July 3, 2026, by Melisa Cavcic Norway’s oil and gas player Vår Energi has received authorization from the country’s authorities to bring online another segment of an oil project in the North Sea off the coast of Norway FPSO Jotun; Source: Vår Energi The Norwegian Ocean Industry Authority (Havtil) has granted Vår Energi consent for the start-up and operation of Balder Phase VI on the Norwegian Continental Shelf (CCS). Located in the central part of the North Sea, just west of

June 25, 2026, by Melisa Cavcic ABL, part of Oslo-listed global consultancy Aqualis, has landed a hand to India’s government-owned energy giant Oil and Natural Gas Corporation Limited (ONGC) in the preparation for the monsoon season by helping reposition the offshore rig fleet deployed in the Asian country’s waters Rig move illustration; Source: ABL, part of Aqualis ABL has supported India’s ONGC in completing 44 jack-up rig moves ahead of the monsoon season, executed between

July 2, 2026, by Melisa Cavcic France’s energy giant TotalEnergies has struck a deal to divest to Japan’s Inpex its non-operated interest in a gas field off the coast of Sarawak, Malaysia. Illustration; Source: TotalEnergies TotalEnergies has disclosed the divestment of its 85% interest in Block 2E offshore Malaysia to Inpex, representing a net interest of 8.5% in the Shell-operated Marjoram gas field currently under development, for a consideration of $350 million. The Frenc

EU wind and solar generated more than gas for the first time. Source: Annual electricity data, Ember Summary: Is oil and gas exploration returning to Europe's agenda? In the short term (2024–2026), we will see targeted project revival driven by energy security logic. However, in the medium term (toward 2030) and beyond, this trend will collide with the overriding force of the EU Green Deal, the exponential growth of renewables, and tightening financial constraints. The futur

Saudi Arabia's New Energy Export Summary: The next EPC super-cycle is about AI: Saudi Arabia is betting on cheap power ($0.01/kWh), land, and state will to become a global AI hub and exporter of compute. The time for giga-projects is now. The driver of the next infrastructure wave won't be molecules or electrons—it will be algorithms . Saudi Arabia isn't just adopting AI; it's executing a sovereign strategy to pivot its entire economic export model from barrels of oil to t

Source:Nguya FLNG (2.4 MTPA): the new formula for fast-track LNG? The Nguya (“Energy”) FLNG is a cornerstone of the Congo LNG project in the Marine XII concession, offshore the Republic of the Congo. The massive unit, measuring 376 meters long and 60 meters wide, is moored at a depth of 35 meters. Designed with advanced technologies to minimize its carbon footprint, it sets a new industry benchmark for environmental performance. From contract award to sail-away, the FLNG was

The UK talks about 100+ GW of clean energy by the 2030s. China manufactures several times that capacity every single year. So where is the real EPC opportunity? Source:The Gigawatt Partnership. How UK ambition connects with China's industrial scale. UK–China trade: the baseline According to UK Government (ONS / DBT) data, total UK–China trade reached £102.7bn in 2024, nearly doubling over the past decade (UK Government – China Trade & Investment Factsheet) https://www

Source: Ayman Bouderbela via LinkedIn Senegal has launched Africa’s first LNG-to-Power project offshore Dakar. The FSRU LNGT Africa supplies regasified LNG via ship-to-ship (STS) transfer to Karpowership’s floating power plants, with 335 MW of installed capacity , providing up to 25% of Senegal’s electricity demand . The FSRU (125,000 m³ LNG capacity, 272 m in length) was built by Seatrium (formerly Sembcorp Marine) and is owned by Karmol , a joint venture between

December 22, 2025 Vingroup – the tech-industrial flagship of Vietnam – is a defining force in the country’s modern economy. With a market capitalization of $12 billion and 50,000 employees , it operates across sectors including real estate, electric vehicles, smart infrastructure, and healthcare. Founded in 1993 in Ukraine (Mivina) by Mr. Pham Nhat Vuong , Vietnam’s first billionaire and a graduate of the Moscow Geological University, Vingroup has evolved into Vietnam’

Source: Image courtesy of Maersk Discussion Points on New Fortress Energy’s Fast LNG (Jack-Up FLNG) Project (First LNG announced July 19, 2024, 9:25 AM EDT) Q1. Price Questions remain regarding the overall cost structure of New Fortress Energy’s Fast LNG project offshore Altamira, Mexico is the implied liquefaction cost approximately USD 1,400/ton ? If so, the so-called “conversion” of legacy jack-up rigs appears to nearly double the cost compared with a new-build barge FL