Energy.
Ula turns 40 a story about people, technology and value creation
On 6 October, it is 40 years since Ula started oil and gas production. The field was originally expected to produce for around 10–11 years. Four decades later, Ula is still in operation, thanks to technology development, continuous improvement and strong professional communities. When production started in 1986, few envisioned that Ula would still be operating 40 years later. New solutions,…
Oceaneering announces U.S. Navy Dry Deck Shelter Award
Oceaneering International, Inc. announced that its Aerospace and Defense Technologies (“ADTech”) segment has been awarded a follow-on U.S. Navy contract to provide Dry Deck Shelter maintenance,…
Vår Energi ASA completes acquisition of Pandion Energy AS’ portfolio
Vår Energi ASA has completed the acquisition of selected assets and licences from Pandion Energy AS, as announced on 18 June 2026. Through the acquisition, Vår Energi strengthens its position in the…
Fuel Switch Snapshot: Gas slide narrows LNG and LBM premiums over fuel oil – ENGINE
B100's premium over VLSFO widens to $40/mt in Rotterdam
Singapore's B100 draws level with LSMGO
Rotterdam's B30-VLSFO swings to $2/mt premium over VLSFO
Shell takes final investment decision to double LNG Canada capacity
Shell Canada Energy, an affiliate of Shell plc announced a final investment decision on LNG Canada Phase 2, which will double production capacity at the facility in Kitimat, British Columbia.……
Shell completes sale of interest in Gulf of America platform
Shell Offshore Inc., a subsidiary of Shell plc, has completed the previously announced agreement to sell its 50% non-operated working interest in the Na Kika platform and associated fields in…
NYK orders Newbuild Service Operation Vessel for Offshore Wind Power plants in Asia-Pacific
Contributing to the Expansion of Sustainable Energy in a Region Poised for Significant Growth NYK has ordered a service operation vessel from the PaxOcean Group, a member of Kuok Maritime Group,…
Gasum selected as power balancing and market services partner by TOWII renewables
TOWII Renewables is bringing two wind power projects online in Finland. Gasum has been selected as the balancing and market services partner for TOWII Renewables’ wind power projects in Finland.…
Soiltech awarded expanded scope on Deepsea Yantai
Soiltech’s scope on Deepsea Yantai under a contract with DNO and Elemental Energies in Norway has been expanded to include Soiltech’s SmartTransfer™ technology, with effect from fourth quarter…
MOL announced approval in principle AiP acquired for standard low-pressure liquefied CO2 carrier toward realisation of CCS Business in Japan
First Successful Result for a Standard Design Framework Utilizing MILES AiP acquired after completing risk assessment of CO2 handling operations specific to low-pressure liquefied CO2 carriers and…
ZERO44 brings carbon insetting and regulatory compliance together in industry-first solution
ZERO44, the maritime emissions compliance platform, has launched its new Carbon Insetting module, the industry's first software to bring regulatory compliance and carbon insetting decision-making…
K Line announced approval in principle AiP acquired for standard low-pressure liquefied CO₂ carrier toward realization of CCS Business in Japan
First Successful Result for a Standard Design Framework Utilizing MILES AiP acquired after completing risk assessment of CO2 handling operations specific to low-pressure liquefied CO2 carriers and…
Global coal demand set to increase this year amid Middle East conflict
The IEA Mid-Year Update sees higher natural gas prices spurring a shift towards coal in some regions in 2026, with the Strait of Hormuz situation key for the 2027 outlook Energy market disruptions…
Odfjell Drilling received Letter of Award from Vår Energi
Odfjell Drilling announced a Letter of Award with Vår Energi ASA for use of the Deepsea Bergen. The scope of work awarded covers a period of three years, starting in early 2028, following…
Jan de Nul announced Offshore wind farm Dieppe-Le Tréport halfway completed
This week, our jack-up installation vessel Vole au vent installed the 31st wind turbine at the French offshore wind farm Dieppe-Le Tréport, marking the halfway point of the installation campaign.…
Baker Hughes and Venture Global Advance Next Phase of U.S. Gas Infrastructure Growth
Secured a substantial order to supply gas compression systems for the Cloud Connector Pipeline project Awarded a major order for a modular liquefaction solution supporting Plaquemines LNG facility…
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