Analysts Tell OPEC+ Hormuz Disruption Will Last Through Year End
Energy consultants and analysts informed OPEC+ at a technical meeting in Vienna that disruptions in the Strait of Hormuz are expected to persist through the end of the year. This prolonged risk to a v
North America Adds 28 Rigs Week on Week
North America increased its active drilling fleet by 28 rigs week on week, according to the latest Baker Hughes rotary rig count. This significant weekly jump s
Rigzone·Jun 2
Ineos and Marubeni’s deal bringing more LNG to Asia
London-based Ineos Energy has signed a liquefied natural gas (LNG) supply agreement with Japanese trading conglomerate Marubeni Corporation. This deal secures a
Offshore Energy·Jun 2
BP Starts Production at Caspian Gas Project
BP has successfully commenced the first-ever commercial gas production at the Azeri-Chirag-Gunashli (ACG) field in the Caspian Sea. This milestone unlocks a new
Rigzone·Jun 2
Gas pipeline from Turkey to north ‘to be operational in 2028’
The Turkish Cypriot administration has announced a target operational date of 2028 for a natural gas pipeline connecting Turkey to northern Cyprus. This initiat
Cyprus Mail·Jun 2
Jun 2
Parex Resources completes $500m acquisition of Frontera E&P assets
Offshore Technology
Jun 2
Bilfinger workers on multi-day strike mission at Ithaca’s North Sea assets over pay dispute
Offshore Energy
Jun 2
Offshore Energy Amsterdam 2026 opens early bird ticket sales with 25% discount
Offshore Energy
Jun 2
JGC, Fluor in the clear for early works to double output at Shell-run LNG Canada