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Offshore Energy
market March 4, 2026

Germany's SEFE Secures 8-Year LNG Deal with Argentina's SESA

Germany’s Securing Energy for Europe (SEFE) has signed an eight-year liquefied natural gas (LNG) supply agreement with Argentina's Southern Energy (SESA), as reported by Offshore Energy. This deal comes amid heightened global energy security concerns following the U.S.-Israel military operation against Iran, which has led to the closure of the Strait of Hormuz.

gCaptain
security March 4, 2026

Trump's Hormuz Assurances Seen as Partial Solution by Shippers

President Donald Trump's promise to ensure the free flow of energy through the Persian Gulf with insurance guarantees and naval escorts is viewed by the shipping industry as only a partial solution to the ongoing crisis, according to gCaptain. The industry remains concerned about the effectiveness of these measures.

Offshore Energy
operations March 4, 2026

Hong Kong Completes First LNG Bunkering for VLCC

Hong Kong has successfully completed its inaugural LNG ship-to-ship bunkering operation for a very large crude carrier, as reported by Offshore Energy. This milestone was achieved by CNOOC (Shenzhen) International Marine Clean Energy and CLPe, marking a significant development in the region's maritime operations.

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