Kongsberg Maritime has launched its new Tunnel Thruster type TTH, setting new standards in performance and reliability with a compact, modular design that reduces downtime and eliminates the need for dry-docking. SourceContinue Reading

NesmaKent Energy Company, a joint venture between Nesma & Partners (N&P) and Kent, has signed a strategic contract with Aramco to lead the commencement of phase one of the National EPC Champion Initiative. SourceContinue Reading

Rig Count Tanks, Oil Slumps—OPEC+ Says ‘Full Speed Ahead’ | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – May 27, 2025, 1:30 PM CDT OPEC+ will press on with its plan to...Continue Reading

Key Stories to Watch in Central Asia | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – May 27, 2025, 1:00 PM CDT Russia’s Foreign Minister held talks with Armenia...Continue Reading

OEG has secured a three-year framework agreement with an international oil major. Under the terms of the agreement, which includes optional extensions for up to five years, OEG will supply logistics equipment for the organization’s operations in North America. SourceContinue Reading

Wildfires Return to Canada’s Oil Heartland | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – May 27, 2025, 12:40 PM CDT Alberta’s wildfire season is off to a fiery start, with a...Continue Reading

Aramco Announces Bond Sale Amid Sliding Profits | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently he works as Director of Energy Security and Supply Chains, at Strategy… More Info Premium Content By Cyril Widdershoven – May 27, 2025, 12:00 PM CDT Saudi Aramco has launched a...Continue Reading

EU Approves $170 Billion Defense Spending Plan | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – May 27, 2025, 11:00 AM CDT The European Union has formally...Continue Reading

Saudi Oil Giant Aramco Set to Issue at Least $500-Million Bond | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 27, 2025, 10:30 AM CDT Saudi Aramco, the world’s biggest oil firm, is expected to price later on Tuesday a three-part bond in U.S. dollars...Continue Reading

Eni has signed an agreement with Global Infrastructure Partners (GIP), a global infrastructure investor and a part of BlackRock, for exclusive talks to potentially sell 49.99% in its carbon capture, utilization and storage (CCUS) business. SourceContinue Reading