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Offshore Incident: Velesto's Jack-Up Rig Tilts, Submerges Off Sarawak, Malaysia

May 4, 2021

Image for illustration only - Credit; Wanfahmy/AdobeStock
Image for illustration only - Credit; Wanfahmy/AdobeStock

Current News

China Calls for De-Escalation as US Threatens Hormuz Blockade

China Calls for De-Escalation as US Threatens Hormuz Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

UK Declines to Support US Hormuz Blockade, PM Starmer Says

UK Declines to Support US Hormuz Blockade, PM Starmer Says

Hormuz Crisis Signals New Era of Risk for Gulf Energy

Hormuz Crisis Signals New Era of Risk for Gulf Energy

Petra Energy Secures Work Orders from Petronas for Sarawak Gas Project

Petra Energy Secures Work Orders from Petronas for Sarawak Gas Project

Middle East Producers Gear Up for Hormuz Export Restart

Middle East Producers Gear Up for Hormuz Export Restart

Israel Orders Restart of Ops at Karish Offshore Gas Platform

Israel Orders Restart of Ops at Karish Offshore Gas Platform

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Budget for the spring election increases subsidies on energy and fuels
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