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Tech File: MacGregor LCO₂ Bow Transfer System

Aug 19, 2026

A new liquid carbon dioxide (LCO2) transfer solution built on proven technology from MacGregor enables the flexible, direct ship-to-well injection needed to support the EU’s carbon capture and storage goals.If the European Union is to meet its objective of net-zero emissions by 2050, carbon capture and storage (CCS) will have a significant part to play. The EU-funded CCS research and innovation project…

TGS Wins Mediterranean Contract, Upgrades Data Link Performance

Aug 19, 2026

TGS has been awarded a streamer acquisition contract in the Mediterranean. A Ramform Titan-class vessel is scheduled to mobilize in the fourth quarter of 2026, with the survey expected to have a duration of approximately 110 days.Kristian Johansen…

CNOOC Commissions Phase I of Bozhong 19-6 Gas Field

Aug 11, 2026

China's oil and gas major CNOOC announced on August 9 that its Phase I development project at the Bozhong 19-6 gas field began full production, with daily oil and gas output exceeding 5,200 metric tons of oil equivalent, or 37,960 barrels per day…

Trump Presses ExxonMobil, Chevron to Lower Fuel Prices After Record Profits

Aug 04, 2026

U.S. President Donald Trump accused ExxonMobil and Chevron on Monday of making 'too much money' off higher fuel prices and said the oil giants should 'give some of that back to the public,' a notable break from his usual alliance with the industry…

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Jul 30, 2026

Azule Energy, jointly owned by Eni and BP, has started construction of the topside process modules for the Greater PAJ floating production, storage and offloading (FPSO) vessel, with the first steel cutting ceremony held at Haiyang CIMC Raffles' Haiyang yard in China…

Egypt Confirms Drone Hit Damietta Gas Vessels

Jul 30, 2026

A drone caused the fire that engulfed two gas vessels at Egypt's Mediterranean port of Damietta, the Egyptian cabinet said on Thursday, confirming for the first time that the blaze which erupted a day earlier was the result of an attack rather than an accident…

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Jul 23, 2026

QatarEnergy has extended force majeure on liquefied natural gas (LNG) supplies to several Asian buyers and continues to lease out some of its LNG tankers through mid-October, trade sources said, signaling expectations that export disruptions could persist as the Strait of Hormuz remains closed…

Houthis Claim Attack on Saudi Tankers in Red Sea

Jul 23, 2026

The Iranian-aligned Houthis said on Thursday they struck two Saudi oil tankers as part of a naval blockade on Saudi Arabia, threatening to create a second chokepoint on global oil supplies alongside Iran's near-closure of the Strait of Hormuz…

Egypt Approves Oil, Gas Exploration

Jul 22, 2026

Egypt's parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British independent producer Perenco.Egypt is looking to bolster domestic energy production that…

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

Jul 13, 2026

Australia-listed Tetragon Energy has awarded a seismic reprocessing contract to DUG Technology as it begins the exploration phase of its offshore oil and gas program in the Philippines.The contract covers the reprocessing of four existing 3D seismic surveys spanning more than 4…

ECITB Global Launches New Suite of Safety Courses

Jul 08, 2026

ECITB Global has rolled out a suite of new courses designed to help workers operating in confined spaces within the engineering construction industry (ECI) across the world.The international skills body introduced the four new confined space…

Organized Lightning: Understanding the Evolution of Marine Electrical Systems

Jun 25, 2026

How well do we really understand the electrical systems powering today’s vessels? Many of us realize how important electricity is to our modern world but may be a bit shaky on the specifics. The Welsh comedian Tommy Cooper once joked, 'Electricity is a wonderful thing…

Venture Global, EnBW Ink New LNG Supply Deals

Jun 18, 2026

U.S. liquefied natural gas producer (LNG) Venture Global and German utility EnBW have signed new binding agreements for the supply of approximately 0.82 million tonnes per annum (mtpa) of LNG over a period of about five years beginning in 2026…

Inpex, Unions Reach Deal to End Ichthys LNG Strike

Jun 17, 2026

Australian unions said on Wednesday that they have reached a deal with Japan's Inpex to end strikes at the Ichthys liquefied natural gas (LNG) onshore and offshore facilities.Australia's Offshore Alliance began strike action on June 2, which…

Woodside Denies Knowledge of Reported ExxonMobil Takeover Interest

Jun 15, 2026

Australia's Woodside Energy said on Monday it was not aware of any proposal involving U.S. major Exxon Mobil and was not engaged in discussions regarding a potential transaction, responding to recent media speculation.Woodside's shares fell 2…

Logistics News

Houston Ship Channel Trade Tonnage Climbs 16%

Houston Ship Channel Trade Tonnage Climbs 16%

China Ships First Large Cargo of Brazilian Sorghum

China Ships First Large Cargo of Brazilian Sorghum

Conoship Adds 40-MWh Battery-Electric Option to CIP3800 Coaster

Conoship Adds 40-MWh Battery-Electric Option to CIP3800 Coaster

MoU Signed to Verify Emissions Reduction Through AI-Based Voyage Optimization

MoU Signed to Verify Emissions Reduction Through AI-Based Voyage Optimization

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