Saudi Arabia’s drilling contractor Arabian Drilling has informed that some of its offshore rigs in the Persian Gulf have been temporarily suspended as a precautionary measure amid ongoing regional tensions, while its land operations remain unaffected.The company said it received notifications for the suspension of certain offshore rigs in coordination with clients and
War in the Middle East has triggered severe global supply disruptions in oil and gas, with reported damage and shutdowns affecting liquefied natural gas (LNG) trains, refineries
Saudi Arabian oil and gas drilling contractor ADES International Holding has reported it expects 44% rise in its core earnings in 2026
The Iran war is upending the global LNG outlook as soaring prices, damage to major supplier Qatar's export infrastructure and potential delays to new supply raise doubts about previously expected
A Thai oil tanker has safely passed through the Strait of Hormuz following diplomatic coordination between Thailand and Iran, and was not required to pay to escape the blockade
Iran has told the United Nations Security Council and the International Maritime Organization that "non-hostile vessels" may transit the Strait of Hormuz if they coordinate with Iranian authorities
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