Oil and Gas
Çağrı Bey Vessel Begins Deep-Water Drilling in Somalia
The Çağrı Bey vessel marks the beginning of Turkey's first international offshore exploration in ultra-deepwater
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Oil and Gas
NSTA issues a historic fine for inaction to EnQuest Heather in the North Sea
Investment stability in the North Sea depends on clear rules and, above all, on those rules being enforced without exceptions or cost-avoidance strategies.
Oil and Gas
HyOrc Accelerates Its Green Methanol Deployment Through Strategic Partnerships in Portugal
The partnership with MO.RE.DA. Oils ensures an operational plant with valid industrial permits for municipal waste gasification.
Oil and Gas
Perenco acquires Saturn Banks assets and optimizes infrastructure in the SNS
Perenco focuses on existing infrastructure in the SNS to reduce costs, optimize production, and maximize the value of mature fields in the North Sea.
Oil and Gas
ExxonMobil Fosters Strategic Partnerships at LNG2026 with QatarEnergy
At LNG2026, the company highlighted its role in the development of liquefied natural gas and the strengthening of global alliances in the energy sector.
Oil and Gas
Japan Evaluates Releasing Oil Due to Hormuz Crisis
Japan exhibits high energy vulnerability due to its limited availability of domestic fossil resources
Oil and Gas
EXIM approves financing to send US LNG to Egypt
USA will finance LNG exports to Egypt with over $2 billion, reinforcing its global energy leadership.
Oil and Gas
China considers bailout for airlines amid fuel crisis
China considers financial aid for airlines hit by rising fuel prices and the global energy crisis.
Oil and Gas
DeepOcean reinforces its fleet with Boskalis’s Sea1 Spearfish subsea vessel
DeepOcean integrates a Boskalis subsea vessel to strengthen its offshore operations for 2026.
Oil and Gas
BP boosts its presence in Egypt after new gas discovery
The new field shares characteristics with the nearby Temsah and Akhen fields.
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