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Konecranes to Supply Two Cranes for Norwegian Oil Industry Facility

May 13, 2026

Konecranes has received an order from Westcon Helgeland, a Norwegian provider of ship repair, rig maintenance and equipment fabrication for the oil industry, for two double girder overhead cranes at its new production facility in Nesna, Norway…

Vicinay Marine, Tecnalia Develop Remote Offshore Mooring Corrosion Sensor

May 11, 2026

Vicinay Marine and Spanish applied research center Tecnalia have jointly developed a sensor designed to remotely monitor corrosion on offshore mooring lines, aiming to improve the safety, reliability and service life of offshore systems.The…

Woodside’s Delayed Browse LNG Project Cost Estimate Climbs to $35B

May 11, 2026

Woodside Energy's long-delayed Browse liquefied natural gas project is now expected to cost A$48.7 billion ($35.2 billion), according to a new report commissioned by the company.The proposal to develop Australia's largest untapped gas resource…

Europe's Offshore Wind Turbine Prices Jump 40-45% as Supply Tightens

May 06, 2026

Europe's offshore wind expansion is running into a structural supply constraint where the turbine market is becoming increasingly concentrated. GE Vernova, Siemens Gamesa and Vestas have historically anchored Western offshore turbine supply…

Southeast Asia Sees New Wave of Deepwater Gas Projects

May 04, 2026

Southeast Asia is entering a critical second wave of deepwater gas development targeting 28 trillion cubic feet of resources across Indonesia, Malaysia and Brunei. However, delivering these projects won’t be easy, says Wood Mackenzie.The models suggest these projects have fragile economics…

Current News

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

South Korea Aims to Cut Middle East Crude Dependence to 50% by 2035

South Korea Aims to Cut Middle East Crude Dependence to 50% by 2035

Iran Restores Half of Damaged South Pars Gas Field Capacity

Iran Restores Half of Damaged South Pars Gas Field Capacity

Oil Drops as Hormuz Reopening Prospects Ease Supply Concerns

Oil Drops as Hormuz Reopening Prospects Ease Supply Concerns

ONGC Strikes Gas in Deepwater Well off India

ONGC Strikes Gas in Deepwater Well off India

PTTEP, Valeura Greenlight Bussabong Gas Development off Thailand

PTTEP, Valeura Greenlight Bussabong Gas Development off Thailand

QatarEnergy's LNG Expansion Faces Delays from Hormuz Crisis

QatarEnergy's LNG Expansion Faces Delays from Hormuz Crisis

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