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Eni's Venezuela Expansion Opens Path to Recover $2.3B Debt

Sep 07, 2026

Italian oil company Eni has improved its chances of recovering more than $2.3 billion owed by Venezuela with the signing this week of a new oil project deal in the country, analysts said on Friday.After nearly three decades in Venezuela, Eni…

UK Set to Clear Jackdaw Gas Field for Production

Sep 07, 2026

Britain is expected to give approval on September 15 to bring the Jackdaw gas field online, ending years of legal delays, The Times newspaper reported on Friday, citing government sources.The decision on the field, which is operated by a joint…

Sea Lion Oil Project Caught in Argentina-Falklands Oil Dispute

Sep 07, 2026

Argentine President Javier Milei's push for sanctions on oil companies drilling offshore in the British-controlled Falkland Islands has put Israeli investors at the centre of a sovereignty dispute over which Britain and Argentina went to war in 1982…

Northern Territory Shale Developers Look Towards LNG Production

Sep 04, 2026

Developers of shale gas in Australia's Northern Territory say they plan to replicate the liquefied natural gas boom in the state of Queensland, but without the duplication of infrastructure and overspending that occurred in the 2010s.The territory's…

CM Energy to Introduce CM Zenith Offshore Vessel to European Market in 2028

Sep 04, 2026

CM Energy has announced plans to introduce CM Zenith into the European offshore wind market from Q1 2028, following a targeted modification and upgrade program to meet international class, flag and operational requirements.CM Zenith, formerly…

Milei Vows Tougher Sanctions, Defense Push Over Falklands Oil Drilling

Sep 03, 2026

Argentine President Javier Milei said on Thursday he would tighten sanctions on companies involved in oil projects around the Falkland Islands, boost defense resources in the country's south and send Congress a bill aimed at strengthening Argentina's…

ABS to Support Floating Offshore Wind Development in Brazil

Sep 03, 2026

ABS and JB Energy have signed a memorandum of understanding (MOU) to collaborate on strategic studies for the proposed Aura Sul Wind Project, a floating offshore wind pilot under consideration in Rio Grande do Sul, Brazil.ABS will support two…

Proserv Secures Equinor Contract for Dudgeon Offshore Wind Farm

Sep 03, 2026

Proserv has secured a full deployment contract with Equinor to install its ECG™ cable monitoring technology at the 402 MW Dudgeon Offshore Wind Farm off the Norfolk coast, UK, with deployment scheduled to commence in 2027.Located approximately 32 km off the north Norfolk coast…

China Conducted Survey of Waters East of Taiwan

Sep 03, 2026

China's Ministry of Natural Resources conducted a survey of waters east of Taiwan last month that it said would help it create 'one map' for territorial planning and resource management, state broadcaster CCTV said on Thursday.China has been…

Nigeria Looks to Double Energy Investment Within Five Years

Sep 03, 2026

Nigeria could double investment into its energy sector within five years after joining the International Energy Agency, its chief Fatih Birol said on Thursday, as nations seek partners they can 'trust' after supply disruptions from the wars in Iran and Ukraine…

Kongsberg Maritime to Supply Technology Package for Two Cadeler WTIVs

Sep 03, 2026

Kongsberg Maritime has secured a contract from COSCO Shipping (Qidong) Offshore Co., Ltd. to supply an integrated technology package for two new Wind Turbine Installation Vessels (WTIVs) being built for offshore wind installation company Cadeler…

Woodside and PEMEX to Expand Deepwater Partnership

Sep 02, 2026

Woodside Energy has signed a non-binding Memorandum of Understanding (MoU) with Petróleos Mexicanos (PEMEX) that will allow analysis of potential future opportunities for exploration and extraction of hydrocarbons in the deep waters of the Gulf of Mexico…

Pipelay Vessel Ready for UK Carbon Storage Project

Sep 02, 2026

Saipem’s pipelay vessel Castorone has arrive in the Southern North Sea to start work for Northern Endurance Partnership (NEP).At 325 metres long, the vessel is one of the world’s largest pipelay vessels and will play a vital role in laying the…

Nadara Confirms Landfall Location for Bellrock Floating Wind Project

Sep 02, 2026

Nadara has submitted a Scoping Report and Habitats Regulations Appraisal (HRA) Screening Report to the Marine Directorate, for the offshore transmission infrastructure associated with the proposed 1.8-gigawatt Bellrock floating offshore wind project in Scotland…

Shell Acquires Stake in BP's Conifer Prospect in the Gulf of Mexico

Sep 02, 2026

Shell Offshore, a subsidiary of British oil and gas major Shell SHEL.L, said on Wednesday it would acquire a 30% stake in the BP-operated Conifer exploration prospect in the Gulf of Mexico.Shell and BP are prioritizing long-term growth in their…

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