Energy.
Nord Gas Solutions awarded contract for cargo handling and fuel supply systems for eight new VLGC vessels
Nord Gas Solutions has been contracted to supply the Cargo Handling System (CHS) and LPG Fuel Supply System (LFSS) for eight new 90,000 m³ Very Large Gas Carrier (VLGC) vessels ordered by BW LPG. The vessels will be constructed at HD Hyundai Mipo Dockyard (HD HM), marking the first time that VLGC vessels will be built at this yard within HD. The contract was signed in August 2026. The award…
Hellenic Cables achieves qualification of its 525 kV HVDC XLPE cable systems for submarine and underground applications
Expanding its technological capabilities in extra-high voltage power transmission and strengthening its position in the global HVDC market Hellenic Cables, the cables segment of Cenergy Holdings,…
Subsea7 awarded contract offshore Brunei
Subsea7 announced the award of a sizeable1 contract by Brunei Shell Petroleum (BSP). The contract covers the subsea installation for a Pipeline Replacement Project, offshore Brunei. Subsea7's…
Indian cabinet approves $8.8B to expand offshore oil and gas exploration
Investment under National Offshore Exploration Scheme Scheme targets 600 mil mt of oil equivalent The Indian cabinet has approved investments of up to Rupees 840 billion ($8.8…
Prysmian brings in new state-of-the-art burial tool to keep submarine cables safe
Prysmian has put into operation a brand-new burial tool – the latest generation heavy-duty plough - used for burying submarine cables deep under the seabed. The burial tool –…
Jet fuel flows through Suez Canal rise as Strait of Hormuz risks persist
Share of jet fuel flows via Suez rise to 94% Hormuz shipping risks return with US-Iran strikes Flows of jet fuel through the Suez Canal in the Bab al-Mandab Strait have picked up in…
Oil flows through Strait of Hormuz rise but remain below pre-war levels
A recovery in world oil demand is underway, with consumption set to rise from its May nadir on seasonal trends and as pent-up demand is released in line with a rebound in product supplies. Annual…
The Week in Alt Fuels: OCCS beyond pilots
Broader commercial deployment of onboard carbon capture and storage (OCCS) technology will depend on regulatory and infrastructure progress. Several shipowners and operators are testing onboard…
TotalEnergies and TPAO sign a cooperation agreement exploration
TotalEnergies and Türkiye Petrolleri Anonim Ortaklığı signed a Memorandum of Understanding on exploration opportunities. The MoU provides a framework for technical collaboration, including a joint…
Chevron consolidates Venezuela Heavy Oil Position in Asset Swap
Chevron Corporation announced it has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela, and subsidiaries of PDVSA in a mutually beneficial…
Gasum and Wasaline continue bio-LNG agreement through 2027
The companies reinforce their long partnership and commitment to developing sustainable maritime transport on the Baltic Sea. Nordic energy company Gasum and shipping company Wasaline have extended…
TotalEnergies makes a Hydrocarbon Discovery on the Moho License at the Republic of Congo
TotalEnergies EP Congo announces a hydrocarbon discovery on the Moho license, offshore the Republic of Congo, following the drilling of the MHNM-6 NFW exploration well targeting the Moho G……
DEME land reclamation in the Port of Cuxhaven
Together with our consortium partners Depenbrock, TAGU and Boskalis, DEME is working on the expansion of the offshore wind terminal at the Port of Cuxhaven, planned by Niedersachsen Ports. The…
SLB OneSubsea awarded contract for Shenandoah Field
New project with BOE Exploration and Production leverages advanced subsea technology to support enhanced recovery in the Gulf of America Global energy technology company SLB (NYSE: SLB) announced…
Ceasefire pulls oil off war highs, but physical markets need time to rebalance
The two-week US-Iran ceasefire announced overnight has taken the panic premium out of oil – but not the full risk premium. Prices are not snapping back to pre-war levels due to the scale of…
Chevron confirms oil discovery at Bandit Prospect in Gulf of America
Chevron Corporation confirmed an oil discovery at the Bandit prospect in the Gulf of America, as announced by operator Occidental. The exploration well is located in Green Canyon Block680, about 125…
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!
