Energy.
TechnipFMC awarded iEPCI® contract for PETRONAS’ Limbayong Project Offshore Malaysia
TechnipFMC announced that its subsidiary, FMC Wellhead Equipment has been awarded a significant integrated Engineering, Procurement, Construction, and Installation contract by PETRONAS Carigali S. for the Limbayong deepwater project offshore Malaysia. This greenfield development will benefit from both our Subsea 2.0® configure-to-order (CTO) platform and iEPCI® execution of the entire subsea…
Project CAPTURED advances regulatory pathways for onboard captured CO2
EU ETS formally accepts deduction for onboard captured CO2 against vessel emissions IMO gives in-principle support to recognise carbon mineralisation as permanent CO2 storage Project CAPTURED has…
Capital Ship Management, K Shipbuilding and Lloyd’s Register target scalable wind-assisted propulsion for MR tanker sector
The project will assess whether wind-assisted propulsion can deliver commercially viable efficiency gains for standard product tanker operations. Capital Ship Management , K Shipbuilding and Lloyd's…
Oceaneering wins Five-Year Asset Integrity Contract in Qatar
Oceaneering International, Inc. (Oceaneering) announced that its Integrity Management and Digital Solutions (IMDS) segment has been awarded a five‑year inspection and asset integrity services…
AG Oil Flows: How far is normalisation
EXECUTIVE SNAPSHOT • Ceasefire shifts Hormuz from closure to controlled transit. • IRGC rejection of the IMO corridor creates conflicting navigation guidance. • Selective transits and…
Climate TRACE releases April 2026 Emissions Data
Climate TRACE reported that global greenhouse gas (GHG) emissions for the month of April 2026 totaled 4.9 billion tonnes CO₂e. This represents an increase of 0.1% vs. April 2025. Total global…
Chevron commits $1 Million to support Earthquake Relief in Venezuela
Chevron Corporation announced a commitment of $1 million to support immediate humanitarian relief efforts following the devastating earthquakes that struck Venezuela on June 24. The contribution…
SolarDuck and MARIN awarded €3.2 million subsidy to advance Offshore Floating Power Hub for remote subsea assets
RVO funding enables the Steady Seas research programme to develop a single-platform offshore solar solution for reliable, low-carbon power & utilities to support subsea infrastructure. Offshore…
Hong Kong completes its first SIMOPS Green Methanol Bunkering Operation Milestone supports IMO 2050 decarbonisation targets
The Hong Kong Seaport Alliance has successfully completed Hong Kong’s first simultaneous operations green methanol bunkering at the COSCO-HIT Terminals , marking a pivotal advancement in the port’s…
Two new discoveries in the North Sea
Equinor has discovered oil in the Troll area and gas and condensate in the Sleipner area. Both discoveries are considered commercial and were made in areas with well-developed infrastructure for…
Woodside Launches Trion Drilling Campaign
Woodside Energy, in partnership with Petróleos Mexicanos (PEMEX), has commenced the drilling campaign at the Trion Field, located in ultra-deep waters of the Gulf of Mexico. The start of drilling…
Trafigura signs battery-grade lithium carbonate offtake agreement with Smackover Lithium
Agreement secures 80,000 tonnes of battery-grade lithium carbonate from US domestic production over 10 years rafigura, a market leader in the global commodities industry, has signed a binding…
Lamprell signs MOU with RTE international
Lamprell announced that it has signed a strategic Memorandum of Understanding (MOU) with RTE international. This agreement establishes a non-exclusive framework for collaboration on future Offshore…
New interchange to support Pilbara’s clean energy future
The new Great Northern Highway Lumsden Interchange at Port Hedland in Western Australia’s central north coast, is complete, laying the foundation for Pilbara Ports new Lumsden Point development. The…
Analysts see oil at $100/bbl amid Hormuz disruption
Crude oil market analysts have warned that the ongoing disruption to oil flows through the Strait of Hormuz could send prices up to $100/bbl. Brent crude’s price has moved closer to $85/bbl after…
Strait of Hormuz shutdown sends Oil and LNG Prices surging as Middle East conflict escalates says ICIS
The US and Israel launched surprise missile strikes on Iran on 28 February, prompting retaliation across the Arab Gulf and heightening fears of a broader regional conflict. With tensions centred on…
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