Vertice Oil Tools has acquired Greenwell Engineering in a strategic move that expands Vertice’s completions portfolio, enhances its ability to support wireline service providers and E&P companies, and broadens its presence across unconventional oil and gas markets. SourceContinue Reading
Halliburton and Nabors Industries have achieved the first fully automated surface and subsurface execution of rotary and slide drilling operations in Oman. The closed-loop drilling execution earned both companies the 2025 Digital Enabler of the Year Award and represents a step forward in automation in the region. SourceContinue Reading
Halliburton and Nabors Industries have achieved the first fully automated surface and subsurface execution of rotary and slide drilling operations in Oman. The closed-loop drilling execution earned both companies the 2025 Digital Enabler of the Year Award and represents a step forward in automation in the region. SourceContinue Reading
Tullow Oil has reached an agreement to sell 100% of its working interests in Kenya to Gulf Energy Ltd. for a total consideration of at least $120 million. Interim CEO Richard Miller noted that the transaction helps position Tullow for a successful refinancing. SourceContinue Reading
EXPLORCO, the exploration division of the Ghana National Petroleum Corporation (GNPC), is set to spud its first exploration well in the Voltaian basin in Q1 2026, targeting new leads and play-opening discoveries. SourceContinue Reading
U.S. Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company, has acquired ~20,000 net acres in the Permian basin. The position includes a substantial proved producing component and multi-year drilling inventory. SourceContinue Reading
MODEC, a leading floating solutions provider in the global FPSO industry, has opened its new execution center in Kuala Lumpur, affirming its commitment to Malaysia as a strategic hub for regional business operations and innovation. SourceContinue Reading
TotalEnergies has signed a Sales and Purchase Agreement (SPA) with NextDecade to buy 1.5 million tons per annum (Mtpa) of liquefied natural gas (LNG) from the future Train 4 liquefaction unit at the Rio Grande LNG facility. SourceContinue Reading
Brazil’s oil regulator is set to grant exploration rights in a promising offshore region where state-controlled oil producer Petrobras has faced a years-long dispute with environmental authorities to start drilling. According to the ANP, 31 companies are registered and able to bid, including Petrobras, ExxonMobil, Shell, Chevron, Equinor and bp. SourceContinue Reading
ROGII, a global expert in advanced geosteering and subsurface analytics, has secured a partnership with Petrobras to apply real-time inversion technology to enhance operational efficiency and optimize reservoir performance. SourceContinue Reading
