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Offshore Energy·May 7·1 min read

Seal of approval for North Sea oil & gas exploration with COSL rig on drilling duty

Equinor has received authorization to begin exploration drilling in the North Sea using a COSL Drilling Europe semi-submersible rig. This approval signals continued investment in North Sea exploration

US program selects 34 marine energy projects for technical support in record $4.8M round

The U.S. TEAMER program has allocated $4.8 million in technical support to 34 marine energy projects. This record investment aims to accelerate the development

Offshore Energy·May 7

Oil Crunch Prompts Plastics Crisis in Asia

Asia is experiencing plastics shortages due to oil and gas supply disruptions stemming from Middle East conflicts. This is impacting the production of essential

OilPrice·May 7

Eni Confirms Size of 'Giant' Gas Discovery offshore Indonesia

Eni has confirmed a significant gas and condensate discovery at the Geliga-1 well in the Kutei Basin offshore Indonesia. A drill stem test validated the initial

Rigzone·May 7·ENI S.p.A.

Physical Oil Market Does Not Run on Political Timelines

Rystad Energy's Chief Oil Analyst, Paola Rodriguez-Masiu, cautioned that the physical oil market operates independently of political schedules. This highlights

Rigzone·May 7
May 7

Murphy Oil edging closer to bringing online projects in US Gulf and Vietnam

May 7

Shell Beats Profit Estimates as War Brings Trading Windfall

May 7

Shell Profit Soars as Volatility Boosts Trading

May 7

Diversified, Carlyle strike $1.2bn deal for Anadarko Basin portfolio

May 7

Golden Pass LNG to ship second export cargo

May 7

Australian offshore production license paving the way for first gas in 2028

May 7

Substitute engine parts cause of fire on board UK survey vessel, report says

May 7

EU Suspends Methane Rules as Energy Crunch Intensifies

May 7

Solstad’s largest vessel set for two years around the world

May 7

Australia Orders LNG Exporters to Reserve 20% of Gas for Domestic Market