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Rigzone·May 6·1 min read

Macquarie Strategists Expect Another USA Crude Inventory Draw

Macquarie strategists predict a further draw in U.S. crude oil inventories. This expectation is driven by high levels of crude oil exports from the United States, indicating strong international deman

Saudi Arabia Cuts June Oil Prices by Less Than Expected as Hormuz Risks Persist

Saudi Arabia has lowered its official selling price (OSP) for June crude oil exports to Asia, but the reduction was smaller than market expectations. This sugge

OilPrice·May 6

Turkish shipyard delivers 100-meter cable lay vessel to Norway

Norwegian company Agalas has received a new 100-meter cable laying support vessel (CLSV) from a Turkish shipyard. This delivery highlights the growing capabilit

Offshore Energy·May 6

New gas storage license on the horizon for UK’s integrated energy storage project

EnergyPathways is awaiting a gas storage license (GSL) from the NSTA for its energy storage project off the Cumbria coast in the East Irish Sea. This project ai

Offshore Energy·May 6

Equinor and ORLEN start Eirin gas production in North Sea

Equinor and ORLEN Upstream Norway have commenced gas production from the Eirin field in the Norwegian North Sea. This development adds to the overall gas supply

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