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Product tanker giant Hafnia has announced a planned leadership change, with Mikael Skov set to step down as chief executive officer on September 1, 2026. The Oslo- and New York-listed company has appointed Søren Steenberg Jensen, executive vice president and head of asset management, as its next chief executive officer. Skov is expected to join …
https://splash247.com/skov-to-step-down-as-hafnia-chief-executive/
https://splash247.com/skov-to-step-down-as-hafnia-chief-executive/Global liquefied natural gas demand is expected to rise by around 65% by 2050, driven largely by Asia as countries seek lower-emission alternatives to coal and data centres boost power demand, Shell said in an annual report on Tuesday.Global…
https://www.marinelink.com/news/shell-forecasts-surge-global-lng-demand-540753
https://www.marinelink.com/news/shell-forecasts-surge-global-lng-demand-540753India’s state‑controlled Oil and Natural Gas Corporation (ONGC) and supermajor BP have signed a new technical services contract for ONGC’s fields in the Western Offshore Basin. This follows a technical service provider contract between the two for Mumbai High in February 2025. Under the new agreement, BP will serve as the technical service provider for …
https://splash247.com/bp-wins-technical-services-role-on-ongc-offshore-fields/
https://splash247.com/bp-wins-technical-services-role-on-ongc-offshore-fields/South Korean shipping major HMM has secured charter cover for the two gas carriers it ordered as part of last week’s $1.1bn newbuilding haul. The Seoul-listed company said it has signed bareboat charter contracts with a hipping unit of Swiss commodities trader Mercuria for two vessels worth KRW311.8bn ($202m). The contracts run for seven years …
https://splash247.com/hmm-fixes-gas-carrier-newbuilds-to-mercuria/
https://splash247.com/hmm-fixes-gas-carrier-newbuilds-to-mercuria/Duke Energy will terminate its offshore wind lease in the Carolina Long Bay area under a settlement agreement with the U.S. Interior Department and reinvest nearly $129 million in additional power generation capacity in the Carolinas, the department said on Monday.(Reuters)
https://www.marinelink.com/news/duke-energy-terminate-nc-offshore-wind-540736
https://www.marinelink.com/news/duke-energy-terminate-nc-offshore-wind-540736A newly Russian-flagged LNG tanker - Arctic Express - has picked up a cargo of liquefied natural gas from a floating storage facility used to trans-ship gas from the Arctic LNG 2 project, which is under U.S. sanctions, LSEG data showed.Arctic LNG 2…
https://www.marinelink.com/news/new-russianflagged-lng-tanker-begins-540737
https://www.marinelink.com/news/new-russianflagged-lng-tanker-begins-540737Oil prices gained more than 1% on Monday after attacks by the U.S. and Iran underscored the fragility of their interim peace deal, while cautious hopes of a continued recovery in energy shipping through the Strait of Hormuz limited gains.Iranian and U.S.
https://www.marinelink.com/news/oil-prices-rise-us-iran-attacks-amidst-540738
https://www.marinelink.com/news/oil-prices-rise-us-iran-attacks-amidst-540738U.S. natural gas futures fell for a second straight session on Monday, as ample supplies kept pressure on the market despite forecasts for hotter weather in the coming weeks. On its first day as the front-month, gas futures for August delivery on the New York Mercantile Exchange fell 8.2 cents…
https://www.marinelink.com/news/us-natural-gas-prices-fall-ample-supply-540739
https://www.marinelink.com/news/us-natural-gas-prices-fall-ample-supply-540739On 29 May 2026, Vantage Drilling International and Eldorado Drilling signed a merger agreement under which Eldorado will acquire Vantage, making it a wholly owned subsidiary. As part of the transaction, Vantage shareholders will receive $19 per share in cash…
https://www.marinelink.com/news/eldoradovantage-merger-signals-continued-540743
https://www.marinelink.com/news/eldoradovantage-merger-signals-continued-540743The offshore energy industry is in the midst of a new investment cycle, driven by major developments in South America, renewed demand for energy security and an increasing reliance on digital technologies to improve asset performance. For Matt Tremblay…
https://www.marinelink.com/news/abs-helps-blaze-a-digitization-path-540744
https://www.marinelink.com/news/abs-helps-blaze-a-digitization-path-540744