As Big Oil executives gathered this week and discussed the biggest-ever disruption to global energy supplies due to the war in Iran, there was one impact they did not address publicly: the multibillion-dollar windfall they will make because of soaring prices for the energy they sell.
Mubadala Energy has been awarded the Southwest Andaman exploration Production Sharing Contract in Indonesia, expanding its position in the Andaman Sea.
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
The United Arab Emirates has told the U.S. and other Western allies it would participate in a multinational maritime taskforce to reopen the Strait of Hormuz, the Financial Times reported on Friday
Asian countries including Vietnam, Thailand, the Philippines, Indonesia and Sri Lanka are lining up to buy Russian oil as the Iran war blocks supplies
Thermoplastic composite pipe (TCP) manufacturer Strohm has secured a contract to supply insulated production jumpers for an offshore field extension project in Malaysia.
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