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World Oil News
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. Source
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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. Source
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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. Source
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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. Source
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Eni has discovered an estimated 2 Tcf of gas offshore Egypt, with the Denise W-1 well located near existing infrastructure—positioning the project for fast-track development and reinforcing Eastern Mediterranean supply potential. Source
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U.S. shale producers are expected to increase output as oil prices surge above $100 following disruption in the Strait of Hormuz, with operators turning to DUC wells first. Source
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The Texas Railroad Commission marks 135 years overseeing oil and gas activity, highlighting its role in regulating drilling, pipelines and energy development across the state. Source
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Nikkiso will supply pumps for Germany’s largest land-based LNG import terminal, supporting expanded gas import capacity as Europe strengthens energy supply infrastructure. Source
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bp and ADNOC-backed Arcius Energy has sanctioned a $500 million offshore gas development in Egypt, advancing plans to boost supply from the Eastern Mediterranean. Source
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Halliburton partners with PETRONAS and Valaris to support offshore development in Suriname, aligning drilling and subsurface planning early in the project lifecycle. Source
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