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Big Oil Faces Strategy Rethink as Iran War Reshapes Energy Markets

Sep 28, 2026

The world's biggest energy companies are poised to deliver another quarter of bumper profits, fuelled by record refining margins. Flush with cash, Big Oil now needs to chart a course for future growth in a world reshaped by the Middle East crisis…

Dong Fang Offshore Orders Another CSOV from Vard

Sep 24, 2026

Fincantieri's Norwegian subsidiary Vard has signed a contract, worth between $76 million and $86 million, to build a commissioning service operation vessel (CSOV) for Dong Fang Offshore, marking the fifth vessel ordered by the Taiwan-based marine contractor from the shipbuilder…

Saipem Taps Subsea Cable Assets for $20M Cable Campaign

Sep 23, 2026

Subsea Cable Assets (SCA) has secured its first contract, a roughly $20 million award from Saipem Contracting Netherlands for cable transportation and handling work supporting a major offshore energy project in the Caspian region.The scope covers engineering…

Current News

Oil Heads for Weekly Decline Despite Middle East Supply Threats

Oil Heads for Weekly Decline Despite Middle East Supply Threats

Inpex Raises Profit Forecast on Strong Ichthys LNG Production

Inpex Raises Profit Forecast on Strong Ichthys LNG Production

Singapore Seeks LNG Floating Storage Operators to Expand Bunkering Ops

Singapore Seeks LNG Floating Storage Operators to Expand Bunkering Ops

CNOOC Makes Ultra-Deep Gas Discovery in China's Bohai Sea

CNOOC Makes Ultra-Deep Gas Discovery in China's Bohai Sea

First Oil Flows from Vietsovpetro's Platform Offshore Vietnam

First Oil Flows from Vietsovpetro's Platform Offshore Vietnam

Iran Brings South Pars Gas Platform Fire Under Control

Iran Brings South Pars Gas Platform Fire Under Control

Oil Prices Slide as Trump Signals Pause in Iran Strikes

Oil Prices Slide as Trump Signals Pause in Iran Strikes

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