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Middle East

Oil Prices Rise as Iran Signals Hormuz Closure

Iran has reportedly closed the Strait of Hormuz again, less than 24 hours after agreeing to a ceasefire deal with…
Oil Tanker
Middle East

Empty ships and shut wells: Why the Iran war oil crisis is not over yet

The US-Israel war on Iran has removed hundreds of millions of barrels from oil markets. After 40 days of fighting,…
N05-A platform in the North Sea
Europe

ONE-Dyas boosts North Sea gas output to 1 Bcm/year with second N05-A well

ONE-Dyas has started production from a second well at its N05-A platform in the North Sea, increasing total output at…
Huaneng Shandong Peninsula North offshore wind farm
Asia

China Connects Its ‘Deepest’ Offshore Wind Farm to Grid

China Huaneng Group (CHNG) has connected the 504 MW offshore wind project off the Shandong Peninsula to the grid, which…
Valhall-field-Source-Aker-BP
Europe

Go-ahead for Aker BP to use accommodation facility at North Sea field

The Norwegian offshore safety regulator has given its blessing to Aker BP to deploy Macro Offshore Management’s mobile living quarters…
MarineTraffic app showing numerous ship beacons near the Strait of Hormuz
Middle East

Trump wants Strait of Hormuz open ‘without limitation, including tolls’ during Iran ceasefire: White House

The fragile ceasefire between the U.S. and Iran depends on the Strait of Hormuz being opened for ships “without limitation,…
SLB
South America

SLB Lands Major Deal To Help Tap Suriname’s Oil Reserves Faster

SLB Limited shares traded lower in Wednesday’s premarket session. On Tuesday, the company signed a strategic agreement with PETRONAS Suriname…
Angola Oil & Gas 2026: APPO chief to spotlight Africa Energy Bank
Africa

Angola Oil & Gas 2026: APPO chief to spotlight Africa Energy Bank

African Petroleum Producers Organisation (APPO) secretary general Farid Ghezali is expected to use the upcoming Angola Oil & Gas Conference…
The BW Opal FPSO is located on Santos' Barossa field offshore Australia
Australia

Santos facing another 10 days to restart production at flagship gas project

Teething troubles on Barossa FPSO offshore Australia have prolonged offshore commissioning Australian independent Santos currently plans to restart production around…
Seadrill chief executive Samir Ali
South America

Seadrill wins $480 million rig contract extension with Petrobras

Drillship West Polaris will continue drilling offshore Brazil until early 2031 Bermuda-based drilling company Seadrill has secured a contract extension…

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