Norway’s state-owned energy giant Equinor has wrapped up its investigation into a well control incident that occurred on a semi-submersible rig working in the Norwegian sector of the North Sea. This incident is classified as being in the company’s highest category of severity.
Everllence, formerly MAN Energy Solutions, has signed a cooperation agreement with Brazil’s Vale, a mining company and one of the country’s largest logistics operators, for the development of ethanol as a marine fuel. The partners will work on developing an advanced ethanol-powered engine, based on
Norwegian state-owned energy giant Equinor has found more black gold in the North Sea off the coast of Norway, thanks to drilling activities with one of Odfjell Drilling’s semi-submersible rigs.
Dutch Damen Shipyards Group has delivered a purpose-built vessel to Scottish Leask Marine, designed to support a range of sectors, including offshore wind, subsea, and wave and tidal energy projects, among others. The Multi Cat (MuC) 3113, named C-Trojan, was handed over to Leask Marine at Damen Shi
West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas player Conrad Asia Energy, has taken a step to secure future gas supply by greenlighting a final investment decision (FID) for a natural gas field in the West Natuna Sea off the coast of Indone
Following the completion of testing, Italian cabling giant Prysmian revealed it was ready to launch the new global standard for high voltage direct current (HVDC) submarine cable systems qualifying the use of 525 kV cables at an increased operating temperature of up to 90°C. Founded on the higher wi
Israel’s Navitas Petroleum has locked in the increase of its oil and gas footprint off the coast of the Falkland Islands by firming up a deal to get a lion’s share in a license within the North Falkland Basin.
Malaysia’s Velesto Energy, owner of premium jack-up rigs, has landed a multi-year drilling assignment for one of its rigs with Petronas Carigali, a subsidiary of the Asian country’s energy giant Petronas.
Greece’s Asso.subsea has signed the shipbuilding contract with China Merchants Heavy Industry (CMHI) for the construction of a second next-generation trenching support vessel (TSV), sister to the one announced in September 2025. The TSV Andromeda will be built at CMHI’s Shenzhen Shipyard, where the
As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned that oil prices could surge past $100 a barrel (bbl), if flo
MET International, the trading and wholesale arm of Switzerland-headquartered energy company MET Group, and Shell Global LNG Limited have signed a non-binding memorandum of understanding (MoU) to expand their existing long-term cooperation in LNG and gas trading. The agreement provides a framework f
OceanSTAR Engineering Holding, part of Singapore-headquartered OceanSTAR Elite group of companies, has secured a new deal with Petronas Carigali (PCSB), a subsidiary of Malaysia’s energy giant Petronas, for the provision of lease, operation and maintenance of a floating production, storage, and offl
European shipping company RFOcean has signed a binding long-term off-take agreement with ETFuels to purchase e-methanol at a fixed price from 2030. According to ETFuels, the agreement positions RFOcean ahead of binding and punitive new EU maritime emissions rules, the FuelEU Maritime regulation, whi
Norwegian energy data and intelligence company TGS has hired two platform supply vessels (PSVs), managed by Norway’s shipping company, Remøy Shipping.
