Ovintiv has entered more than 60 transactions totaling about $460 million this year to add 41,000 net acres and 240 drilling locations across its Permian and Montney positions. SourceContinue Reading
TDI-Brooks has completed a geophysical and geotechnical survey for a marine cable route in Alaska’s Valdez Arm, using its Gravity CPT Stinger system to assess seabed conditions and potential installation challenges. SourceContinue Reading
Petrobras’ P-80 and P-82 FPSOs are preparing to sail for the Búzios field, where the two high-capacity units will add a combined 450,000 bpd and increase the field’s installed production capacity by about 34%. SourceContinue Reading
The opening session at ONS covered plenty of ground, as industry leaders weighed in on war, energy supplies, climate, AI and the market volatility increasingly shaping the global energy sector. SourceContinue Reading
The Energy Workforce & Technology Council has appointed Bob McGowan, Kirk Ginn and Ryan Tull to three-year terms on its Advisory Board, adding expertise across energy services, workforce, equipment and capital markets. SourceContinue Reading
Technip Energies has secured a detailed engineering contract from L&T for a major ADNOC Offshore project in the UAE covering new offshore facilities and modifications to existing infrastructure. SourceContinue Reading
CNOOC produced a record 398.7 MMboe in first-half 2026, up 3.7% year over year, while making four discoveries and advancing new offshore projects as it targets 780–800 MMboe of full-year production. SourceContinue Reading
Eni and partners bp and EGPC are targeting an FID within months for the 2-Tcf Denise West gas discovery offshore Egypt, with first gas planned in less than two years as Eni expands drilling across the country. SourceContinue Reading
Eco Atlantic and Navitas Petroleum estimate Block 1 CBK offshore South Africa contains more than 3.6 Bbbl of unrisked prospective oil resources and approximately 4.5 Tcf of prospective gas. SourceContinue Reading
SLB has launched two artificial lift technologies for U.S. land operations, targeting rod-pump wear and gas-lift optimization, with field deployments of its Synthetix system showing production efficiency improvements of 10%–20%. SourceContinue Reading
