Ocean services provider DeepOcean has been awarded framework agreements by Vattenfall for the provision of subsea cable Operations and Maintenance (O&M) services, now valid for Vattenfall’s operational European offshore wind portfolio. The framework agreements are valid for a period of four years and apply to Vattenfall’s offshore wind farms in Denmark, the United Kingdom, Germany, […]

BW Energy has announced the extension of the Golfinho licence by Brazilian oil and gas regulator ANP. The production phase under the Golfinho concession contract has been extended to 2042 from previously 2031, following ANP’s approval of the Company’s field development plan in November 2024.    “The extension supports our long-term plans for developing the Golfinho […]

Maurel & Prom (M&P) has announced that it has received a notification from the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) dated 28 March 2025, informing M&P that the specific license granted in May 2024 for its activities in Venezuela has been revoked.  In connection with this decision, OFAC has issued […]

Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has completed the previously announced acquisition of 100% of the shares in Pavilion Energy Pte. Ltd. Pavilion Energy’s 20% interests in blocks 1 and 4 in Tanzania are not included in the transaction. Pavilion Energy, headquartered in Singapore, operates a global LNG trading business with […]

The actual corrosion rate in ballast and cargo tanks may differ from the assumptions in the rules and the embedded corrosion models. DNV survey data reveals a significant rise in corrosion findings in water ballast and cargo tanks in oil tankers and bulk carriers at the third renewal survey, with a peak at the fourth […]

On the occasion of Patrick Pouyanné’s participation in the Europe 2025 conference in Berlin, and in connection with the Company’s integrated development in the country’s electricity sector, TotalEnergies is announcing investment decisions for six battery storage projects. In total, these projects amount to 221 MW of new storage capacity and an investment outlay of €160 […]

The 100 MW Sodegaura power plant in Japan, operating with ten Wärtsilä 34SG engines, has been successfully handed over to Tokyo Gas Engineering Solutions (TGES). The Wärtsilä engines provide the needed flexibility to enable critical grid balancing as Japan strives to increase its share of renewable energy.   The plant was built by TGES on […]

Technology group Wärtsilä has partnered with Brazilian energy company Energetica Suape II S.A, majority owned by Grupo Econômico 4M, to conduct a world-first clean energy trial, which will see ethanol – a biofuel mainly produced from sugarcane – used to generate clean power. Taking place at the Suape II power station in Recife, Brazil, the […]

Six vessels carrying about 1.7 million barrels of jet fuel from the Nigeria’s Dangote refinery have arrived at U.S. ports this month, Reuters has reported and confirmed by the data from ship-tracking service company Kpler . It was also reported that another vessel, Hafnia Andromeda, is set to arrive at the Everglades terminal on March […]

Shell will today present to investors at its Capital Markets Day 2025 the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification. ‘’We have made significant progress against all of the targets we set out at our Capital Markets […]