Petroliam Nasional Bhd (Petronas) and MISC Bhd signed a 20-year time charter agreement for five liquefied natural gas (LNG) tankers.
The U.S. Energy Information Administration will begin publishing new quarterly energy security datasets on May 13 covering global strategic petroleum reserves and shipping flows through key oil and LNG chokepoints, as ongoing disruption in the Strait of Hormuz continues to reshape global energy markets.
MODS has renewed its digital project delivery agreement with CB&I Asset Solutions, extending a partnership that has supported offshore project execution across UK Continental Shelf (UKCS) assets for more than six years.
Commercial shipping traffic through the Strait of Hormuz remained severely restricted Tuesday as an Iraqi crude supertanker reversed course near the U.S. naval blockade line, underscoring mounting risks for oil and LNG flows through one of the world’s most critical energy chokepoints.
Ned Marine has expanded its non-destructive testing (NDT) capabilities with the launch of drone and subsea remotely operated vehicle (ROV) inspection services aimed at offshore, marine and industrial assets.
OEG has secured a multi-million-dollar contract extension to continue supporting offshore drilling operations in Australia’s Bass Strait through the expected end of field life in 2036.
TotalEnergies, QatarEnergy and ConocoPhillips have signed an MoU with the Syrian Petroleum Company to assess exploration opportunities in Block 3 offshore Syria, the companies announced on Tuesday.
Petralon Energy has increased production at Nigeria’s Dawes Island field to approximately 4,800 bopd following startup of the DI-3 well, marking the company’s second consecutive producing well since achieving first oil at the asset in late 2025.
Block Energy plc is expanding into offshore Gabon through a conditional agreement with Pilgrim Exploration Limited tied to the Ndjila and Mpari production sharing contracts (PSCs), marking the company’s entry into a new West African upstream region alongside a proposed $6.3 million equity fundraise.
Etu Energias and its partners in Angola’s Block 2/05 have successfully completed drilling, completion and testing operations at the Espadarte 7ST2 appraisal well in the Lower Congo basin offshore Angola.