Energy.
Borr Drilling announce new commitments for three of its premium jack-up rigs
In West Africa, the Norve has received a binding letter of award from an undisclosed operator. The commitment is expected to commence in mid-December 2026 and includes a firm scope of three wells with an estimated duration of 245 days, keeping the rig committed into August 2027. The commitment also includes priced options with an estimated duration of 175 days. Shell Nigeria Exploration and…
Eni and PETRONAS explore innovative biofuel solutions
Signed a Feasibility Agreement to evaluate high-performance, commercially scalable bio-gasoline for potential future applications During the 2026 Formula 1 Italian Grand Prix, Eni and PETRONAS have…
SLB and Shearwater launch Amapá 3D Seismic Survey Offshore Brazil
Survey will address critical data needs as exploration interest grows following the Morpho discovery Global energy technology company SLB (NYSE: SLB) today announced the launch of the…
LNG bunker fleet may need to more than double by 2030 to keep pace with growing fuel demand
The global LNG bunker vessel fleet may need to more than double by 2030 as demand from LNG-fuelled ships grows faster than the infrastructure required to supply them, according to a new DNV white…
Eni strengthens and expands its presence in Uruguay’s offshore sector
Eni has signed, together with MIWEN (a wholly owned subsidiary of YPF) and the Uruguayan National Oil Company ANCAP, the official agreement for the entry in the OFF-5 exploration block offshore…
China’s massive oil reserves give Beijing leverage during Iran war
China’s vast oil stockpiles have allowed Beijing to slash crude imports during the Iran war, helping contain global oil prices and reducing its vulnerability to supply disruptions, The Wall Street…
WindEnergy Hamburg where the future of wind energy is negotiated
From market trends and energy storage to the expansion of offshore wind farms, and through to global growth potential: WindEnergy Hamburg’s six stages will bring together thought leaders from the…
ABO Energy and the City of Oulu sign agreement to advance hydrogen plant zoning
ABO Energy and the City of Oulu have signed a cooperation agreement to advance plans for a large-scale green hydrogen production facility in Oulu, northern Finland. The agreement builds on a site…
DOF Group awarded contract in the APAC region
DOF Group announced a Large* contract award for Subsea Construction and Pre-Commissioning Support services in the APAC region. Skandi Inventor will be deployed for the execution of offshore…
Equinor announces contract awards for four development projects on the Norwegian continental shelf
On behalf of partners, Equinor has awarded contracts worth around NOK 6 billion for four subsea projects. They are part of the first of several planned subsea development waves, in which contracts…
STAX Engineering lands $150 million to scale ship emissions capture
US-based emission reduction technology firm STAX Engineering has secured $150 million financing to boost its emissions capture system for ships. The funding will be used for contracted fleet build…
India’s first greenfield integrated refinery complex in a decade starts
India’s first greenfield integrated refinery complex in a decade began operations July 4, a development that will advance the country’s energy security and support its emergence as a key refining…
Oceaneering announces increase in Revolving Credit Facility to $345 Million
Oceaneering International, Inc. announced that it has entered into an amendment to its senior secured revolving credit facility (“Credit Facility”) to, among other things, increase the commitments…
The July 2026 edition of the DNV class rules and standards for ship and offshore
The July 2026 edition introduces new class notations and significant updates designed to support the maritime industry’s ongoing transition towards greater sustainability and innovation. This news…
India imports less coal despite higher power demand
India imported nearly 13% less coal in April than a year ago, even as electricity demand rose. The government said better domestic coal supplies reduced the need for imports, although coking coal…
China’s H1 Crude imports post sharpest drop since war began
EXECUTIVE SNAPSHOT • China's crude imports fell ~23% year-on-year in H1 2026, with May marking the low point at nearly 48% below prior-year levels; July data points to stabilization rather than…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
