ABL Group and PetroSafe have signed an MoU to enhance offshore and onshore asset integrity, safety and marine assurance services across Egypt’s growing energy sector. SourceContinue Reading
Petrobras shareholders vote on a new board this week as surging oil prices intensify pressure on Brazil’s fuel pricing policy. The outcome could shape how the state-controlled company balances political priorities with market realities. SourceContinue Reading
AMEXHI has backed Mexico’s energy strategy while urging improved competitiveness, regulatory certainty and security to attract oil and gas investment and strengthen energy security. SourceContinue Reading
The U.S. has expanded sanctions targeting an Iranian oil shipping network tied to Hossein Shamkhani, aiming to curb crude exports as tensions in the Strait of Hormuz disrupt global supply. SourceContinue Reading
GoSubsea and Envirent have formed a strategic alliance to combine subsea equipment and ROV tooling rental capabilities, streamlining offshore project execution and improving operational efficiency. SourceContinue Reading
Stena Drilling has secured a contract from Energean to drill the first deepwater exploration well offshore Greece, targeting Block 2 in the Ionian Sea with the Stena DrillMAX rig. SourceContinue Reading
Saipem has secured $400 million in offshore EPCI contracts from Aramco for water injection platforms, pipelines and subsea infrastructure at the Safaniya oil field in Saudi Arabia. SourceContinue Reading
BGN has partnered with CCEC in a joint venture to charter its first LNG carrier, Amore Mio I, under a long-term agreement of up to 16 years, expanding its global LNG shipping capacity. SourceContinue Reading
Vår Energi has submitted a PDO for the Goliat gas export project in the Barents Sea, aiming to boost oil recovery, export gas to Hammerfest LNG and extend field life to 2050. SourceContinue Reading
The Permian basin holds an estimated 55,000 sub-$50/bbl drilling locations, according to Enverus, highlighting expanding low-cost inventory alongside emerging development sequencing risks. SourceContinue Reading
