Energy.
Saipem divestment of Shallow Water Drilling’s operations in Saudi Arabia completed
Saipem announces that it has completed the sale of its entire shareholding in Saudi Arabian Saipem Limited to ADES Saudi Limited Company, an indirect subsidiary of ADES Holding Company, an international operator active worldwide in offshore and onshore drilling services. The transaction, announced on 24 June 2026, has been completed after obtaining all applicable regulatory approvals and after…
Biofuel Bunker Snapshot: B30-VLSFO prices gain
Rotterdam and Singapore B30-VLSFO premiums over VLSFO rise
Slight gain for Rotterdam's B100 price
GAP to claim emission reductions from Maersk voyages
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…
Why the real oil shock may only begin when China returns
The oil market has so far avoided a full-blown supply shock through inventory drawdowns, rerouted Middle Eastern flows, higher WoS exports and refinery run cuts across Asia. But the market’s uneasy…
Seadrill announces private offering of $600 million senior notes
Seadrill Limited announced that, subject to market conditions, Seadrill Finance Limited, an exempted company limited by shares incorporated under the laws of Bermuda and a wholly owned subsidiary of…
Ran subsea operation from shore – reduced 14 days to 12 hours
For the first time, Aker BP and DeepOcean have carried out an advanced subsea operation without sending key personnel offshore. A job that previously took two weeks offshore was completed in a single…
bp simplifies organisational structure and announces leadership appointments
bp set out its new organizational structure to simplify the company, improve performance and grow value for shareholders. From 1 July 2026, bp will be organized around two distinct business…
Seascale Energy: A Strong First Nine Months
Nine months into operations, Seascale Energy continues to gain strong momentum as a marine fuel procurement platform built on scale and transparency in the bunker industry. Launched in May 2025 as a…
NYK Group operates Methanol-Fueled Bulk Carrier for BHP, achieving 65% GHG Emission Reduction World’s First Use of Low-Carbon Methanol Fuel on Oceangoing Bulk Carrier
NYK Bulk & Projects Carriers Ltd. (“NBP”), a member of the NYK Group, has successfully operated the methanol dual-fuel bulk carrier “Green Future” (“vessel”) using low-carbon methanol fuel,…
Jumbo Offshore completes mooring line installation for Errea Wittu FPSO | ExxonMobil Guyana
Jumbo Offshore completes mooring line installation for Errea Wittu FPSO mooring spread for ExxonMobil Guyana Ltd. at Uaru Field, Stabroek Block, Offshore Guyana Jumbo Offshore has completed mooring…
Lloyd’s Register FOBAS report warns of late year surge in marine fuel quality failures
The new analysis, which follows the publication of the H1 report earlier in 2025, highlights a marked deterioration in fuel quality in the closing months of the year. Lloyd’s Register has released…
Rotterdam bunker demand slips as RED boosts conventional fuel prices
Rotterdam is seeing its competitiveness erode as Europe’s largest bunker hub amid an uneven pace of national transposition of the EU’s Renewable Energy Directive III, which has hurt sales of…
Transocean announces contract award and extension Totaling $184 Million
Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract fixtures for two of its harsh environment semisubmersibles in Norway. In aggregate, the fixtures represent approximately $184…
Vantage Drilling announces ONGC Notification of Award for Platinum Explorer
Vantage Drilling International Ltd. announces that it has received a binding Notification of Award (NOA) from ONGC for the drillship Platinum Explorer following the conclusion of its tender for a…
PD Ports plays pivotal role in stregthening the UK’s renewable energy infrastructure
PD Ports has played a key role in a major logistics operation to support the development of solar energy infrastructure across the North of England. Working in close partnership with leading freight…
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