Ovintiv has agreed to sell its Anadarko basin assets in Oklahoma for $3 billion, marking a major portfolio shift as the company focuses on core Permian and Montney positions. SourceContinue Reading
Saipem has reached an agreement to acquire the Deep Value Driller drillship for $272.5 million, expanding its offshore drilling fleet and strengthening deepwater capabilities. SourceContinue Reading
The offshore industry is marking the anniversary of the Ocean Ranger disaster, remembering the 84 crew members lost in 1982 and the lasting impact on offshore safety standards worldwide. SourceContinue Reading
Eni has discovered significant gas and condensate volumes offshore Côte d’Ivoire at the Murene South-1X well in Block CI-501, confirming the potential of the Calao channel complex. SourceContinue Reading
Guyana is moving forward with a second gas-to-shore project to transport natural gas from offshore fields for power generation and industrial development, supporting efforts to diversify its energy economy beyond oil. SourceContinue Reading
Condor Energies has reported a 5.3-MMscf/d test from a new well at the Kumli field in Uzbekistan, supporting field extension and ongoing gas development across its Central Asia operations. SourceContinue Reading
Fulkrum has opened a Bogotá office to support upstream oil and gas and new energy projects across Colombia and South America, providing inspection, technical staffing and asset integrity services. SourceContinue Reading
Oil States, THREE60 Energy and Innovair have formed a strategic alliance to deliver integrated inspection, engineering and repair solutions for offshore caisson integrity across global oil and gas assets. SourceContinue Reading
DUG and Searcher Seismic have signed a multi-client agreement to reprocess legacy 3D seismic data offshore East Sarawak, Malaysia, creating a new dataset to support exploration and development across the region. SourceContinue Reading
An Australian court has dismissed a greenwashing lawsuit against Santos that alleged the company misled investors over its climate strategy and net-zero plans, marking a key ruling in energy-related ESG litigation. SourceContinue Reading
