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World Oil News
EnerMech has been awarded a two-year contract extension by bp Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country. Source
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The ES valves are currently being piloted in live operating conditions at Upper Zakum and Das Island – key production fields with high operational and environmental expectations. Conducted in both onshore and offshore environments, the pilot aims to eliminate fugitive emissions. Source
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Woodside will assume operatorship of ExxonMobil’s Bass Strait assets in a historic deal that will unlock additional gas resources in Australia. As operator, Woodside will oversee asset planning, execution and production-boosting strategies. Source
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A new venue, a record number of exhibitors and more than 80 breakout sessions were all part of a new-look package for the more than 1,000 people – including oil and gas and pipeline operators and industry representatives – who attended the Railroad Commission of Texas’ 2025 Regulatory Conference.  Source
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Petrobras posted a 5% rise in oil and gas production in Q2 2025 compared to Q1, a performance the company attributes to the ramp-up of several FPSOs. This quarter, Petrobras also reported the start-up of 14 new producing in the Campos and Santos basins. Source
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GTSC, part of 3t, the leading global provider of workforce training and competency for safety-critical industries, has announced the appointment of Askar Salem Alyami as Vice President of its Saudi Arabian training center operations.   Source
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ADNOC Drilling has published its financial results for the second quarter (2Q) and first half (1H) of 2025, announcing record-breaking performance across revenue, EBITDA and net profit while maintaining strong momentum in shareholder returns and delivering regional expansion.  Source
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SLB has launched the OnWave™ autonomous logging platform, a first-of-its-kind technology that enables more efficient and reliable acquisition of formation evaluation measurements in any well condition. Source
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The Trump administration and EPA Administrator Lee Zeldin have reversed the 2009 ‘endangerment finding’, which made greenhouse gases, including CO₂, subject to agency regulation. Texas Railroad Commissioner Wayne Christian voiced his support of the ruling. Source
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Enverus Intelligence® Research (EIR) has released a report accessing how the One Big Beautiful Bill Act (OBBA) impacts the equalization of 45Q tax credits, especially as it enhances the economics of carbon dioxide enhanced oil recovery (CO₂-EOR.) Source
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