Offshore: Hormuz Disruption Shifts LNG Bargaining Power to Buyers - Asian and European buyers of liquefied natural gas (LNG) plan to ask for lower prices and additional supply guarantees from…
Offshore: Chinese Supertankers Exiting Red Sea Amid Houthi Threats - Two Chinese supertankers carrying a combined 4 million barrels of Saudi Arabian oil are exiting the Red Sea via the Bab el-Mandeb strait on Thursday…
Offshore: Houthis Claim Attack on Saudi Tankers in Red Sea - The Iranian-aligned Houthis said on Thursday they struck two Saudi oil tankers as part of a naval blockade on Saudi Arabia…
People: Saipem, Subsea 7 Merger Could Rise Prices, Lower Market Competition - Italian energy contractor Saipem's merger with Norwegian peer Subsea 7 may lead to price hikes and less innovation, EU antitrust…
Industry News: Egypt Approves Oil, Gas Exploration - Egypt's parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai…
Maritime Safety: Offshore Safety: Improving Injury Rates May Be Masking Continued Fatalities - Improving injury rates are masking the continued threat of fatal accidents across the offshore marine contracting industry…
Offshore Energy: TGS Advances Seismic Imaging Across Three Offshore Basins - TGS has launched three seismic data projects offshore Ghana, Norway and Canada, expanding its multi-client data portfolio…
Drilling: Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia - Velesto Energy has secured a contract worth approximately $51 million from Hess Exploration and Production Malaysia, a wholly…
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