Wood Secures Five-Year Long-Term Agreement With Saudi Aramco Covering Engineering, Design and Project Management Across Oil, Gas, Refining and Hydrogen
Wood has won a new five-year Long-Term Agreement with Saudi Aramco to deliver engineering, design and project management services across…
Middle East
Brent drops on prospects of more Iranian oil
Brent crude prices fell on Monday after U.S.-Iran talks in Switzerland ended with Iran announcing it had secured waivers for…
Europe
BP Considers Selling UK North Sea Assets to Focus on Higher-Growth Regions
BP is weighing a sale or restructuring of its UK upstream portfolio as part of a broader plan to streamline…
Europe
Equinor Combines Multiple North Sea Discoveries Into Single Ringvei Vest Subsea Tie-Back Project
Norway’s state-owned energy giant Equinor has unveiled a concept for a development that aims to combine several discoveries in the…
South America
Petronas is testing Block 52 offshore Suriname for oil
Block 52 was already declared commercially viable for gas. Now Petronas is testing it for oil. Staatsolie Managing Director Annand…
North America
First Oil Sands Project in 10 Years Starts Production
International Petroleum Corp.’s Blackrod project has begun commercial production, becoming Alberta’s first new oil sands project since 2014. Canadian producers…
Middle East
80 Million Barrels of Crude Are Lined Up to Exit the Strait of Hormuz
Tankers carrying a total of 80 million barrels of crude are preparing to move through the Strait of Hormuz after…
Europe
‘New chapter’: Polish energy giant Orlen buys stake in Norwegian oil field
Polish energy giant Orlen has bought a 20% stake in a Norwegian oil and gas field as part of moves…
Australia
Australia’s Renewable Project Pipeline Is Booming
Following government tenders for nearly 10 gigawatts of new renewable energy capacity, Australia’s pipeline of probable clean energy projects jumped…
Middle East
Three Saudi oil tankers transit Strait of Hormuz following U.S.-Iran accord
Three Saudi-flagged supertankers carrying around six million barrels of crude oil transited the Strait of Hormuz on Thursday, according to…
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