Energy.
Alfa Laval selected by Saipem to supply heat transfer technology for one of Europe’s largest carbon capture projects
Alfa Laval has been selected by Saipem, the EPC (Engineering, Procurement, Construction) contractor for Stockholm Exergi's BECCS (Bioenergy with Carbon Capture and Storage) project to supply heat transfer equipment for one of Europe's largest bioenergy carbon capture facilities. The project is expected to begin operations in 2028 and will capture, liquify, and permanently store up to 800,000…
Global demand for LNG expected to grow by 65% by 2050
Global demand for liquefied natural gas (LNG) is expected to increase to nearly 700 million tonnes a year by 2050, an increase of around 65% from 2025 levels1, according to Shell’s LNG Outlook…
Eni enters the upstream of the Argentina LNG integrated project
Eni signed the Sale and Purchase Agreement (SPA) for the acquisition of a 32% interest in three upstream blocks (Meseta Buena Esperanza, Aguada Villanueva, and Las Tacanas), which are part of the…
Marine battery maker AYK Energy seals nine-vessel deal with Grimaldi Group
Rapidly expanding battery manufacturer AYK Energy is playing a major role in shipping giant Grimaldi Group’s delivery of a new generation of vessels looking to define modern shipping. AYK has…
Omega Subsea partners with AGR for North Sea ROV and survey operations
Omega Subsea has entered into a long-term partnership with AGR for the delivery of offshore survey and ROV services onboard the vessels Aquaman II and Ross Eagle, supporting growing offshore activity…
IMCA issued diver safety warning as global subsea decommissioning accelerates
New guidance aims to reduce diver risk as ageing offshore infrastructure drives increasingly complex dismantlement operations The International Marine Contractors Association has published new…
Worley Rosenberg awarded subsea fabrication contract for Equinor’s Fram Sør development in the North Sea
Worley Rosenberg has been awarded a new contract by Subsea7 for the fabrication of subsea structures for Equinor’s Fram Sør development in the northern North Sea. The project represents an…
SLB and Vår Energi expand Digital Collaboration to scale Well and integrated Field Development Planning
Agreement supports Vår Energi’s ambition to reduce time to first oil, building on multi-discipline, collaborative well planning workflows that reduce cycle times from months to days Global technology…
Ammonia Power IACS updates UR M78 to drive zero-carbon shipping
The International Association of Classification Societies has announced a landmark revision to its Unified Requirement UR M78, introducing comprehensive safety requirements for marine engines…
CF Industries, Trafigura and TFG Marine sign MOU to advance low-carbon ammonia for maritime decarbonisation
CF Industries Holdings , a leading global manufacturer of hydrogen and nitrogen products, Trafigura, a market leader in the global commodities industry, and TFG Marine, a leading global marine fuel…
Chevron takes final investment decision on Leviathan Gas expansion
Chevron Corporation by its subsidiary, Chevron Mediterranean Limited, and the working interest owners of the Leviathan natural gas reservoir have reached a Final Investment Decision to expand the…
Empire Wind granted preliminary injunction allowing construction to resume
The U.S. District Court for the District of Columbia today granted Empire Offshore Wind LLC a preliminary injunction that allows construction activities to resume on the Outer Continental Shelf…
TotalEnergies and Bapco Energies launch BxT Trading, a new player in the trading of petroleum products in the Middle East
TotalEnergies and Bapco Energies are launching BxT Trading, an equally owned trading joint venture backed by flows from Bapco Energies’ Refinery. The signing ceremony was witnessed yesterday by His…
Cargill advances Maritime Decarbonisation with delivery of First Green Methanol dual-fuel vessel
Brave Pioneer is the first in a new fleet of chartered vessels designed to scale Cargill’s investment to low-carbon innovation across dry-bulk shipping Cargill announced the maiden voyage of Brave…
US oil drilling to slow as prices slump, Venezuela growth could amplify pressure, EIA says
Lower oil prices are expected to cut U.S. drilling activity and reduce output by 1% this year from the top producing country, while potentially higher supply from Venezuela could add pressure,…
Opec forecasts slight demand growth slowdown in 2027
Opec unveiled its projections for 2027 today, showing a slight slowdown in global oil demand growth. In its first Monthly Oil Market Report (MOMR) this year, Opec said oil demand would grow by 1.34mn…
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