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EU’s Arctic LNG appetite hits new high with €5.96 billion bill for 136 Russian cargoes in H1 2026

The European Union (EU) has become the primary destination of Russia’s Arctic liquefied natural gas (LNG) exports by turning into a backbone of the Russian LNG business in the first six months of 2026, dishing out billions of euros to assuage its LNG cravings with nearly all shipments from Yamal coming to EU ports, based on the findings of a new analysis from Urgewald, Germany’s non-profit environmental research organization. The post EU’s Arctic LNG appetite hits new high with €5.96 billion bill for 136 Russian cargoes in H1 2026 appeared first on Offshore Energy.

Golar LNG tasks Axess with work on FLNG pair bound for South American project

Norway-headquartered asset integrity management company Axess Group has picked up new assignments with Golar LNG, the Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure, for two floating LNG (FLNG) units destined to be deployed at Argentina’s LNG project on the South American country’s Atlantic coast. The post Golar LNG tasks Axess with work on FLNG pair bound for South American project appeared first on Offshore Energy.

North Sea drilling ops with COSL rig on Vår Energi’s agenda for August

Norway’s oil and gas player Vår Energi has obtained a drilling permit for operations in the Norwegian sector of the North Sea, which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor. The post North Sea drilling ops with COSL rig on Vår Energi’s agenda for August appeared first on Offshore Energy.