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Europe
Authorities & Government

Europe cranks up the heat on Russia’s shadow fleet with latest sanctions package

The European Council has adopted the 16th package of sanctions against Russia to ‘ramp up’ the pressure on the country’s so-called ‘shadow’ fleet as well as curb attempts to circumvent the measures. Now well into its fourth year, Russia’s aggression on Ukraine continues to disturb the balance of glo

about 1 year ago
LNG-powered HMM Sky wraps up first commercial STS bunkering operation
Business Developments & Projects

LNG-powered HMM Sky wraps up first commercial STS bunkering operation

Newbuild 7,700 TEU containership HMM Sky, said to be the first LNG-fueled containership in South Korea, has undergone its first commercial ship-to-ship (STS) LNG bunkering operation.

about 1 year ago
Frontal view of a vessel at sea
Business Developments & Projects

Partners begin permitting process for circular methanol and hydrogen plant in Italy

MET Development, Eni and Iren Ambiente have started the permitting process for a circular methanol and hydrogen production plant at Eni’s refinery in Pavia, Italy.

about 1 year ago
People standing on stage with confetti falling down
Business & Finance

Keel laid for Indonesia’s first FLNG unit

China-based provider of clean energy services Wison New Energies (WNE) has held the keel laying ceremony for a floating liquefied natural gas (FLNG) unit set to be deployed at a project Malaysia’s investment holding and management player Genting is developing offshore Indonesia.

about 1 year ago
ExxonMobil, Mitsui and Woodside investing $200M in Australian gas project
Business & Finance

ExxonMobil, Mitsui and Woodside investing $200M in Australian gas project

Esso Australia, an Australian affiliate of ExxonMobil, and its co-venture partners Mitsui and Woodside Energy are planning to invest almost $200 million into a project offshore Australia that will bring additional gas supply from the Gippsland Basin online. The Kipper 1B Project will use the VALARIS

about 1 year ago
Shearwater Geoservices has secured a contract from ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, for a large deepwater 4D ocean-bottom node (OBN) seismic survey.
Business Developments & Projects

Shearwater to carry out seismic survey for ExxonMobil in Guyana

Norwegian marine geoscience and technology company Shearwater Geoservices has secured a contract from ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, for a large deepwater 4D ocean-bottom node (OBN) seismic survey. According to Shearwater Geoservices, the survey is set to begin

about 1 year ago
UK and French regulatory authorities sit down to discuss further joint electricity interconnection
Authorities & Government

UK and French regulatory authorities exploring additional joint electricity interconnections

French Energy Regulatory Commission (CRE) and Great Britain’s independent energy regulator Ofgem have come to an agreement to continue exploring further electricity interconnection development opportunities of around 1 GW capacity between France and the UK. The countries have an electricity partners

about 1 year ago
An offshore vessel
Business & Finance

Saipem and Subsea7 unveil merger plan

Italy’s engineering, drilling, and construction services giant Saipem has signed a memorandum of understanding (MoU) for the possible merger with UK-based energy player Subsea7.

about 1 year ago
Three bound4blue eSAILs installed on EPS’ tanker
Business Developments & Projects

Three bound4blue eSAILs installed on EPS’ tanker

Spain’s automated wind-assisted propulsion system specialist bound4blue has completed the installation of its suction sails on a tanker vessel owned by Singapore’s Eastern Pacific Shipping (EPS).

about 1 year ago
AI
Collaboration

New maritime AI collaboration targets fuel efficiency and emission reduction

The Cyprus-headquartered SmartSea, a logistics-oriented IT company, and the UAE-based provider of technological solutions Digital Energy AI have teamed up to explore the potential of artificial intelligence (AI) in the marine and offshore energy sectors. As disclosed, the all-embracing goal of the c

about 1 year ago
Construction starts on Hyoffwind green hydrogen facility in Zeebrugge
Business Developments & Projects

Construction starts on Hyoffwind green hydrogen facility in Zeebrugge

Construction has started on the Hyoffwind green hydrogen production facility in Zeebrugge, Belgium.

about 1 year ago
ScottishPower and Shoreham Port reveal plans for green hydrogen plant
Business Developments & Projects

ScottishPower and Shoreham Port reveal plans for green hydrogen plant

UK’s Shoreham Port has formed a partnership with ScottishPower, a part of energy company Iberdrola, to explore the development of a green hydrogen production facility.

about 1 year ago
TMS
Vessels

Chinese yard confirms order for LNG dual fuel boxships placed by TMS

China’s Zhoushan Changhong International Shipyard has confirmed the order for up to 10 liquefied natural gas (LNG)-powered dual-fuel containerships booked by Greek shipping magnate George Economou-led TMS Group. The shipbuilding project was signed with TMS Group at the beginning of February 2025 whe

about 1 year ago
Shell recently brought online its new FPSO Penguins; Source: Sevan
Business & Finance

Rekindled Shell-BP merger rumor mill going wild: Wishful thinking or real possibility?

Speculation is running rampant over a potential business combination between two oil majors, with the energy industry abuzz over the alleged merger between the UK-headquartered Shell and BP and the implications such a mega consolidation move could have on the global scene.

about 1 year ago
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