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World Oil News
TMC Compressors will supply marine compressed air systems for two new Van Oord subsea rock installation vessels, supporting offshore infrastructure projects with advanced DP-2 capabilities, multi-fuel engines and reduced-emissions designs. Source
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SLB OneSubsea has secured a subsea boosting contract for bp’s Thunder Horse development, expanding the operator’s use of standardized subsea processing technology across its deepwater Gulf of America portfolio, including Kaskida and Tiber. Source
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Peace talks between the U.S. and Iran remain deadlocked 100 days into the conflict, while renewed military exchanges and continued disruptions in the Strait of Hormuz keep pressure on global oil markets and regional energy infrastructure. Source
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Global Energy Show Canada has expanded its 2026 speaker lineup with senior energy executives, regulators and government officials from Canada, the United States, Nigeria and Ukraine, highlighting growing discussions around energy security, investment and future energy development. Source
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Global Energy Show Canada has expanded its 2026 speaker lineup with senior energy executives, regulators and government officials from Canada, the United States, Nigeria and Ukraine, highlighting growing discussions around energy security, investment and future energy development. Source
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Eni has signed a petroleum exploration, development and production agreement with The Gambia for offshore Block A1, adding 1,300 sq km of deepwater acreage in a hydrocarbon-proven region of the Atlantic margin to its exploration portfolio. Source
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The Railroad Commission of Texas assessed more than $1.1 million in enforcement penalties against operators and businesses during its latest open meeting, including fines issued through both default and agreed orders related to oil and gas and pipeline safety compliance. Source
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Sonardyne and AMOG have signed an agreement to develop an integrated subsea asset monitoring service combining underwater monitoring technology and engineering analysis to support offshore moorings, pipelines, risers and asset integrity programs. Source
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The Trump administration’s first Arctic National Wildlife Refuge lease sale drew bids from only two participants—Alaska’s state development authority and independent operator Hex Energy—while major oil companies stayed on the sidelines. Source
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At ARPEL 2026, industry leaders said Latin America’s biggest challenge is no longer resource availability, but building the infrastructure and regulatory certainty needed to turn that potential into reliable energy supply. Executives pointed to Vaca Muerta as a model for future regional growth. Source
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