Business & Finance
Keeping fuel options open as uncertainty drives tri-fuel-ready tanker concept
Lloyd’s Register (LR), the UK-based classification society, and the Marine Design and Research Institute of China (MARIC) have unveiled a tri-fuel-ready tanker concept designed to give owners flexibility to pursue liquefied natural gas (LNG), methanol, or ammonia as fuel technologies, infrastructure
Galp, TotalEnergies seal Namibia asset swap and partnership
French energy giant TotalEnergies and Portugal’s Galp have closed a deal that reshuffles their positions across several offshore Namibian blocks, with the former taking over operatorship of one license, while the latter retains a stake and picks up interests in two others.
UK oil & gas player, floating wind developer to explore electrification opportunities in North Sea
Edinburgh-headquartered Flotation Energy and London-based Harbour Energy have signed a memorandum of understanding (MoU) to collaborate on assessing opportunities for powering oil and gas assets in the North Sea with floating offshore wind energy.
Shell broadens its US Gulf and Brazil horizons with stakes in BP’s prospects ahead of drilling ops
UK-headquartered energy giant Shell has set the wheels in motion to add two new exploration prospects to its global portfolio, one in the Gulf of America (U.S. Gulf of Mexico) and the other in Brazilian waters, through deals with compatriot energy major BP. The Brazilian prospect is expected to be d
AI-powered digital twin to be developed for wave energy technology
Eco Wave Power’s U.S. subsidiary has entered into an agreement with Germany-based AI engineering to develop an AI-powered digital twin platform for its wave energy technology. The companies have begun Phase 1 of the Eco Wave Power – Digital Twin & Energy-Aware Computing project, combining advanced p
WATCH: $12.5B gas project closing in on first LNG cargo as 10-storey module comes to Australia
Woodside has confirmed the arrival of the final and heaviest module for its liquefied natural gas (LNG) project upgrade, emphasizing that a 10-story, 4,500-ton structure marks another step toward the first LNG cargo from its $12.5 billion gas project in the fourth quarter of 2026.
Nikkiso lands equipment deal for German LNG terminal
Cryogenic equipment supplier Nikkiso Clean Energy & Industrial Gases (Nikkiso CE&IG) Group has secured an order to deliver multiple pumps for a liquefied natural gas (LNG) terminal in Brunsbüttel, adding to its growing portfolio of equipment for Germany’s LNG import infrastructure.
Titan-Sogestran pact brings new 6,000-cbm LNG bunker vessel to Western Mediterranean
Titan Clean Fuels, part of the Molgas Group, has struck a long-term deal with shipowner Sogestran Group for the construction, charter, and operation of a new co-designed liquefied natural gas (LNG) bunker vessel (LNGBV), adding ship-to-ship bunkering capabilities in the Western Mediterranean to comp
Chinese shipbuilder taps GTT for tank design of four LNG carriers
France’s Gaztransport & Technigaz (GTT) is responsible for the tank design of four new liquefied natural gas (LNG) carriers that will be built for UAE-based ADNOC Logistics and Services (ADNOC L&S), the maritime logistics and shipping arm of ADNOC Group.
UK’s first offshore CCS project enters construction as huge pipelayer arrives on site
Offshore construction has started for the UK’s first offshore carbon capture and storage (CCS) project as Saipem’s 325-meter-long vessel Castorone arrives in the Southern North Sea to start pipelaying. Developed some 75 kilometers east of Flamborough Head, the Northern Endurance Partnership (NEP) pr
Newly drilled wells to boost eastern Australia gas supply before winter 2027
With energy security at the forefront, a A$350 million ($245 million) Gippsland Basin project is moving closer to first gas, with production from new wells expected before winter 2027, supporting additional gas supply for eastern Australia.
‘Premier integrated offshore services company’ arises as Helix and Hornbeck complete merger
Texas-headquartered offshore energy services provider Helix Energy Solutions and Hornbeck Offshore Services, a Louisiana-headquartered supplier of offshore transport services, have completed their merger, establishing what they describe as a premier integrated offshore services company. As announced
Subsea7 wins ‘sizeable’ contract for Who Dat project in US
Subsea7 has won a contract with LLOG Exploration, a subsidiary of Harbour Energy, worth between $50 million and $150 million for the Who Dat East development located in the Gulf of America (U.S. Gulf of Mexico). Under the contract that Subsea7 defines as sizeable, the company will fabricate, transpo
Wison fires starting gun on FPSO fabrication for Eni’s African oil & gas project
China-based energy services provider Wison New Energies (WNE) has confirmed the first steel cut for a newbuild floating production, storage and offloading (FPSO) vessel, destined for deployment at the next phase of a major oil and gas development off the coast of Côte d’Ivoire, operated by Italy’s E