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World Oil News
Beacon Offshore Energy has partnered with Tampnet to deploy advanced subsea fiber and 5G digital infrastructure at the Shenandoah deepwater development in the U.S. Gulf of Mexico. The system enables real-time monitoring, remote operations, and improved offshore safety. Source
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Hit your most critical business outcomes and metrics using advanced edge computing Source
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ExxonMobil CEO Darren Woods said Abu Dhabi’s Upper Zakum offshore field may reach its 1.5 MMbpd expansion target ahead of 2030, boosting UAE output. Source
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Shell will invest about $1 billion on new oil blocks in Angola as the southern African nation seeks to boost production that’s dwindled over the years, the chairman of the oil regulator said.  Source
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ABL has been awarded a contract by Chevron to provide marine warranty survey and third-party support for platform installations and rig moves in the Gulf of Thailand. Source
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SM Energy and Civitas Resources have agreed to merge in an all-stock transaction valued at $12.8 billion, forming one of the largest independent oil-focused producers in the U.S. The combination delivers 526 Mboe/d of output, $1.4 billion in free cash flow, and $200 million in annual synergies. Source
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Flotek Industries’ XSPCT™ spectrometer has become the first optical system to meet GPA 2172 custody transfer standards for natural gas measurement. The real-time technology delivers faster, more accurate data than traditional gas chromatography. Source
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Dana Gas and Crescent Petroleum have completed the $1.1 billion KM250 expansion at Iraq’s Khor Mor field eight months early, adding 250 MMscf/d of new processing capacity and strengthening power generation across the Kurdistan region. Source
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Delta Sands LLC announced plans to construct a new 3-million-ton-per-year wet sand processing facility in East Texas to meet rising demand for high-quality in-basin proppant across the Western Haynesville Shale. Source
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The Railroad Commission of Texas assessed more than $1 million in fines against oil and gas operators and pipeline businesses during its October 30, 2025, meeting, reinforcing its oversight of industry safety, environmental compliance, and regulatory enforcement across the state. Source
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