Tuesday, November 10, 2026

Offshore Energy News

LNG Prices Projected to Spike; European Stocks Dwindle

Copyright Frank H./AdobeStock

Global LNG prices could shoot higher this winter as Europe holds its lowest stocks in years and North Asian buyers face increased competition with the Strait of Hormuz still closed, executives said at an industry…

China Taps Crude Inventories ... Again

Copyright Grispb/AdobeStock

China dipped into its massive crude oil stockpile in August for the third month in the past four as increased refinery processing exceeded a modest increase in oil imports.Refineries processed about 640,000…

EnergyPathways Selects Jacobs as Tier-1 Engineering, Regulatory Partner

© EnergyPathways

EnergyPathways, an energy transition company, has selected Jacobs to provide planning, regulatory, consenting and environmental services for its proposed LDES project in the Irish Sea and Barrow-in-Furness.

China Plans to Increase Wind, Solar Generation by 50% in Five Years

© Adobe Stock/hrui

China plans to increase wind and solar power generation by 53% over the next five years, under a renewable energy plan released on Thursday that for the first time makes its green power target binding.The…

Dutch Grant Backs SolarDuck's Offshore Solar Power Hub Scheme

(Credit: SolarDuck)

Offshore floating solar company SolarDuck and the Maritime Research Institute Netherlands (MARIN) have been awarded a $3.7 million (€3.2 million) subsidy from the Netherlands Enterprise Agency (RVO) to advance…

Fugro Gets Survey Job on Scottish Offshore Wind Farm

Fugro Quest vessel (Credit: Fugro)

Fugro has been awarded a major geotechnical survey contract by SSE for the Berwick Bank B offshore wind development in the North Sea off Scotland.Berwick Bank B forms part of the wider 4.1 GW Berwick Bank offshore wind project…

TotalEnergies Snags Exploration Nod Offshore Lebanon

Copyright Robert/AdobeStock

French oil company TotalEnergies TTEF.PA has obtained government approval for a new exploration permit offshore Lebanon, it said on Friday.Total, which owns a 35% operating stake in the permit, will begin…

Brann Named Business Manager at MiM

Kae-Ley Brann, Marketing in Maritime

Marketing in Maritime (MiM), the specialist networking and development community for marketing and communications professionals in the marine and energy sectors, appointed Kae-Ley Brann to a new role of Business…

Energy Transition' Future: Fractured, Bumpy and Long

Copyright vectorfusionart/AdobeStock

As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago.The spirit of cooperation that once reigned has been shattered by economic…

Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact

Credit: ADIPEC

Record-breaking 239,709 attendees from 172 countries gathered at ADIPEC 2025, reaffirming UAE’s convening power and its role as a global hub for energy, partnerships and innovation. ADIPEC 2025 generated an…

Orsted Has No Plans to Merge with Equinor's Renewables Unit

Danish offshore wind giant Orsted said on Wednesday that it had no plans to take over the renewables business of Equinor, its second biggest shareholder, which has proposed closer ties between the companies.Norwegian oil…

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

Sponsored WebinarHow Hot Is Your Cable? Seequent Unlocks Subsea IntelligenceCable temperature drives ampacity, reliability, and lifecycle costs. See how subsurface models and field data help predict, monitor…

EU Targets Power Grid Bottlenecks to Lower Prices, Improve Security

© Adobe Stock/Aquarius

The European Union will prioritise fixing eight power grid bottlenecks, the Commission President said on Wednesday, in an effort to lower the bloc's uncompetitive energy prices and improve energy security."I…

Siemens Gamesa Lines Up 63-Turbine Order for German Offshore Wind Farm

Credit: Skyborn Renewables)

Skyborn Renewables has confirmed the execution of the Turbine Supply Agreement (TSA) and the Offshore Long Term Program Service Agreement (LTPSA) with Siemens Gamesa for the provision of 63 SG 14-23 wind turbines…

Federal Uncertainty Shuts Down NY Offshore Wind Transmission Plan

© Adobe Stock/Photo Sesaon

The New York State Public Service Commission has terminated its offshore wind transmission planning process due to stalled federal permitting, to protect state ratepayers from premature infrastructure costs…

Ecopetrol Purchases Enel Wind Power Project for $50m

© anamejia18 - stock.adobe.com

Colombian state oil firm Ecopetrol said on Monday it has purchased a wind power project in the northern province of La Guajira from Enel for $50 million.The Windpeshi project will have a capacity of 205 megawatts (MW)…

As Wars Rage, Middle East's Waning Influence on World Oil Prices Exposed

Copyright abdelaziz@771/AdobeStock

The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and fundamental changes to global crude supply, suggesting that Middle East politics will…

Qatari Output at Gas Field Shared With Iran Is Steady

© Adobe Stock/passarut

Qatar's gas production at the South Pars field is steady and supply is proceeding normally, it said on Tuesday, after the world's largest gas field was hit by an Israeli airstrike on Saturday, prompting Iran to partially suspend its production.Qatar…

Orsted Favors Increasing Investments in Taiwan, South Korea

© Adobe Stock/Chirapriya

Orsted, the world's biggest offshore wind developer, will increase investment in Taiwan and South Korea where it has already been awarded projects, instead of expanding to new markets in Asia, a senior company official told Reuters on Monday.Rising costs…

Commodity Report: Meeting Oil Demand a Challenge if Israel Hits Iran Oil

Copyright Kalyakan/AdobeStock

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.After Israel attacked Iran and Tehran pledged to retaliate, oil prices…