Italian energy services firm Saipem has secured a contract from GOE Petrol Sanayi for commissioning services on the Osman Gazi floating production unit (FPU), destined for the Sakarya gas field development in the Turkish Black Sea.The contract is expected to run for approximately eight months and follows an Operation Readiness & Assurance support services contract awarded to Saipem in April 2026.
Thailand’s state-backed energy firm PTT Exploration and Production (PTTEP) subsidiaries and Petronas Carigali's PC JDA have signed a 35-year production sharing contract for Block A-18-01 in the
Technip Energies has been awarded a significant contract by Larsen & Toubro Energy Hydrocarbon (LTEH) to provide detailed engineering services for an ADNOC Offshore project in the United Arab
Oil prices hit multi-week highs on Tuesday after Iran-backed Houthis attacked Saudi energy facilities and Tehran threatened the United States with "economic warfare".
Malaysia's state energy firm Petronas has signed an agreement with Iraya Energies to integrate agentic artificial intelligence capabilities into its myPROdata upstream data platform
Iran is preparing a list of conditions for reopening the Strait of Hormuz after mediators asked Tehran to set them out, said Mohsen Rezaei, secretary of Iran's Supreme National Security Council
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