Global Petroleum News

 

Okea Makes Oil Find in North Sea

May 28, 2025

Norway's Okea has discovered oil in the Prince prospect in the North Sea, the Norwegian offshore directorate said on Wednesday.Preliminary estimates indicate a discovery of between 0.29 million and 2.79 million standard cubic metres of recoverable oil equivalent…

Report: Gas Investments in Australia Stalling

May 27, 2025

Australia is losing its competitive edge in attracting investment in natural gas exploration and production, threatening the nation’s energy security, economic growth and emissions reduction targets, a new report by Wood Mackenzie has found…

World Energy: Tariffs Reshape the Future

May 27, 2025

A new report from Wood Mackenzie, 'Trading cases: Tariff scenarios for taxing times', presents three futures for the global energy landscape, highlighting the far-reaching implications of ongoing trade tensions for the energy and natural resources sectors…

Current News

New York Terminates Offshore Wind Transmission Plan Due to Federal Uncertainty

New York Terminates Offshore W

Equinor Opts for CHC Helicopter to Service Two North Sea Fields

Equinor Opts for CHC Helicopte

High-Voltage Substation for RWE’s Thor Wind Farm Sails Away from HSM Offshore

High-Voltage Substation for RW

EnerMech Bags Two-Year O&M Services Extension in North Sea

EnerMech Bags Two-Year O&M Ser

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