Europe and Asia's response to 60% Middle East crude export collapse reshapes global energy trade
North American crude replaces Middle East flows as Europe faces structural diesel deficit while exporting gasoline surplus eastward.
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North American crude replaces Middle East flows as Europe faces structural diesel deficit while exporting gasoline surplus eastward.
Two of Norway’s fastest-growing offshore companies, GoSubsea and Envirent, have announced a strategic partnership that combines technical expertise with expanded service offerings.
NSTA urges UK operators to plug and abandon redundant wells to protect the environment and the public purse.
Wood Mackenzie report that prolonged disruption to Middle East energy supplies could accelerate a structural shift in global energy systems, halving oil and gas import dependence by 2050 and reducing oil demand by 20% and gas demand by 10% relative to the base case.
The European bellwether front-month gas contract on the Dutch TTF hub initially dropped to EUR 42.50/MWh on Ice Endex this morning, its lowest since 2 March, before recovering slightly to EUR 43.46/MWh, at the time of writing.
Mark Offshore manages and operates the DP1 ROV Support and Survey vessel. DroneQ Robotics now has the exclusive rights to deploy the vessel for its own projects, Intertek projects, and third-party projects.
The UK government faces renewed pressure to change its policy on the North Sea, amid the crisis in the Middle East, says Wood Mackenzie.
TotalEnergies announces the completion of the merger between NEO NEXT and TotalEnergies’ UK upstream oil and gas business.
The Bureau of Ocean Energy Management has issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which includes the use of hydraulic fracturing on 16 existing wells at Platform Gilda, located 8.8 miles offshore Ventura County, California.
Thermoplastic composite pipe (TCP) manufacturer Strohm has been awarded a contract to supply two insulated carbon fibre PA12 (CF/PA12) TCP production jumpers for a Southeast Asian operator.
War in the Middle East has triggered severe global supply disruptions in oil and gas, with reported damage and shutdowns affecting liquefied natural gas (LNG) trains, refineries, fuel terminals and critical gas-to-liquids facilities across the region.
EnerMech has secured a five-year contract to provide Bumi Armada with crane management and lifting services on the Armada Kraken Floating Production Storage and Offloading (FPSO) vessel in the UK North Sea East of Shetland.