Energy.

WindEnergy Hamburg International wind energy sector pursues growth trajectory despite challenges


Driving the wind energy transition together: at WindEnergy Hamburg, the onshore and offshore wind industry’s global players affirmed their commitment to advancing the transformation. The focus was on the political, economic and technological conditions needed for climate-friendly and resilient energy systems. This year’s expo has set new standards in terms of information density and international…

France faces major resilience test as nuclear output rises and renewables scale up, says GlobalData


France is solidifying its reliance on nuclear power generation and accelerating energy storage deployment to bolster grid stability, while scaling up interconnections with neighbors. As variable…

Lloyd’s Register supports LNG carrier-to-FSU conversion for Perenco offshore gas project


The project underlines the growing role of asset life extension amid increasing demand for floating gas infrastructure. Lloyd’s Register is delivering classification and technical assurance for the…

Equinor joins Chevron in Namibia exploration licence


Equinor has signed an agreement with Harmattan Energy Limited, a Chevron subsidiary in Namibia, to acquire a 17.4% participating interest in Petroleum Exploration Licence 90 in the Orange Basin…

“Solidarity” announced as official name for Poland’s first FSRU


GAZ-SYSTEM has decided on the name of the first FSRU vessel to be located in the Gulf of Gdańsk. This is more than just a symbolic reference to the history of the city of Gdańsk. In an era when…

New offshore drilling contract for Saipem worth approximately 260 million USD


Saipem has been awarded a new offshore drilling contract by Eni Côte d’Ivoire Limited, valued at approximately 260 million USD. In particular, the drillship Santorini will be deployed…

KOIL Energy secures significant contract in Brazil for maintenance services


KOIL Energy Solutions, Inc., a global leader in subsea equipment and services, today announced that it has secured a significant contract in Brazil, marking the Company's first subsea umbilical…

Middle East April bunker fuel demand shifts as Hormuz shipping risks unsettle trade flows


Bunker fuel demand across key Middle Eastern ports declined in April as the war created uncertainty about ship movement and constrained fuel supply, although activity at some Omani ports recovered…

Turkish gas and LNG imports grow, targets to become a regional gas hub


Turkey is expected to play a pivotal role in delivering a diversity of gas and LNG this summer to Central, Eastern Europe and the Balkans, as it solidifies its place as a regional hub, traders…

INA and MOL held constructive talks with the Syrian Petroleum Company on the reactivation of INA’s operations in Syria


Representatives of INA and MOL Group have concluded a series of productive and constructive meetings with a high-level delegation from the Syrian Petroleum Company (SPC). The three-day visit focused…

Neptun Deep progress: pipelaying kicks off in the Black Sea


Length of the pipeline bringing gas ashore: 160 km The first of the pipe-laying vessels, the Castoro 10, has arrived in Romania OMV Petrom, the largest integrated energy producer in South-Eastern…

Supply squeeze: Europe’s offshore wind sector sees turbine prices jump 40-45% as manufacturer options shrink


Europe's offshore wind expansion is running into a structural supply constraint where the turbine market is becoming increasingly concentrated. GE Vernova, Siemens Gamesa and Vestas have…

Korea secures 210 million barrels of Saudi, U.S. crude oil, counters Iran war supply shocks


Korea secured roughly 210 million barrels of crude oil for May to July — more than 80 percent of the volume imported over the same period last year, despite massive supply shocks due to…

Vår Energi exercises second option for COSLPioneer


COSL announced that Vår Energi has exercised the second option for COSLPioneer, underscoring its continued confidence in our delivery and operational capabilities. This extension…

Eni’s Geliga 1 giant gas discovery delivers exceptional test results offshore Indonesia


Eni announces that the Geliga‑1 discovery has been successfully tested. A Drill Stem Test (DST) was carried out, confirming outstanding reservoir productivity. Test results demonstrate…

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