Flng News

The UAE's new crude pipeline bypassing the Strait of Hormuz is about 50% complete, the head of ADNOC said on Wednesday, adding that global oil flows may take at least four months to recover to 80% of pre-conflict levels after the Iran war ends.Tehran has largely kept the waterway critical for global oil and gas supplies shut to all ships other than its own since U.S.-Israeli strikes on February 28, sending energy prices and inflation surging and fanning fears of an economic downturn.The Abu Dhabi Media Office revealed the existence of the new West-East Pipeline project last week…

PALFINGER has secured a contract to supply davit cranes for five offshore converter platforms in the North Sea, expanding its presence in the offshore wind market as Europe accelerates grid infrastructure development tied to renewable energy projects.The Austrian company said it would deliver seven PF200-7m davit cranes to Spanish engineering contractor Dragados Offshore for high-voltage direct current (HVDC) converter platforms linked to projects for German transmission system operators Amprion and TenneT Germany.Under the agreement…

Glenfarne Alaska LNG and ConocoPhillips Alaska have signed a gas sales precedent agreement to supply natural gas from Alaska’s North Slope for Phase One of the Alaska LNG project.The 30-year agreement will secure sufficient natural gas volumes to support a final investment decision for Phase One and meet Alaska’s domestic energy needs, according to Glenfarne.Glenfarne is developing the Alaska LNG project in two financially independent phases. Phase One includes a 739-mile, 42-inch pipeline designed to transport natural gas to Alaska consumers…

The substructures for fixed offshore wind turbines weigh thousands of tonnes. Only about five vessels in the world can lift that much weight. So now researchers are testing an alternative: an unusually wide barge.Using experience gained from the oil and gas industry, Aker Solutions, the Belgian contractor Sarens, and the maritime group BOA recently spent time at SINTEF’s Ocean Basin in Trondheim. There they used models to test the feasibility of employing an extra-wide barge to transport several substructures simultaneously.

Security is all too often treated as a purely compliance-driven exercise. This isn’t advisable in any industry, but it is particularly damaging for those that fall under critical infrastructure frameworks. Ports, and, by extension, the dredging operations that maintain and expand shipping lanes, are the backbone of global trade, underpinning essential supply lines. Security threats and workplace distributions therefore carry repercussions that extend far beyond any individual location, and facilitate a response that goes beyond passive monitoring and reactive measures.

Exmar said it has launched conversion works for a new floating storage and regasification unit (FSRU) to support the expansion of the EemsEnergyTerminal in the Netherlands.The move follows the signing of a conditional charter agreement covering both the extension of the existing Eemshaven LNG FSRU and a newly converted unit, with EemsEnergyTerminal expected to take a conditional final investment decision in the first half of 2026.Exmar said it has secured a dual-fuel diesel electric membrane LNG carrier for the conversion and has begun engineering activities…

CoreMarine & Jumbo Offshore have announced the award of a significant contract to perform the transport and installation of the soft-yoke (SSY) mooring systems, and hook-up of both the Hilli Episeyo FLNG and MKII FLNG vessels, in Argentina’s Golfo San Matías. The award represents a milestone for both companies as well as a breakthrough project for Argentina’s gas sector as it ramps up in export capabilities.The contract has been awarded by Southern Energy S.A. (SESA), supported by an international consortium comprising Pan American Energy, YPF, Pampa Energía, Harbour Energy, and Golar LNG.

Technip Energies has received a substantial authorization to continue work on the Commonwealth LNG project in Louisiana, as the development moves toward a final investment decision.The authorization, awarded by Commonwealth LNG, allows the company to proceed with key engineering, procurement and construction activities under an existing EPC contract.Technip Energies said the award supports ongoing project execution and follows an earlier authorization covering long-lead equipment orders.The proposed facility…

Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has produced its first liquefied natural gas from the initial train of its export facility in Texas, marking a step toward full operations.The project, located in Sabine Pass, has a total capacity of 18 million tonnes per annum across three liquefaction trains. The start of production is expected to pave the way for the first LNG cargo, with exports targeted to begin in the second quarter of 2026.“First LNG is of a particular importance for one of the largest single investment decisions in U.S. LNG history.

A final investment decision is expected in the Delfin LNG project offshore Louisiana in the next few weeks, or at most months, according to Eduard Ruijs, head of investment for Vitol, a company that is investing in the project.The 13.2 million metric tons project would have received financial approval sooner had the pipeline to take gas to the proposed floating LNG plant not exploded, Ruijs told Reuters on Wednesday on the sidelines of the CERAWeek conference in Houston.The pipeline, which ruptured on February 3, has since been repaired and is awaiting regulatory approval to restart flows.

The Bureau of Ocean Energy Management has issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which includes the use of hydraulic fracturing on 16 existing wells at Platform Gilda, located 8.8 miles offshore Ventura County, California.BOEM has deemed the plan complete and is launching an environmental review under the Department of the Interior’s “Alternative Arrangements for NEPA Compliance During a National Energy Emergency,” published on the April 23, 2025.

