Energy.
Hornbeck Offshore awarded Multi-Year Decommissioning Contract in the North Sea
Hornbeck Offshore Services, Inc., a premier integrated offshore services company, today announced that its subsidiary Helix Well Ops (U.K.) Limited has secured a multi-year decommissioning contract with a major operator in the North Sea. The contract is expected to commence in the second quarter of 2027 and has a firm duration of two years, with customer options to extend. Under the contract,…
Genevos and Koedood Marine partner on marine hydrogen fuel cells – ENGINE
French marine fuel cell company Genevos has partnered with Dutch marine engineering firm Koedood Marine to explore the deployment of hydrogen fuel cell systems on inland and coastal vessels. The…
How gas and power markets are inextricably linked in 2026
Amid strong North American electricity demand growth, gas remains key to the generating mix as a source of stable, reliable, dispatchable power. With gas often providing the marginal unit of…
Why China’s crude collapse isn’t the demand story it looks like
The import mirage Every few weeks a number lands that seems to settle the argument of China’s crude oil imports. The latest was showing imports falling to about 7.8 million barrels a day in May (as…
Jukka Nieminen appointed Chairman of the Board and Matti Malkamäki named CEO of Hycamite
Hycamite, a producer of low-carbon hydrogen and high-quality carbon materials, is strengthening its leadership team as it expands its operations. Jukka Nieminen has been appointed Chair of the Board…
Beyond Specification: Bunker Claims Insights, Early 2026
This report shares practical observations from these recent cases, highlighting recurring challenges and essential considerations for managing fuel quality issues effectively. Key findings Sharp…
South Korea moves to expand Canadian crude imports as diversification continues
South Korea is accelerating imports of heavy sour Canadian crude into its refining feedstock slate, as Asia’s third-largest crude buyer seeks to diversify supply sources and reduce its dependence on…
High Equinor activity creates value and jobs across Norway
High activity related to Equinor’s operations in Norway contributed NOK 142 billion in value creation and 82,000 full-time equivalents in Norway in 2025. The ripple effects increased from the…
DRIFT Energy and Enapter to develop marinised electrolyser technology for offshore hydrogen production
• DRIFT Energy and Enapter have entered into an agreement to develop a fully marinised AEM electrolyser designed to produce green hydrogen at sea. • The partners will adapt existing commercial…
Oil prices jump as Iran conflict escalates, disrupts shipping
Brent ends up nearly 7%, US crude gains 6% Iran's Revolutionary Guards threaten to torch ships in Strait of Hormuz Attacks force closures in Saudi Arabia, Qatar Hundreds of ships…
Prysmian takes the next step for increased power in affordable submarine cables
Prysmian has completed testing and is ready to launch the new global standard for high voltage direct current (HVDC) submarine cable systems qualifying the use of 525kV submarine…
Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman adjust production and reaffirm commitment to market stability
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met…
PwC projects $127 Billion Moon Economy – But energy infrastructure may be the real bottleneck
As NASA revises Artemis and PwC outlines $127 billion revenue by 2050 for the Moon’s economy, experts warn that alternative energy infrastructure, not just transportation, will determine whether…
Investigation following well control incident on Deepsea Bollsta
Equinor has completed the investigation of a well control incident on the “Deepsea Bollsta” drilling rig on 23 September 2025. The incident is classified in the company's highest category of…
The Potential of Nuclear-Powered Ships Moves to the Forefront at Posidonia 2026
Is the atom the answer to the puzzle of alternative fuels for shipping? Could the next great leap in maritime propulsion come not from alternative fuels, but from the atom? That question will move…
SolarDuck launches Advisory Board to accelerate development in subsea segment
Scale-up strengthens its Offshore Floating Photovoltaic strategy with expert advisors SolarDuck, a pioneer in Offshore Floating Solar Technology, today announced the launch of a high-level Advisory…
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