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Fatal Fire Engulfs Pemex Offshore Platform in Gulf of Mexico

• The incident resulted in casualties, evacuation of workers, and significant implications for oil production.
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TotalEnergies and SOCAR Commence Production in Absheron Gas Field, Azerbaijan

• Located approximately 100 km southeast of Baku, this milestone marks the connection of a subsea production well to a new gas processing platform, which is linked to SOCAR's existing facilities in Oil Rocks.
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France Commits €65 Million to FloWatt Tidal Energy Project, Boosting the Sector's Commercialization Efforts

• The announcement not only marks a major milestone for the country's tidal energy industry but also sets an example for other European Union member states to follow suit.
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Copenhagen Infrastructure Partners Raises €12 Billion for Renewable Energy Fund, Becoming Largest in Its Kind

• This substantial funding boost comes at a crucial time for the renewable power sector, which requires significant capital to meet climate goals while grappling with rising interest rates.
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Expro Secures Contract for First Deployment of Single-Valve Subsea Solution

• The solution, featuring a multi-functional single shear and seal mechanism, will be incorporated into a full subsea deepwater completion/intervention system for a long-standing customer in the Gulf of Mexico.
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Ofgem Seeks Input on Proposed UK-Norway Interconnector Project

• The UK's energy regulator is actively seeking feedback from stakeholders and the public regarding the proposed UK-Norway interconnector project.
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USA Opens Bidding for 6MM Barrels SPR Purchase

• The USA Department of Energy has initiated the bidding process for the supply of six million barrels of domestically produced oil to be deposited into the Strategic Petroleum Reserve.
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Oil Field Off Thailand Temporarily Suspended Following Offshore Incident

• The decision comes after an incident involving the floating storage and offloading vessel stationed at the field, which deviated from its intended position and made contact with the field's catenary anchor leg mooring buoy.
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