Medco Energi’s New Oil Find Strengthens Indonesia’s Production Outlook

 Medco Energi, Indonesia’s leading independent energy company, has announced a significant oil discovery after completing drilling at its Senoro-3 wildcat well in the Senoro-Toili Block offshore Sulawesi. The well encountered high-quality oil-bearing sands...

Posted on 3/06/2025 / 0 comments / Read More

New Fortress’ Floating LNG Plant Outperforms Expectations in Early Operations

 (Photo Source: newfortressenergy.com)New Fortress Energy has confirmed that its pioneering Fast LNG 1 facility, a modular floating liquefaction plant installed off Louisiana, is already producing above its design capacity in early operations. Mounted on...

Posted on 3/06/2025 / 0 comments / Read More

TotalEnergies Completes Key Milestone with Taiwan Offshore Wind Farm

 TotalEnergies has officially completed the Hai Long Offshore Wind Project, a 1.2 GW development off the coast of Taiwan, solidifying its position as a major player in Asia’s renewable energy transition.The project, developed in partnership with Yushan Energy, combines fixed-bottom turbines and...

Posted on 3/06/2025 / 0 comments / Read More

NYK Signs Historic Deal for Heavy Cargo Ships at Chinese Shipyard

(Photo Source: nbpc.co.jp) Japanese shipping major NYK Bulk & Projects Carriers has signed a landmark contract with China’s Dalian Shipbuilding Industry Co. for up to four new 33,000 dwt deck carriers. This marks the first time NYK Bulk has ordered...

Posted on 3/06/2025 / 0 comments / Read More

Trump Prepares Bold Action to Rebuild US Shipyards and Counter China

The Trump administration is preparing to issue a sweeping executive order designed to rebuild the United States’ struggling shipbuilding sector, with a focus on countering China’s near-monopoly in global ship production. The order, which could be signed as early as next week, outlines several major...

Posted on 3/06/2025 / 0 comments / Read More