Energy.
MOL world’s first LNG carrier equipped with Wind Challenger
Scheduled for Delivery Under a Long-Term Charter to Chevron in Late September Mitsui O.S.K. Lines, announced that it held a naming ceremony on September 10, 2026, at Hanwha Ocean Geoje Shipyard in South Korea for the world's first LNG carrier that equipped with two units of Wind Challenger, Hard sail wind-assisted propulsion system. The vessel will be delivered under a long-term charter contract…
Saipem has entered into a binding sale and purchase agreement with ADES for the divestment of its Shallow Water Drilling activities in Saudi Arabia
The transaction value amounts to USD 285 million The transaction is part of Saipem’s strategy to focus on deepwater and harsh-environment offshore drilling Completion of the transaction is expected…
Provaris FEED Milestone for LCO2 Tank and DNV approval process
Highlights Major FEED milestone achieved: detailed engineering package for the proprietary YP-Provaris LCO2 tank completed and submitted to DNV, advancing the design toward Approval in Principle…
TotalEnergies enters in the Bab Gas Cap Concession in the United Arab Emirates
TotalEnergies has signed its entry into the Bab Gas Cap Concession in Abu Dhabi, with a 10% interest, alongside ADNOC (60%), bp (10%), CNPC (8%), JODCO/INPEX (5%), ZhenHua (4%) and GS Energy (3%).…
MOL signs 1st annual LNG bunkering deal for car carriers on US West Coast
Expanding Stable LNG Fuel Supply Volumes and Area Mitsui O.S.K. Lines, announced that MOL and Seaspan Energy have signed the first annual contract for LNG bunkering for car carriers at the Port of…
Yinson Production opens Shanghai office to strengthen project execution and client support
Yinson Production today officially opened its Shanghai office, strengthening its presence within one of the world’s leading offshore engineering and fabrication hubs and supporting the company’s…
EmissionLink successfully completes FuelEU pooling submissions for over 600 vessels
EmissionLink, the integrated emissions management service, says FuelEU compliance has moved beyond regulation to become a commercial optimisation challenge, after completing its first FuelEU Maritime…
Nordion Energi acquires EON Sverige’s shares in Kalmar Energi, thereby entering into a partnership with Kalmar Municipality
“We are delighted to enter into this collaboration with Kalmar Municipality. Electricity grids, district heating and fibre constitute the basic infrastructure for a municipality to be able to grow…
Bunkering Services Initiative marks the start of operations across the ARA region
Leading marine fuel buyers and suppliers developed the Initiative to deliver unprecedented levels of accountability and efficiency. A group of leading companies officially launched the Bunkering…
Edison expands its ship fleet
Edison expands its ship fleet: contract signed with Knutsen for a new LNG carrier The vessel, with a capacity of 174,000 cubic meters, will support the growth of the LNG portfolio and the Group's…
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 strain from drone attacks, sanctions Russia's revenues from exports of crude oil and refined products fell again in…
Samsung Heavy Industries Develops Offshore SMR, Accelerating Commercialization
Floating Offshore Nuclear Power Platform FSMR Receives US ABS Certification Samsung Heavy Industries has developed a floating offshore nuclear power platform "FSMR" capable of mounting…
Five offshore wind themes to watch in 2026
The offshore wind market slowed further in 2025, prompting a shift in behaviours. Governments that continue to support offshore wind are now attempting a more deliberate approach to prioritise…
Westing Management Solutions enters the Moldovan Market: Modern Solutions for Renewable Energy, Storage, and Smart Digitalisation
The Republic of Moldova's energy market continues to attract international investors. The newest player is Westing Management Solutions — a company with mixed capital from Hungary, the Republic of…
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 ETS Clause for incorporation into Memoranda of Agreements (MoAs) for the sale and purchase of ships. The FuelEU Maritime…
Schneider Electric debuts One Digital Grid Platform to help utilities modernise and address Energy Costs
AI-enabled platform integrates planning, operations and asset management without the need to overhaul existing systems Provides real-time outage restoration estimates, including for storms and…
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