Wood has been awarded $11 million in contracts by TotalEnergies to support Iraq’s Ratawi field redevelopment, aiming to boost capacity to 120,000 barrels per day under the Gas Growth Integrated Project. SourceContinue Reading

MODEC has secured a contract from ExxonMobil Guyana to deliver the Hammerhead FPSO, with initial design work underway and production capacity set at 150,000 barrels per day pending regulatory approval. SourceContinue Reading

TIPRO reports a 700-job decline in Texas upstream oil and gas employment in March, despite strong hiring activity and record production in the Permian and Eagle Ford. Regulatory shifts and market volatility continue to shape industry outlooks. SourceContinue Reading

(Bloomberg) — Turkey is planning new oil and gas exploration in Bulgaria, Libya, and Iraq as part of a broader upstream expansion strategy. State-run TPAO is leading efforts to boost regional output and secure international energy deals. SourceContinue Reading

Chevron and TotalEnergies have launched production at the Ballymore project in the deepwater Gulf of Mexico, a tieback expected to deliver up to 75,000 barrels per day. The field connects to the Blind Faith platform and marks Chevron’s first development in the Norphlet trend. SourceContinue Reading

“The entire Newfoundland and Labrador energy industry is mourning the loss of Mr. Rob Crosbie, an industry titan who played a leading role in starting the offshore oil and gas industry and forming the energy industry advocacy association Energy NL,” said CEO Charlene Johnson. SourceContinue Reading

U.S. marketed natural gas production remained relatively flat in 2024, growing by less than 0.4 billion cubic feet per day (Bcf/d) compared with 2023 to average 113 Bcf/d, according to the U.S. Energy Information Administration’s (EIA) latest report. SourceContinue Reading

Block Energy plc, the production and development company focused on Georgia, has reached a significant milestone in Phase 2 of its CCS project, with the key process-specific subsurface uncertainties, ahead of the pilot test, having been resolved. SourceContinue Reading

bp Plc started liquefied natural gas shipments from the Greater Tortue Ahmeyim project off Senegal and Mauritania, bolstering global supplies following a halt to Russian gas transit via Ukraine. The $4.8 billion project is expected to produce about 2.4 million tons of LNG a year. SourceContinue Reading

Oil rose slightly at the end of the week after the Trump administration ratcheted up pressure on Iran’s energy exports, while talks between the U.S. and a handful of key trade partners stirred optimism that agreements on trade can be reached. SourceContinue Reading