A U.S.-Iran ceasefire agreement is set to reopen the Strait of Hormuz, easing supply concerns and triggering sharp declines in oil and natural gas prices, though uncertainty remains over safe transit and the truce’s durability. SourceContinue Reading
SLB OneSubsea and Subsea7 have signed a collaboration agreement with PETRONAS Suriname to accelerate offshore subsea developments, enabling early engagement and integrated EPCIC delivery across multiple projects. SourceContinue Reading
Emerson is adding AI capabilities to its Guardian platform, helping oil and gas operators improve automation performance, speed up troubleshooting and maintain reliability across increasingly complex operations. SourceContinue Reading
Nigeria is highlighting renewed upstream investment and production growth ahead of the Invest in African Energy Forum in Paris, as reforms and new projects position the country to attract global oil and gas capital. SourceContinue Reading
Colombia’s Ecopetrol has avoided potential operational disruption after its main oil workers union dropped a strike threat following the CEO’s departure, easing near-term risks to production. SourceContinue Reading
Aker BP has started production from the Symra field offshore Norway nine months ahead of schedule, adding a subsea tieback to the Ivar Aasen platform and supporting continued North Sea production growth. SourceContinue Reading
Hunting has secured $63.5 million in subsea orders for a Guyana offshore development, supplying titanium stress joints for FPSO applications as activity continues to ramp up in one of the world’s fastest-growing deepwater regions. SourceContinue Reading
ABL has completed marine assurance and transport support for the Northern Endeavour FPSO, overseeing its multi-phase journey from Australia to a recycling facility in Denmark as offshore decommissioning activity continues to expand globally. SourceContinue Reading
Decom Engineering has secured a U.S. patent for its Chopsaw subsea cutting technology, designed to improve precision, safety and efficiency in offshore decommissioning and infrastructure removal operations. SourceContinue Reading
U.S. strikes near Iran’s Kharg Island, coupled with President Trump’s threat of wider attacks, are raising fresh concerns over global oil supply as tensions around the Strait of Hormuz persist. SourceContinue Reading
