Offshore Energy · March 11, 2026 · 1 min read

Equinor to supply bio-methanol to Wallenius Wilhelmsen’s vessels

Analysis

OilCyprus Editorial

Wallenius Wilhelmsen has secured a two-year agreement with Equinor for the supply of ISCC EU-certified bio-methanol to fuel its new dual-fuel vessels. This agreement signifies a move towards decarbonization within the shipping industry, utilizing bio-methanol produced in Norway as a cleaner alternative fuel.

Key Facts

Wallenius Wilhelmsen and Equinor have entered a two-year bio-methanol supply agreement.
The bio-methanol will be ISCC EU-certified and mass-balanced.
The bio-methanol will be produced in Norway.

Market Impact

This agreement demonstrates a growing trend of oil & gas companies diversifying into biofuels and renewable energy sources. Equinor's involvement highlights the potential for established energy players to play a significant role in the energy transition by producing and supplying alternative fuels. This could lead to increased investment in bio-methanol production facilities and further partnerships between energy companies and the shipping industry.

Why This Matters for Cyprus

This deal showcases a practical application of alternative fuels in maritime transport, signaling a potential shift in fuel consumption patterns and creating new market opportunities for oil & gas companies investing in biofuels.

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