SLB and Ormat Technologies have signed a strategic agreement to accelerate integrated geothermal asset development and deploy enhanced geothermal systems (EGS) at scale. The partnership includes an EGS pilot project and plans for global commercialization. SourceContinue Reading
UK-based energy services provider Petrofac has applied to enter administration after a failed restructuring deal and the cancellation of a major North Sea contract, placing more than 7,000 jobs worldwide at risk. SourceContinue Reading
WellSense has completed a successful U.S. field trial of its jet-propelled FiberLine Intervention Conveyance System (FliCS) in the Permian basin. The breakthrough fiber optic technology enables rapid, low-risk well diagnostics in horizontal wells. SourceContinue Reading
Halliburton signed a framework agreement with Shell to deploy its ROCS umbilical-less tubing hanger system, following successful Gulf of America trials that set a new deepwater record and reduced deck operations by 75%. SourceContinue Reading
WellSense has completed a successful U.S. field trial of its jet-propelled FiberLine Intervention Conveyance System (FliCS) in the Permian basin. The breakthrough fiber optic technology enables rapid, low-risk well diagnostics in horizontal wells. SourceContinue Reading
TotalEnergies and its partners will restart the $20 billion Mozambique LNG project after lifting force majeure imposed in 2021 following militant attacks. The move marks a major step toward reviving one of Africa’s largest LNG developments. SourceContinue Reading
Tenaris has been awarded contracts to supply casing, tubing, line pipe, and coatings for Woodside’s Trion development—the first ultra-deepwater oil project in Mexico. The Trion field, developed with Pemex, targets first oil in 2028. SourceContinue Reading
Op-Ed: As Namibia’s Orange basin edges toward a 2026 final investment decision, Tom Alweendo outlines critical priorities in ports, local content, and permitting that will determine whether the country converts discovery momentum into credible investment. SourceContinue Reading
The National Ocean Industries Association (NOIA) has released Gulf of America Forward, a new report and website showcasing the Gulf as a leading global offshore energy hub driving U.S. jobs, innovation, and low-carbon production. SourceContinue Reading
Glenfarne Alaska LNG has signed a one MMtpa offtake agreement with Tokyo Gas, marking the fifth commercial deal in seven months and securing more than half of Alaska LNG’s planned export capacity. SourceContinue Reading
