Ship-to-ship transfers in the Gulf of Oman for Middle Eastern oil from inside the Strait of Hormuz have reached their limits after Saudi Arabia diverted exports from the Red Sea, adding to shipments from other producers, trade sources and analysts said…
Crude oil flows out of the Strait of Hormuz reached 33.7 million barrels so far in the week starting September 20, preliminary ship-tracking data from Kpler showed on Friday, putting exports roughly on track with the previous week's levels.The traffic comprised 19 tankers…
The US Senate is nearing a deal to reform laws to speed up permitting of large infrastructure projects after the White House compromised on how renewable energy is treated, though a vote is uncertain before the midterm elections, a top Senate Democrat said on Thursday…
Van Oord has named its two next-generation flexible fallpipe vessels Vindnes and Vestnes, with the 35,000-tonne-capacity ships scheduled for delivery in 2028 and 2029.The purpose-built vessels, currently under construction at Yantai CIMC Raffles Offshore in China…
Fincantieri's Norwegian subsidiary Vard has signed a contract, worth between $76 million and $86 million, to build a commissioning service operation vessel (CSOV) for Dong Fang Offshore, marking the fifth vessel ordered by the Taiwan-based marine contractor from the shipbuilder…
Eni has confirmed it was awarded a 100% participating interest in Indonesia's deepwater Sapukala exploration block, adding acreage adjacent to its existing portfolio and the future North Hub developments in the Kutei Basin.The award, previously…
ABL has been appointed by German transmission system operator 50Hertz to provide marine warranty survey services for the 2 GW Ostwind 4 offshore grid connection project in the German Baltic Sea.The consultancy will provide marine assurance for…
Ørsted and Nuveen Infrastructure have inaugurated the 913 MW Borkum Riffgrund 3 offshore wind farm in the German North Sea, Ørsted's largest offshore wind project in the country.The wind farm, owned equally by Ørsted and Nuveen Infrastructure…
Fugro has secured two additional survey contracts from Timor-Leste's Ministry of Petroleum and Mineral Resources for proposed pipeline routes supporting the Greater Sunrise TLNG development and Bayu-Undan Pipeline Highway projects.The awards…
Expro has secured a major integrated well services contract from an undisclosed Canadian operator for a 14-well life-extension campaign offshore Newfoundland, with work expected to start in the first quarter of 2027.The multi-product line contract covers services across Expro's Well Construction…
Subsea7 has secured a contract extension worth between $50 million and $150 million from Turkish Petroleum Offshore Technology Center (TP-OTC) for additional work on the Sakarya Phase 3 gas development offshore Türkiye.The additional scope covers…
The National Gas Company of Trinidad and Tobago (NGC) and Shell Trinidad and Tobago have finalized commercial agreements supporting the Aphrodite offshore gas project, with first gas expected by the second quarter of 2027.NGC's pipeline and…
Skyborn Renewables has signed a power purchase agreement (PPA) with Danish energy trader InCommodities Asset Management covering the 110.7 MW Nordergründe offshore wind farm in Germany.Under the agreement, which marks InCommodities' first offshore wind transaction…
Southeast Asia is developing more than 100 gigawatts of gas-fired power generating capacity and 70 million tons per annum of LNG import capacity, despite growing supply risks highlighted by the ongoing war in the Middle East, data from US think tank Global Energy Monitor showed on Thursday…
The US might consider leaving the International Energy Agency if there is no alignment on climate issues, US Energy Secretary Chris Wright said on Wednesday.'We're either going to reform the IEA or we will leave the IEA. My strong preference is that we reform it…
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