Trendsetter Vulcan Offshore has deployed a tethered BOP system in the U.S. Gulf to reduce wellhead fatigue in soft seabed conditions, supporting safe deepwater operations and improving stability during critical completion activities. SourceContinue Reading
Vietnam has approved the field development plan for Jadestone Energy’s Nam Du–U Minh offshore gas project, enabling reserve booking and advancing plans for a new gas production hub to support domestic energy supply and future development. SourceContinue Reading
Oil and gas prices surged after strikes hit key Gulf energy infrastructure, including Qatar’s Ras Laffan LNG complex and refineries in Saudi Arabia, Kuwait and the UAE, raising concerns over prolonged supply disruptions and tighter global markets. SourceContinue Reading
Iran and Israel have exchanged strikes on major energy infrastructure, including Qatar’s Ras Laffan LNG hub and Iran’s South Pars field, raising global oil and gas supply risks as Brent crude approaches $110 and Hormuz disruptions persist. SourceContinue Reading
Petrodec has completed a major decommissioning project in the UK Southern North Sea using its OBANA heavy-lift jack-up vessel, removing multiple platform jackets and topsides from the Amethyst and Galahad gas fields. SourceContinue Reading
Petrobras has confirmed a new deepwater gas discovery at the Copoazu-1 well in Colombia’s offshore GUA-OFF-0 Block, expanding the region’s gas potential and supporting long-term energy supply through continued exploration activity. SourceContinue Reading
UK industry group Offshore Energies UK is urging reform of the North Sea windfall tax, saying changes could unlock £50 billion in investment, boost domestic gas production and significantly reduce the country’s reliance on LNG imports. SourceContinue Reading
U.S. Vice President JD Vance will meet with oil industry executives at the American Petroleum Institute as fuel prices surge following the Iran conflict, with discussions expected to focus on supply, production and market stabilization efforts. SourceContinue Reading
Saudi Aramco has restarted operations at its 550,000-bpd Ras Tanura refinery after a drone-related shutdown, restoring a key supply hub as Gulf energy infrastructure remains under pressure from ongoing regional conflict and shipping disruptions. SourceContinue Reading
IMI will supply ultra-high-pressure control valves for a North Sea offshore project, supporting chemical injection systems operating above 600 bar and enabling precise pressure control and flow assurance in severe service conditions. SourceContinue Reading
