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TotalEnergies Output Down 15% Due to Iran War

Mar 12, 2026

TotalEnergies has lost 15% of its oil and gas output as the U.S.-Israeli war with Iran shuts fields across the Middle East, including in the UAE, Qatar and Iraq, the French oil major said on its investor website.That output accounts for about 10% of Total's upstream cash flow…

Valeura Lifts Output with Three Producing Wells at Thailand’s Manora Field

Mar 09, 2026

Valeura Energy has completed an infill drilling campaign at the Manora field in the Gulf of Thailand, bringing three new wells online and increasing oil production from the asset.The campaign was carried out from the Manora A platform on Block G1/48…

Iranian Oil Exports Continue Through Hormuz Strait as Gulf Flows Stall

Mar 13, 2026

Iranian crude oil has continued to flow through the Strait of Hormuz at a near-normal pace even as Tehran-linked attacks on ships in the narrow waterway have decimated exports from other Gulf countries, a Reuters review of tanker tracking data showed…

Governments Move to Shield Economies as Oil Jumps 25%

Mar 09, 2026

Governments scrambled to limit the impact on economies and consumers from the widening Iran war, which fuelled a record surge in oil prices on Monday after key producers cut output and Tehran signalled that hardliners would remain in charge…

Qatar LNG Halt Forces Asia to Seek Alternative Supplies

Mar 03, 2026

India began rationing natural gas on Tuesday while countries around Asia looked to the spot market to replace supplies, activated emergency plans and prepared to step up production, as the conflict in the Middle East curtailed shipping and halted Qatari output…

Chevron Hires Hanwha Ocean for Leviathan Expansion Module Fabrication

Mar 05, 2026

Hanwha Ocean has been awarded a module fabrication contract for the Leviathan Expansion Project by Chevron Mediterranean, supporting plans to increase production from the offshore gas field in Israel.The project involves fabrication of additional…

German Shipowner Buys Two Multi-Purpose Vessels

Feb 26, 2026

Germany’s Ernst Russ has acquired two multi-purpose vessels, MV Ronnie and MV Charlie, as part of its long-term fleet strategy to expand exposure to the project cargo segment and strengthen predictable earnings.The Hamburg-based shipowner said…

IMCA Enhances Digital Learning Hub

Feb 26, 2026

The International Marine Contractors Association (IMCA) has announced it has launched IMCA Skills, their leading, digital, learning hub, which will now be the go-to place for the marine industry’s competence and development needs.The first product…

Eni Can Take Venezuelan Oil to Settle Gas Debts, CEO Says

Feb 27, 2026

Venezuela can now pay for gas received from Eni with oil thanks to a recent easing of U.S. sanctions, unlocking a situation that had left the Latin American country with a large debt to the Italian firm, Eni's CEO said on Thursday.'That's really a big upside…

Odfjell Technology to Buy Majority Stake in Well Intervention Firms

Feb 26, 2026

Odfjell Technology has agreed to acquire a 70% ownership stake in Kaseum Holdings and Razor Oiltools, two companies focused on lightweight intervention and plug and abandonment (P&A) services.The acquisition is aimed at strengthening Odfjell Technology’s position in technology-led…

Meet VideoRay’s new Mission Specialist Wraith

Feb 22, 2026

The new Mission Specialist Wraith from VideoRay is a next-generation compact ROV that sets a new standard in subsea agility, power, and operational versatility. Featuring a ten-thruster design with true six-degrees-of-freedom control, Wraith…

Exxon’s Uaru, Whiptail Projects Advance Ahead of Schedule in Guyana

Feb 19, 2026

Exxon Mobil's fifth and sixth projects in Guyana - Uaru and Whiptail - are progressing ahead of schedule and under budget, the oil major's president of Guyana operations said on Wednesday during an energy conference.Alistair Routledge, Exxon Guyana President…

Akita Offshore Wind Build Progresses as JERA Defies Cost Pressures

Feb 19, 2026

Japan's top power generator JERA has begun construction of its offshore wind project in Akita, northern Japan, and is on schedule for a 2028 start-up, President Hisahide Okuda said on Wednesday.The move comes despite soaring material and construction costs…

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Feb 06, 2026

Japan's Mitsui & Co is close to buying a stake in the second phase of QatarEnergy's massive North Field project as it seeks to secure stable liquefied natural gas (LNG) supply, five sources close to the matter told Reuters.If reached, the deal…

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

Feb 09, 2026

Abu Dhabi National Oil Company (ADNOC) and RWE Supply & Trading have agreed to explore potential liquefied natural gas (LNG) supplies of up to 1 million tonnes per annum to Germany and other European markets under a new strategic collaboration framework…

Current News

China Plans to Increase Wind, Solar Generation by 50% in Five Years

China Plans to Increase Wind,

Saipem Marks Neptun Deep Offshore Installation Milestone in Black Sea

Saipem Marks Neptun Deep Offsh

Petrogas Picks Worley for Abeona CCS Project in Dutch North Sea

Petrogas Picks Worley for Abeo

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

QatarEnergy Prolongs LNG Force

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