U.S. Secretary of Energy Chris Wright has authorized an immediate 13% increase in exports at Venture Global’s Plaquemines LNG Terminal in Louisiana.The authorization allows additional exports of up to 0.45 billion cubic feet per day (Bcf/d) of U.S. natural gas as LNG to non-free trade agreement (FTA) countries from the Plaquemines LNG Terminal.Plaquemines LNG is now authorized to immediately export a total of 3.85 Bcf/d to both FTA and non-FTA countries.“At a time when Iran and its terrorist proxies attempt to disrupt the global energy supply…

Major industry announcements and new product launches continued to drive significant visitor numbers and plentiful business activity as Oceanology International 2026 (Oi26) surpassed expectations on the second day at Excel London.Among the companies taking center stage, expanding platform OceanSight used Oi to unveil its new collection of ocean technology brands built to advance marine sensing and subsea intelligence, celebrating an exciting new chapter focused on accelerating innovation and strategic growth.OceanSight…

The Bureau of Ocean Energy Management has released the 2026 National Assessment of Undiscovered Oil and Gas Resources, an estimate of the undiscovered, technically and economically recoverable oil and natural gas resources outside of known oil and gas fields on the U.S. Outer Continental Shelf (OCS).The National Assessment, published every five years, represents BOEM's current understanding of the distribution of undiscovered oil and gas resources on the OCS.Using a play-based assessment methodology…

India began rationing natural gas on Tuesday while countries around Asia looked to the spot market to replace supplies, activated emergency plans and prepared to step up production, as the conflict in the Middle East curtailed shipping and halted Qatari output.Government officials and company executives in Japan, Taiwan, Bangladesh and Pakistan said they did not expect an immediate impact as some cargoes due this month had already arrived, but they would diversify their import…

After a softer 2025, floater backlog is strengthening for 2026 and beyond, driven by early contracting, strong South American demand, and a growing pipeline of 2027+ programs.By the close of 2025, total floating rig backlog days had fallen 25% compared with 2024. This was in large part due to few contract awards coming out of Brazil, the world’s biggest user of floating rigs. As of the end of January 2026 however, the number of rig days already booked for this year is up 4% from…

The U.S. Department of Energy (DOE) has approved a 12% expansion in exports at Cheniere Energy’s Corpus Christi liquefied natural gas (LNG) terminal in Texas, authorizing additional shipments to non-free trade agreement countries.U.S. Secretary of Energy Chris Wright signed the order allowing exports of up to 0.47 billion cubic feet per day (Bcf/d) of natural gas as LNG from Trains 8 and 9 of the Corpus Christi Stage 3 Project, known as the Midscale Trains 8 & 9 Project.With the latest approval…

The Bureau of Ocean Energy Management announced proposed revisions to its regulations governing hard mineral resources on the U.S. Outer Continental Shelf aiming to advance exploration and development of critical minerals essential to national security, economic competitiveness and technological progress.These proposed updates align with Executive Orders 14285 and 14154, which prioritize unleashing America’s potential to explore and develop OCS critical mineral resources. The updates also support Executive Order 14192…

All-Cash Deal, Expanding Brazil FootprintTidewater Inc. (NYSE: TDW) has signed a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, WSUT) in an all-cash transaction valued at approximately $500 million, including the assumption of existing debt.The acquisition significantly strengthens Tidewater’s position in the global offshore support vessel (OSV) market while marking a decisive expansion in…

Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will continue to perform services as a Subsea Equipment Support Vessel (SESV) for Petrobras in Brazil.The contract, valued at $330 million, has a duration of four years, with operations expected to begin in September 2027, following the expiry of the current…

Tree C, a Dutch virtual and augmented reality specialist for the offshore and remote handling industry, has announced it will develop a training simulator for Fleeming Jenkin, described as the world’s largest cable laying vessel (CLV), owned by Jan De Nul.The simulator is intended to allow inexperienced crew members to become familiar with onboard equipment, practice procedures and operate systems before deployment offshore.It will feature an integrated control system designed to replicate the vessel’s onboard experience…

Offshore drilling contractor Transocean has agreed to acquire Valaris in an all-stock transaction valued at about $5.8 billion, creating one of the world’s largest offshore drilling contractors with a fleet of 73 drilling rigs.The combined company will have an enterprise value of roughly $17 billion, with Transocean shareholders expected to own about 53% of the merged entity and Valaris shareholders the remaining 47% on a fully diluted basis.The transaction will combine fleets to form a portfolio of 73 offshore rigs…

Kongsberg Maritime has signed a contract to deliver a comprehensive deck machinery package for a new-generation 127-metre Floating Wind Construction Vessel (FWCV) being built for Hana Shipping of Korea.Scheduled for delivery in July 2027, the FWCV represents one of the most advanced vessels ever designed for floating offshore wind operations and marks the first large FWCV order globally in recent years.The vessel, designed by Focal, will operate at the Ulsan Floating Wind Farm Construction, located 70 km off the coast of Ulsan, Korea.