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US Grants BP, Serica Licence to Run Iran-owned North Sea Field

October 9, 2018

(Image: Serica Energy)
(Image: Serica Energy)

Current News

Saipem Poised for Middle East Repair Work After Iran War

Saipem Poised for Middle East Repair Work After Iran War

Middle East Conflict Jolts Offshore Drilling Market

Middle East Conflict Jolts Offshore Drilling Market

Bureau Veritas Expands Offshore Services with New Asia Hub

Bureau Veritas Expands Offshore Services with New Asia Hub

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

US-Israel War on Iran Creates Biggest Energy Crisis in History

US-Israel War on Iran Creates Biggest Energy Crisis in History

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

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Lee's visit to Hanoi will see South Korea and Vietnam sign dozens of deals
The oil price continues to fall despite no progress in the US-Iran negotiations, and shipping around Hormuz is still disrupted.
Fuel costs are increasing, so airlines are reducing their prices and cutting back on their outlook.
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