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HomePress

Press

Press Releases

SBM Offshore
Exploration and Production

SBM Offshore exits Equatorial Guinea following FPSO stake sale

June 5, 2025 Mariel Alumit

Dutch floater expert SBM Offshore has signed a share purchase agreement for the full divestment of its equity interest in the lease and operating entities of the FPSO Aseng to GEPetrol. The company’s exit from Equatorial Guinea […]

Equinor
Finance

Equinor exercises $100m option for Transocean semisub

June 5, 2025 Mariel Alumit

Norwegian energy major Equinor has exercised a two-well option for one of Transocean’s semisubs. The option, exercised for the 2010-built Transocean Spitsbergen, will contribute approximately $100m in backlog, excluding additional services. The work on the […]

No Picture
International News

Fortescue’s mission to champion ammonia goes global

June 5, 2025 Mariel Alumit

Mining giant Fortescue is on a worldwide campaign to reshape the future of maritime decarbonisation with its flagship vessel, the Fortescue Green Pioneer, at the helm of a push to establish green ammonia as the […]

Norway
ENB Pub Note

‘Britain has gone to hell, like Norway’: John Fredriksen

June 5, 2025 Mariel Alumit

ENB Pub Note: We are seeing the intersection of green energy policies, the left’s political fervor to change, and the ‘woke’ movement influencing business migration. Businesses will relocate to countries that foster an environment conducive […]

Diesel

What will be powering ships in the 2030s?

June 4, 2025 Mariel Alumit

Realistic, pragmatic, or jaded? Splash readers are a funny bunch. Despite the huge amount of articles and columns carried every week on decarbonisation, 49% of respondents to our survey for this magazine reckon that the […]

ENB Pub Note

Dual Fuel LNG ships setting the path forward as Tailwind buys five boxships from Peter Döhle is just another exhample.

June 4, 2025 Stu Turley

ENB Pub Note: The update from Containers Europe below is another example of LNG dual-fuel newbuild vessels. This trend is beneficial for the environment, as it reduces emissions and serves as another indicator of LNG’s […]

COSCO
International News

COSCO launches MPP fleet push with up to 30 newbuilds

June 4, 2025 Stu Turley

China’s COSCO Shipping Bulk has signed up for a massive newbuilding programme in the multipurpose segment that could see up to 30 newbuildings delivered for a total of $1.5bn. The dry bulk arm of the […]

Electrical Generation / Utilities

French offshore wind farms to curb production during negative prices – and what is France’s energy mix

June 4, 2025 Stu Turley

The bottom line is that it would be better for France’s consumers never to have installed Wind energy. French Energy Mix France’s electricity mix is heavily dominated by nuclear power, supplemented by renewables and smaller […]

International News

Denmark awards first-ever offshore wind farm life extension permit

June 4, 2025 Mariel Alumit

VisitSamsø The Danish Energy Agency has extended the electricity production permit for the Samsø offshore wind farm by 10 years. This is the first time in the country’s history that an older offshore wind farm […]

Asia-Europe tradelane
ENB Pub Note

Quarter of all box tonnage now deployed on Asia-Europe tradelane

June 4, 2025 Stu Turley

ENB Pub Note: Supply lines and manufacturing trading blocs are changing even as we speak. However, the insurance carriers remain the ones in control behind the scenes. We will have more on this story later. […]

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