Tamboran Resources has completed the largest hydraulic fracturing campaign in Beetaloo basin history, setting new operational records while keeping its first gas project in Australia’s Northern Territory on track for third-quarter 2026. SourceContinue Reading
Oceaneering has secured a five-year asset integrity services contract with a Qatar-based oil company, providing inspection, non-destructive testing and digital integrity management solutions to support production reliability and regulatory compliance. SourceContinue Reading
Following Andy Burnham’s appointment as UK prime minister, the Aberdeen & Grampian Chamber of Commerce urged the new government to approve key North Sea projects, reform oil and gas taxation and accelerate energy investment while supporting the UK’s energy transition. SourceContinue Reading
Magnolia Oil & Gas will acquire WildFire Energy for approximately $4.06 billion, adding 810,000 net acres and 53,000 boed while creating a larger Eagle Ford and Austin Chalk position in South Texas. SourceContinue Reading
Texas added 400 upstream oil and gas jobs in June, according to TIPRO, as gains in the oilfield services sector offset declines in extraction employment. The association also reported nearly 11,000 industry job postings statewide and record Texas oil production tax collections. SourceContinue Reading
A London industry showcase scheduled for July 30 will highlight investment opportunities across Venezuela’s oil and gas sector ahead of Venezuela Energy Week 2026, bringing together investors, operators and energy executives to discuss upstream development and commercial opportunities. SourceContinue Reading
Fluor has agreed to sell its equity stake in the ICA-Fluor Daniel joint venture to partner ICA for $175 million, ending a more than 30-year partnership that supported oil and gas, power, mining and industrial projects across Mexico. SourceContinue Reading
PETRONAS Carigali has signed a third joint development agreement with Tridiagonal.ai and IBM Malaysia to expand its TriCipta AI initiative, advancing AI-driven production optimization, maintenance reliability and asset integrity across upstream operations. SourceContinue Reading
ConocoPhillips has agreed to acquire a 42% interest in bp’s Kirkuk joint venture, supporting the redevelopment of four producing oil fields in northern Iraq. The project includes more than 3 Bboe of recoverable resources and additional exploration potential. SourceContinue Reading
