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A service for energy industry professionals · Monday, August 10, 2026 · 932,992,312 Articles · 3+ Million Readers
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  • Published on Aug 6, 2026

    Technip Energies lines up China pair for US LNG modules

    French engineering giant Technip Energies has entered into preliminary agreements with two Chinese offshore contractors to provide engineering, procurement and construction (EPC) services for key modules destined for the Commonwealth LNG project in the US …

    Source: Upstream - Neutral
  • Published on Aug 7, 2026

    'Stability, predictability and a long-term view': Aasland's vision for Norway's oil and gas

    Norway’s crucial importance to Europe as an energy supplier is part of the reason that Minister of Energy, Terje Aasland, insists the country’s petroleum industry must not slow down. For Aasland, the recent and rare political sparring over a key energy …

    Source: Upstream - Neutral
  • Published on Aug 6, 2026

    Westwood Insight – Offshore Field Development Capex to Reach US$137bn in 2026

    Global offshore field development capex is forecast to reach US$137 billion in 2026 as operators double down on long-cycle projects. Despite geopolitical disruption and oil price volatility, operators have remained committed to long-cycle offshore …

    Source: Hellenic Shipping News - Neutral
  • Published on Aug 3, 2026

    Eni and Petronas JV advancing $11.9 billion gas project

    Searah, the Eni-Petronas 50:50 joint venture, has cut first steel at Saipem’s Karimun Island yard in Indonesia on the topsides for the $2.9 billion floating production, storage and offloading vessel destined for the country's $11.8 billion Kutei North …

    Source: Upstream - Neutral
  • Published on Aug 7, 2026

    Mitsui O.S.K. Lines Expects Strong Capesize Dry Bulk Demand

    Financial Highlights: The First Quarter Ended June 30, 2026 In the crude oil tanker market, the vessel supply-demand balance tightened due to an increase in ton-miles resulting from alternative procurement of Middle Eastern cargoes and a decrease in …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 31, 2026

    FPSO construction starts in China for Angola’s ultra-deepwater development

    Construction has started in China on the floating production, storage and offloading (FPSO) topside destined for an ultra-deepwater development in Angola being developed by Azule Energy, a joint venture between Italy’s Eni and the UK’s BP. Source: Azule …

    Source: Offshore Energy - Neutral
  • Published on Jul 31, 2026

    Seatrium more than doubles H1 net profit, sees Iran war driving demand for floating LNG solutions

    The company is looking at tenders for floating storage regasification units as energy security needs grow [SINGAPORE] Offshore and marine player Seatrium’s net profit surged 158.3 per cent to S$372.9 million for the first half ended Jun 30, boosted by a S$ …

    Source: The Business Times Singapore - Neutral
  • Published on Aug 4, 2026

    “K” Line: Financial Highlights for 1st Quarter FY2026

    Dry Bulk Business In the Cape-size sector, market rates stayed firm, thanks to the active cargo movement of iron ore, bauxite, and others. In the medium-small vessel sector, market rates were on an upward trend due to the growth in demand for coal …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 24, 2026

    Searah begins work on Indonesia floating gas plant for North Hub

    Searah, a joint venture between Eni and Petronas, has commenced development of a floating gas processing facility as part of its $11.8bn (£8.85bn) North Hub project in Indonesia. A ceremony marking the first steel cutting for the floating production, …

    Source: Offshore Technology - Neutral
  • Published on Jul 27, 2026

    SK Innovation E&S to import condensate from Australian gas field

    SEOUL, July 27 (Yonhap) -- SK Innovation E&S, the energy arm of South Korea's SK Group, said Monday it will import condensate from an Australian offshore gas field that it invested in 14 years ago, marking the first such shipment to South Korea …

    Source: Yonhap News Agency - Center-right
  • Published on Jul 29, 2026

    Woodside evaluating second-phase Sangomar oil expansion offshore Senegal

    Production performance from the deepwater Sangomar oil field offshore Senegal remains strong, notably in the lower S500 reservoirs, supporting operator Woodside Energy's evaluation of a potential Phase 2 development. The company is now in talks with …

