Energy.
Iraq oil exports rise in August amid discounts and Iran approval
Iraq increased its oil exports in August, with September shipments also expected to rise, as large discounts and Iranian permission for its tankers to pass through the Strait of Hormuz attracted buyers, according to a Reuters report. The export recovery for OPEC’s second-largest producer, which had been sharply reduced by the near-closure of the Strait of Hormuz since the Iran war began on…
Seatrium expands NUS CDE professorship agreement partnership with about 1.7M contribution to advance ocean renewable and energy innovation
Top-up brings total contribution, including matching funds, above S$5 million Deepens industry-academia collaboration, accelerating research, talent development and innovation for Singapore’s…
Equinor signs 5-year agreement for supplies to Germany
Equinor has signed a 5-year agreement with the Dutch energy company Eneco for supplies of natural gas from the Norwegian continental shelf. The gas volumes will be delivered to Eneco’s wholly owned…
Gasum strengthens power business –Tommi Riikonen to lead portfolio services
Gasum has appointed Tommi Riikonen to lead Gasum Portfolio Services in the power business. Riikonen will start in the position on 2 June 2026. The position is central to the development of Gasum's…
Borr Drilling acquisition of five premium jack‑up rigs through new joint venture
Borr Drilling announced that it has entered into definitive agreements to acquire five premium jack-up rigs from Fontis Finance for a purchase price of $287 million . The acquisition will be…
Equinor starts drilling major gas development in Brazil
Equinor has started the drilling phase for the Raia project in the pre salt of the Campos Basin, Brazil. This marks a key milestone for the partnership as the projects progresses towards planned…
SBM Offshore awarded FEED contracts for the Longtail project in Guyana
SBM Offshore is pleased to announce it has been awarded contracts by ExxonMobil Guyana Limited, an affiliate of Exxon Mobil Corporation, to perform Front End Engineering and Design studies for a…
ST LNG selects Baker Hughes as technology provider for US offshore LNG project
Baker Hughes to supply gas compression and power generation technology for ST LNG’s proposed 8.4 MTPA LNG export terminal Scope to include two LM6000PF aeroderivative gas turbine driven…
Trafigura signs long-term LNG supply agreement with KOGAS
Trafigura, a global leader in the commodities industry, has signed a long-term agreement to supply liquefied natural gas (LNG) to Korea Gas Corporation (KOGAS), the Republic of Korea’s national gas…
Green Oceans, four Tribes, and 11 other groups ask nine Federal Agencies to suspend Offshore Wind projects and potentially cancel the leases
The projects on the Outer Continental Shelf threaten National Security, Civil Aviation, and Maritime safety, but the Government dismissed these threats in awarding leases. The Government also failed…
PETRONAS presents ‘With All Our Hearts’, a film that embraces the spirit of Rukun Negara
In conjunction with this year’s National Day and Malaysia Day celebrations, PETRONAS proudly presents ‘With All Our Hearts’, a film that reflects on the enduring significance of the Rukun Negara as…
VLSFO extends climb on stronger bids
Spot differentials for very low sulphur fuel oil (VLSFO) recovered for a fourth consecutive trading day as stronger bids emerged. The Singapore VLSFO cash differential was pegged at a premium near…
New pilot project marks step towards large-scale restoration of oyster reefs in the North Sea
At least half a million flat oysters will be introduced into the Port of Rotterdam on 2 September as part of a new pilot project. It is the trial run of an innovative method combining nature…
PETRONAS Carigali achieves first Hydrocarbon from Bindu Field
PETRONAS Carigali , a wholly-owned subsidiary of PETRONAS, has achieved first hydrocarbon production from the Bindu field, located 210 kilometres off the coast of Terengganu. This achievement on 9…
Cadeler signs firm contract with Synera Renewable Energy for WTG Installation at the Formosa 4 Offshore Wind Farm in Taiwan
Cadeler announces that it has signed a firm contract with Synera Renewable Energy (SRE) for the transportation and installation (T&I) of 35 Siemens Gamesa 14MW wind turbines at the Formosa 4…
Global Infrastructure Partners Enters Agreement to Acquire Co-Control Stake of 49.99% in Eni CCUS Holding
Global Infrastructure Partners (“GIP”), a part of BlackRock and one of the world’s leading infrastructure investors, announced that it has entered into a definitive agreement to acquire a 49.99%…
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