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Automatically composed with AI from the cited sources
New North Sea oil drilling faces delay after gear accidentally dropped in sea
A safety valve and a second piece of drilling equipment were dropped 1,100 metres to the seabed from the rig hired by Adura from Odfjell Drilling on 18 April, and Odfjell Drilling has documented internally that the rig could be out of action for up to four months. Production at Rosebank, located 80 miles north-west of Shetland and projected to yield 300m barrels over 25 years, had been expected before the end of 2026 but is now anticipated at some point in 2027.
Clients
ABS Joins Korea-U.S. Initiative to Build Next-Generation Shipbuilding Workforce
gCaptain
POSH lands long-term Gulf contract
Splash 247
US Strikes Iran From South to North After Trump Threats Over Red Sea Shipping
gCaptain
US attack threat raises stakes for Gulf and Red Sea shipping
Splash 247
Houthis Fire On Saudi Red Sea Oil Sites
gCaptain
Ukrainian Drones Spark Fires At Russian Oil Refinery And Platform
gCaptain
Oil Keeps Flowing From Red Sea As Hormuz Bypass Stays Open
gCaptain
EU Targets Russian Shadow Fleet, Banks and Crypto in Sweeping 21st Sanctions Package
gCaptain
European stocks rise as oil falls back below $100; UK could lose ‘advantage’ over EU due to Trump’s new tariffs, industry warns - as it happened
The Guardian
Trump’s latest tariffs put UK at disadvantage to EU, say experts
The Guardian
Tariff-Driven Frontloading Pays Off as Trump Reinstates Global Import Duties
gCaptain
Net zero committee launches energy cost inquiries
reNews
EU renewable consumption grew in 2025
reNews
Panama Canal Advances Energy Corridor Bid Process as Prequalification Phase Moves Forward
gCaptain
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