Energy.
H2SITE secures €3.4 Million NOK 39.1 million in Enova Funding to scale onboard ammonia-to-power for Commercial Maritime applications
The 700 kW system builds on H2SITE’s previous maritime deployments and is designed as a modular, replicable solution for auxiliary power onboard vessel. H2SITE has secured €3.4 million (NOK 39.1 million) in funding from Enova for HydraNord Power, a project that will develop and validate a commercial-scale onboard ammonia-to-power system for the maritime sector. Enova is one of the Norwegian…
EU maritime emissions rose in 2025 as more ships entered MRV reporting scope – ENGINE
Greenhouse gas (GHG) emissions by ships on EU-linked voyages increased in 2025, according to EU MRV data, largely due to new ship categories entering the reporting scope.
Saipem awarded new contracts in Ivory Coast and Italy by Eni worth approximately 800 million euro
Saipem has been awarded two new contracts, one offshore in Ivory Coast and one onshore in Italy, for a total value of approximately 800 million euro. The first contract, awarded by Eni Côte d’Ivoire…
Saudi Arabia’s Red Sea crude bypass peaks in March and declines 41% by June
Gulf crude exports fall 82% from January to June; Iraq, Kuwait and Qatar record zero exports as Strait of Hormuz remains severely constrained Saudi Arabia redirected virtually all crude exports…
Skuld announces UK Emission Trading Scheme for Maritime entering into force on 1 July 2026
Following the EU regulations aimed at reducing greenhouse gas (GHG) emissions in shipping, the UK Emission Trading Scheme (UK ETS) for Maritime became effective on 1 July 2026 and applies to domestic…
Equinor extends helicopter contract worth NOK 1.7 billion
Equinor has extended its agreement with CHC Helikopter Service for personnel transport and search and rescue services in Central Norway until 2030. Equinor has exercised two options with CHC. The…
Governments around the world commit to making energy efficiency a cornerstone of energy policy amid Strait of Hormuz crisis
Dozens of governments from across the globe issued a joint statement today agreeing to make energy efficiency a cornerstone of energy policy, recognising its critical role in building resilience…
Renewable shipping fuel supply at risk as EU Proposal threatens key delivery pathway
Eurogas and 44 co-signatories are warning that proposed changes to EU sustainability certification rules could undermine liquefaction by equivalence, a key pathway used to supply bioLNG and eLNG to…
Borr Drilling acquisition of five premium jack‑up rigs through new joint venture
Borr Drilling announced that it has entered into definitive agreements to acquire five premium jack-up rigs from Fontis Finance for a purchase price of $287 million . The acquisition will be…
Equinor starts drilling major gas development in Brazil
Equinor has started the drilling phase for the Raia project in the pre salt of the Campos Basin, Brazil. This marks a key milestone for the partnership as the projects progresses towards planned…
SBM Offshore awarded FEED contracts for the Longtail project in Guyana
SBM Offshore is pleased to announce it has been awarded contracts by ExxonMobil Guyana Limited, an affiliate of Exxon Mobil Corporation, to perform Front End Engineering and Design studies for a…
ST LNG selects Baker Hughes as technology provider for US offshore LNG project
Baker Hughes to supply gas compression and power generation technology for ST LNG’s proposed 8.4 MTPA LNG export terminal Scope to include two LM6000PF aeroderivative gas turbine driven…
Venture Global and Vitol announce new LNG purchase agreement
Venture Global, and Vitol announced the execution of a new, binding agreement for the purchase of approximately 1.5 million tonnes per annum of U.S. liquefied natural gas from Venture Global for…
Valmet’s automation enhances energy production efficiency and electricity market participation at Energie in Austria
Valmet is to deliver an energy balance optimizer digital solution to Energie AG Umwelt Service’s waste treatment facility in Wels, Austria, enabling the company to dynamically balance energy…
TotalEnergies signs agreements with US department of Interior to end its US offshore wind projects in the United States
TotalEnergies has signed settlement agreements with the United States Department of the Interior to relinquish its Carolina Long Bay lease and its New York Bight lease , both awarded in 2022, along…
Zephyr Marine Services signals new era for Namibian Oil Services as Taimi Nangula Itembu Steps into Leadership
Namibia’s rapidly expanding offshore energy sector has gained a critical new enabler with the launch of Zephyr Marine Services Pty Ltd - a locally owned company dedicated to marine asset logistics…
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