Projected oil surplus of nearly 4 million bpd in 2026 and slowing demand
Markets brace for shifting dynamics amid the IEA's warnings of supply surpluses, moderating demand growth, and ongoing geopolitical uncertainty.
Markets brace for shifting dynamics amid the IEA's warnings of supply surpluses, moderating demand growth, and ongoing geopolitical uncertainty.
TAQA UK’s Eider Alpha topside has been successfully removed, marking the first of its Northern North Sea platforms to be lifted and dismantled.
The insights generated will provide explorers with a competitive advantage by better informing their licensing and investment decisions.
The contract win marks the first sale of FET’s XLX EVO III which, when operational, will demonstrate the most cutting-edge Ultra-Heavy-Duty subsea vehicle technology available on the market.
McDermott announces the safe and successful completion of engineering, procurement, construction, installation, pre-commissioning and commissioning activities for TotalEnergies' Begonia field development.
The Shah Deniz consortium is pleased to announce the award of three major offshore contracts to advance the Shah Deniz Compression (SDC) project. The contracts, with a combined value of approximately US$700 million, have been awarded to the Saipem/BOS Shelf joint venture.
C-Innovation signs contract with Shell for ROV services.
Shell Nigeria Exploration and Production Co. Ltd (SNEPCo), a subsidiary of Shell plc, together with Sunlink Energies and Resources Ltd, have taken a final investment decision (FID) on the HI gas project offshore Nigeria.
A summer of extensive activity within the Norwegian Continental Shelf (NCS) has resulted in Denholm Pipetech, the flow remediation solution specialist, experiencing its best quarter for over a decade.
Equinor and partners in Åsgard and Mikkel licences have started phase 2 of Åsgard subsea compression in the Norwegian Sea.
The order marks a significant milestone in building the company’s international OCTG business and reinforces its presence in this strategically important energy region.
The decommissioning contracts from Allseas are for two of TAQA UK’s flagship platforms.
The order is scheduled for delivery in late 2025. The equipment will support DOF’s extensive subsea operations in Brazil.
A new report from Net Zero Australia confirms natural gas and carbon capture, utilisation and storage (CCUS) are essential to Australia’s net zero ambitions.
FourPhase is the very first solids management specialist to perform remote operations offshore.