trends

Brent crude oil futures remain capped below the $80/bbl mark, as the crisis enters its second week with no clear resolution in sight. The U.S. has signaled a potential two-week window for possible military action, […]

(Bloomberg) – Oil traders are preparing for an oil-price surge when trading reopens, with the focus on whether Tehran’s retaliation to U.S. airstrikes will lead to a disruption in crude flows that have been largely […]

SBM Offshore has signed an operations and maintenance contract with TotalEnergies for the FPSO GranMorgu, as part of the field development project located in Block 58 in Suriname. (stock image) The operations and […]

(Bloomberg) — Namibia will offer financial incentives to help kick-start the development of oil fields managed by a group led by TotalEnergies, according to a special adviser in the presidency. TotalEnergies and Shell Plc in […]

(Bloomberg) – A week since Israel and Iran started to exchange missile barrages, oil tanker transits through the critical Strait of Hormuz have remained largely steady. A seven-day rolling average for oil tankers […]

(Bloomberg) – Oil slumped after President Donald Trump signaled a decision on whether to strike Iran will be made within two weeks, easing fears about an imminent attack from the U.S. “Easing fears of U.S. […]

Expro has secured a key contract to deliver integrated well testing services for a high-profile carbon capture and storage (CCS) project offshore UK. This award follows soon after the industry’s much anticipated December […]

Halliburton has entered into a strategic collaboration with Petronas Carigali, a Petronas subsidiary, to advance subsurface modeling and reservoir management. As part of the collaboration, Petronas will deploy Halliburton Landmark’s DecisionSpace® 365 Geosciences Suite and Unified Ensemble Modeling solutions […]

(Bloomberg) – Oil swung in a turbulent session amid speculation the U.S. may join the Middle East conflict, with traders focused on flows through the region’s vital shipping chokepoint.  West Texas Intermediate was more […]

Subsea7 has secured a substantial contract offshore Norway. Subsea7’s scope includes engineering, procurement, construction and installation (EPCI) of pipeline bundles, spools, protection covers and tie-ins using key vessels from Subsea7’s fleet.  Project management and […]