Energy.
Boskalis awarded contract for inter-array cable installation at Zeevonk Offshore Wind Farm Phase 1
Boskalis has been awarded a contract by Zeevonk, the joint venture between Vattenfall and Copenhagen Infrastructure Partners, for the transport and offshore installation of the inter-array cable system for phase 1 of the Zeevonk Offshore Wind Farm in the Dutch North Sea. The contract represents a value that is considered to be sizable. The contract scope includes the transport and installation of…
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…
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…
Seatrium achieve Industry-First Dual FPSO Sailaway, showcasing Turnkey Execution at Scale
Poised for industry-first dual FPSO sailaway of P-80 and P-82, departing within weeks of each other Among the world's largest FPSOs, P-80 and P-82 will add 450,000 barrels of oil per day, or 34%…
BIO-UV upgrades Bio-Sea control panel with traffic light system
BIO-UV Group has upgraded the control system for its BIO-SEA ballast water management system , introducing new features to help crews identify changes in treatment capacity and filter performance…
South Korea secures 88% of May crude needs from balanced mix of supply sources
South Korea secured close to 90% of its monthly crude oil requirements in May amid the Middle East conflict, as the refining sector successfully procured many sour crude cargoes via the Red Sea and…
Equinor and Vår Energi agree asset swap in Troll and Gjøa areas
Equinor and Vår Energi have agreed to a swap of assets on the Norwegian continental shelf (NCS). The transaction enables further maturation of the Peon gas discovery towards development…
Iraq seeks reassessment of OPEC production quotas
Iraq's Oil Ministry said Friday that OPEC has started to gradually restore the country's pre-war production allocations. The ministry stated this move would strengthen Iraq's output capacity and…
Biofuel Bunker Snapshot: B30-VLSFO prices fall across Europe and Asia
Europe Rotterdam’s B30-VLSFO (POMEME) price has dropped $34/mt in the last week. This drop comes despite an $11/mt gain in the Dutch port’s VLSFO price. The B30-VLSFO price premium over conventional…
Naftogaz and US Delegation discuss equipment, LNG Supplies, and joint investment projects at URC 2026
Naftogaz Group held a series of substantive meetings with the United States delegation during the Ukraine Recovery Conference 2026 in Gdansk. This year saw the largest US delegation in the history of…
Perenco Vietnam signs Gas Sales and Purchase Agreement for Su Tu Trang, Block 15-1 Phase 2B, Offshore Vietnam
Perenco Vietnam announced the signing of the Gas Sales and Purchase Agreement (GSPA) for the Su Tu Trang Phase 2B project on Block 15-1, offshore Vietnam. Su Tu Trang Phase 2B will supply more than…
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…
Murphy Oil Corporation announces oil discovery at Bubale-1X Offshore Côte d’Ivoire
Murphy Oil Corporation announced an oil discovery at the Bubale-1X exploration well in Block CI-709, located approximately 40 miles offshore Côte d’Ivoire. The Bubale-1X well was drilled to a…
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