Saipem Awarded USD 425 Million Offshore Contract for Sakarya Phase 3 Extension
Saipem has been awarded a new offshore contract by Turkish Petroleum OTC for additional activities related to the extension of...
SBM Offshore received contract extension for FPSO Mondo and FPSO Saxi Batuque
SBM Offshore has signed a contract extension with Esso Exploration Angola (Block 15) Limited, an affiliate of ExxonMobil and operator...
Aster Expands Bukom Refinery with Major Investments to Strengthen Singapore’s Energy Supply Resilience
Singapore, 9 December 2025 – Aster, a leading player in the petrochemical and energy sector, is investing significantly to enhance...
Alam Guyub FLNG Hull Launch Marks Major Milestone for Genting Project
Wison New Energies has successfully completed the hull launch of the Alam Guyub FLNG at its Nantong yard on the...
US Military Action in Venezuela, Maduro’s Capture, and the Fallout for Oil & Gas Markets
Reports of a dramatic escalation between the United States and Venezuela have sent shockwaves through political and energy circles, with...
Petrobras announced first oil from P-78 FPSO
On December 31, 2025, Petrobras marked a significant milestone with the start of oil production from the P-78 floating production...
CNOOC announced 760 MMBbl Oilfield Discovery in Shallow Neogene Play of Bohai Sea
CNOOC Limited has announced a major oilfield discovery at Qinhuangdao 29-6 within the shallow Neogene stratigraphic interval of the Bohai...
MOL Signed Landmark Financing Deal for Singapore LNG FSRU
Mitsui O.S.K. Lines, Ltd. (MOL) has announced the successful signing of a project finance agreement with a syndicate of major...
Seatrium delivers P-78 FPSO bound for Buzios field to Petrobras
Singapore, 16 July 2025 – Seatrium Limited (“Seatrium” or “the Group”) has announced last week the impending delivery of the...
OceanSTAR Elite Celebrates Groundbreaking Moment for Block B FSO
OceanSTAR Elite (OSE) has officially marked the start of construction for the Block B Floating Storage and Offloading vessel (FSO)...
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