TotalEnergies has appealed a French court ruling in a climate-related duty of vigilance case, arguing that climate change falls outside the scope of the country’s corporate vigilance law and that companies cannot be held responsible for how customers use their products. SourceContinue Reading
Macquarie analysts say the global oil market could return to oversupply before year-end if tensions between the U.S. and Iran ease, allowing Middle East crude exports to recover and putting renewed downward pressure on oil prices. SourceContinue Reading
Baker Hughes has secured a major LNG technology order for Venture Global’s CP2 expansion project in Louisiana, supplying liquefaction equipment that will support the next phase of U.S. LNG export capacity. SourceContinue Reading
Eden Tech has launched Genesis, a patented reverse osmosis centrifuge designed to improve produced water treatment by recovering more than 80% of clean water from high-salinity streams, targeting commercial deployment in the oil and gas industry. SourceContinue Reading
Oil prices fell sharply as the U.S. paused strikes against Iran and crude exports resumed through Kazakhstan’s CPC terminal, easing immediate supply concerns despite ongoing geopolitical risks in the Middle East. SourceContinue Reading
ABL has secured a contract to support installation of Papua New Guinea’s first offshore floating storage and offloading (FSO) facility, a key milestone for the country’s offshore oil infrastructure. SourceContinue Reading
DOF Group will sell four platform supply vessels and acquire two new construction support vessels as part of its fleet optimization strategy, while also declaring a constructive total loss on the Skandi Amazonas following its grounding off Brazil. SourceContinue Reading
Sir Ian Wood, the visionary entrepreneur who built Wood Group into a global engineering leader and helped shape the North Sea oil and gas industry, has died at the age of 84, leaving a legacy that continues to influence offshore energy and UK regulation. SourceContinue Reading
The U.S. Department of Energy has granted Argent LNG a 20-year authorization to export up to 25 MMtpa of liquefied natural gas from its proposed Port Fourchon, Louisiana, terminal to Free Trade Agreement nations, marking a major regulatory milestone for the project. SourceContinue Reading
Expro has completed its acquisition of Enhanced Drilling, adding managed pressure drilling (MPD) and riserless mud recovery (RMR) technologies to expand its offshore well construction capabilities and strengthen support for complex drilling projects worldwide. SourceContinue Reading
