Once an American Foe, Now a Friend: OPEC Turns 60

OE Today. Your daily update from Offshore Engineer.

January 27, 2026

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Once an American Foe, Now a Friend: OPEC Turns 60

In 1973, Arab members of the Organization of Petroleum Exporting Countries brought the U.S. economy to its knees. Now, the cartel created 60 years ago is more likely to do Washington's bidding.Since Saudi Arabia and other Arab OPEC members imposed their famous oil embargo as retribution for U.S. support for Israel during the Yom Kippur War, shifts in global politics and a surge in America's oil production have tamed the

Solstad, Westcon Working to Decarbonize Offshore Vessels

Norwegian offshore vessel owner Solstad has signed a cooperation deal with Westcon Power & Automation, a provider of hybrid- and fully electric solutions

OHT Inks Deal for More Dogger Bank Offshore Wind Farm Work

Norwegian firm Offshore Heavy Transports has secured more work at Equinor's and SSE's giant Dogger Bank offshore wind development project in the UK.

Kazakhstan Launches Probe After Black Smoke Spotted Over Kashagan Field

Kazakhstan's environmental authorities will inspect an oil and gas processing plant at the country's biggest oilfield, Kashagan, after gas flaring at the plant caused plumes of black smoke on Monday

Shelf Drilling Terminates Charters for China Merchants' Jack-up Rig Duo

Jack-up drilling contractor Shelf Drilling has canceled a charter deal for two jack-up rigs signed back in February 2019 with China's China Merchants.

Hyundai Heavy's Floating LNG to Power Solution Gets BV Nod

South Korean shipbuilding giant Hyundai Heavy Industries' Floating LNG to Power solution - Hi-FL2P - has been granted an approval in principle certificate by the global classification society Bureau

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Offshore Wind: Vessel Owners Under Pressure to Cut Emissions

Fast-growing offshore windfarms expect low carbon service operations by support vessels, but supplying and handling biofuels is a challenge and the development of ammonia and hydrogen-powered

Sakhalin Energy Extends Charter for Polar Piltun Crew Boat

Russian energy company Sakhalin Energy has extended the charter for the Polar Piltun crew boat with a GC Rieber Shipping Russian affiliate.

Nord Stream 2 Should Not be Used to Punish Russia, Says German State Leader

The Nord Stream 2 pipeline from Russia to Germany should not be used to punish Moscow over the poisoning of Kremlin critic Alexei Navalny

BP: Fossil Fuel Demand to Take Historic Hit Amid COVID-19 Scars

Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand

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