Energy.
TGS awarded 4D Streamer Contract Offshore Australia
TGS, a leading provider of energy data and intelligence, announced the award of a 4D streamer acquisition contract offshore Australia. The Ramform Sovereign is scheduled to mobilize in December, with the survey expected to have a duration of close to 50 days. Kristian Johansen, CEO of TGS, commented: "We are very pleased to secure this contract award, which provides visibility into the first…
ExxonMobil in Mozambique awards McDermott Letter of Intent for Rovuma LNG Project
McDermott Energy Solutions (UK) Limited, a subsidiary of McDermott and a majority shareholder in the SMDC joint venture with Saipem S.p.A., Daewoo Engineering & Construction Co. Ltd. and China…
Southeast Asia to deliver less than one-third of planned gas power capacity by 2030
Southeast Asia is expected to deliver less than one-third of its planned gas-fired power capacity by 2030, according to new research from Wood Mackenzie, highlighting a widening gap between…
Vegard Frihammer appointed new CEO of Vireon
The Board of Directors of Vireon AS has appointed Vegard Frihammer as the company’s new CEO. Frihammer joins Vireon from his position as Vice President Business Development at Corvus Energy Fuel Cell…
TGS awarded 4D Streamer Contract Offshore Australia
TGS, a leading provider of energy data and intelligence, announced the award of a 4D streamer acquisition contract offshore Australia. The Ramform Sovereign is scheduled to mobilize in December, with…
ExxonMobil in Mozambique awards McDermott Letter of Intent for Rovuma LNG Project
McDermott Energy Solutions (UK) Limited, a subsidiary of McDermott and a majority shareholder in the SMDC joint venture with Saipem S.p.A., Daewoo Engineering & Construction Co. Ltd. and China…
Southeast Asia to deliver less than one-third of planned gas power capacity by 2030
Southeast Asia is expected to deliver less than one-third of its planned gas-fired power capacity by 2030, according to new research from Wood Mackenzie, highlighting a widening gap between…
Vegard Frihammer appointed new CEO of Vireon
The Board of Directors of Vireon AS has appointed Vegard Frihammer as the company’s new CEO. Frihammer joins Vireon from his position as Vice President Business Development at Corvus Energy Fuel Cell…
Himile delegation to Norway advances LCO₂ Tank Development
Provaris welcomed a delegation from Himile Heavy Industries to Oslo and Fiskå for a series of technical workshops conducted under our Memorandum of Understanding with Yinson. MOU with Yinson and…
Offshore wind push to reshape Türkiye’s renewables landscape, says GlobalData
Türkiye is stepping into its first major offshore wind chapter with the launch of its inaugural offshore YEKA tender, an event that could reshape its power-generation mix, unlock vast investments,…
Saipem signed a Letter of Intent for Rovuma LNG onshore project in Mozambique
The final award to Saipem, within the SMDC joint venture, is subject to the Final Investment Decision (FID), and government and regulatory approvals expected within 2026. Saipem S.p.A., leading…
US gasoline prices climb despite EPA efforts to ease stricter summer specifications
Average spot prices for US gasoline on the Gulf Coast, Atlantic Coast, Midwest, and West Coast jumped 87-119 cents/gal year over year during March-July 2026, despite the US Environmental Protection…
China bets on synthetic gas as geopolitical risk drives need for energy security
As nations race to cut import exposure to geopolitical tensions, China is building the world’s only large-scale coal-to-gas (CTG) industry as a strategic buffer against supply shocks. No other…
LNG shipping as a critical pillar of energy security amid geopolitical uncertainty
Traditionally, gas supply security has been primarily associated with the availability of natural gas resources and the reliability of supply. However, the recent conflict in the Middle East has…
Record low Rhine, Danube plus extreme heat cause force majeures and nuclear shutdowns
As mainland Europe continues to bake in a summer heatwave and drought, chemical logistics problems are worsening along the river Rhine, while low water levels on the Danube and other water courses…
Eni announces final investment decision for Cyprus’ Cronos project
Eni has reached the Final Investment Decision (FID) to develop Cronos project, in deep waters offshore Cyprus, with the target to bring the first Cypriot gas to market in 2028. The project, operated…
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