Oil and Petrochemicals
DOF Company Receives Preliminary Contract for 2028 Project
DOF Company has secured a preliminary contract by sending a letter of intent to hire an I-class vessel in 2028. The fina...
Oil and Petrochemicals
Oil and Petrochemicals
EnerMech Extends Contract with Chevron Australia for Five Years
EnerMech has extended its contract with Chevron Australia for asset integrity inspection and maintenance for five years....
Oil and Petrochemicals
DOF Group Receives Multi-Million Dollar Contract for Its Submersible Vessels
DOF Group has received a large contract valued between 50 to 100 million dollars, which will keep one of its Class I ves...
Oil and Petrochemicals
Oil Tanker Shipment on New Route to China Dated 2023
Iranian tankers are increasingly choosing new routes to China. This change in route is due to international sanctions an...
Oil and Petrochemicals
The Start of Oil Exports from Iran to Tajikistan; U.S. Secondary Sanctions on the Horizon
Tajikistan has begun exporting oil and petroleum products from Iran. This move may expose Tajikistan to U.S. secondary s...
Oil and Petrochemicals
China Purchases Two Offshore Drilling Rigs Worth $250 Million
China National Petroleum Engineering Company (CNPC) has purchased two 400-foot drilling rigs from Dalian Shipbuilding Of...
Oil and Petrochemicals
Kotug Makes Major Investment in Vortex Offshore
Kotug International has acquired a significant share of Vortex Offshore based in Dubai. This deal will help expand the c...
Oil and Petrochemicals
TGS has new advancements in oil exploration projects in Malaysia and Gabon
The energy data group TGS is advancing oil exploration projects in Malaysia and Gabon. These projects include reprocessi...
Oil and Petrochemicals
Changes in the Tanker Fleet Due to Sanctions and Increased Demand
The increase in tanker traffic in the Strait of Hormuz indicates strategic changes in the oil market and the impact of s...
Oil and Petrochemicals
Yangzijiang Maritime Registers Order for 6 LR2 Tankers in China
Yangzijiang Maritime continues to expand its fleet program by registering an order for six 114,000-ton LR2 tankers in Ch...
Oil and Petrochemicals
U.S. Propane Exports Reach 2 Million Barrels Per Day
U.S. propane exports reached a record 2 million barrels per day in the first half of 2026. This increase is due to high...
Oil and Petrochemicals
Inpex Becomes Owner of 50 Percent of Two Exploration Blocks off the Coast of Indonesia
Inpex has expanded its exploration activities by acquiring 50 percent of the two exploration blocks Agung I and Agung II...