Hanwha Ocean has secured a fabrication contract from Chevron Mediterranean for expansion modules at the Leviathan offshore gas field in Israel, supporting increased production capacity. SourceContinue Reading

Fuel shortages and price spikes are spreading across Asia as disruptions in the Strait of Hormuz halt Middle East oil shipments, forcing refiners and governments to restrict fuel exports and consider strategic stockpile releases. SourceContinue Reading

Acteon has delivered the first MHU4400S hydraulic hammer system to Heerema Marine Contractors, supporting offshore foundation installation and pile-driving operations under a multi-million-pound supply agreement. SourceContinue Reading

Worley has been awarded a services framework agreement by Tengizchevroil to provide engineering, project and construction support services across the company’s oil and gas operations in Kazakhstan. SourceContinue Reading

Monumental Energy reported initial oil production from the Ngaere-1 workover well in New Zealand’s Taranaki basin after perforating a previously bypassed pay zone, with the well stabilizing near 120 bopd. SourceContinue Reading

ADNOC CEO Sultan Al Jaber met with Japan Prime Minister Sanae Takaichi to discuss energy security as tensions in the Strait of Hormuz threaten oil and LNG flows to Asian markets. SourceContinue Reading

Newfoundland and Labrador has signed a benefits agreement with Equinor and bp for the Bay du Nord offshore oil project, outlining local supply chain participation and advancing the development toward future investment decisions. SourceContinue Reading

Oceaneering has introduced the Momentum electric propulsion work-class ROV, designed for extended subsea operations and reduced maintenance while supporting drilling, inspection, maintenance and repair (IMR), and construction activities. SourceContinue Reading

Oil prices continued rising as the escalating Iran conflict threatens tanker traffic in the Strait of Hormuz. Analysts warn shipping disruptions, refinery damage and tighter diesel supplies could intensify volatility across global oil and gas markets. SourceContinue Reading

The UK government has postponed plans to scrap the North Sea Energy Profits Levy after oil prices surged amid the Iran conflict, leaving producers facing the 78% tax regime for longer than expected. SourceContinue Reading