A liquefied natural gas (LNG) shutdown has led Qatar’s state-owned oil and gas giant QatarEnergy to issue a contractual force majeure notice to LNG buyers. The post LNG production freeze pushes QatarEnergy to invoke force majeure appeared first on Offshore Energy.
Germany’s Securing Energy for Europe (SEFE) has finalized a multi-year liquefied natural gas (LNG) supply agreement with Argentina’s Southern Energy (SESA) against the backdrop of rising energy security concerns that are looming over Europe and the globe in the wake of the U.S.-Israel military operation against Iran, which decided to close the Strait of Hormuz. …
Germany’s SEFE nails down 8-year LNG offtake with South American firm Read More »
El informe ‘Impacto del sector logístico por carretera en la Comunitat Valenciana’ elaborado por ITENE (Instituto Tecnológico del Embalaje, Transporte y Logística de la CV) junto a los transportistas y las principales industrias, señala al sector como pieza clave de la economía valenciana e identifica problemas y retos inmediatos de la actividad En la actualidad, …
Three players – Seadrill, an offshore drilling contractor, Kongsberg Maritime (KM), a technology player, and Hanwha Drilling, a provider of offshore drilling services – have forged an alliance to develop the next generation of remote dynamic positioning (DP) technology to establish new standards for offshore drilling safety, efficiency, and centralized operations. The post Seadrill, Kongsberg …
El European Employment & Social Rights Forum 2026, que se celebra esta semana en Bruselas, tiene como objetivo abordar los grandes retos y oportunidades de empleo, las competencias y los derechos sociales en Europa El Foro Marítimo Vasco lidera el Pacto Europeo de las Competencias para el Sector Naval, iniciativa estratégica de la Comisión Europea …
CHC do Brazil, part of CHC Helicopter that serves as a provider of helicopter services to the offshore energy sector and search and rescue (SAR) operations, has landed a new assignment with Norway’s state-owned energy giant Equinor at a huge pre-salt field in the Santos Basin off the coast of Brazil. The post CHC Helicopter …
CHC Helicopter scores new gig at Equinor’s giant field offshore Brazil Read More »
Japanese classification society ClassNK has issued its General Design Approval (GDA) for a cable-laying […] The post Japanese long-distance cable-laying vessel receives general design approval appeared first on Offshore Energy.
Escalating Middle East tensions risk disrupting nearly 30 million tonnes of dry bulk trade per month, equivalent to over 1,000 billion tonne-miles, or more than 7% of global dry bulk shipping demand. However, vessel diversions from the Red Sea via the Cape of Good Hope and potential for substitution of oil and gas with coal …
Middle East conflict creates short-term volatility in dry bulk trade and demand Read More »
President Donald Trump announced Tuesday that the U.S. Development Finance Corporation will immediately provide political risk insurance and guarantees for maritime trade through the Gulf, with the U.S. Navy prepared to escort tankers through the Strait of Hormuz. The president said in a post on Truth Social that the insurance and guarantees will be available …
Trump says US will provide insurance, military escort for ships in Hormuz Read More »
Following recent tensions in the Middle East Gulf, Far East propane and butane swaps jumped to their highest levels since February 2023 on impending supply tightness. Already, suspension at Juaymah Terminal at Saudi Arabia’s Ras Tanura had given an early signal of future supply tightness, which was reflected in the spot market late last week. …
