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Egypt Halts Fertilizer Production In Light of Israeli Gas Disruptions

Jun 13, 2025

Egyptian fertilizer producers were forced to halt operations on Friday due to a drop in natural gas imports from Israel, industry sources told Reuters.They said major Israeli gas fields had suspended operations following Israel's military strikes…

Poland to Open 4GW Offshore Wind Auction in December

Jun 11, 2025

Poland has unveiled plans to hold its first offshore wind auction in December 2025, targeting 4 GW in new projects, as Equinor and Polenergia move to submit the pre-qualification application for their Bałtyk 1 offshore wind farm.Poland’s Energy…

JERA Agrees New US LNG Supply Deals

Jun 12, 2025

JERA, Japan's biggest power generator, has agreed to new supply deals for U.S. liquefied natural gas from four projects to diversify its global portfolio away from its reliance on Australia, it said on Thursday.JERA plans to buy up to 5.5 million metric tons per annum (mtpa) of U…

Commodity Report: Meeting Oil Demand a Challenge if Israel Hits Iran Oil

Jun 13, 2025

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.After Israel attacked Iran and Tehran pledged to retaliate, oil prices jumped as much as 13% to their highest…

ScottishPower, Oasis Marine Study Proves Feasibility of Offshore Charging

Jun 10, 2025

Offshore charging for both battery-powered crew transfer and service operation vessels could be on the horizon for windfarms of the future, according to two studies commissioned by ScottishPower Renewables.The two reports, by MJR Power & Automation and Oasis Marine…

Petrobras Targets Africa as Its Main Exploration Area Outside Brazil

Jun 06, 2025

Petrobras aims to make Africa its main region of development outside Brazil, the state-run oil giant's CEO told Reuters on Thursday during a wide-ranging interview about the company's strategy.Ivory Coast has extended the 'red carpet' for Petrobras…

Have you heard the news? VideoRay Is Now Part of AV!

Jun 04, 2025

For more than two decades, VideoRay has been known for building compact, capable ROV systems trusted across industries. Now, with AV behind us, we’re expanding that legacy—bringing more innovation, investment, and support to customers around the world…

Shell Makes FID for Trinidad Offshore Gas Project

Jun 03, 2025

Energy producer Shell has made a positive final investment decision on its Aphrodite gas project offshore Trinidad and Tobago, the company said on Tuesday.The project is expected to produce first gas in 2027 and have a peak production of 18…

Shell Expects to Bank On LNG Exporters Turning Into Importers

May 23, 2025

Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects…

Valeura Concludes Eight-Well Drilling Campaign in Gulf of Thailand

May 29, 2025

Canada-based oil and gas company Valeura Energy has completed an eight-well drilling campaign in license B5/27 in Gulf of Thailand with Borr Drilling’s Mist jack-up drilling rig.At its 100%-operated B5/27 license, Valeura conducted drilling operations at Jasmine C…

EnQuest Grows South East Asia Operations

May 27, 2025

EnQuest provided an operations update ahead of its annual general meeting highlighting its growing footprint in South East Asia.The group announced several key growth initiatives across South East Asia in recent months, including the award of the DEWA PSC…

FPSO Alexandre de Gusmão Starts Production

May 27, 2025

SBM Offshore announces that FPSO Alexandre de Gusmão is formally on hire as of May 24, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to final acceptance.As part of the Mero-4 project, the FPSO will be connected to 12 wells…

Cadeler Buys Newly Built Jack-Up WTIV for O&M Services

May 22, 2025

Danish offshore wind installation firm Cadeler has agreed acquire the Boqiang 3060, a newly-constructed jack-up wind turbine installation vessel (WTIV), from Shanghai Boqiang Heavy Industry Group.The acquisition will enhance Cadeler’s capacity…

Equinor, Polenergia Agree on Polish Offshore Wind Project

May 19, 2025

Norway's Equinor and Poland's Polenergia made a final investment decision for the project to build two wind farms off the Polish coast of the Baltic Sea, the Warsaw-based company said on Monday.The two farms, each with a generation capacity of 720 megawatts are set to cost a total of about 6…

Delays in Store for Two Wells at Shell’s Perdido Development

May 12, 2025

Shell, the top U.S. offshore producer, said this week that two of its wells to boost production at the Perdido offshore development were delayed to the end of the year, while one was brought online in March.All three wells, part of Perdido's Great White unit…

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