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Hormuz Crisis Signals New Era of Risk for Gulf Energy

Apr 13, 2026

The Iran war and the closure of the Strait of Hormuz have shattered a status quo that prevailed among Middle East oil and gas producers for decades. Even if the current, shaky ceasefire holds, the uneasy “new normal” has likely set the stage for yet another round of conflict…

Subsea7 Nets Over $1.2M for Work at Petrobras’ Sépia 2 off Brazil

Apr 10, 2026

Subsea7 has secured a supermajor contract by Petrobras for the development of the Sépia 2 field in the Santos Basin offshore Brazil.The contract, awarded following a competitive tender, covers engineering, procurement, fabrication, installation and pre-commissioning of subsea umbilicals…

Oxy Makes Oil Discovery at Bandit Prospect in Gulf of America

Apr 09, 2026

Occidental Petroleum (Oxy) has made an oil discovery at the Bandit prospect in the Gulf of America.The exploration well, located in Green Canyon Block 680 about 125 miles south of the Louisiana coast, encountered oil-bearing Miocene sands.Occidental…

Nexans Completes Record-Depth Subsea Cable Project in Norway

Apr 08, 2026

Nexans and Statnett have completed a 420 kV subsea cable project across the Fensfjord in western Norway, strengthening power supply to Bergen and surrounding industrial areas.The project, awarded in 2022, included the engineering, manufacturing…

Sponsored: Global Energy Leaders to Convene at Egypt Energy Show 2026 to Strengthen Partnerships and Shape the Future of Energy Systems

Mar 30, 2026

The 9th edition of Egypt Energy Show 2026 will take place in Cairo from 30 March to 1 April 2026, bringing together Heads of State, ministers, CEOs and global energy leaders at a pivotal moment for the industry.  His Excellency Abdel Fattah El Sisi…

Current News

Lloyd’s Register Approves Wison’s Internal Turret FPSO Concept

Lloyd’s Register Approves Wison’s Internal Turret FPSO Concept

Gulf Marine Services Profit Plunges After Gulf Vessel Evacuations

Gulf Marine Services Profit Plunges After Gulf Vessel Evacuations

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

IEA: Middle East Conflict Reshaping Medium-Term Gas Outlook

IEA: Middle East Conflict Reshaping Medium-Term Gas Outlook

ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

Brent Near $114 as Middle East Conflict Continues

Brent Near $114 as Middle East Conflict Continues

Thailand Cancels Offshore Energy Exploration Pact with Cambodia

Thailand Cancels Offshore Energy Exploration Pact with Cambodia

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Gold firms make weekly gains on US-Iran deals
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