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Quantum: The Bigger the Battery, The Quicker it Charges

Mar 19, 2026

Australian scientists have demonstrated proof-of-concept for a quantum battery.Like conventional batteries, it charges, stores and discharges energy. However, unlike conventional batteries, it leverages unique properties of quantum mechanics…

IKM Gruppen Acquires Hendrik Veder Group

Mar 19, 2026

Norway’s IKM Gruppen has acquired Hendrik Veder Group, headquartered in Rotterdam.The combined entity will operate under the new name IKM Hendrik Veder.Hendrik Veder Group brings a distinguished 225-year legacy, making it one of the oldest maritime enterprises in the Netherlands…

Energean, ExxonMobil, Helleniq Energy Explore Block Offshore Greece

Mar 19, 2026

A joint venture by Energean, ExxonMobil and Helleniq Energy has notified Greece it would look for gas in a western offshore bloc, the nation's hydrocarbons management agency said on Thursday, a move that would involve the first test drilling in the country for decades…

Exxon Consortium for Guyana Floating Production Continues As Planned

Mar 19, 2026

A new floating production facility for a consortium led by Exxon Mobil in Guyana is nearly complete and expected to soon depart from Singapore, an executive said Thursday, part of the push to accelerate oil and gas projects in a country key to the U…

Saipem FlatFish Underwater Drone Completes Petrobas Test Campaign

Mar 19, 2026

FlatFish, Saipem’s underwater inspection drone, has successfully completed a key phase under the contract awarded by Petrobras in 2023 for the development and testing of an autonomous robotic solution. These were Functional Acceptance Tests…

Iran Fires Missiles at Qatar Energy Hub

Mar 18, 2026

Iran accused Israel of striking its facilities in the huge South Pars gas field on Wednesday in a major escalation in the U.S.-Israeli war that sent oil prices shooting higher, and retaliated by vowing attacks on oil and gas targets throughout the Gulf…

Iranian Oil Facilities Under Attack, Site Evacuations Advised

Mar 18, 2026

Iranian gas facilities in the Gulf came under attack on Wednesday, state media reported, prompting Tehran to say it would target a range of energy installations across Saudi Arabia, the United Arab Emirates and Qatar 'in the coming hours'.Oil prices jumped on the news…

Indonesia Awards Nine Oil, Gas Blocks

Mar 18, 2026

Indonesia awarded nine oil and gas blocks to several companies, with an investment commitment valuing nearly $85 million, its Energy Ministry said on Wednesday, with the blocks expected to help the country to achieve its energy security goals…

$112M Offshore Vessel Acquisition Finalized

Mar 18, 2026

Next Geosolutions has finalized financing to support the acquisition of a new offshore vessel, strengthening its fleet and subsea service capabilities as demand grows in the offshore energy sector.The Italy-based marine geosciences and offshore…

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Mar 18, 2026

Vietnam's domestic crude oil production is expected to decline this decade, according to a government document released this week, increasing the country's reliance on imports as its offshore fields mature and geopolitical tensions threaten global supplies…

Eni Advances Major Deep Water Gas Hubs with Dual FIDs

Mar 18, 2026

With the sanctioning of the Gendalo, Gandang, Geng North and Gehem fields, Eni is set to deliver up to 2 bscfd of gas and 90,000 bpd of condensate at plateau. The projects leverage existing infrastructure to accelerate time‑to‑market and strengthen both domestic supply and LNG exports…

Equinor Makes New Oil Discovery at Johan Castberg

Mar 18, 2026

Equinor has made an oil discovery that will be tied into the Johan Castberg field in the Barents Sea.The discovery was made in the “Polynya Tubåen” prospect (7220/7-5). The well was drilled by the COSL Prospector rig. The preliminary volume…

SLB OneSubsea Awarded Integrated EPC Contract by CNOOC

Mar 17, 2026

SLB has announced that its OneSubsea™ joint venture has been awarded a multi-well, integrated engineering, production, and construction (EPC) contract by China National Offshore Oil Corporation (CNOOC).The contract encompasses 20 wells and covers…

Liz Westcott Appointed Woodside CEO

Mar 17, 2026

The Board of Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief Executive Officer and Managing Director.Westcott, who has served as Woodside Acting CEO since the departure of Meg O’Neill in December 2025, has a proven track record…

bp Confirms New Gas Consortium Project Startup in Angola

Mar 17, 2026

bp has confirmed start-up of gas production from the Quiluma field, part of the New Gas Consortium (NGC) in Angola, as reported by operator Azule Energy. This milestone continues the strong delivery of project start-ups and exploration discoveries…

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