Latest News - page 9


Australian Regulator Takes Inpex to Court Over Ichthys LNG Emissions

Aug 05, 2026

The environmental regulator in Australia's Northern Territory charged Japanese energy giant Inpex in court on Wednesday with under-reporting emissions from its Ichthys liquefied natural gas (LNG) plant near Darwin.The charges cover alleged licence breaches…

Petrobras Pauses $1B Brazil Gas Pipeline Studies on Regulatory Uncertainty

Aug 05, 2026

Brazil's Petrobras is reassessing a major natural gas infrastructure investment in Brazil amid regulatory uncertainty surrounding a proposed government program that could also impact a project by Norway's Equinor, sources told Reuters.The proposal…

ADNOC, SLB Deploy AI Platform to Manage Drilling Operations

Aug 04, 2026

ADNOC, in collaboration with SLB, has deployed its AI-enabled Real-Time Operations Center (RTOC) platform across its fleet of over 120 rigs, providing teams with a faster and more connected way to monitor, analyze and manage drilling operations across its onshore and offshore assets…

Intermoor Secures Three-Year Petrobras Offshore Services Deal

Aug 04, 2026

Intermoor, Acteon's moorings and anchors business line, has secured a three-year contract from Petrobras to provide inspection, preservation, maintenance and operational readiness services for subsea interconnection, mooring and anchoring equipment supporting offshore operations in Brazil…

Petrobras Makes Offshore Gas Discovery in Colombian Deepwater Block

Aug 04, 2026

Petrobras has confirmed a new gas discovery at the Sandia-1 exploratory well in the GUA-OFF-0 block in deep waters offshore Colombia, further expanding the identified gas potential of the country's offshore basin.The Sandia-1 well is located about 42 kilometers from the Colombian coast in 1…

Vattenfall Secures Rights to Build Two Offshore Wind Farms in Denmark

Aug 04, 2026

Vattenfall has been awarded the Hesselø and North Sea I Mid offshore wind projects in Denmark's latest offshore wind tender, adding at least 1.8 GW of new capacity to its development portfolio.The Hesselø project, located in the Kattegat Sea between Denmark and Sweden about 30 kilometres offshore…

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Aug 04, 2026

ADNOC, in collaboration with SLB, has deployed an artificial intelligence (AI)-enabled Real-Time Operations Center (RTOC) platform across its fleet of more than 120 drilling rigs, aiming to improve drilling performance, reduce engineering effort…

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

Aug 04, 2026

Oil prices rose on Tuesday as a diplomatic resolution to the U.S.-Iran conflict remained uncertain, while disruptions to oil flows through key shipping routes persisted.Front-month Brent futures LCOc1 rose $1.04, or 1.24%, to $84.81 a barrel…

Trump Presses ExxonMobil, Chevron to Lower Fuel Prices After Record Profits

Aug 04, 2026

U.S. President Donald Trump accused ExxonMobil and Chevron on Monday of making 'too much money' off higher fuel prices and said the oil giants should 'give some of that back to the public,' a notable break from his usual alliance with the industry…

Valaris Jack Up Wraps Up Well Job for BP Offshore Trinidad Early

Aug 04, 2026

Valaris has completed a two-well workover and completion campaign for BP offshore Trinidad, with its VALARIS 249 jack-up rig finishing the program nearly 17 days ahead of schedule.The company credited the performance of the VALARIS 249 crew for delivering the campaign safely…

BP's Profit Tops $5 Billion as Oil Prices Surge

Aug 04, 2026

BP's second-quarter profit more than doubled to $5.73 billion on higher oil and gas prices and strong refining margins, it reported on Tuesday, as CEO Meg O'Neill outlined the energy group's priorities.Oil majors have benefited this year from market volatility caused by the U…

Moby Robotics Gears Up to Take the Subsea Minerals Market by Storm

Aug 04, 2026

Moby Robotics is a new entrant to the subsea swarm autonomous robotic space, created in 2025 and aiming to take the discovery and recovery of subsea minerals market. Andrew Lipman, a USMMA  graduate and long time executive with ABS stationed in China…

Saipem, Subsea7 Clear Key US Regulatory Merger Hurdle

Aug 03, 2026

Saipem and Subsea7 have cleared a key U.S. regulatory hurdle for their planned merger after the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 expired, allowing the transaction to close in the United States once all remaining conditions are met…

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Aug 03, 2026

India's Oil and Natural Gas Corp will reserve half of its planned 1.75 million metric ton (about 13 million barrels) oil storage facility to meet the country's strategic needs, junior oil minister Suresh Gopi told lawmakers on Monday.ONGC, India's top oil explorer…

Huisman to Deliver Equipment for Solstad-SBM Offshore Installation Vessel

Aug 03, 2026

Dutch lifting equipment specialist Huisman has secured a contract from CIMC Raffles Offshore to supply lifting and handling systems for a next-generation deepwater offshore installation vessel being built for a joint venture between Solstad Offshore and SBM Offshore…

Current News

Norway Approves Request to Delay Offshore Wind Farm License Application

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Alexandre de Gusmão FPSO Reaches Peak Production

Transocean Awarded $300 Million Contract for Ultra-Deepwater Drillship

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