25 NatPower Marine and Peel Ports Group announce plans for first ‘green shipping corridor’ between UK and Ireland

2024 May 22

18:01 Sea-Intelligence: Avg. minimum transit time up 39% on Asia-MED
17:46 Kongsberg Maritime announces energy-efficient upgrade for Solstad’s Normand Sentinel
17:23 FMC launches investigation of the impact of Canadian regulations on U.S.-flag carriers
16:59 Dataloy Systems launches groundbreaking widgets at Breakbulk Rotterdam
15:34 Pyxis Tankers announces JV agreement to acquire modern dry-bulk vessel
15:32 Vympel unveils two concepts of a universal dry bulk / container carrier of Project 00111 Belomorets
14:25 LR awards Approval in Principle to Seaspan Corporation for next generation feeder ship design
13:59 HD KSOE, SHI faces 1trn won contract delays
13:22 HD Hyundai Marine Solution builds ship smartcare center in Busan
12:42 BBC Chartering takes delivery of first “LakerMax” newbuilding, MV BBC LEER
12:16 Copenhagen Port of Malmo and Green2x enter into a partnership to design and operate a biofuel production plant