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FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

May 12, 2026

Fast Offshore Supply (FOS) has selected Incat Crowther to design a fleet of 10 new DP2 fast crew transfer vessels (CTVs) for offshore operations supporting Brunei Shell Petroleum, a joint venture between Shell and the Government of Brunei.The…

Mubadala Invests $325M in UK’s Hornsea 3 Offshore Wind Project

May 12, 2026

Abu Dhabi-based state-owned sovereign investor Mubadala Investment Company has invested $325 million alongside a consortium led by Apollo Funds to acquire a stake in Ørsted’s Hornsea 3 offshore wind project in the United Kingdom.Hornsea 3, located off the Norfolk coast…

Syria Identifies Offshore Site for First Deep Water Chevron Project

May 11, 2026

Syria has identified an offshore site for its first deep-water oil and gas exploration project with U.S. major Chevron and Qatar’s UCC Holding, the Syrian Petroleum Company said on Monday.The move is part of a broader push by Syria’s new government…

Current News

Valeura Concludes Nong Yao Drilling Ops, Boosts Gulf of Thailand Production

Valeura Concludes Nong Yao Drilling Ops, Boosts Gulf of Thailand Production

Oil Edges Higher as Uncertainty Clouds US-Iran Truce

Oil Edges Higher as Uncertainty Clouds US-Iran Truce

Aramco Explores Asset Sales in Multi-Billion Dollar Fundraising Push

Aramco Explores Asset Sales in Multi-Billion Dollar Fundraising Push

Post-War Gulf Faces Push for Alternative Export Routes

Post-War Gulf Faces Push for Alternative Export Routes

Oil Drops to 3-Month Low as US-Iran Deal Signals Supply Return

Oil Drops to 3-Month Low as US-Iran Deal Signals Supply Return

RINA Gets Safety Assessment Role on Indonesia's H2WATT Hydrogen Hub

RINA Gets Safety Assessment Role on Indonesia's H2WATT Hydrogen Hub

IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027

IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027

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