TotalEnergies is expanding its Angola offshore strategy through deepwater developments, frontier exploration and brownfield optimization projects, including the Kaminho development and new exploration blocks in the Benguela and Namibe basins. SourceContinue Reading
ConocoPhillips CEO Ryan Lance said Venezuela’s revised oil framework still falls short of what international operators need to justify major upstream investment, citing high government take and unfavorable contract terms. SourceContinue Reading
ADNOC has deployed an autonomous heavy-duty inspection robot at its Taweelah Gas Compression Plant in the UAE as part of a broader effort to expand AI, robotics and automated safety systems across operations. SourceContinue Reading
bp has signed three production sharing contracts in Indonesia, expanding its upstream portfolio near the Tangguh LNG project in Papua Barat and adding participation in the Barong block offshore East Java. SourceContinue Reading
ADNOC and SNF are evaluating expanded enhanced oil recovery activity in the UAE, including potential polymer flooding projects and localized manufacturing of EOR chemicals. SourceContinue Reading
BW Energy has approved the Bourdon offshore development in Gabon and new Golfinho infill wells offshore Brazil, targeting production growth above 100,000 bopd by 2028. SourceContinue Reading
Freudenberg Flow Technologies has acquired Balmoral Comtec, expanding its offshore energy portfolio with subsea buoyancy, insulation and cable protection technologies. SourceContinue Reading
Iran warned it could retaliate beyond the Middle East if the U.S. or Israel launches new attacks, as President Donald Trump again threatened strikes amid ongoing Strait of Hormuz shipping disruptions and elevated oil prices. SourceContinue Reading
Aquaterra Energy has moved its Recoverable Abandonment Frame system into fabrication for the Northern Endurance Partnership CCS project, targeting safer management of legacy offshore wells at future CO2 storage sites. SourceContinue Reading
Chord Energy has invested in MaverickX to support deployment of PetroX Boost, a shale production enhancement technology aimed at improving hydrocarbon recovery from unconventional wells in the Bakken and other U.S. shale basins. SourceContinue Reading
