Industry News

 

UK Eases Russian Fuel Sanctions to Safeguard Diesel and Jet Supply

13 hours ago

Britain will allow imports of diesel and jet fuel refined abroad from Russian crude under a sanctions carve-out, watering down restrictions to help ensure supply at home as prices soar due to the conflict in the Middle East.While Britain's support for Ukraine remains steadfast…

Energean Cuts 2026 Output Forecast After Israel Shutdown

14 hours ago

Eastern Mediterranean-focused gas producer Energean cut its 2026 production forecast and dividend on Wednesday after a 41-day shutdown of its Israeli operations hammered its first-quarter results.The company's power floating production vessel…

Norway's Oil And Gas Output Tops Forecast in April

14 hours ago

Norway's combined oil and gas production exceeded an official forecast by 4.6% in April, the Norwegian Offshore Directorate (NOD) said on Wednesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…

Seiche Leads Pilot Study to Assess Piling Noise Offshore

May 19, 2026

Seiche, in collaboration with a consortium of leading marine science organizations, is delivering a pilot program to assess the feasibility and effectiveness of proposed underwater noise limits from pile driving during the construction of offshore wind farms…

Aqua superPower, Tidal Transit Partner on Electric CTVs

May 19, 2026

Aqua superPower and Tidal Transit have formed a strategic partnership to support the deployment of electric crew transfer vessels (E-CTVs) for ports and harbors serving offshore infrastructure, including offshore wind projects.Under the agreement…

Liebherr Completes Offshore Crane Overhaul on ZITON’s Jack-Up Vessel

May 19, 2026

Crane specialist Liebherr has completed an extensive inspection and refurbishment of a BOS 35000 offshore crane aboard ZITON’s jack-up vessel Wind Enterprise during a 10-day service campaign in Denmark.The board offshore crane was installed…

Adura Hires Shearwater for OBN Seismic Survey Job on North Sea Field

May 19, 2026

Offshore seismic services firm Shearwater Geoservices has secured an ocean bottom node (OBN) seismic acquisition project for the Jackdaw field in the UK sector of the North Sea by Adura.The two-month survey will deliver high-resolution OBN data…

Wison Starts Topsides Fabrication for Türkiye’s Sakarya Deepwater FPU

May 19, 2026

Wison New Energies has started topsides fabrication of the floating production unit (FPU) for the Sakarya Gas Field Development Project Phase 3, developed by Turkish Petroleum (TPAO), marking a new milestone for the Black Sea gas development…

Eco Wave Power to Explore AI-Driven Wave Energy Optimization

May 19, 2026

Eco Wave Power, via its U.S. subsidiary, has joined NVIDIA’s Inception program as the wave energy company explores artificial intelligence (AI) applications for renewable energy infrastructure and energy management systems.Eco Wave Power U.S…

Equinor Signs Five-Year Deal with Eneco for Gas Supply to Germany

May 19, 2026

Equinor has signed a five-year agreement with the Dutch energy company Eneco for supplies of natural gas from the Norwegian continental shelf, which will be delivered to Eneco’s wholly owned German subsidiary LichtBlick.The agreement runs until the end of 2030 and covers annual volumes of around 2…

Petrobras Nears Commercial Declaration for Aram Offshore Discovery

May 19, 2026

Brazil's state-run oil firm Petrobras will soon declare the commercial viability of a still-unnamed new discovery at the offshore Aram block in Santos basin, Chief Executive Magda Chambriard said on Monday.The CEO had said last week the firm hoped to have two producing wells at the block by 2030…

Glenfarne, ConocoPhillips Ink Alaska LNG Gas Supply Deal

May 19, 2026

Glenfarne Alaska LNG and ConocoPhillips Alaska have signed a gas sales precedent agreement to supply natural gas from Alaska’s North Slope for Phase One of the Alaska LNG project.The 30-year agreement will secure sufficient natural gas volumes…

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

May 19, 2026

Oil fell by nearly 2% on Tuesday after U.S. President Donald Trump said he had paused a planned attack on Iran to allow for negotiations to end the war in the Middle East.Trump posted on social media on Monday that he was holding off on a planned military attack on Iran scheduled for Tuesday…

Eni Assessing Third FLNG Platform for Mozambique

May 19, 2026

Italian energy group Eni is considering deploying a third Floating Liquefied Natural Gas (FLNG) platform offshore Mozambique, a company spokesperson said.Eni took a final investment decision on its second platform, Coral North, in October last year…

Eco Atlantic Advances Falklands Offshore Expansion with JHI Deal

May 18, 2026

JHI Associates had obtained a final court order from the Ontario Superior Court of Justice approving Eco (Atlantic) Oil & Gas' proposed acquisition of the company.The company said the court approval follows unanimous shareholder backing for the transaction at a May 12 meeting…

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