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Oil and Gas

Energy markets drive global trading business

Antonio Zavarce · July 7, 2026

Energy markets are undergoing a period of high volatility that strengthens the trading operations of oil majors. Shell anticipates better second-quarter results thanks to…

Oil and Gas

DOF secures APAC submarine contract for the Skandi Inventor

Marcos Medina · July 7, 2026

DOF will deploy the Skandi Inventor in Australia for an underwater campaign of up to 250 days.

Oil and Gas

ADNOC signs LNG agreement with INPEX for the Ruwais LNG project

Ruth Arteaga · July 7, 2026

ADNOC will supply 1 mtpa of LNG to INPEX from Ruwais LNG for 15 years.

Oil and Gas

Equinor Awards Subsea Contracts Worth NOK 6 Billion

Ruth Arteaga · July 7, 2026

Equinor awarded subsea contracts to accelerate four developments on the Norwegian continental shelf.

Oil and Gas

Oil rises after attacks on ships near the Strait of Hormuz

Ruth Arteaga · July 7, 2026

Brent and WTI advance after damage to ships near a key route for oil and LNG.

Oil and Gas

UAE crude oil production nears record after leaving OPEC

Marcos Medina · July 7, 2026

The UAE increased its oil production after leaving OPEC and is putting pressure on the global supply balance.

Oil and Gas

BluEnergies and TotalEnergies Strengthen Offshore Exploration in Liberia

José López · July 7, 2026

The exploratory program in the Harper Basin integrates 3D seismic, seafloor mapping, and geochemical studies to optimize the selection of future wells in Liberia's…

Oil and Gas

Saipem wins FPSO Kutei contract in Indonesia for US$2 billion

Marcos Medina · July 7, 2026

Saipem will operate an FPSO for the Kutei North Hub project, crucial for offshore gas in Indonesia.

Oil and Gas

The ACCC launches an in-depth investigation into the Saipem and Subsea7 merger

Joshua Falcón · July 6, 2026

The Australian competition authority subjects the operation to Phase 2 due to potential monopoly risks in subsea oil infrastructure.

Oil and Gas

Hugin B Sets Sail Toward Yggdrasil and Closes an Intensive Industrial Phase in Verdal

Ruth Arteaga · July 6, 2026

Hugin B departed from Verdal bound for Yggdrasil following an extensive offshore portfolio for Aker BP.

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