Inpex signs agreements for offtake from Abadi LNG Project
Inpex has reached agreements in principle for LNG offtake from the Abadi LNG Project in Indonesia. This signifies a major step forward for the project, securing future revenue streams and demonstratin
Wood Mackenzie Warns Oil Could Hit $200
Wood Mackenzie has projected that Brent crude oil prices could potentially reach $200 per barrel by the end of 2026. This forecast suggests a significant increa
Rigzone·May 21
Saipem and Petrobras set their cap on advancing Brazil’s decom offering
Saipem and Petrobras are collaborating to develop improved decommissioning solutions for Brazil's oil and gas infrastructure. This partnership aims to address t
Offshore Energy·May 21
QatarEnergy, ExxonMobil ink Cyprus pact with Egypt
QatarEnergy and ExxonMobil, key partners in Cyprus's offshore Block 10, have formalized an agreement with the Egyptian government to investigate the feasibility
Traders Expect Oil Prices to Remain Above $81 for the Next 12 Months
A Bloomberg Intelligence survey indicates traders expect oil prices to average between $81 and $100 per barrel over the next year. This expectation is driven by
OilPrice·May 21
May 21
DeepOcean picks up subsea and topside removal job for North Sea FPSO
Offshore Energy
May 21
Wood to deliver pipeline design and more for Qatar’s redevelopment project
Offshore Energy
May 21
BP expands Indonesia footprint with Bintuni, Drawa and Barong PSCs
Offshore Technology
May 21
Constellation to Invest in Pine Creek RNG
Rigzone
May 21
Arab Energy Fund Makes $120MM LNG Investment in MidOcean
Rigzone
May 21
Wave-measuring device deployed at new marine energy test site in Massachusetts
Offshore Energy
May 21
Goldman Sachs Sounds Fresh Alarm on Global Oil Stockpiles
OilPrice
May 21
No break for TGS as it scores triple win in Norwegian North Sea
Offshore Energy
May 21
Saudi Arabia Forced to Boost Fuel Oil Imports as Gas Output Dips
OilPrice
May 21
StanChart Says Record SPR Withdrawals Are Tightening U.S. Oil Buffers