South America2 weeks agoPetrobras gives out $56 million contract extension to Solstad CSVA construction support vessel (CSV) owned by Solstad Maritime (SOMA) has secured a two-year contract extension worth approximately $56 million…
Africa2 weeks agoBp to Buy Interest in Three Offshore Namibian Blocks as Shift to Oil and Gas SharpensBP to Acquire 60% Stake in Three Offshore Oil Blocks in Namibia from Eco Atlantic BP’s Strategic Expansion in Namibia’s…
Europe3 weeks agoSale of Petrofac Asset Solutions to CB&I CompletesPetrofac confirms that the sale of its Asset Solutions business to CB&I has successfully completed. CB&I has made a separate…
North America3 weeks agoCB&I Completes Acquisition of Petrofac Asset Solutions BusinessCB&I today announced the completion of an asset sale agreement, previously announced on December 24, 2025, to acquire Petrofac’s Asset…
North America3 weeks agoOccidental discovers oil at Bandit prospect in U.S. GulfOccidental Petroleum (Oxy) has reported an oil discovery at the Bandit prospect in the U.S. Gulf of America/Mexico, encountering oil-bearing…
Middle East3 weeks agoOil Prices Rise as Iran Signals Hormuz ClosureIran has reportedly closed the Strait of Hormuz again, less than 24 hours after agreeing to a ceasefire deal with…
Middle East3 weeks agoEmpty ships and shut wells: Why the Iran war oil crisis is not over yetThe US-Israel war on Iran has removed hundreds of millions of barrels from oil markets. After 40 days of fighting,…
Europe3 weeks agoONE-Dyas boosts North Sea gas output to 1 Bcm/year with second N05-A wellONE-Dyas has started production from a second well at its N05-A platform in the North Sea, increasing total output at…
Asia3 weeks agoChina Connects Its ‘Deepest’ Offshore Wind Farm to GridChina Huaneng Group (CHNG) has connected the 504 MW offshore wind project off the Shandong Peninsula to the grid, which…
Europe3 weeks agoGo-ahead for Aker BP to use accommodation facility at North Sea fieldThe Norwegian offshore safety regulator has given its blessing to Aker BP to deploy Macro Offshore Management’s mobile living quarters…
