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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…

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

TotalEnergies, QatarEnergy, ConocoPhillips Ink MOU to Review Offshore Syria

TotalEnergies, QatarEnergy, ConocoPhillips Ink MOU to Review Offshore Syria

Norway O&G Revenue Forecast Jumps 30% for '26

Norway O&G Revenue Forecast Jumps 30% for '26

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

Dolphin Drilling Boosts Backlog with Harbour Energy Deal, Oil India Extension

Dolphin Drilling Boosts Backlog with Harbour Energy Deal, Oil India Extension

Oil Prices Edge Higher Amid Uncertainty Over Iran Deal

Oil Prices Edge Higher Amid Uncertainty Over Iran Deal

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

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EIA: US power consumption will surpass previous records in 2026 and '27, as AI usage surges.
NEI: US considers financing billions in parts for nuclear reactors with long lead times
US consumer prices continue to rise in April
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