Greenland’s Untested Oil Basin Could Be the Next Big Discovery
The last time the oil industry chased a frontier like this, it changed the map of global energy. In 1968,…
North America
Drilling Rig Industry Report 2025: ADNOC Drilling, Transocean, and Baker Hughes Pushing Technological Boundaries and Strategic Investments – Global Forecast to 2033
The Drilling Rig Market is poised to grow from USD 86.92 billion in 2025 to USD 140.75 billion by 2033,…
Asia
MOL Enters European Offshore Wind CSOV Market
Mitsui O.S.K. Lines (MOL) has agreed to jointly own two commissioning service operation vessels (CSOVs) with Cyprus-based shipping company Schoeller…
Australia
Remote controlled stages and steel wool pigs – ExxonMobil-Woodside JV ‘s plans for decommissioning the Bass Strait
ExxonMobil decom boss gives detailed walk through of the plan A detailed explanation of how the Bass Strait will be…
Europe
Equinor Sees Omega South Find as Subsea Tieback
Operator started planning the development before it made its latest North Sea discovery. Equinor plans to rapidly develop its latest…
South America
Venezuela’s Gas Potential Could Overshadow Its Famous Oil Reserves
Following the United States intervention in Venezuela on 3rd January, which brought an end to President Nicolás Maduro’s 13-year dictatorship,…
Asia
Iran war: Oil suffers biggest one-day gain in six years as stocks plunge
Ongoing uncertainty could also mean the Bank of England is less likely to cut interest rates – with markets now…
Asia
Chevron taps Hanwha Ocean for Leviathan platform expansion
South Korean shipbuilding major Hanwha Ocean has been awarded the Leviathan expansion module fabrication project by US supermajor Chevron. Located…
South America
Shell signs oil and gas, exploration agreements with Venezuela
Oil major Shell inked several oil agreements with the Venezuelan government on Thursday that span offshore natural gas and onshore…
Africa
Nigeria: Dangote Refinery Moves to Cushion Nigerians From Global Oil Market Shocks
The Dangote Petroleum Refinery and Petrochemicals has reassured Nigerians of its commitment to stabilising the domestic petroleum market following recent…
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