L&T Energy Hydrocarbon Offshore has secured major EPCIC contracts from ONGC for offshore pipeline replacement and wellhead platform projects supporting oil and gas developments off India’s west coast. SourceContinue Reading
ADNOC Logistics & Services has acquired 11 crude oil and gas carriers in a $1.3 billion investment, expanding its VLCC and VLGC fleet to support ADNOC’s growing production, trading and export operations. SourceContinue Reading
Venezuela and the African Energy Chamber reaffirmed efforts to attract upstream oil and gas investment following recent energy reforms aimed at rebuilding production and expanding international partnerships. SourceContinue Reading
Iran has ruled out direct negotiations with the United States for now, delaying prospects for a Strait of Hormuz shipping agreement as oil markets continue to monitor disruptions to global energy supplies and regional security. SourceContinue Reading
ExxonMobil has awarded McDermott a letter of intent for engineering and procurement services on Mozambique’s Rovuma LNG Phase 1 project as Area 4 partners advance toward a final investment decision expected in 2026. SourceContinue Reading
BOURBON has placed its new Evolution 810 IMR vessel into service under a long-term offshore India contract, expanding its deepwater subsea fleet with advanced inspection, maintenance and repair capabilities. SourceContinue Reading
Petrobras posted record oil and pre-salt production in the second quarter as offshore growth in Brazil’s Búzios field and continued E&P investment helped drive one of the company’s strongest quarterly results. SourceContinue Reading
ADNOC says it remains focused on meeting customer demand despite continued attacks on its vessels and assets, detailing the operational impacts of ongoing security disruptions affecting shipping through the Strait of Hormuz. SourceContinue Reading
Guess & Co. has completed a $3 billion acquisition of oil, gas, coal and mineral assets in West Virginia, establishing a long-term resource position to support future energy and industrial development in Appalachia. SourceContinue Reading
The American Petroleum Institute says decades of investment in U.S. oil and gas production, infrastructure and refining have strengthened America’s role in global energy markets and improved energy security during recent supply disruptions. SourceContinue Reading
