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Reach Subsea signs MoA with Beacon Offshore in Australia
Australia

Reach Subsea signs MoA with Beacon Offshore in Australia

Haugesund, 26 May 2026 – Reach Subsea has entered into a Memorandum of Agreement (MoA) with Beacon Offshore Ltd., establishing…
Fortescue
Australia

β€˜Extraordinary’ Fortescue director set to resign after more than a decade

Elizabeth Gaines has announced she will step down from her role as executive director at Fortescue, ending a 13-year stint…
Strait-Of-Hormuz
Middle East

First Two LNG Carriers and a Supertanker Cross the Hormuz Since the Conflict Began

Two liquefied natural gas carriers and a supertanker have traversed the Strait of Hormuz over the past couple of days,…
Wind-Peak-WTIV-installing-first-Sofia-offshore-wind-turbine-source-RWE
Europe

RWE’s Sofia Offshore Wind Farm Reaches 91 Turbines Installed. Only Nine Remaining as North Sea Giant Nears Completion

Wind turbine installation vessel (WTIV) Wind Peak has installed 91 turbines at the Sofia offshore wind farm, under construction approximately…
Otway Basin assets Source Amplitude Energy
Australia

Amplitude Energy Takes Operatorship of Otway Basin Gas Field as Transocean Drilling Campaign Moves Ahead

Amplitude Energy (formerly Cooper Energy), an Australian gas production company focused on supplying the Southeast domestic gas market, has set…
Bul-Hanine-QatarEnergy
Middle East

Wood Wins Offshore Pipeline and Umbilical Engineering Contract with COOEC for QatarEnergy’s Bul Hanine Field

UK engineering group Wood has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to deliver a scope…
oil prices
South America

Oil Drops Sharply as US-Iran Peace Deal Declared “Largely Negotiated” Hormuz to Open Without Tolls Under 60-Day MoU

According to an oil market analyst, oil prices dropped today due to easing geopolitical tensions. β€œOn late Saturday, there seemed…
Jumbo Offshore Orders Two New Heavy-Lift Vessels in China
Asia

Jumbo Offshore Orders Two New Heavy-Lift Vessels in China

Dutch heavylift shipping specialist Jumbo is bolstering its fleet with a pair of next-generation multipurpose vessels in China. The Rotterdam-based…
Gas-Pipeline-Natural-Gas
Europe

Europe’s Gas Storage Levels Cannot Withstand Another Three Months of Hormuz Disruption

Europe risks a major gas storage shortfall if disruptions through the Strait of Hormuz continue for another 1–3 months, with…
north-sea-field
Europe

Norway Accelerates North Sea Oil and Gas Production and Reopens Shut-In Fields as Europe Races to Replace Disrupted Middle East and Russian Supply

Norway is boosting fossil fuel production to offset energy supply disruptions caused by Middle East instability and sanctions on Russian…

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