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Viridien Kicks Off Multi-Client OBN Survey in North Sea’s Frigg Area

May 18, 2026

Viridien has launched a dense multi-client ocean bottom node (OBN) survey survey in the Frigg area of the Central Noth Sea.The survey area covers 645 km2, straddling the UK and Norwegian sectors, with the final processed deliverables expected to be available in the third quarter of 2027…

Oil Climbs Above $110 After Gulf Drone Attacks Raise Supply Fears

May 18, 2026

Oil prices extended gains on Monday as efforts to end the Iran war appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as U.S. President Donald Trump is expected to discuss military options on Iran…

Global Businesses Face Mounting $25 Billion Fallout From Iran War

May 18, 2026

The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion - and the bill is climbing, according to a Reuters analysis.A review of corporate statements since the start of the conflict by companies listed in the United States…

Current News

BP to Boost Azerbaijan Portfolio with Babek Gas Field Operatorship Takeover

BP to Boost Azerbaijan Portfolio with Babek Gas Field Operatorship Takeover

Petrobras Nears Deal With SBM Offshore for Two Sergipe FPSOs

Petrobras Nears Deal With SBM Offshore for Two Sergipe FPSOs

Mitsui Eyes New LNG Investments to Power Data Center Growth

Mitsui Eyes New LNG Investments to Power Data Center Growth

Oil Prices Fall Amid Signs of US-Iran Ceasefire Extension Deal

Oil Prices Fall Amid Signs of US-Iran Ceasefire Extension Deal

Three Dead After Incident at Petronas' FSO Offshore Malaysia

Three Dead After Incident at Petronas' FSO Offshore Malaysia

Planned Strike at Inpex’s Ichthys LNG Facility Called Off as Talks Continue

Planned Strike at Inpex’s Ichthys LNG Facility Called Off as Talks Continue

Eni Inks Long-Term Indonesia LNG Supply Agreements

Eni Inks Long-Term Indonesia LNG Supply Agreements

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