Energy.
Transocean announces $80 million contract for Ultra-Deepwater Drillship
Transocean announced that the Deepwater Conqueror was awarded a two-well contract for work in Equatorial Guinea with an undisclosed operator. The estimated 170-day campaign is expected to commence in 2027 in direct continuation of the rig’s current contract in the U.S Gulf and contribute approximately $80 million in backlog, excluding additional services and compensation for mobilization and…
The looming crisis putting Europe’s energy security at risk
New methane rules mean the EU risks losing up to 43 percent of its natural gas and up to 87 percent of its oil supply.1 With a smaller proportion of oil and gas supplies likely to be compliant,…
Vitol Bunkers launches first ever bunkering service at Gwadar Port, Pakistan
“We are pleased to be able to supply our customers a range of high-quality fuels from important locations in Pakistan. Gwadar Port is a deepwater port which has benefited from significant…
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)…
Hong Kong launches incentives to boost alternative fuel uptake
Hong Kong’s Marine Department (MD) will introduce two new incentive schemes from 16 June to encourage greater use of alternative marine fuels. Both programmes will remain in place for three years.…
MOL, JERA sign long-term time charter contract for 2 ammonia carriers
Major Step in Establishing Japan's First Large-Scale Low-Carbon Ammonia Value Chain Mitsui O.S.K. Lines, announced the signing of a long-term time charter contract with JERA for two very large gas…
Hydrogen Power Hubs earn ELIRE Maritime International recognition for Port Decarbonisation Innovation
ELIRE Maritime has received international recognition for its Hydrogen Power Hubs after being awarded Ports and Harbors Innovation of the Year at the Advanced Maritime Technology International Awards…
Kickster fuel marketplace a live fuel pricing dashboard accessible for all companies why it matters
Live marketplace data of the FuelEU Marketplace by KICKSTER reveals executable FuelEU compliance prices significantly below published market benchmarks of other platforms, demonstrating the…
Multimillion Pound investment to expand EMEC tidal energy R&D infrastructure
Tidal energy testing will be expanded in Orkney – cementing Scotland’s place as a clean energy superpower and unlocking greener power for communities. Three major new research programmes, backed by…
Tullow signs Sale and Purchase Agreement to acquire the TEN FPSO in Ghana
Tullow Oil announced that its wholly-owned subsidiary Tullow Ghana Limited (TGL) on behalf of itself and its joint venture (JV) partners has signed a Sale and Purchase Agreement (SPA) with T.E.N.…
ANPG and Azule Energy announce the Start Up of Ndungu full field, marking another major milestone in the Agogo Integrated West Hub Development
The National Agency for Petroleum, Gas and Biofuels (ANPG) and Azule Energy announced on 18 February, the successful achievement of Ndungu full field start-up with the first oil of 3 production…
DOF Group ASA – High-grading of AHTS fleet through vessel transactions
DOF Group ASA announced that it has entered into an agreement to purchase the very high-end AHTS vessels Aurora Saltfjord and Aurora Sandefjord (“the Vessels”). The Vessels are 2011-built…
Saipem agreement reached on main terms for the acquisition of the Deep Value Driller drillship
Saipem announces that it has reached an agreement with Deep Value Driller AS (“DVD”) on the main terms and conditions for the acquisition of the seventh generation mobile offshore drilling unit…
Hellenic Cables has been awarded the contract to supply inter-array cables for the BC-Wind offshore wind project in Poland
Supporting a 390 MW offshore wind project in the Baltic Sea as a subcontractor for DEME Hellenic Cables, the cables division of Cenergy Holdings, has been awarded a contract by DEME to supply…
MISC to deliver and operate Papua New Guinea’s first Floating Storage & Offloading (“FSO”) Unit
MISC Group announced its maiden entry into Papua New Guinea, having secured long-term Bareboat Charter and Operations & Maintenance contracts with ExxonMobil PNG Limited (“EMPNG”), a subsidiary…
Europe & Africa Bunker Fuel Availability Outlook by ENGINE
Tight prompt VLSFO and LSMGO supplies in ARA; operations back to normal in Gibraltar as weather improves; VLSFO and LSMGO availability improves in Lome. Tight prompt VLSFO and LSMGO supplies in ARA…
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