As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will remain on stable ground during the year, enabling it to pursue new drilling assignments, …
Beacon Offshore Energy, a Texas-based exploration and production company, has brought its initial well on stream at a field in the Gulf of America (the U.S. Gulf of Mexico) and drilled another one, which is anticipated to begin production by the end of the first quarter of 2026. The post First oil & gas well …
First oil & gas well in US Gulf now online, second set to follow suit shortly Read More »
Dutch Van Wijngaarden Marine Services has signed a contract with compatriot shipbuilder and designer Neptune […] The post Newbuild Dutch multifunctional workboat to hit the market in September appeared first on Offshore Energy.
Vitol, an energy and commodities company, has prolonged its liquefied natural gas (LNG) sale and purchase agreement (SPA) with Brunei Energy Services & Trading (BEST), ensuring LNG supplies for four additional years. The post Vitol locks in LNG supplies through 2031 with Brunei-based firm appeared first on Offshore Energy.
Resolución de 1 de diciembre de 2025, de la Secretaría General de Transportes Aéreo y Marítimo, por la que se aprueba la actualización de la parte pública del Programa Nacional de Seguridad para la Aviación Civil Disposición 814 del BOE núm. 12 de 2026 La entrada Se aprueba la actualización de la parte pública del …
German dry bulk carrier owner and operator Oldendorff Carriers is deploying energy optimization technology […] The post German dry bulk carrier firm adopts fleet-wide energy optimization technology appeared first on Offshore Energy.
Singapore’s residual fuel oil stocks have averaged 1% lower so far in January than across December, Enterprise Singapore’s latest data shows. Changes in monthly average Singapore stocks from December to January (so far): Residual fuel oil stocks down 360,000 bbls to 25.44 million bbls Middle distillate stocks down 80,000 bbls to 8.18 million bbls Singapore’s …
The International Seafarers’ Welfare and Assistance Network (ISWAN) is delighted to announce that it has been granted consultative status by the International Maritime Organization (IMO). This recognition marks a significant milestone in ISWAN’s mission to champion the health, wellbeing and safety of seafarers worldwide. ISWAN’s application was approved by the 34th Assembly of the IMO, …
ISWAN granted consultative status at the International Maritime Organization Read More »
Platts, part of S&P Global Energy, is proposing to exclude Russian-origin LNG and Russian vessels from its East Mediterranean (EMM) LNG assessment specifications, effective Feb. 2. Following market feedback, and due to the upcoming EU ban on short-term Russian LNG starting April 25, 2026, Platts considers that Russia-origin LNG will not be merchantable on the …
Platts proposes to exclude Russia-origin LNG, vessels in East Med LNG assessments Read More »
ClassNK has released ‘ClassNK Technical Journal’. This journal is issued with the aim of contributing technologically to the maritime industry and other related sectors by presenting ClassNK’s technical activities and research outcomes. The latest issue, ‘ClassNK Technical Journal No.12 2026 (Ⅰ)’, features special articles on CCS (CO2 Capture and Storage), which has been attracting growing …
