Australia's Santos will prioritise LNG and oil growth in three core regions, including Alaska and Papua New Guinea, under a new strategy that also includes reducing net debt by $2.5 billion by 2030.'We are now laser-focused on investment in major oil and LNG production across three regions…
Brent crude futures rose more than 2% on Tuesday after the U.S. military carried out strikes in Iran, keeping markets on edge as a deal to end the war and open up the Strait of Hormuz remained elusive.Brent futures LCOc1 were up $2.36, or 2…
Vietnam's state energy firm Petrovietnam has invited investors to participate in an open tender for an offshore oil and gas block in the South China Sea, it said on Monday.The invitation is for the Block 17 in the Cuu Long basin, on the country's continental shelf…
Exxon Mobil has applied to Guyana's Environmental Protection Agency (EPA) for authorization to develop the Haimara gas-condensate discovery in the offshore Stabroek block, the agency said on Sunday. The project would be the consortium's ninth development in the block…
Bangladesh launched an international tender on Sunday for oil and gas exploration in 26 offshore blocks in the Bay of Bengal, offering more attractive terms to foreign companies as it seeks to tackle worsening domestic gas shortages and reduce reliance on costly LNG imports…
QatarEnergy has signed a memorandum of understanding (MoU) with the Egyptian government and ExxonMobil to study the potential development and commercialization of gas discoveries in Cyprus through Egypt’s existing gas and LNG export infrastructure…
Energy services firm EnerMech has signed a multi-year global collaboration agreement with Norway-based technology company Optilift to expand technology-enabled crane and lifting operations across the offshore energy sector.The agreement combines…
Oil prices edged higher on Thursday, as investors monitored peace talks between the United States and Iran, while supply tightness and U.S. inventory drawdowns provided some support.Brent crude futures LCOc1 rose 40 cents, or 0.4%, to $105.42 a barrel by 0809 GMT…
Equinor has exercised remaining options to extend the contract for the platform supply vessel (PSV) Viking Avant from Norwegian vessel owner Eidesvik Offshore.The extension runs in direct continuation of the current contract and extends the firm charter period through the end of 2026…
Bernhard Schulte has christened its first liquefied CO2 (LCO2) carrier, marking the company’s entry into the carbon capture and storage (CCS)-related shipping segment.The vessel, named Northern Purpose, was christened on May 19 at Dalian Shipbuilding…
PALFINGER has secured a contract to supply davit cranes for five offshore converter platforms in the North Sea, expanding its presence in the offshore wind market as Europe accelerates grid infrastructure development tied to renewable energy projects…
Cadeler has reported higher first-quarter revenue and earnings, supported by expanded offshore wind installation activity following growth in its operating fleet.The Danish offshore wind vessel operator posted revenue $145.2 million (€125 million) for the first quarter of 2026…
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…
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…
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…
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