Despite the ongoing stalemate in the U.S.-Iran talks and persistent risks to shipping in the Middle East, oil prices fell in Asian trading on Thursday, weighed down by cuts to 2026 oil demand forecasts from both OPEC and the International Energy Agency.
A drone has struck a power station at the Zawiya oil export terminal in Libya, suggesting continued attacks on one of the country’s main oil hubs.
TechnipFMC has secured a “significant” contract from Azule Energy to supply flexible flowlines and risers for the West Hub Tails project offshore Angola, the company announced on Tuesday.
José Carlos Figueiredo, managing partner of Kianda Naval, talks to The Energy Year about building up Angola’s shipbuilding capabilities and the cost advantages enabled by local manufacturing and maintenance.
The government has identified reversing Ghana’s declining oil production and increasing gas supply for domestic consumption as key priorities for the upstream petroleum sector, Energy and Green Transition Minister Dr John Abdulai Jinapor has said.
Santos Ltd said Tuesday it had loaded the first crude oil cargo from the Pikka development on Alaska’s North Slope, headed to the West Coast for refining.
SAR Gruppen and TWMA have entered into an agreement to expand drilling waste treatment capacity for operators on the Norwegian Continental Shelf (NCS), including the installation of TWMA’s RotoMill technology at SAR Gruppen’s Risavika facility in Tananger.
Petroseismic has begun a large-scale, high-density land seismic survey for Chilean national energy company ENAP, deploying a suite of Sercel seismic acquisition technologies to support subsurface imaging in complex geological environments.
Baker Hughes has secured a multi-year contract with Kuwait Oil Company (KOC) to develop and deploy technologies aimed at improving upstream production performance and efficiency in Kuwait.
Techouse has completed testing of a new compact once-through steam generator (COTSG) designed to enable combined-cycle power systems on offshore oil and gas installations, with the potential to reduce fuel consumption and CO₂ emissions by up to 25%.