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Agreements, Deals, Partnerships, Mergers & Acquisitions

Finnish LNG project announced
22 May 2013 05:46 GMT

Joint project aims to develop LNG sourcing and shipping in Finland.

Total buys Shell's downstream business in Egypt
20 May 2013 12:02 GMT

Lubricants business to be retained as part of the deal.

Mashreq Petroleum signs deal that will allow it to build the first independent tank terminal in Egypt.

Teekay selects fuel-saving engine
13 May 2013 08:51 GMT

Engine to be fitted on four product tankers.

Crowley acquires Carib Energy
10 May 2013 12:13 GMT

Crowley enters the LNG market. LNG bunkering forms part of future business strategy.

Pevasa Group orders fuel-saving propulsion system
29 Apr 2013 18:23 GMT

System comprises three high-efficiency products that are said to increase efficiency by up to at least 9 percent.

Commitment to develop LNG bunkering in Europe
26 Apr 2013 21:31 GMT

Gas companies to work together to develop LNG as a fuel for the maritime industry.

Hull design and propulsion system are said to reduce fuel consumption and emissions.

Agreement signed to study the feasibility of building and operating a crude oil storage terminal in Brazil.

Dutch bunker sector aims to improve dependability
24 Apr 2013 19:02 GMT

Issues to be addressed include traceability, undesirable substances, measurement of fuel supplied and the speed of delivery.

Scrubbers to be installed on two cruise vessels
24 Apr 2013 08:21 GMT

Scrubbers will remove over 98 percent of sulphur oxides from the ships' exhaust gas, says manufacturer.

New Tesoro-Savage facility will be designed to initially handle 120,000 barrels per day.

Asian firms to work together to develop renewable energy and low emission solutions for the maritime industry.

Pakistan buys 700,000 tonnes of fuel oil
23 Apr 2013 18:39 GMT

Fuel oil is scheduled for delivery between April and July.

Brightoil secures loan agreement
22 Apr 2013 18:38 GMT

Agreement arranged with China Development Bank Corporation via its subsidiary Win Business Petroleum Group.

Propulsion system selected for two new cargo ships
22 Apr 2013 17:51 GMT

Integrated propeller and rudder system to be installed on two vessels being built for Neptune Lines.

IOC sells two 180-cst fuel oil cargoes
19 Apr 2013 07:35 GMT

55,000 tonnes of 180-centistoke product could be heading to Fujairah, according to industry sources.

Power and propulsion systems ordered for LNG vessels
19 Apr 2013 06:28 GMT

New contracts awarded for two LNG carriers and an LNG Floating Storage Regasification Unit.

Russian fuel oil heading to China?
16 Apr 2013 06:27 GMT

720,000 tonnes of Russian M100 fuel oil could be sold to 'teapot' refineries, industry sources report.

Evergas orders dual-fuel solutions package
15 Apr 2013 08:50 GMT

Integrated technology set to make vessels 'the most environmentally sustainable LNG carriers ever built'.