Australia3 weeks agoReach Subsea signs MoA with Beacon Offshore in AustraliaHaugesund, 26 May 2026 β Reach Subsea has entered into a Memorandum of Agreement (MoA) with Beacon Offshore Ltd., establishing…
Australia3 weeks agoβExtraordinaryβ Fortescue director set to resign after more than a decadeElizabeth Gaines has announced she will step down from her role as executive director at Fortescue, ending a 13-year stint…
Middle East3 weeks agoFirst Two LNG Carriers and a Supertanker Cross the Hormuz Since the Conflict BeganTwo liquefied natural gas carriers and a supertanker have traversed the Strait of Hormuz over the past couple of days,…
Europe3 weeks agoRWE’s Sofia Offshore Wind Farm Reaches 91 Turbines Installed. Only Nine Remaining as North Sea Giant Nears CompletionWind turbine installation vessel (WTIV) Wind Peak has installed 91 turbines at the Sofia offshore wind farm, under construction approximately…
Australia3 weeks agoAmplitude Energy Takes Operatorship of Otway Basin Gas Field as Transocean Drilling Campaign Moves AheadAmplitude Energy (formerly Cooper Energy), an Australian gas production company focused on supplying the Southeast domestic gas market, has set…
Middle East3 weeks agoWood Wins Offshore Pipeline and Umbilical Engineering Contract with COOEC for QatarEnergy’s Bul Hanine FieldUK engineering group Wood has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to deliver a scope…
South America3 weeks agoOil Drops Sharply as US-Iran Peace Deal Declared “Largely Negotiated” Hormuz to Open Without Tolls Under 60-Day MoUAccording to an oil market analyst, oil prices dropped today due to easing geopolitical tensions. βOn late Saturday, there seemed…
Asia3 weeks agoJumbo Offshore Orders Two New Heavy-Lift Vessels in ChinaDutch heavylift shipping specialist Jumbo is bolstering its fleet with a pair of next-generation multipurpose vessels in China. The Rotterdam-based…
Europe3 weeks agoEurope’s Gas Storage Levels Cannot Withstand Another Three Months of Hormuz DisruptionEurope risks a major gas storage shortfall if disruptions through the Strait of Hormuz continue for another 1β3 months, with…
Europe3 weeks agoNorway Accelerates North Sea Oil and Gas Production and Reopens Shut-In Fields as Europe Races to Replace Disrupted Middle East and Russian SupplyNorway is boosting fossil fuel production to offset energy supply disruptions caused by Middle East instability and sanctions on Russian…