Energy.
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 Gjøa and Åsgard areas through a 10% interest in the producing Nova field (PL418), a 20% interest in the Ofelia development (PL929), a 49% interest in the Sierra Solberg discovery (PL263), and a…
Nord Gas Solutions awarded contract for cargo handling and fuel supply systems for new MGC vessels
Nord Gas Solutions has been contracted to supply the Cargo Handling System (CHS) and LPG Fuel Supply System (LFSS) for two new 40,000 m³ Medium Gas Carrier (MGC) vessels being built at HD Hyundai for…
Denmark’s energy islands to become regional game changers as offshore wind surges, says GlobalData
Offshore wind is becoming the backbone of Denmark’s clean energy future. The country plans to establish an artificial island in the North Sea with an initial capacity of 3GW and another island-based…
Saipem awarded a new contract in Türkiye for the client GOE Petrol Sanayi
Saipem has been awarded a new contract by GOE Petrol Sanayi for the Commissioning Services of the Osman Gazi Floating Production Unit (FPU), intended for the development of the Sakarya gas field in…
Saudi Aramco offers more oil outside Strait of Hormuz – report
Saudi Aramco has increased oil offerings for September loading outside the Strait of Hormuz, according to a Reuters report early Wednesday citing people familiar with the matter. The move follows…
Thomas Egebo steps down as CEO of Energinet
Energinet’s Board of Directors and Energinet CEO Thomas Egebo have agreed to end their cooperation. Deputy CEO and COO Søren Dupont Kristensen has been appointed acting CEO. Energinet is facing…
Corvus Energy expands LFP portfolio with Blue Whale NxtGen Power
High-power LFP system developed based on BYD battery technology extends Corvus’ NxtGen platform to tugs, workboats and ferries with high C-rate demand. Corvus Energy AS, the global leader in marine…
Fewer countries, higher output from reshaped international portfolio
“Equinor’s international oil and gas portfolio is simplified, improved and set for significant growth. We are on track to grow equity production outside Norway to 950,000 barrels of oil equivalent…
K Line announces delivery of two newbuilt LNG carriers for PETRONAS LNG
Kawasaki Kisen Kaisha, is pleased to announce that following the delivery of the newbuilt liquefied natural gas carrier, Puteri Johor for PETRONAS LNG on 29 May 2026, at Hudong-Zhonghua…
Nord Gas Solutions’ LNG regasification system selected for Exmar FSRU conversion
Nord Gas Solutions will supply a LNG regasification system module for Belgium based Exmar, a market leader of liquid gas transportation and floating LNG infrastructure. The system will be installed…
Equinor entered a securing rig capacity for high production on the Norwegian continental shelf
Equinor has entered into a letter of intent with Transocean for the use of three Cat D rigs on the Norwegian continental shelf. The agreement is worth around USD 1 billion and will contribute to…
Norway’s Aker-backed Føn Energy Services signs multi-million-euro contract with Baltic Power, the most advanced offshore wind project in Poland
Føn Energy Services Poland has signed a multi-year contract with Baltic Power for the delivery of integrated O&M services at the offshore wind farm in Poland The offshore wind market in the…
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…
LNG Bunker Snapshot: Rotterdam price declines on weaker premiums
Rotterdam’s LNG bunker price has fallen by $27/mt over the past week to $853/mt, driven largely by a 7% decline in LNG bunker premiums, which dropped from around $134/mt, to $125/mt. The front-month…
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