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Offshore Energy·Jul 17·1 min read

101 European lawmakers urge Danish shipyard to cut its ties with Russia’s Arctic LNG fleet

A coalition of 101 European legislators is exerting intense political pressure on a Danish shipyard, the last remaining facility in the EU servicing Russia's specialized Arc7 ice-class LNG carriers. T

Fugro to start offshore survey program in Timor-Leste this year

Dutch geodata specialist Fugro has secured a pivotal marine survey contract offshore Timor-Leste, signaling a renewed push for hydrocarbon exploration in the fr

Offshore Energy·Jul 17

Oil prices rise as US-Iran hostilities threaten major shipping routes

The escalation of military friction between the United States and Iran in the Persian Gulf has triggered a risk premium in global crude pricing due to the vulne

Offshore Technology·Jul 17

Halliburton wins multi-year LSTK onshore contracts from Aramco

Oilfield services giant Halliburton has clinched major, multi-year lump sum turnkey (LSTK) contracts from Saudi Aramco to oversee drilling and completion servic

Offshore Technology·Jul 17

Libya Declares Major Oil Discovery Commercial as Production Revival Gains Pace

Libya's National Oil Corporation (NOC) and Austria's OMV have declared the 'Essar' oil discovery in the Sirte Basin commercially viable, marking a significant m

OilPrice·Jul 17
Jul 17

Borr Drilling’s Mexican JV closer to being five rigs richer as sale clears regulatory hurdle

Jul 17

Iran-Linked LPG Tankers Turn Back as U.S. Blockade Tightens

Jul 17

Spain-France hydrogen pipeline exits pre-FEED phase en route to final subsea design

Jul 17

Oil Prices Set for Biggest Weekly Surge Since April as Iran War Escalates

Jul 16

China Could Be About to Remove Oil's Biggest Safety Net

Jul 16

India, South Africa To Boost Their Strategic Petroleum Reserves

Jul 16

IEA Predicts First Decrease in Global Oil Demand Since 2020

Jul 16

Chevron Moves Closer to Iraq's Biggest Oil Prize—and a Hormuz Exit Strategy

Jul 16

Oil Ends Lower but Holds Weekly Gains

Jul 16

Eni CEO: Big Oil Bets on Southeast Asia and Latin America