Commodities

McDermott wins $500–750 million subsea contract for Eni’s Cronos gasoline subject

(WO) — McDermott has secured a subsea contract from Eni Cyprus Restricted for the event of the Cronos gasoline subject offshore Cyprus, marking the corporate’s first subsea venture award with Eni. Below the contract,...

Decom Engineering secures 9 offshore mooring chain tasks in 2026

(WO) — Decom Engineering has secured 9 mooring chain reducing tasks to date in 2026, with two-thirds supporting offshore set up campaigns as the corporate expands its know-how past conventional decommissioning work.  ...

OPEC+ retains October oil manufacturing quotas unchanged amid Iran warfare

(Bloomberg) – Main OPEC+ nations caught with their plan to maintain oil manufacturing quotas unchanged, whereas the Iran warfare continues to shutter huge swathes of output within the Center East. A sub-group of seven...

UK poised to approve Jackdaw as business requires North Sea coverage reset

(WO) — The UK authorities is reportedly poised to approve the Jackdaw growth within the North Sea, a transfer welcomed by Aberdeen vitality leaders who're urging officers to comply with with approval of...

Baker Hughes wins bp effectively stimulation contract for UK North Sea

(WO) — Baker Hughes has secured a contract from bp to offer offshore effectively stimulation providers throughout the operator’s UK North Sea portfolio, supporting new effectively growth and enhanced restoration from mature fields.  ...

TotalEnergies completes entry into big Mopane discovery offshore Namibia

WO) — TotalEnergies has accomplished its acquisition of a 40% operated curiosity in Namibia’s PEL83 license from Galp, taking operatorship of the large Mopane oil discovery within the Orange basin forward of a...

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