Solstad Offshore announced contract extension and amendment for Normand Turquesa

Reference is made to the previous press release dated 9 July 2025 regarding the…


Use of artificial intelligence saved Equinor USD 130 million in 2025

Artificial intelligence (AI) contributed to value creation and savings for…


The New German Carbon Dioxide Storage and Transport Act

With the recodification of its Carbon Dioxide Storage and Transport Act…


Borr Drilling announced new contract commitments

Borr Drilling announced new contract commitments for two of its premium jack-up…


Venezuela’s PDVSA asks some Joint Ventures to cut back oil output

Venezuela’s state-run oil company PDVSA is asking some joint ventures to cut…


EIB commits €490M to Greek link ending electrical isolation of Northeast Aegean islands

The European Investment Bank (EIB) has approved €490 million in financing for…


Transocean announces contract award and extension totalling $168 Million

Transocean announced a contract award and an extension, respectively, for two…


MOL Signs a Project Finance Agreement for FSRU Project in Singapore

-Marks Step Toward Further Growth in Offshore Business, a Key Investment…


From Targets to Trade-Offs: Why 2026 will redefine shipping’s Decarbonisation Path

As 2025 draws to a close, the global shipping industry finds itself far from…


Offshore Expansion drives push for Logistics Hubs across the Caribbean

With offshore activity accelerating across the region, shore bases and…


Empire to file preliminary injunction against lease suspension order

Empire Offshore Wind LLC (Empire) filed a civil suit in the U.S. District…


Helix Energy Solutions awarded Multi-Year P&A contract in the North Sea

Helix Energy Solutions Group, Inc. has secured a multi-year contract with a…


India's Russian oil imports show resilience despite sanctions, sources say

Russian crude to India seen around 1.2 mln bpd in December India…


Odfjell Drilling signs contract for Deepsea Aberdeen

Odfjell Drilling announced that, further to the announcement  on 16…


Subsea7 awarded contract offshore Norway

Subsea7 announced the award of a sizeable1 extension of an existing frame…


Oil bunker trades face soft demand growth, peak VLSFO

Lackluster demand environment despite IMO delay Peak consumption of…


Brazil, Guyana, And Argentina Support Forecast Crude Oil Growth In 2026 – Analysis

We forecast that global crude oil production will increase by 0.8 million…


Renewables TotalEnergies divests 50% of a 424 MW portfolio in Greece

In line with its renewables business model, TotalEnergies has closed the sale…


New Sustainability Report from Tunley Environmental signals a critical year for climate, nature and compliance

Leading sustainability consultancy Tunley Environmental has published the 2025…


Helix Energy Solutions announces CEO succession lan

Owen Kratz to Retire after Career of Transformative Leadership Helix Energy…


Amon Bulk plans three new Kamsarmax vessels with NOK 298 million investment grants

Amon Maritime is pleased to announce that the company has been awarded…


ExxonMobil and BASF join forces to advance low-emission hydrogen through methane pyrolysis technology

Industry leaders team up to accelerate methane pyrolysis—a technology that…


Aiming for the big prize in US unconventional oil and gas

The Trump administration has set a goal of doubling recovery from…


Russia considers extending gasoline, diesel exports ban until February, state media reports

Russia is considering an extension of diesel and gasoline export restrictions…


TotalEnergies and PTTEP strengthen their partnership in Malaysia

TotalEnergies has closed an agreement to divest to PTTEP an indirect interest…


Vantris Energy adopts Living Wage Policy for permanent employees

The Board of Directors of Vantris Energy Berhad  is pleased to announce the…


TotalEnergies signs new renewable power agreement with Google to supply data centers

TotalEnergies and Google have signed a 21-year Power Purchase Agreement to…


Equinor contests penalty notice from Økokrim

In May 2021, Equinor Refining Norway was charged with violations of the…


Seadrill announces Contract Awards in the US Gulf and Angola

Seadrill Limited announced contract awards for the West Neptune, Sevan…


SEA-LNG welcomes UK P&I Club, adding insurance expertise to coalition

SEA-LNG, the coalition supporting the methane decarbonisation pathway,…


Bunkering Services Initiative marks the start of operations across the ARA region

Leading marine fuel buyers and suppliers developed the Initiative to deliver…


Edison expands its ship fleet

Edison expands its ship fleet: contract signed with Knutsen for a new LNG…


Russia's oil and fuel export revenues touch lowest level since Ukraine invasion, IEA says

November revenues drop to just under $11 billion Energy sector under…


Samsung Heavy Industries Develops Offshore SMR, Accelerating Commercialization

Floating Offshore Nuclear Power Platform FSMR Receives US ABS…


Five offshore wind themes to watch in 2026

The offshore wind market slowed further in 2025, prompting a shift in…


BIMCO adopts FuelEU Maritime and ETS clauses for the sale and purchase of ships

The Documentary Committee of BIMCO has adopted a FuelEU Maritime Clause and an…


Russia's monthly oil and gas revenue poised to hit lowest since August 2020

Annual oil and gas revenue to fall short of budget projection Returns…


EU countries' ambassadors approve phase out of Russian gas imports

European Union countries' ambassadors on Wednesday greenlit the bloc's…


Nakwol Offshore Wind Farm begins commercial power generation

Korea’s Largest Offshore Wind Power Project Starts Partial Operation…


Oil and Gas Price Mechanism – Setting the right baseline by Westwood

HM Treasury’s Oil and Gas Price Mechanism (OGPM) aims to replace the Energy…


Korean Government aims to expand Offshore Wind Power to 25GW by 2035

Plans to Secure Annual 4GW Installation Capacity Through Dedicated Port…


BYD Energy Storage and Corvus Energy sign strategic MoU to accelerate marine battery innovation

