Equinor has awarded long-term framework agreements worth about NOK 100 billion ($9+ billion) to Norwegian suppliers, underpinning maintenance, modification and recovery activity across the Norwegian Continental Shelf. SourceContinue Reading
Vickery Energy has closed the acquisition of Tribune Resources’ Appalachian Basin natural gas assets, adding 38,000 net acres and more than 200 MMcfe/d of production across West Virginia. SourceContinue Reading
Canadian heavy crude prices weakened after the Trump administration said it would market Venezuelan oil globally, raising concerns about renewed competition for US Gulf Coast refiners and wider heavy crude price discounts. SourceContinue Reading
Lower oil prices reduced Exxon’s fourth-quarter results by up to $1.2 billion, partially offset by stronger refining margins, as the supermajor becomes the first to flag earnings pressure ahead of reporting season. SourceContinue Reading
Equinor has awarded ABL a marine warranty survey contract for Phase 2 of Norway’s Northern Lights CCS project, supporting the expansion of CO₂ transport and storage capacity to meet rising European demand. SourceContinue Reading
Siemens and NVIDIA expanded their industrial AI partnership at CES 2026, unveiling new digital twin and AI tools aimed at improving lifecycle efficiency across energy and infrastructure assets. SourceContinue Reading
Keely Pearce’s appointment as Vice President, Operations adds a veteran offshore voice to Eco Atlantic, drawing on her previous experience at Shell plc and Impact Oil & Gas to guide appraisal-well planning across Guyana, Namibia and South Africa. SourceContinue Reading
Murphy Oil’s HSV-2X appraisal in Block 15-2/17 offshore Vietnam encountered 429 ft of net oil pay and deepened the hydrocarbon column without water, strengthening the field’s high-case resource outlook as further appraisal continues. SourceContinue Reading
U.S. Energy Secretary Chris Wright says the United States will control Venezuelan oil exports indefinitely, using sales revenue to support economic rebuilding and leverage reforms. SourceContinue Reading
Energy NL has announced the passing of Bob Cadigan, its CEO from 2008 to 2017, remembering his advocacy for offshore Newfoundland and Labrador suppliers and his drive to expand local expertise into global markets. SourceContinue Reading
