Energy.

New LNG carrier for Petronas LNG “Puteri Kelantan” delivered


Kawasaki Kisen Kaisha, is pleased to announce that Puteri Kelantan, a liquefied natural gas carrier newly built for Petronas LNG was delivered on September 24, 2026 at Hudong-Zhonghua Shipbuilding  in China (Shipyard). The vessel is owned by a joint venture company led by “K” LINE. The vessel is of the same type as the two other vessels delivered for PLL in May and June 2026. A naming ceremony…

Uniper and the Canadian project Ksi Lisims LNG sign landmark long-term LNG agreement


Uniper secures 2 mtpa of LNG from Canada’s Ksi Lisims LNG project under long-term contract Landmark contract strengthens the resilience and diversification of Uniper's global LNG portfolio Ksi…

European natural gas prices fall as Trump announces direct talks with Iran


European natural gas prices dropped on Monday after President Donald Trump announced direct talks with Iranian officials, easing fears of a Middle East supply disruption. The relief was only partial:…

Asso Group further expands its fleet with addition of the DP-2 IMR Vessel “Viking Reach”


Asso Group is excited to announce the signing of the Memorandum of Agreement (MOA) for the purchasing of the IMR vessel “Viking Reach”, following a purchase agreement with  her Owners. The…

KONGSBERG and OCEANEERING Team selected by U.S. Department of War to support DIU CAMP Program for XLUUV


KONGSBERG and Oceaneering International, Inc. announced their selection by the U.S. Department of War’s Defense Innovation Unit (DIU) to support the Combat Autonomous Maritime Platform (CAMP)…

DOF Group ASA announces letter of award for 4-year contract


DOF Group ASA announced that it has received a letter of award for a Very Large* 4-year contract. DOF will utilise Skandi Hera for the contract, which is expected to commence between late 2026 and…

Goldman upgrades oil prices forecast on higher structural security premium


Goldman Sachs revealed in a note Monday morning that it has raised its long-dated oil price assumption by $9 per barrel to $76 at the peak of the U.S.-Iran war, citing a higher structural security…

Halliburton wins Integrated Drilling and Completions Contracts for Granmorgu Deepwater Project Offshore Suriname, Operated by Totalenergies


Halliburton  wins major integrated well construction contracts for the GranMorgu deepwater development offshore Suriname, operated by TotalEnergies. The agreement includes drilling and completions…

Van Oord accelerates the rollout of offshore wind energy in Poland


 Van Oord has reached a significant milestone in the development of offshore wind energy in Poland. The company has successfully transported and installed all monopile foundations and transition…

Pusan National University and LR to establish first global certification framework for liquid hydrogen shipping


The partnership’s goal is to support the creation of liquid hydrogen systems with safety, consistency and global applicability at their core A new collaboration between Lloyd’s Register and Pusan…

Singapore’s low-sulfur marine fuel arbitrage arrivals from the West to drop further in April


Singapore’s low sulfur fuel oil arrivals from the Western markets are set to decrease for a third straight month in April, partly weighed down by unviable arbitrage economics due to persistently…

What does AIS have to do with $100+ Oil, $400k/day Tankers, and Gasoline Up 25%+?


At first glance, these outcomes appear to be driven purely by geopolitics and physical disruption. However, a critical, but less visible factor sits underneath: the breakdown of trust in maritime…

Energy market defined by “striking contradiction”, according to latest Willis Energy Market Review


Despite mounting loss activity, rising social inflation and geopolitical volatility, the energy insurance market remains deeply soft, with abundant capacity, intense competition and continued…

Woodside Tugboat contract boosts Louisiana spend to $1 Billion


Woodside Energy has awarded a services contract to Green Tug Towing – a joint venture of Harbor Docking & Towing and Saltchuk Marine – for the design and construction of four new tugs to be…

DeepOcean and Woodside advance subsea efficiency through dual-scope approach


Global ocean services provider DeepOcean and operator Woodside Energy  B.V.  have successfully performed simultaneous inspection and 3D scanning of subsea infrastructure at the Sangomar field…

Statement from IBIA Chair Adrian Tolson on the structural shift in the marine fuel landscape


It is hard to conceive of a more challenging time in the marine fuel industry to take on the role of Chair of IBIA. That said, the past two decades have brought their share of geopolitical shocks,…

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