BYD Energy Storage, a global leader in the energy storage sector, and Corvus…


While Global methane goals stall, Montrose Environmental Group helps clients significantly cut emissions

Advanced leak detection and repair program prevents emissions equal to the…


Borr Drilling announces pricing of additional senior secured notes offering

Borr Drilling Limited announced  that its wholly owned subsidiary Borr IHC…


TechnipFMC awarded significant flexible pipe contract by Ithaca Energy

TechnipFMC has been awarded a significant contract by Ithaca Energy for…


From regulation to reality: Fuel Assessment update of the Mediterranean Emission Control Area

By the end of October 2025, six months had passed since the implementation of…


Noble Corporation announces planned divestment of six Jackups

Noble Corporation  announced that the Company has signed definitive agreements…


Borr Drilling announces agreement to acquire five premium Jack-Up rigs

Borr Drilling Limited  has entered into an agreement to acquire five premium…


Equinor’s first hybrid power complex starts operations

Equinor takes a new step in the power business with the launch of its first…


Brazil’s potential to become a leader in the global e-fuel market

To shed light on and propel Brazil’s opportunity to accelerate…


US drillers add rigs for fourth time in five weeks, says Baker Hughes

U.S. energy firms added drilling rigs for the fourth time in five…


Fitch Ratings cuts short- and medium-term oil price assumptions, adjusts gas prices

Fitch Ratings-London/Warsaw/New York-03 December 2025: Fitch Ratings…


Equinor makes new discoveries in the North Sea

Equinor has made two new discoveries of gas and condensate in the Sleipner…


OPEC oil production slips in November despite an agreed-uplift, survey finds

A survey on Thursday found that OPEC oil production fell in November despite…


Corvus Energy launches next-generation Marine LFP Energy Storage System

Corvus Energy, the world’s leading supplier of marine energy storage solutions,…


UAE Unveils $1bn Yemen Energy rebuild, signalling new opportunities for European Renewables and Grid Partners

The UAE has announced a $1 billion package to help rebuild Yemen’s electricity…


Kongsberg Maritime secures LARS contract with Sea1 Offshore

Kongsberg Maritime has signed a major contract with Sea1 Offshore to deliver…


Van Oord successfully completes monopile installation at Windanker offshore wind farm

Van Oord has completed the transport and installation of all 21 monopiles…


Equinor rapid development extends the lifetime of Norne

On 2 December production started from the Verdande subsea field in the…


Indeximate receives DNV statement of feasibility for scattersphere cable health monitoring technology

Independent assessment confirms technical feasibility of Scattersphere’s…


ENGINE: East of Suez Bunker Fuel Availability Outlook (2 Dec 2025)

VLSFO and LSMGO availability good in Port Klang; bunker supply tight in Sri…


Geopolitical developments contribute to elevated diesel prices

Global refinery margins for diesel have widened since late October and…


Petrobras announces approval of redetermination of the Tupi Shared Reservoir

Petrobras announces that it has been notified by Brazil’s National Agency of…


Eni launches the Phase 2 of Congo LNG ahead of schedule

With the arrival of the Nguya FLNG floating liquefaction unit and the…


Gas Networks Ireland selects the Shannon Estuary as location for the Strategic Gas Emergency Reserve

Gas Networks Ireland has selected Cahiracon, Co. Clare along the Shannon…


Energy literacy workshops in schools help inspire the next generation

Ørsted’s Hornsea 3 Offshore Wind Farm has funded energy literacy workshops…


Subsea7 awarded contract offshore UK

Subsea7  announced the award of a sizeable1 contract by Ithaca Energy, for the…


K Line delivery of liquefied CO2 carrier “NORTHERN PHOENIX” to Northern Lights

On December 2, 2025, the newly built liquefied CO2 carrier “NORTHERN PHOENIX”…


Imports of Russian oil drop 23% on week of US sanctions

Deliveries of Russian crude down in week to Nov. 25 Reliance imports…


SEFE signs a Heads of Agreement with Argentina’s Southern Energy for a long-term LNG supply deal

SEFE to purchase up to two million tonnes per year of LNG over eight years…


European Commission: GREENCONNECT is a project of common interest

The European Commission selects the joint project by Natran and Energinet for…


DNV launches advanced time-saving tools for analysis of floating offshore wind structures

DNV, the independent energy expert and assurance provider, has developed three…


IMO delay could spark fragmentation risks, warns EmissionLink

Philippos Ioulianou, Managing Director of EmissionLink, has warned the IMO’s…


Major developing economies move on green shipping corridors

A new report from the Getting to Zero Coalition identifies 25 new green…


Equinor and Shell complete formation of Adura

Equinor and Shell have completed a deal to combine their UK offshore oil and…


TotalEnergies strengthens its global collaboration with Chevron

Further to an ongoing discussion of global exploration…


PETRONAS and Eni sign investment agreement to establish regional energy partnership

PETRONAS and Eni, through their respective subsidiaries, signed an Investment…


Lloyd’s Register signs global partnership with EIC to strengthen energy transition role 

As EIC’s Platinum Global Partner, LR will play a central role in shaping…


Petrobras will supply renewable-content fuel for COP 30

Product will be used in generators and bus fleets During the 30th United…


UKCS pipeline interconnectivity demonstrates the importance of a managed transition

Westwood’s latest report for Offshore Energies UK (OEUK) examines offshore…


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