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ABL Expands Asset Integrity Services in Brazil

Jun 23, 2026

Energy and marine consultancy ABL has opened a new office in Salvador, Brazil, expanding its presence in the country and strengthening its asset integrity management offering for the oil and gas, maritime and industrial sectors.The new office…

TechnipFMC Nets Deepwater Flexible Pipe Deal for Angola's Offshore Field

Jun 23, 2026

Oilfield services company TechnipFMC has secured a significant contract from Azule Energy to supply flexible flowlines and risers for the Greater PAJ development offshore Angola, further strengthening its position in one of the world's most active deepwater regions…

Tampnet Gets Connectivity Contracts for Two US Gulf Deepwater Projects

Jun 22, 2026

Tampnet, the world’s largest offshore high-speed, high-capacity communications provider, has been selected by an international energy major to deliver advanced connectivity solutions to two development projects in the US Gulf.The projects in…

FairWind Strengthens European Wind Ops with Senior Appointments

Jun 22, 2026

Wind turbine installation and service company FairWind has appointed three senior executives to strengthen its blade and service operations in Europe as demand for operations and maintenance services continues to grow across the region.The Denmark…

Iran War Sparks Global Rush to Build Strategic Oil Reserves

Jun 22, 2026

Vulnerable countries that paid a high economic price during the Iran war are seeking to build domestic oil and gas storage buffers against future shocks, a drive that could bring roughly half a billion barrels of additional demand down the pike…

Repsol Looks to Expand to Venezuela Oilfield

Jun 18, 2026

Repsol seeks to expand its projects in Venezuela by incorporating the Horcon oilfield into its portfolio, the Spanish energy producer said on Thursday, having signed agreements with Venezuela's government this week.The company is a key partner…

Aramco Explores Asset Sales in Multi-Billion Dollar Fundraising Push

Jun 18, 2026

Saudi Aramco is considering the sale of a stake in its sulphur business, three sources with knowledge of the matter told Reuters, extending a strategy of tapping its infrastructure assets to raise tens of billions of dollars.Aramco, the crown jewel of the world's largest crude exporter…

US Canceling Four More Offshore Wind Projects Comes with $765M Price Tag

Jun 18, 2026

The Trump administration on Wednesday said it would pay $765 million to power project developer Invenergy to terminate four wind leases off the coasts of New York, California and Maine.The Department of the Interior said in a statement that…

Venture Global, EnBW Ink New LNG Supply Deals

Jun 18, 2026

U.S. liquefied natural gas producer (LNG) Venture Global and German utility EnBW have signed new binding agreements for the supply of approximately 0.82 million tonnes per annum (mtpa) of LNG over a period of about five years beginning in 2026…

Post-War Gulf Faces Push for Alternative Export Routes

Jun 18, 2026

Middle East oil producers face a reckoning. The Iran war exposed the dangers of relying on a single chokepoint for vital oil and gas exports, leaving Gulf governments with a clear strategic imperative: diversify – at all costs.An Iranian blockade…

Oil Drops to 3-Month Low as US-Iran Deal Signals Supply Return

Jun 18, 2026

Oil prices fell by more than $2 per barrel on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive U.S. sanctions on Tehran's oil, boosting the oil supply outlook.Brent crude futures LCOc1 were down $2…

EnerMech Completes Offshore Pipeline Campaign in Australia's Bass Strait

Jun 17, 2026

EnerMech has completed an offshore cleaning and preparation campaign on the Bass Strait pipeline system in Australia's Gippsland Basin, supporting offshore assets operated by Esso Australia Resources, a wholly owned subsidiary of ExxonMobil…

Current News

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

ABL Gets Papua New Guinea FSO Job

ABL Gets Papua New Guinea FSO Job

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

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