Aging infrastructure triggers surge in non-destructive testing
The non-destructive testing market will grow due to regulatory pressure and the aging of industrial infrastructure.
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Fenris platform moves toward the North Sea and reinforces the Valhall project
The Fenris platform continues to approach its scheduled startup in 2027, strengthening gas production in the North Sea.
STATS Group Acquires P2D to Strengthen Its Global Service Offering
The integration of intelligent inspection and maintenance technologies will enable STATS to offer a unique comprehensive service.
Vår Energi extends the service life of the Goliat field through 2050
The Goliat Gas Export project will increase oil production and enable gas exports from the Barents Sea.
Petrobras to implement the world’s largest seismic monitoring system
The seismic monitoring system in the Mero field will optimize production and improve deepwater reservoir management.
U.S. crude oil inventories surprise the market and put pressure on prices
The unexpected increase in U.S. crude oil inventories defies market forecasts and reshapes global expectations.
Shell allows vote on climate resolution despite BP’s block
Shell opens the climate debate by allowing its shareholders to vote on a proposal that BP has decided to exclude from its meeting.
Transocean expands its backlog with Petrobras until 2030
The extension will secure $445 million in revenue and guarantees the operation of the Deepwater Corcovado vessel until 2030.
Oil price surpasses $102 after U.S. blockade of Iran
Oil price exceeds $102 after the U.S. naval blockade of Iran in the Strait of Hormuz.
TotalEnergies announces hydrocarbon discovery in Congo
Nearly 100 million recoverable barrels in the Moho license, with development supported by existing infrastructure.
Saudi Arabia cuts oil exports to China amid the Middle East crisis
The reduction in Saudi oil shipments to China reflects the direct impact of the war on global supply.
Cadeler Deploys Wind Mover Vessel on Its First Offshore Wind Project
The Wind Mover vessel begins operations installing 15 MW turbines at the Baltic Power park in Poland.