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People & Companies News

 

Ulstein Verft Launches First of Two JP Morgan’s CSOV Newbuilds

Jan 09, 2026

Norwegian shipbuilder Ulstein Verft has launched first of the two offshore wind commissioning service operation vessels (CSOVs) under construction at its yard for J.P. Morgan.On January 2, Ulstein Verft towed the CSOV yard number 322 from the dock hall to the outer dock…

Petrobras Halts Drilling in Environmentally Sensitive Area After Fluid Leak

Jan 06, 2026

A synthetic fluid leak of about 15 cubic meters (15,000 liters) has halted Brazilian state-run oil firm Petrobras' drilling of a well in the environmentally sensitive Foz do Amazonas Basin, the company said on Tuesday.In a statement, Petrobras…

Current News

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

Iran War Exposes Risks of Fossil Fuel Dependence

Iran War Exposes Risks of Fossil Fuel Dependence

Sunda Energy Secures Environmental License for Drilling Ops off Timor-Leste

Sunda Energy Secures Environmental License for Drilling Ops off Timor-Leste

Oil Drops 7% After Trump Predicts War Could End Soon

Oil Drops 7% After Trump Predicts War Could End Soon

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Tedros, WHO chief Tedros, says that 12 people were killed in a strike at a primary healthcare center in Lebanon
Sources say that some oil loading operations have been suspended following a fire in Fujairah.
Argentina: US Justice Dept. backs bid to halt YPF discovery
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