Latest Headlines

  1. TWMA Secures Major Contract With BP In The UK North Sea 5/12/2025

    Drilling waste management specialist, TWMA, has been awarded a contract with bp to provide drilling waste management services in the UK North Sea.

  2. Höegh Evi Signs FSRU Charter With EGAS, Supporting Egypt's Role As Energy Hub In The Middle East 5/12/2025

    Höegh Evi, a global leader in marine energy infrastructure, has signed a 10-year time charter agreement with Egyptian Natural Gas Holding Company (EGAS) for the deployment of Hoegh Gandria as a floating storage and regasification unit (FSRU) in Egypt.

  3. API Statement On House Energy & Commerce Reconciliation Proposal 5/12/2025

    American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement after the House Energy and Commerce Committee released its proposed markup of the 2025 tax reconciliation bill, which includes a 10-year pause of the EPA’s Waste Emissions Charge (WEC) established under the Inflation Reduction Act as well as innovative permitting solutions.

  4. Energy Department Slashes 47 Burdensome And Costly Regulations, Delivering First Milestone In America's Biggest Deregulatory Effort 5/12/2025

    The U.S. Department of Energy (DOE) today announced the first step in the Energy Department’s largest deregulatory effort in history, proposing the elimination or reduction of 47 regulations that are driving up costs and lowering quality of life for the American people.

  5. Prosafe SE: Safe Notos Declared Winner In Petrobras Tender 5/12/2025

    Prosafe has been declared the winner of a bidding process for a four-year contract by Petróleo Brasileiro SA (‘Petrobras’) for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil.

  6. KROHNE Showcases Safety Innovations In Variable Area Flowmeter Technology For Critical Industrial Applications 5/9/2025

    KROHNE, a global leader in measurement solutions for the process industries, is proud to highlight advancements in its Variable Area (VA) Flowmeter technology. With over a century of expertise, KROHNE continues to drive innovation by incorporating cutting-edge features that enhance functional safety, application diagnostics, and operational efficiency across industries.

  7. BKV And Copenhagen Infrastructure Partners Announce Strategic Carbon Capture Joint Venture With Up To $500M Investment 5/8/2025

    BKV Corporation (“BKV” or the “Company”) today announced the formation of a strategic joint venture (the “JV”) between BKV dCarbon Ventures, LLC (“dCarbon Ventures”), BKV’s wholly-owned subsidiary, and Copenhagen Infrastructure Partners (“CIP”), on behalf of its Energy Transition Fund I, to expand BKV’s portfolio of carbon capture, utilization and sequestration (“CCUS”) projects.

  8. NearZero FPSO Design From SBM Offshore Gets Approval From ABS 5/7/2025

    ABS issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit.

  9. Permian Resources Announces Strong First Quarter 2025 Results, Revised 2025 Guidance And Strategic Bolt-On Acquisition Of Core Northern Delaware Basin Assets 5/7/2025

    Permian Resources Corporation (“Permian Resources” or the “Company”) today announced its first quarter 2025 financial and operational results, revised full year 2025 guidance and a strategic Northern Delaware Basin bolt-on acquisition.

  10. Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, And Oman Reaffirm Commitment To Market Stability On Current Healthy Oil Market Fundamentals And Adjust Production Upward 5/6/2025

    The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 3 May 2025, to review global market conditions and outlook.