Latest News - page 6

 

BW Energy Agrees Long-Term Platform Lease for Bourdon Field off Gabon

Oct 14, 2026

BW Energy has secured $208 million in long-term lease financing for the Akoum wellhead platform (WHP) planned for its Bourdon oil field development offshore Gabon, alongside an 18-month extension of its $250 million corporate revolving credit facility…

Argentina Takes Falklands Oil Dispute to International Tribunal

Oct 14, 2026

Argentina's government said on Tuesday it had filed a request for provisional measures with the International Tribunal for the Law of the Sea seeking to halt British-authorized hydrocarbon activity near the Falkland Islands.The request aims…

Iran Steps Up Gulf Shipping Strikes to Keep Oil Prices High Before US Vote

Oct 14, 2026

Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil prices high and influence the US midterm elections, two senior Iranian officials told Reuters.Tehran has tried to exert control over the…

Guyana Weighs LNG Project Cuts as ExxonMobil Prioritizes Oil Output

Oct 14, 2026

ExxonMobil has told Guyana it will need more offshore gas to maximize oil production than the government had expected, potentially leaving less for liquefied natural gas production and exports, two people close to the talks said.Guyanese officials…

Germany Puts Ukrainian Ex-Officer on Trial Over Nord Stream Attack

Oct 14, 2026

A Ukrainian ex-military officer goes on trial in Germany on Wednesday, accused of organising the secret operation that blew up the Nord Stream gas pipelines in September 2022, severing western Europe from the biggest source of Russian natural gas…

Equinor Plans Subsea Tieback for New North Sea Discovery

Oct 14, 2026

Equinor and its partners Petoro and TotalEnergies have made an oil and gas discovery near the Oseberg field in the Norwegian North Sea, with preliminary estimates indicating between 19 million and 50 million barrels of recoverable oil equivalent…

CIP Joins EDF-Led Five Estuaries Offshore Wind Development

Oct 13, 2026

Copenhagen Infrastructure Partners (CIP) has acquired a 25% stake in the 1.1 GW Five Estuaries offshore wind farm project in the UK from a Macquarie-led consortium, following RWE's exit from the development.The acquisition was made through CIP's fifth flagship fund…

IWS Fleet Hires Kongsberg Maritime to Equip Four CSOV Newbuilds

Oct 13, 2026

Kongsberg Maritime has secured a contract with IWS Fleet, a subsidiary of Integrated Wind Solutions (IWS), to provide vessel design and integrated technology systems for four new commissioning service operation vessels (CSOVs) intended for offshore wind operations…

Seadrill Secures Offshore Drilling Deals Across Four Countries

Oct 13, 2026

Offshore drilling contractor Seadrill has secured new drilling contracts and extensions covering four rigs offshore Indonesia, Malaysia, Angola and in the U.S. Gulf.In Indonesia, West Carina drillship has been awarded a contract with an undisclosed…

TotalEnergies Picks Vallourec’s Tubular Solutions for Caspian Gas Field

Oct 13, 2026

Vallourec has been awarded a contract by TotalEnergies to supply more than 16,000 tonnes of tubular products for the development of the Absheron gas field in Azerbaijan's sector of the Caspian Sea.The contract covers oil country tubular goods (OCTG) and line pipe solutions…

Hampidjan to Supply Heavy-Lifting Slings for Cadeler's Wind Ace

Oct 13, 2026

Hampidjan Advant has signed an agreement with Cadeler to manufacture and supply heavy-duty lifting slings for the East Anglia TWO offshore wind farm project in the North Sea off the east coast of England.The equipment will be used aboard Cadeler's new wind turbine installation vessel (WTIV)…

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Oct 13, 2026

Conrad Asia Energy has confirmed the arrival of the Valaris 104 jack-up rig at PaxOcean's shipyard in Batam in Indonesia, where it will be converted into a mobile offshore production unit (MOPU) for the Mako gas project in the West Natuna Sea…

TGS, SLB Launch Multi-Client Pelotas Basin Seismic Survey off Brazil

Oct 13, 2026

TGS and SLB have announced the second phase of their Pelotas Sul multi-client 3D seismic survey offshore southern Brazil, covering approximately 11,200 square kilometers in the Pelotas Basin.A Ramform Titan-class vessel is scheduled to begin data acquisition in October 2026…

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Oct 13, 2026

Murphy Oil Corporation has reported a successful appraisal well offshore Côte d'Ivoire and an oil discovery offshore Vietnam, alongside the start of production from two offshore developments in Vietnam and the Gulf of America.In Côte d'Ivoire…

EU Weighs New Tax on Oil and Gas Windfall Profits as Prices Surge

Oct 13, 2026

The European Union is examining a bloc-wide windfall profit tax on oil and gas companies, the EU's tax chief told Reuters on Monday, as governments scramble for funds to help citizens with soaring energy bills.Oil and gas companies have reaped bumper profits this year…

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