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Romanian Fighter Jets Destroy Marine Drone Near Neptun Deep Project

Aug 20, 2026

Romania scrambled F-16 fighter jets to destroy a marine drone spotted a few hundred metres from the Black Sea gas project Neptun Deep, Defence Minister Radu Miruta said on Thursday.The incident underscores the growing threat to critical energy…

South Africa Blocks Shell's Wild Coast Exploration Plans

Aug 16, 2026

South Africa's Constitutional Court on Friday blocked offshore exploration led by Shell along the country's pristine Wild Coast, a setback for the oil major after years of legal challenges by local communities and environmentalists.The ruling…

Gulf of Mexico Lease Sale Attracts $82.7 Million in High Bids

Aug 12, 2026

The latest Trump administration sale of oil and gas drilling rights in the Gulf of Mexico attracted nearly $82.7 million in high bids on Wednesday, generating more money than a sale in March, but far less than one held in December.The Trump administration offered more than 80 million acres (32…

Nigeria Approves Deep-Water Oil Investment Framework

Aug 11, 2026

Nigerian President Bola Tinubu approved a new regulatory and fiscal framework for offshore oil and gas projects, his office said on Tuesday, a move the government says could attract up to $50 billion in investment and revive long-delayed developments…

EnerMech Lands Offshore Services Job for North Sea Operator

Aug 05, 2026

EnerMech has secured a multi-year contract to provide topside process and shutdown services across the offshore asset portfolio of a leading North Sea operator, expanding a partnership that has spanned more than a decade.The award is the second…

ExxonMobil Offshore Oil Venture in Guyana Recoups Initial Costs

Jul 31, 2026

An ExxonMobil-led joint venture has recovered the billions of dollars it invested to develop a large oilfield in Guyana, its chief financial officer told Reuters, and the South American country will now receive more oil money.Guyana's Stabroek Block…

BP Puts North Sea Business Up for Sale

Jul 31, 2026

BP has launched a process to market its North Sea business for a potential sale as part of its ongoing portfolio review.The company said the decision reflects its disciplined approach to capital allocation and forms part of its strategy to create a simpler…

Seatrium Expands European Offshore Wind Hub

Jul 27, 2026

Seatrium Offshore Renewable Services (ORS) has begun construction of a new operations hub in the UK to expand its offshore wind capabilities and support a growing pipeline of renewable energy projects across Europe.The new facility in Lowestoft…

Houthis Claim Attack on Saudi Tankers in Red Sea

Jul 23, 2026

The Iranian-aligned Houthis said on Thursday they struck two Saudi oil tankers as part of a naval blockade on Saudi Arabia, threatening to create a second chokepoint on global oil supplies alongside Iran's near-closure of the Strait of Hormuz…

OMV Petrom, Romgaz Install Neptun Deep Offshore Platform

Jul 20, 2026

OMV Petrom and Romania's Romgaz have completed the installation of the offshore production platform for the Neptun Deep natural gas project in the Black Sea, marking a major milestone as the development remains on track to start production in 2027…

Shell Targets 2027 Drilling at Venezuela's Dragon Gas Field

Jul 15, 2026

Shell has begun tendering for drilling services for its Dragon offshore gas project in eastern Venezuela, part of a plan to drill four wells there beginning in the second quarter of 2027, according to two people familiar with the process.The…

Saipem, Subsea 7 Undergo EU Antitrust Investigation

Jul 10, 2026

Italian energy contractor Saipem's merger with Norwegian peer Subsea 7 is set to face a full-scale EU antitrust investigation because of competition concerns about the deal, people with direct knowledge of the matter said.The companies announced…

Current News

PTTEP Gets Thai Approval for Offshore Stake Transfer to Valeura Energy

PTTEP Gets Thai Approval for Offshore Stake Transfer to Valeura Energy

Valeura Finds New Oil Near Manora Field in Gulf of Thailand

Valeura Finds New Oil Near Manora Field in Gulf of Thailand

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Santos Expands LNG Portfolio with Asia, Canada Deals

Santos Expands LNG Portfolio with Asia, Canada Deals

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

TPAO Eyes Karabakh Offshore Expansion with SOCAR

TPAO Eyes Karabakh Offshore Expansion with SOCAR

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

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