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Rigzone·Jun 19·1 min read

Var Energi to Proceed with Balder Next Project

Vår Energi's decision to greenlight the Balder Next project marks a critical life-extension phase for one of the North Sea's pioneering hubs. By utilizing the refurbished Jotun FPSO as a host facility

India Receives First Post-Deal LNG Cargo Through Strait Of Hormuz

The arrival of the LNG carrier Disha at India's Dahej terminal marks the first successful transit of a liquefied natural gas vessel through the Strait of Hormuz

OilPrice·Jun 19

Valeura Energy concludes Nong Yao drilling campaign in Gulf of Thailand

Valeura Energy's successful completion of its eight-well infill and development drilling campaign at the Nong Yao field marks a critical operational milestone i

Offshore Technology·Jun 19

Advanced underwater vehicle goes on first mission to chart Norwegian Sea’s subseascape

The Norwegian Offshore Directorate (NOD) has deployed a newly acquired, highly sophisticated Autonomous Underwater Vehicle (AUV) for its maiden bathymetric and

Offshore Energy·Jun 19

Crude Slides Nearly 9% as Traders Bet on Return of Iranian Oil

The sudden collapse of WTI crude prices by nearly 9% reflects a rapid recalibration of global supply expectations as geopolitical risk premiums evaporate. Trade

OilPrice·Jun 19
Jun 19

Oil Flows Resume Through Hormuz as Insurers Remain Wary

Jun 19

Libya Draws Oil Majors Back in First Licensing Round in 17 Years

Jun 19

EIA Raises USA Oil Production Forecast for 2026, 2027

Jun 19

Shareholders cast their votes in favor of Vantage Drilling’s merger with Eldorado

Jun 19

India Orders Major Strategic Oil Reserve Expansion After Supply Crisis

Jun 19

Eight-well drilling program ups oil output at Southeast Asian offshore field

Jun 19

UK’s testbed on the lookout for partners after spotlighting subsea range with multi-robot demo

Jun 19

BP taps DeepOcean for Foinaven subsea recycling project

Jun 19

Philippines Seeks Long-Term Oil Supply Deal With Russia

Jun 19

Vår Energi approves Balder Next New Wells project in North Sea