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Boskalis Subsea Services
Australia

Boskalis Subsea Services Secures Decom Work for Shell

Boskalis Subsea Services has secured a multi-million-dollar offshore decommissioning contract with Shell UK. The award marks the first decommissioning-specific project…
Offshore-oil-and-gas
Middle East

Oil Market Report – March 2026

About this report The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of…
Totalenergies
South America

TotalEnergies – Brazil: Start-up of Lapa South-West

TotalEnergies (48%, operator) announces the start-up of the Lapa South-West project, located in the Santos Basin, approximately 300 kilometers offshore…
US Gulf of Mexico oil and gas
North America

BP, Chevron were top spenders at US Gulf of Mexico oil and gas auction

A sale of drilling rights in the Gulf of Mexico on Wednesday ended with $46.98 million in high bids from…
Germany’s Oil and Gas Output Is Dwindling as Prices Rise
Europe

Germany’s Oil and Gas Output Is Dwindling as Prices Rise

Natural gas production in Germany has fallen about 80 percent in the past two decades even as the country seeks…
Oil and Gas news
Middle East

Middle East conflict puts up to 2 million bpd of Gulf refining capacity under threat – Rystad Energy’s Oil Market Update

As the Strait of Hormuz remains closed in the wake of the US-Iran military escalation, Gulf countries’ oil inventory levels…
Exxonmobil
Middle East

ExxonMobil Scales Back Middle East Operations, Evacuates Staff

Exxon Mobil has evacuated non-essential employees from its operations in the Middle East, CEO Darren Woods said in an interview…
Kuwait-oil-and-gas
Middle East

Slow Depletion of Big Reserves Exposes Kuwait to Oil Demand Risks

Kuwait risks becoming the custodian of a vast, stranded asset if it cannot align its production pace with the closing…
OneSubsea chief executive Mads Hjelmeland.
Asia

SLB OneSubsea wins contract for work offshore Malaysia

PTTEP subsidiary gives deal to joint venture for Kikeh 3B’s second phase SLB OneSubsea has won a major subsea production…
n-sea
Europe

N-Sea Expands Fleet with Offshore Support Vessel Newbuild

N-Sea Group has entered into a long-term charter agreement with Rederij Groen for the newbuild offshore support vessel Dominus, which…

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