    Source: Offshore - Neutral
  • Published on Jul 19, 2026

    Masela LNG project finally takes off after decades of delays

    ..the government believes the Abadi Masela LNG Project will serve as a catalyst for new economic growth in eastern Indonesia.Tanimbar Islands, Maluku (ANTARA) - It has been nearly three decades since the Masela Block cooperation contract was signed on …

    Source: Antara - Pro-Government
  • Published on Jul 29, 2026

    Saipem Bags Over $3B Worth of Eni Deals in July

    Saipem has announced, in statements posted on its website, more than $3 billion worth of contract awards by Eni this month alone. In a statement posted on its website on Monday, Saipem said it had been awarded two new contracts, one offshore in Ivory Coast …

    Source: Rigzone - Neutral
  • Published on Jul 18, 2026

    Indonesia to Prioritize Domestic Market for Masela Block Gas Supply

    TEMPO.CO, Jakarta - Indonesian Ministry of Energy and Mineral Resources said 60 percent of the gas produced from the Abadi LNG Project in the Masela Block will be allocated to meet domestic needs. The gas will be prioritized to support the fertilizer …

    Source: Tempo.co - Neutral
  • Published on Jul 30, 2026

    Woodside’s Q2 2026 operating revenue jumps 28% to $4.2bn

    Woodside Energy has reported operating revenue of $4.18bn (A$6.01bn) in the second quarter of 2026 (Q2 2026), a 28% increase from $3.27bn in Q2 2025. The Australian oil and gas company, which is listed on both the Australia Securities Exchange and the New …

    Source: Offshore Technology - Neutral
  • Published on Jul 16, 2026

    Could Somalia See The World's Next Major Oil Discovery?

    As the Gulf (the world’s traditional energy centre) becomes riskier, the oil industry is searching for new hydrocarbon provinces. Much high-impact exploration is concentrated in Latin America and West Africa, far from Asia-Pacific, the main oil-demand …

    Source: Oil Price - Neutral
  • Published on Jul 28, 2026

    Barossa Ships First Condensate Cargo to South Korea

    Santos Ltd said Monday it had dispatched the first sales cargo of condensate produced from the Barossa gas project in Australia's Northern Territory to a South Korean refinery. The shipment of about 300,000 barrels was loaded from Barossa's …

    Source: Rigzone - Neutral
  • Published on Jul 28, 2026

    First condensate cargo from Australian project en route to South Korea

    Australian energy player Santos has marketed, sold and loaded the first condensate cargo from the Barossa gas project for delivery to SK Innovation E&S in South Korea. Source: SK Innovation E&S Approximately 300,000 barrels of condensate were …

    Source: Offshore Energy - Neutral
  • Published on Jul 27, 2026

    Santos completes first Barossa condensate cargo sale and loading

    Australian energy company Santos has confirmed the sale and export of the first condensate cargo from the Barossa gas project in the Timor Sea. The maiden shipment was jointly marketed and loaded by Santos and PRISM Energy International Australia. Discover …

    Source: Hydrocarbons Technology - Neutral
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  • Published on August 6, 2026 - 05:01 GMT

    SBM Offshore Half Year 2026 Earnings

    Amsterdam, August 6, 2026 Highlights 112% increase in year-to-date Directional1 revenue of US$4.9 billion 92% increase in year-to-date Directional EBITDA of US$1.3 billion Record US$35.6 billion pro-forma Directional backlog; US$8.0 billion Directional net …

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  • Published on August 6, 2026 - 20:30 GMT

    VAALCO Energy, Inc. Announces Second Quarter 2026 Results

    HOUSTON, Aug. 06, 2026 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) (“Vaalco” or the “Company”) today reported operational and financial results for the second quarter 2026. Additionally, the Company provided operational and financial …

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